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CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)<br />
FOR THE SIX MONTHS PERIOD ENDED DECEMBER 31, 2010<br />
Share General Accumulated<br />
capital reserve loss Total<br />
(Rupees in thousand)<br />
Balance at July 1, 2009 2,087,373 392,908 1,829,146 4,309,427<br />
Issue of 208,737,310 bonus shares 2,087,373 (258,227) (1,829,146) –<br />
Total comprehensive loss for the period – – (1,250,626) (1,250,626)<br />
Balance at <strong>Dec</strong>ember 31, 2009 4,174,746 134,681 (1,250,626) 3,058,801<br />
Balance at January 1, 2010 4,174,746 134,681 (1,250,626) 3,058,801<br />
Issue of 200,000,000 shares for cash<br />
on April 20, 2010 2,000,000 – – 2,000,000<br />
Shares issue cost (net of tax benefit) – – (79,247) (79,247)<br />
Total comprehensive loss for the period – – (769,887) (769,887)<br />
Balance at June 30, 2010 6,174,746 134,681 (2,099,760) 4,209,667<br />
Balance at July 1, 2010 6,174,746 134,681 (2,099,760) 4,209,667<br />
Total comprehensive loss for the period – – (2,801,096) (2,801,096)<br />
Balance at <strong>Dec</strong>ember 31, 2010 6,174,746 134,681 (4,900,856) 1,408,571<br />
The annexed notes 1-26 are an integral part of this condensed interim financial information.<br />
______________<br />
Chief Executive<br />
_____________<br />
Director<br />
12<br />
WATEEN TELECOM LIMITED half yearly report dec ‘10
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