Annual Reports & Accounts 2011

	Note	As at 31 December
		2011 USD’000	2010 USD’000
ASSETS
Non-current assets
Investment in subsidiaries	19	750,917	750,018
Current assets
Other receivables		112	17
Due from related parties	25	209,939	22,619
Cash at bank	26	298	189
		210,349	22,825
Total assets		961,266	772,843
EQUITY AND LIABILITIES
Capital and reserves
Share capital	27	23,552	18,682
Share premium	27	211,776	–
Other reserve	29	708,852	708,852
Retained earnings		15,744	43,050
Total equity		959,924	770,584
Non-current liabilities
Provision for employees’ end of service benefits	31	821	808
Current liabilities
Other payables and accruals		521	1,451
Total liabilities		1,342	2,259
Total equity and liabilities		961,266	772,843

The financial statements were approved and authorised for issue by the Board of Directors on 23 March 2012 and signed on its behalf by:

The notes form an integral part of these financial statements.