BLUNT CO.

Statemen of Changes in Equity

For the Year Ended December 31, 2013
Share Capital
Preference Ordinary
Balances, January 1 400,000.00 950,000.00

Issuance of 18 200 shares of 10% preference share

capital at P20 par value
364,000.00
Subscribed preference share capital - 10 500
shares 210,000.00 67,320.00
Subscriptions receivable - preference (75,850.00)
Preference share dividend to be issued - 7 585
shares 151,700.00
Issuance of 74 500 shares of ordinary share capital
at P10 par value 745,000.00
Subsctibed ordinary share capital - 10 800
shares 108,000.00
Subscriptions receivable - ordinary (55,800.00)
Ordinary share dividend to be issued - 18 390
shares 183,900.00
Share premium - donated shares
Net income for the period

Cash dividends declared and paid - preference

Cash dividends declared and paid - ordinary

Reversal of appropriation for treasury shares

Current appropriations for:

Treasury shares
Contingencies
Treasury shares

Purchase - 5 000 preference shares at P25/share

Sale - 6 000 shares at P7/share
Balances, December 31 1,049,850.00 1,998,420.00
 BLUNT CO.
Statemen of Changes in Equity
the Year Ended December 31, 2013
Retained Earnings Treasury shares at
Share Premium Total
Free Appropriated cost
220,000.00 900,000.00 36,000.00 (36,000.00) 2,470,000.00

44,880.00 408,880.00

277,320.00
(75,850.00)

37,925.00 (189,625.00) -

162,000.00 907,000.00

40,500.00 148,500.00
(55,800.00)

36,060.00 (219,960.00) -
12,250.00 12,250.00
780,000.00 780,000.00

(97,400.00) (97,400.00)

(180,300.00) (180,300.00)

36,000.00 (36,000.00) -
-
(125,000.00) 125,000.00 -
(100,000.00) 100,000.00 -
-

(125,000.00) (125,000.00)
6,000.00 36,000.00 42,000.00
559,615.00 803,715.00 225,000.00 (125,000.00) 4,511,600.00