2011 Annual Report - Khaleeji Commercial Bank BSC

KHALEEJI COMMERCIAL BANK BSC
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
for the year ended 31 December 2011
BD 000’s
2011 Share Share Statutory Treasury Unvested Share Investments Retained Total
capital premium reserve shares employee grant fair value earnings
incentive reserve reserve
scheme
shares
At 1 January 2011 115,416 1,213 6,298 (6,018) (937) 324 117 1,745 118,158
Fair value changes - - - - - - (63) - (63)
Profit for the year - - - - - - - 518 518
Total recognised income
and expense for the year - - - - - - (63) 518 455
Transfer to statutory reserve - - 52 - - - - (52) -
Treasury shares acquired - - - (131) - - - - (131)
Treasury shares sold - - - 106 - - - - 106
Adjustment for vesting
and issue of shares - 272 - - 517 (272) - - 517
Vesting charge for the year
(note 20) - - - - - 68 - - 68
Transfer to zakah fund (2010) - - - - - - - (250) (250)
At 31 December 2011 115,416 1,485 6,350 (6,043) (420) 120 54 1,961 118,923
2010 Share Share Statutory Treasury Unvested Share Investments Retained Total
capital premium reserve shares employee grant fair value earnings
incentive reserve reserve
scheme
shares
At 1 January 2010 104,924 958 6,298 (5,216) (1,648) 367 30 20,861 126,574
Fair value changes - - - - - - 87 - 87
Loss for the year - - - - - - - (6,533) (6,533)
Total recognised income
and expense for the year - - - - - - 87 (6,533) (6,446)
Treasury shares acquired - - - (992) - - - - (992)
Treasury shares sold - - - 190 - - - - 190
Vesting charge for the
year (note 20) - - - - - 212 - - 212
Adjustment for vesting
and issue of shares - 255 - - 711 (255) - - 711
Transfer to charity fund (2009) - - - - - - - (150) (150)
Transfer to zakah fund (2009) - - - - - - - (1,941) (1,941)
Bonus shares (2009) 10,492 - - - - - - (10,492) -
At 31 December 2010 115,416 1,213 6,298 (6,018) (937) 324 117 1,745 118,158
The accompanying notes 1 to 35 form an integral part of these consolidated financial statements.
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Annual Report 2011