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KUWAIT ENERGY PLC
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the year ended 31 December 2017
13
Share
capital
(note 20)
Share
premium
Other
reserves
(note 21)
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
(note 20)
797
347
92
-
1,236
(1,236)
-
Issue of shares under employee incentive scheme (note 20)
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
(Loss)/profit for the year
-
-
-
(52,829)
(52,829)
8
(52,821)
Other comprehensive income for the year
-
-
254
-
254
-
254
Total comprehensive (loss)/income for the year
-
-
254
(52,829)
(52,575)
8
(52,567)
Cancellation of treasury shares (note 21)
(41,936)
(24,232)
66,168
-
-
-
-
Issue of shares for acquisition of non-controlling interest
(note 20)
121
69
16
-
206
(206)
-
Issue of shares under employee incentive scheme (note 20)
167
109
(276)
-
-
-
-
Share-based payment charges
-
-
399
-
399
-
399
Balance at 31 December 2017
519,204
181,875
(39,006)
(479,411)
182,662
4,239
186,901