83
COSCO Corporation (Singapore) Limited
Annual Report 2015
CONSOLIDATED STATEMENT OF
CHANGES IN EQUITY
For the financial year ended 31 December 2015
Financial Statements
The accompanying notes form an integral part of these financial statements.
Attributable to equity
holders of the Company
Note
Share
capital
Statutory
and other
reserves
Retained
earnings Total
Non-
controlling
interests
Total
equity
$’000
$’000
$’000
$’000
$’000
$’000
2015
Beginning of financial year
270,608 284,328 812,819 1,367,755 861,750 2,229,505
Total comprehensive income for
the year
–
35,181 (569,958)
(534,777)
(326,788)
(861,565)
Dividend declared by subsidiaries
to non-controlling interests of
subsidiaries
–
–
–
–
(16,114)
(16,114)
Dividend for 2014
31
–
–
(11,196)
(11,196)
–
(11,196)
Transfer from retained earnings to
statutory reserves
30(b)(ii)
–
9,079
(9,079)
–
–
–
Changes in ownership interests
in subsidiaries - acquisition of
additional interests in subsidiaries 30(b)(vi)
–
250
–
250
(897)
(647)
End of financial year
270,608 328,838 222,586 822,032 517,951 1,339,983
2014
Beginning of financial year
270,608 245,139 820,027 1,335,774 839,307 2,175,081
Total comprehensive income for
the year
–
33,480
20,893
54,373
25,258
79,631
Non-controlling interests share of
increase in registered capital of a
subsidiary
–
–
–
–
10,679
10,679
Dissolution of a subsidiary
–
–
–
–
(2,001)
(2,001)
Dividend declared by subsidiaries
to non-controlling interests of
subsidiaries
–
–
–
–
(11,493)
(11,493)
Dividend for 2013
31
–
–
(22,392)
(22,392)
–
(22,392)
Transfer from asset revaluation
reserve to retained earnings
30(b)(iv)
–
(2,900)
2,900
–
–
–
Transfer from retained earnings to
statutory reserves
30(b)(ii)
–
8,609
(8,609)
–
–
–
End of financial year
270,608 284,328 812,819 1,367,755 861,750 2,229,505
