| | | Bank loans | | (167,439) | | (134,744) | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | Deferred tax liabilities | | (15,726) | | (11,035) | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | Provisions | | (8,454) | | (12,484) | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | Obligations under finance leases | | (3,138) | | (1,441) | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | | | (194,757) | | (159,704) | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | | | | | | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | Total liabilities | | (280,845) | | (261,684) | | | |
+--+-----------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | | | | | | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | Net assets | | 564,091 | | 613,058 | | | |
+--+-----------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | | | | | | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | | | | | | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | | | | | | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | Capital and reserves | | | | | | | |
+--+-----------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | Share capital | | 11,390 | | 11,390 | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | Retained earnings | | 376,253 | | 419,080 | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | Capital reserves | | 31,760 | | 29,779 | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | Investment revaluation reserve | | - | | 2,341 | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | | Translation reserve | | 5,171 | | 16,217 | | | |
+--+--+--------------------------------------+----+-----------+-------+-----------+------+--+--+
| | Equity attributable to equity holders | 424,574 | | 478,807 | | | |
| | of the parent | | | | | | |
+--+-----------------------------------------+----------------+-------+-----------+------+--+--+
| | Minority interests | | 139,517 | | 134,251 | | | |
+--+------------------------+---------------------+-----------+-------+-----------+------+--+--+
| | | | | | | | | | |
+--+--+---------------------+---------------------+-----------+-------+-----------+------+--+--+
| | Total equity | | 564,091 | | 613,058 | | | |
+--+--+---------------------+----------------+----+-----------+-------+-----------+------+--+--+
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| Ocean Wilsons Holdings Limited |
| Consolidated Statement of Changes in Equity |
| as at 31 December 2008 |
+---------------------------------------------------------------------------------------------------------------+
| | | | | | | | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| | | | | | | Attributable | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| | | | | Investment | | to | | |
| | | | | | | equity | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| | Share | Retained | Capital | revaluation | Translation | holders | Minority | Total |
| | | | | | | of | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| | capital | earnings | reserves | reserve | reserve | the | interests | equity |
| | | | | | | parent | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| For | US$'000 | US$'000 | US$'000 | US$'000 | US$'000 | US$'000 | US$'000 | US$'000 |
| the | | | | | | | | |
| year | | | | | | | | |
| ended | | | | | | | | |
| 31 | | | | | | | | |
| December | | | | | | | | |
| 2008 | | | | | | | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| | | | | | | | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| Balance | 11,390 | 173,305 | 25,973 | 2,381 | 8,762 | 221,811 | 3,830 | 225,641 |
| at 1 | | | | | | | | |
| January | | | | | | | | |
| 2007 | | | | | | | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| Losses | - | - | - | (40) | - | (40) | - | (40) |
| on | | | | | | | | |
| available | | | | | | | | |
| for sale | | | | | | | | |
| investment | | | | | | | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| Currency | - | - | - | - | 7,455 | 7,455 | 655 | 8,110 |
| translation | | | | | | | | |
| adjustment | | | | | | | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| Profit | - | 258,065 | - | - | - | 258,065 | 19,622 | 277,687 |
| for | | | | | | | | |
| the | | | | | | | | |
| period | | | | | | | | |
+-------------+---------+----------+----------+-------------+-------------+--------------+-----------+----------+
| Total | - | 258,065 | - | (40) | 7,455 | 265,480 | 20,277 | 285,757 |
| income | | | | | | | | |
|