Annual Report 2007 - Investing In Africa
Annual Report 2007 - Investing In Africa
Annual Report 2007 - Investing In Africa
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<strong>Annual</strong> <strong>Report</strong> <strong>2007</strong><br />
Parent Company’s Financial Statement<br />
Statement of Changes in Equity<br />
At 31 December 2005 / 1 January 2006<br />
Year ended 31 December<br />
Share Other Retained Total<br />
capital reserves earnings equity<br />
US$'000 US$'000 US$'000 US$'000<br />
As previously reported 179,256 18,733 23,558 221,547<br />
reversal of share of profit - - (68,226) (68,226)<br />
reversal of other reserves - (10,535) 10,535 -<br />
As restated 179,256 8,198 (34,133) 153,321<br />
Net gains not recognised<br />
in the income statement - - 34 34<br />
Net profit - - 19,330 19,330<br />
Total recognised income for 2006 - - 19,364 19,364<br />
Dividend for 2005 - - (10,712) (10,712)<br />
Transfer to general banking reserve - 350 (350) -<br />
Proceeds from issue of shares 84,251 - - 84,251<br />
At 31 December 2006/ 1 January <strong>2007</strong> 263,507 8,548 (25,831) 246,224<br />
Net gains not recognised in the income statement - - - -<br />
Net profit - - 42,699 42,699<br />
Total recognised income for <strong>2007</strong> - - 42,699 42,699<br />
Dividend for 2006 - - (18,355) (18,355)<br />
Share option granted - - 9,430 9,430<br />
Transfer to general banking reserve - 6,405 (6,405) -<br />
Proceeds from issue of shares 1,040 - - 1,040<br />
At 31 December <strong>2007</strong> 264,547 14,953 1,538 281,038<br />
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