XML 45 R8.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Changes in Equity - USD ($)
Issued capital [member]
Equity reserve [member]
Hedging reserve [member]
Fair value reserve [member]
Reserves convertible Debentures [member]
Foreign currency reserves [member]
Retained earnings [member]
Non-controlling interests [member]
Total
Equity at beginning of period at Dec. 31, 2019 $ 422,145,000 $ 20,870,000 $ (674,000) $ (42,000) $ 4,825,000 $ 1,115,000 $ 187,187,000   $ 635,426,000
Equity at beginning of period, shares at Dec. 31, 2019 160,291,553                
Net income for the period attributable to Fortuna shareholders             21,553,000   21,553,000
Other comprehensive loss for the year     (204,000) (382,000)         (586,000)
Comprehensive income for the year                 20,967,000
Comprehensive income for the year, including beginning balance     (204,000) (382,000)     21,553,000   656,393,000
Exercise of stock options $ 1,438,000 (427,000)             1,011,000
Exercise of stock options, shares 211,626                
Shares issued on vesting of share units $ 3,081,000 (3,081,000)              
Shares issued on vesting of share units, shares 692,548                
Issuance of common shares $ 69,000,000               69,000,000
Issuance of common shares, shares 23,000,000                
Share issuance costs $ (3,358,000)               (3,358,000)
Share-based payments   2,724,000             2,724,000
Subtotal of transactions with owners of the Company $ 70,161,000 (784,000)             69,377,000
Subtotal of transactions with owners of the Company, shares 23,904,174                
Equity at end of period at Dec. 31, 2020 $ 492,306,000 20,086,000 (878,000) (424,000) 4,825,000 1,115,000 208,740,000   725,770,000
Equity at end of period, shares at Dec. 31, 2020 184,195,727                
Net income for the period attributable to Fortuna shareholders             57,877,000 $ 1,522,000 59,399,000
Other comprehensive loss for the year     1,006,000 (272,000)   (4,022,000)     (3,288,000)
Comprehensive income for the year     1,006,000 (272,000)   (4,022,000) 57,877,000 1,522,000 56,111,000
Acquisition of Roxgold $ 582,523,000 7,332,000           52,900,000 642,755,000
Acquisition of Roxgold, shares 106,106,224                
Exercise of stock options $ 389,000 (136,000)             253,000
Exercise of stock options, shares 68,927                
Shares issued on vesting of share units $ 4,468,000 (4,468,000)              
Shares issued on vesting of share units, shares 1,146,452                
Convertible debenture conversion $ 60,000               60,000
Convertible debenture conversion, shares 12,000                
Shares issued for share units $ 60,000               60,000
Share-based payments   4,621,000             4,621,000
Subtotal of transactions with owners of the Company $ 587,440,000 7,349,000           52,900,000 647,689,000
Subtotal of transactions with owners of the Company, shares 107,333,603                
Equity at end of period at Dec. 31, 2021 $ 1,079,746,000 $ 27,435,000 $ 128,000 $ (696,000) $ 4,825,000 $ (2,907,000) $ 266,617,000 $ 54,422,000 $ 1,429,570,000
Equity at end of period, shares at Dec. 31, 2021 291,529,330