Staatsolie Halfjaarverslag 2014

3. Condensed Interim Consolidated Statement of Changes in Shareholder’s
Equity for the six months ended June 30, 2014
The movement for the six months ended June 30, 2014 consists of the following:
Common
General
Appropriated
Appropriated
Accumulated
Total
stock
reserve
reserve for
reserve
net other
environmental
Committee
comprehensive
risk
Rehabilitation
income
and Expansion
of Sports
x US$ 1,000
facilities
Balance as at January 1
12,104
814,490
6,500
7,456
(1,129)
839,421
Equity movements:
Transfer from earnings
-
293,941
-
-
-
293,941
Dividend declared
-
(149,068)
-
-
-
(149,068)
Prepaid pension benefits
-
344
-
-
-
344
Adjustment allowances
-
78
-
-
-
78
Allocation / (Withdrawal) 1 )
-
-
500
(490)
(2,303)
(2,293)
Balance as at Dec 31
12,104
959,785
7,000
6,966
(3,432)
982,423
Equity movements:
Transfer from earnings
-
155,364
-
-
-
155,364
Prepaid pension benefits
-
172
-
-
-
172
Allocation / (Withdrawal) 1 )
-
-
250
(186)
(4,989)
(4,925)
Balance as at June 30
12,104
1,115,321
7,250
6,780
(8,421)
1,133,034
1
) Allocation / (Withdrawal) consists of the following items:
• Appropriated reserve for environmental risk: US$ 250,000.
Annually, an amount of US$ 500,000 is allocated for environmental risks. As at June 30, 2014, the appropriated
reserve for environmental risk amounted to US$ 7.25 million.
• Appropriated reserve Committee Rehabilitation and Expansion of Sports facilities: (US$ 186,187).
• Accumulated net other comprehensive Income: (US$ 4,989,000).
See paragraph 4 on the next page for the breakdown of this amount.
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