8-9 / 19
KUWAIT ENERGY PLC
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the nine month period ended 30 September 2017
7
Share
capital
Share
premium
Other
reserves
Retained
deficit
Total
Non-
controlling
interest
Total
equity
US$ 000’s
US$ 000’s
US$ 000’s
US$ 000’s
US$ 000’s
US$ 000’s
US$ 000’s
Balance at 1 January 2016
559,835
205,491
(105,613)
(310,437)
349,276
5,645
354,921
(Loss)/profit for the year
-
-
-
(116,145)
(116,145)
28
(116,117)
Other comprehensive loss for the year
-
-
(30)
-
(30)
-
(30)
Total comprehensive (loss)/income for the year
-
-
(30)
(116,145)
(116,175)
28
(116,147)
Issue of shares for acquisition of non-controlling interest
797
347
92
-
1,236
(1,236)
-
Issue of shares under employee incentive scheme
220
91
(311)
-
-
-
-
Share based payment charges
-
-
295
-
295
-
295
Balance at 31 December 2016
560,852
205,929
(105,567)
(426,582)
234,632
4,437
239,069
Profit for the period
-
-
-
11,722
11,722
8
11,730
Other comprehensive income for the period
-
-
409
-
409
-
409
Total comprehensive income for the period
-
-
409
11,722
12,131
8
12,139
Cancellation of treasury shares*
(41,937)
(24,232)
66,169
-
-
-
-
Issue of shares for acquisition of non-controlling interest
33
20
5
-
58
(58)
-
Issue of shares under employee incentive scheme
167
109
(276)
-
-
-
-
Share based payment charges
-
-
238
-
238
-
238
Balance at 30 September 2017
519,115
181,826
(39,022)
(414,860)
247,059
4,387
251,446
*During the period ended 30 September 2017, the Group cancelled all 32.5 million shares which were held as treasury shares on 31 December 2016. Following this cancellation, the
Company has 326.7 million shares in issue.