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KUWAIT ENERGY plc
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
For the six months ended 30 June 2014
34
6.
REVENUE
For the six months
period ended 30 June
For the year ended 31 December
2014
2013
2013
2012
2011
Audited
Unaudited
(Restated)
Audited
(Restated)
Audited
(Restated)
Audited
(Restated)
USD 000’s USD 000’s USD 000’s USD 000’s USD 000’s
Oil sales
131,004
117,102
262,494
182,976
138,518
131,004
117,102
262,494
182,976
138,518
7.
PROFIT/(LOSS) FOR THE YEAR/PERIOD FROM CONTINUING OPERATIONS
For the six months
period ended 30 June
For the year ended 31 December
2014
2013
2013
2012
2011
Audited
Unaudited
(Restated)
Audited
(Restated)
Audited
(Restated)
Audited
(Restated)
USD 000’s USD 000’s USD 000’s USD 000’s USD 000’s
Profit / (loss) for the period/year
is stated after charging:
Staff costs
3,326
2,944
10,250
6,193
6,065
Depletion and amortisation of oil
and gas assets
37,649
40,902
78,051
43,467
26,258
Depreciation of other fixed assets
835
989
1,912
1,888
1,308
8.
COST OF SALES
For the six months
period ended 30 June
For the year ended 31 December
2014
2013
2013
2012
2011
Audited
Unaudited
(Restated)
Audited
(Restated)
Audited
(Restated)
Audited
(Restated)
USD 000’s USD 000’s USD 000’s USD 000’s USD 000’s
Operating costs
17,655
23,730
54,175
32,349
26,731
Depletion and amortisation of oil
and gas assets
37,649
40,902
78,051
43,467
26,258
55,304
64,632
132,226
75,816
52,989