ASS#2 - Step 2 - Restating your firm's spreadsheet - Statements of changes in equity
KCQ - answers

• My company SEEK have purchased shares on-market for employee share option schemes & treasury shares. I know that purchased shares are not a transaction with shareholders, I believe they would be classified as financial comprehensive income as they're purchased for the economic benefit of a firm at a future date. 

• Tax associated with employee share scheme - Upon closer inspection this amount doesn't even show on the annual report, I just read the heading. Silly me!

• Conversion of preference shares to ordinary shares. 
  They are fixed-income security shares that the investor can choose to convert into a certain amount of shares of a company. These include a previously determined timespan or certain date that needs to mature before the conversion. This option gives the investor security, and allows for the investor to cash in on a price rise in shares whilst avoiding the price drop. Conversion of preference shares to ordinary shares therefore means that the investor has decided to convert these shares, which is a transaction with shareholders in the statement of changes in equity spreadsheet. 

• Non-controlling interests acquired on acquisition. "An ownership stake in a company where the investor has absolutely no influence over how the company is run.  The majority of investor positions are deemed to be a non-controlling interest because their ownership stake is so insignificant relative to the total number of outstanding shares. For smaller companies, any position that holds less than 50% of the outstanding voting shares is deemed to be a non-controlling interest."
• Excerpt - Investopedia"http://www.investopedia.com/terms/s/sharepurchaseright.asp"