Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Share Capital (Tables)

v3.19.2
Share Capital (Tables)
12 Months Ended
Jan. 31, 2019
Disclosure of classes of share capital [abstract]  
Disclosure of Detailed Information About Share Capital

    31 January 2019 
NZ$000’s
    31 January 2018 
NZ$000’s
    31 January 2017 
NZ$000’s
 
29,640,965 (2018: 306,028, 2017: 274,839) Ordinary shares     134,183       68,727       27,948  

Disclosure of Detailed Information About Ordinary Shares Explanatory

  (a) Ordinary shares

 

    For the Year Ended
31 January 2019 
NZ$000’s
    For the Year Ended
31 January 2018 
NZ$000’s
    For the 7 months Ended
31 January 2017 
NZ$000’s
 
                   
At the beginning of the reporting period     68,727       27,948       3,108  
Issuance of new shares                        
- Cash collected     23,248       22,990       24,840  
- Settle shareholder loan     12,242       -       -  
- Shares issued in lieu of consultancy fee     692       -       -  
- Shares issued in lieu of inventory payment     4,047       -       -  
Convertible note maturity     4,159       17,789       -  
Business combination with Naked Brand Group Inc.     14,196       -       -  
Asset acquisition of FOH Online Inc.     6,872       -       -  
At the end of the reporting period     134,183       68,727       27,948  

 

The Company does not have authorised capital or par value in respect of its shares.

 

    For the Year Ended
31 January 2019 
Number
    For the Year Ended
31 January 2018 
Number
    For the 7 months Ended
31 January 2017 
Number
 
Naked Brand Group Limited shares issued on close of the merger between Bendon Limited and Naked Brand Group Inc.                        
- Bendon shareholders     20,889,940       274,839       250,000  
- Naked shareholders     2,068,438       -       -  
Shares issued during the period     6,682,587       10,180       24,839  
At the end of the period     29,640,965       285,019       274,839  

Disclosure of Detailed Information About Other Equity Explanatory

    31 January 2019 
NZ$000’s
    31 January 2018 
NZ$000’s
    31 January 2017 
NZ$000’s
 
Value of conversion rights - convertible notes     4,159       17,789                     -  

Disclosure of Detailed Information About Gearing Ratio

The gearing ratio for the years ended 31 January 2019, 31 January 2018 and 31 January 2017 are as follows:

 

    Note   31 January 2019 
NZ$000’s
    31 January 2018 
NZ$000’s
    31 January 2017 
NZ$000’s
 
Total borrowings   19     22,016       52,121       68,998  
Less Cash and cash equivalents   11     (1,962 )     (10,739 )     (2,644 )
Net debt         20,054       41,382       66,354  
Equity         10,800       (5,710 )     (9,044 )
Total capital         30,854       35,672       57,310  
Gearing ratio         65 %     116 %     116 %