KUWAIT ENERGY plc GROUP
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
Three months ended 31 March 2014
F-13
3.
SEGMENTAL INFORMATION (CONTINUED)
Egypt
Yemen
Iraq
Others
Total
31 March 2014
USD 000’s USD 000’s USD 000’s USD 000’s USD 000’s
Segment revenues
51,592
15,729
-
-
67,321
Segment results
29,220
1,319
-
(5,074)
25,465
Share in results of joint venture
-
-
-
1,075
1,075
Gain on held for trading derivative
81
Fair value loss on convertible loans
(3,016)
Other income
142
Foreign exchange loss
(8)
Finance costs
(1,351)
Profit before tax
22,388
Taxation
(2,100)
Profit for the period from
continuing operations
20,288
Loss from discontinued operations
(1,400)
Profit for the period
18,888
Segment assets
505,597
180,390
116,071
130,092
932,150
E&E assets
125,008
50,272
28,802
-
204,082
PP&E
186,873
100,353
71,053
3,569
361,848
Segment liabilities
57,714
17,387
30,493
294,511
400,105
Other information
Additions to E&E
5,913
1,243
1,474
-
8,630
Additions to PP&E
11,663
4,651
13,628
1,727
31,669
Depreciation, Depletion and
Amortisation
13,032
7,922
-
342
21,296
Egypt
Yemen
Iraq
Others
Total
31 March 2013
USD 000’s USD 000’s USD 000’s USD 000’s USD 000’s
(Restated)
Segment revenues
39,931
16,801
-
-
56,732
Segment results
21,449
1,518
-
(4,386)
18,581
Share in result of joint venture
-
-
-
386
386
Gain on held for trading derivative
78
Fair value loss on convertible loans
(2,899)
Other income
80
Finance costs
(2,446)
Profit before tax
13,780
Taxation
(2,032)
Profit for the period from
continuing operations
11,748
Loss from discontinued operations
(2,669)
Profit for the period
9,079
