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SEC Filings

8-K/A
SEVEN STARS CLOUD GROUP, INC. filed this Form 8-K/A on 08/14/2017
Entire Document
 

Wide Angle Group Limited

 

December 31, 2015 and December 31, 2016

 

Consolidated Statements of Changes in Shareholders’ Equity

(Amounts expressed in U.S. dollars)

 

   Paid-in capital   Additional paid-in capital   Accumulated deficit   Accumulated other comprehensive income (losses)   Total shareholders’ equity 
                     
Balance at December 31, 2014   624,917    -    (3,493,551)   3,456    (2,865,178)
                          
Net loss   -    -    (497,378)   -    (497,378)
Foreign currency translation adjustments, net of tax impact of nil   -    -    -    (5,354)   (5,354)
                          
Balance at December 31, 2015   624,917    -    (3,990,929)   (1,898)   (3,367,910)
                          
Capital contribution   -    5,506,393    -    -    5,506,393 
Net loss   -    -    (1,350,137)   -    (1,350,137)
Foreign currency translation adjustments, net of tax impact of nil   -    -    -    2,217    2,217 
Additional paid-in capital makes up for accumulated deficit   -    (2,014,616)   2,014,616    -    - 
Balance at December 31, 2016   624,917    3,491,777    (3,326,450)   319    790,563 

 

The accompanying notes are an integral part of these consolidated financial statements. 5