KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
ANNUAL REPORT 2014
57
CONSOLIDATED
STATEMENT OF CHANGES
IN EQUITY
Year ended 31 December 2014
The accompanying notes form an integral part of these financial statements.
Note
Share
capital
Merger
deficit
Currency
translation
reserve
Accumulated
profits
Total
equity
$’000 $’000
$’000
$’000
$’000
At 1 January 2014
36,133 (32,763)
(186)
54,316
57,500
Total comprehensive income
for the year
Profit for the year
–
–
–
5,617
5,617
Other comprehensive income
Translation differences relating to
financial statements of foreign
operations
–
–
209
–
209
Total comprehensive income
for the year
–
–
209
5,617
5,826
Transactions with owners,
recognised directly in equity
Contributions by and
distributions to owners
Issuance of shares, net of shares
issue expenses
11 38,276
–
–
–
38,276
Dividends
24
–
–
–
(3,550)
(3,550)
Total transactions with owners
38,276
–
–
(3,550)
34,726
At 31 December 2014
74,409 (32,763)
23
56,383
98,052
