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Amounts in USD 1 000 Unaudited 2009<br />
Financial items<br />
Consolidated -42 898<br />
Adjustment consolidated – int income on internal loan in MS Sarah Ltd 8 455<br />
MS Sarah Ltd 397<br />
Adjusted financial items -34 046<br />
Net profit (loss) before income tax and associates<br />
Consolidated -41 142<br />
Adjustment Consolidated 10 869<br />
MS Sarah Ltd 1 715<br />
Adjusted net profit (loss) before income tax -28 558<br />
Note 30 – Subsequent events<br />
On January 15, 2010 Leung Kee Holding Ltd (Brian Chang) paid USD 6 million to Marine Subsea Cyprus Holding Ltd as a loan. The loan will be repaid<br />
in equal payments over 6 months, starting April 2006.<br />
On March 2, 2010 Brian Chang paid USD 2 million as an advance payment regarding the broker fee to Altic Shipping prepaid by Marine Subsea.<br />
The amount will be regularized as loan from Brian Chang to Yantai when the Bareboat Charter Agreement for the African Challenger is completed<br />
and signed.<br />
54 Marine Subsea <strong>Annual</strong> <strong>Report</strong> 2009
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