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KUWAIT ENERGY plc
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the six months ended 30 June 2014
8
Share
capital
Share
premium
Merger
reserve
Other
reserves
Retained
earnings/
(deficit)
Total
(Restated)
USD 000’s
USD 000’s
USD 000’s
USD 000’s
USD 000’s
USD 000’s
Balance at 1 January 2011 (Audited)
438,648
157,163
(32,196)
(11,201)
63,561
615,975
Profit for the year
-
-
-
-
18,485
18,485
Other comprehensive income for the year
-
-
-
3,520
-
3,520
Total comprehensive income for the year
-
-
-
3,520
18,485
22,005
Issue of share capital
53,330
27,178
(3,915)
-
-
76,593
Share issue costs
-
(2,897)
-
-
-
(2,897)
Recognition of share-based payments (note 29)
-
-
-
1,229
-
1,229
Issue of shares under employee incentive scheme
356
293
(26)
(623)
-
-
Issue of shares – Joining bonus
39
-
(3)
-
-
36
Dividend
-
-
-
-
(23,086)
(23,086)
Shares to be issued for business combination
-
-
-
12,832
-
12,832
Balance at 31 December 2011 (Audited)
492,373
181,737
(36,140)
5,757
58,960
702,687
Profit for the year
-
-
-
-
37,568
37,568
Other comprehensive income for the year
-
-
-
8
-
8
Total comprehensive income for the year
-
-
-
8
37,568
37,576
Issue of shares for business combination
7,174
5,658
-
(12,832)
-
-
Recognition of share-based payments (note 29)
-
-
-
742
-
742
Issue of shares under employee incentive scheme
1,310
1,131
-
(2,441)
-
-
Dividend
-
-
-
-
(23,063)
(23,063)
Balance at 31 December 2012 (Audited)
500,857
188,526
(36,140)
(8,766)
73,465
717,942
Loss for the year
-
-
-
-
(281,370)
(281,370)
Other comprehensive income for the year
-
-
-
8,766
137
8,903
Total comprehensive income/(loss) for the year
-
-
-
8,766
(281,233)
(272,467)
Shares issued to IFC (note 22)
4,981
-
-
-
(4,981)
-
Issue of shares under employee incentive scheme
(note 22)
1,994
783
-
-
-
2,777
Balance at 31 December 2013 (Audited)
507,832
189,309
(36,140)
-
(212,749)
448,252