You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Statement of changes in equity<br />
(All amounts in USD 1 000 if not otherwise stated)<br />
Share capital<br />
Share<br />
premium<br />
IFRS<br />
Paid in<br />
capital<br />
Retained<br />
earnings<br />
Inception on 16 October 2006 16 0 0 0 16<br />
Total<br />
Net profit/ (loss) for the period 0 0 0 -87 -87<br />
Balance at 31 December 2006 16 0 0 -87 -71<br />
Issue of share capital, net of share issuance cost January 2007 86 48 822 0 0 48 908<br />
Issue of share capital, net of share issuance cost July 2007 2 2 060 2 062<br />
Employee share option scheme, value of employee services 841 841<br />
Net profit/ (loss) for the period 0 0 0 2 530 2 530<br />
Balance at 31 December 2007 104 50 882 841 2 443 54 270<br />
Issue of share capital, net of share issuance cost August 2008 4 9 325 9 329<br />
Net profit/ (loss) for the period 20 880 20 880<br />
Balance at 31 December 2008 108 60 207 841 23 323 84 480<br />
Net profit/ (loss) for the period -24 832 -24 832<br />
Balance at 31 December 2009 108 60 207 841 -1 509 59 648<br />
58 Marine Subsea <strong>Annual</strong> <strong>Report</strong> 2009