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Consolidated statement of changes in equity<br />
(All amounts in USD 1 000 if not otherwise stated)<br />
Share<br />
capital<br />
Share<br />
premium<br />
Paid in<br />
capital<br />
Retained<br />
earnings<br />
IFRS<br />
Total<br />
Non-controlling<br />
interest<br />
Inception on 16 October 2006 16 16 16<br />
Net profit/ (loss) for the period -87 -87 -87<br />
Balance at 31 December 2006 16 0 0 -87 -71 -71<br />
Total<br />
Issue of share capital, net of share issuance cost<br />
January 2007 86 48 822 48 908<br />
Issue of share capital, net of share issuance cost<br />
July 2007 2 2 060 2 062 2 062<br />
Employee share option scheme, value of employee services 841 841 841<br />
Net profit/ (loss) for the period 3394 3 394 3 394<br />
Balance at 31 December 2007 104 50 882 841 3 307 55 134 55 134<br />
Issue of share capital, net of share issuance cost<br />
August 2008 4 9 325 9 329 9 329<br />
Net profit/(loss) for the period 19 984 19 984 -5 19 979<br />
Balance at 31 December 2008 108 60 207 841 23 291 84 447 -5 84 442<br />
Total comprehensive income for the period -41 317 -41 317 -312 -41 629<br />
Acquisition of subsidary -223 -223 -234 -457<br />
Balance at 31 december 2009 108 60 207 841 -18 250 42 906 -551 42 356<br />
22 Marine Subsea <strong>Annual</strong> <strong>Report</strong> 2009
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