Annual Report 2010 - Ophir Energy
Annual Report 2010 - Ophir Energy
Annual Report 2010 - Ophir Energy
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42<br />
<strong>Ophir</strong> energy plc | <strong>2010</strong> ANNUAL REPORT<br />
grOUp AccOUnTs | COmPANy sTATEmENT Of fiNANCiAL POsiTiON<br />
group Accounts<br />
Company Statement of Financial Position<br />
As at 31 December <strong>2010</strong><br />
non current assets<br />
nOTes<br />
As AT<br />
31 Dec <strong>2010</strong><br />
Us$’000<br />
As AT<br />
31 Dec 2009<br />
Us$’000<br />
Exploration and evaluation assets 9 - 49<br />
Property, plant and equipment 10 364 126<br />
Investments in subsidiaries 11 (a) 344,791 294,806<br />
Other financial assets 12 418 -<br />
current assets<br />
345,573 294,981<br />
Trade and other receivables<br />
14<br />
823 635<br />
Other financial assets<br />
12<br />
- 1,200<br />
Cash and short-term deposits<br />
16 74,364<br />
131,195<br />
75,187<br />
133,030<br />
Total assets<br />
420,760<br />
428,011<br />
current liabilities<br />
Trade and other payables<br />
17 (822)<br />
(692)<br />
Provisions<br />
18 (192)<br />
(392)<br />
Total liabilities<br />
(1,014)<br />
(1,084)<br />
net assets<br />
419,746<br />
426,927<br />
capital and reserves<br />
Called up share capital<br />
19 (b)<br />
1,042<br />
1,041<br />
Share premium account<br />
20 417,048<br />
417,048<br />
Reserves<br />
20 1,656 8,838<br />
Total equity<br />
419,746 426,927<br />
Approved by the Board on 28 March 2011<br />
nicholas smith<br />
Chairman<br />
Alan stein<br />
Managing Director
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