FY 2011 Annual Report - Sheng Siong
FY 2011 Annual Report - Sheng Siong
FY 2011 Annual Report - Sheng Siong
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<strong>Sheng</strong> <strong>Siong</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><br />
Consolidated Statement of Changes in Equity<br />
Share<br />
capital<br />
Attributable to equity holders of the Company<br />
Fair value<br />
reserve<br />
Merger<br />
reserve<br />
Accumulated<br />
profits<br />
Year ended 31 December <strong>2011</strong><br />
Foreign<br />
currency<br />
translation<br />
reserve<br />
Total<br />
equity<br />
$’000 $’000 $’000 $’000 $’000 $’000<br />
Group<br />
As at 1 January <strong>2011</strong> 78,234 – (68,234) 33,881 * 43,881<br />
Total comprehensive income for<br />
the year<br />
Profit for the year – – – 27,256 – 27,256<br />
Transactions with owners<br />
recorded directly in equity:<br />
Contributions by and<br />
distribution to owners<br />
Issuance of shares pursuant to the IPO<br />
(Note 11) 80,367 – – – – 80,367<br />
Issuance of dividend (Note 11) – – – (927) – (927)<br />
IPO expenses taken to equity<br />
(Note 11) (2,252) – – – – (2,252)<br />
Total transactions with owners 78,115 – – (927) – 77,188<br />
At 31 December <strong>2011</strong> 156,349 – (68,234) 60,210 * 148,325<br />
* Amount outstanding at balance sheet date is $143, ie. less than $1,000.<br />
The accompanying notes form an integral part of these financial statements.<br />
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