54
55
KUWAI
CONSO
As at 31 D
ASSETS
Non-curr
Intangible
Property,
Deferred t
Current a
Inventorie
Trade and
Cash and
Total ass
EQUITY
Equity
Share cap
Share prem
Merger re
Other rese
Retained e
Total equ
Non-curr
Long-term
Long-term
Deferred t
Current l
Trade and
Current ta
Derivative
Current po
Total liab
Total equ
The Finan
signed on
Manss
Chairman
T ENERGY
LIDATED B
ecember 201
ent assets
exploration a
plant and equ
ax asset
ssets
s
other receiva
bank balance
ets
AND LIABI
ital
ium
serve
rves
arnings
ity
ent liabilities
loans
provisions
ax liability
iabilities
other payabl
x payable
financial ins
rtion of long
ilities
ity and liabi
cial Statemen
its behalf by
our Aboukha
& Managing
plc GROU
ALANCE S
1
nd evaluation
ipment
bles
s
LITIES
es
truments
-term loans
lities
ts were appro
:
mseen
Director
P
HEET
assets
ved the board of directors
Notes
13
14
11
15
16
17
18
18
18
19
20
21
11
22
22
23
20
and authorise
2011
USD 00
149,20
493,12
8,97
651,29
16,24
176,05
40,47
232,77
884,07
492,37
181,73
(36,14
5,7
90,56
734,29
45,00
2,69
31,37
79,07
52,96
8,99
7
8,00
70,70
149,77
884,07
d for issue on
0’s
U
1
7
0
8
0
5
7
2
0
3
7
0)
57
5
2
0
4
9
3
4
1
50
0
5
8
0
4 April 2012
7
2010
SD 000’s
243,964
307,249
9,146
560,359
17,862
135,199
58,092
211,153
771,512
438,648
157,163
(32,196)
(11,201)
78,888
631,302
53,000
1,790
30,644
85,434
49,907
532
4,337
-
54,776
140,210
771,512
. They were
KUWAIT ENERGY plc GROUP
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the year ended 31 December 2011
8
Share
capital
Share
premium
Merger
reserve
Other reserves
(Note 19)
Retained
earnings
Total
USD 000’s
USD 000’s
USD 000’s
USD 000’s
USD 000’s
USD
000’s
Balance at 1 January 2011
438,648
157,163
(32,196)
(11,201)
78,888
631,302
Profit for the year
-
-
-
-
34,763
34,763
Other comprehensive income
for the year
-
-
-
3,520
-
3,520
Total comprehensive income
for the year
-
-
3,520
34,763
38,283
Issue of share capital (See note 18)
53,330
27,178
(3,915)
-
-
76,593
Share issue costs
-
(2,897)
-
-
-
(2,897)
Recognition of share-based
payments (See note 24)
-
-
-
1,229
-
1,229
Issue of shares under employee
incentive scheme (See note 24)
356
293
(26)
(623)
-
-
Issue of shares
–
Joining bonus
39
-
(3)
-
-
36
Dividends ( See note 32)
-
-
-
-
(23,086)
(23,086)
Shares to be issued for business
combination (See note 19)
-
-
-
12,832
-
12,832
Balance at 31 December 2011
492,373
181,737
(36,140)
5,757
90,565
734,292
Share
capital
Share
premium
Merger
reserve
Other reserves
(Note 19)
Retained
earnings
Total
USD 000’s
USD 000’s
USD 000’s
USD 000’s
USD 000’s
USD 000’s
Balance at 1 January 2010
401,823
134,059
(29,493)
16,733
56,986
580,108
Profit for the year
-
-
-
21,902
21,902
Other comprehensive loss
for the year
-
-
-
(3,596)
-
(3,596)
Total comprehensive income
for the year
-
-
-
(3,596)
21,902
18,306
Issue of share capital (See note 18)
23,264
11,856
(1,708)
-
-
33,412
Share issue costs
-
(1,410)
-
-
-
(1,410)
Recognition of share-based
payments (See note 24)
-
-
-
886
-
886
Issue of shares under employee
incentive scheme (See note 24)
138
96
(10)
(224)
-
-
Issue of shares in a business
combination (See note 19)
13,423
12,562
(985)
(25,000)
-
-
Balance at 31 December 2010
438,648
157,163
(32,196)
(11,201)
78,888
631,302
Kuwait Energy Plc Group
Consolidated Balance Sheet
For The Year Ended 31 December 2011
Kuwait Energy Plc Group
Consolidated Statement Of Changes In Equity
For The Year Ended 31 December 2011
