INTL FCStone 2005 Annual Report Download - page 45

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INTERNATIONAL ASSETS HOLDING CORPORATION AND SUBSIDIARIES
Consolidated Statements of Changes in Stockholders’ Equity
Years ended September 30, 2005 and 2004
Preferred
stock
Common
stock
Additional
paid-in
capital
Accumulated
deficit
Treasury
stock,
at cost
Total
stockholders’
equity
Balances at October 1, 2003, as
previously reported ............... $— $47,024 $11,783,124 $(2,531,820) $ — $ 9,298,328
Effect of restatement (note 2) ......... (16,040) (16,040)
Balances at October 1, 2003, as
restated ........................ — 47,024 11,783,124 (2,547,860) — 9,282,288
Issuance of warrants for placement
agent services ................... 893,121 893,121
Recognition of beneficial conversion
feature of convertible subordinated
notes, as restated ................. 2,483,478 2,483,478
Conversion of subordinated notes
payabletocommonstock .......... 20,869 10,166,855 10,187,724
Issuance of common stock in connection
with acquisition of INTL Global
Currencies ...................... 1,500 1,470,000 1,471,500
Exercise of incentive stock options .... 1,018 269,199 270,217
Exercise of nonqualified stock
options ........................ 280 67,973 68,253
Nonqualified stock option expense for
consultant ...................... 34,867 34,867
Net loss, as restated ................ (118,207) (118,207)
Balances at September 30, 2004, as
restated ........................ — 70,691 27,168,617 (2,666,067) — 24,573,241
Exercise of incentive stock options .... 2,809 518,114 520,923
Exercise of nonqualified stock
options ........................ 809 208,061 208,870
Acquisition of common shares as
payment for stock option exercises . . (36,938) (36,938)
Retirement of common shares as
payment for stock option exercises . . (50) (36,888) 36,938 —
Income tax benefit from stock option
exercises and dispositions ......... 192,173 192,173
Netincome ....................... — 2,613,635 2,613,635
Balances at September 30, 2005 ....... $— $74,259 $28,050,077 $ (52,432) $ — $28,071,904
See accompanying notes to consolidated financial statements.
F-5