Page 47 - ar2012

Attributable to owners of the Company
Note
No. ofshares
Sharecapital
Revenuereserve
Other
reserves,
total
Foreigncurrencytranslation
reserve
Mergerreserve
Capitalreserve
Totalequity
S$
S$
S$
S$
S$
S$
S$
Group2011 Balance at 1 January 2011
– 5,048,575*
8,260,899 30,001,021
1,021
– 30,000,000 43,310,495
Profit net of tax
–
– 19,465,019
–
–
–
– 19,465,019
Other comprehensive income
for the year
–
–
–
19
19
–
–
19
Total comprehensive income
for the year
–
– 19,465,019
19
19
–
– 19,465,038
Adjustment resulting from
restructuring exercise
–
(5,048,575)*
– (26,170,566)
– (26,170,566)
– (31,219,141)
Issuance of ordinary shares on
incorporation
21
100
100
–
–
–
–
–
100
Issuance of ordinary shares due
to restructuring
21 31,219,141 31,219,14
1
–
–
–
–
– 31,219,141
Transfer to capital reserves
22
–
–
(10,000,000) 10,000,000
–
– 10,000,000
–
Dividends
23
–
–
(8,000,000)
–
–
–
– (8,000,000)
Balance at 31 December 2011
31,219,241 31,219,241 9,7
25,918 13,830,474
1,040 (26,170,566) 40,000,000 54,775,633
* The share capital of the Company comprises the paid-in capital of Overseas Family Sch
ool Limited and Overseas Family School Limited (Hong Kong).
STATEMENTS OF CHANGES IN EQUITY
For the financial year ended 31 December 2012
The accompanying accounting policies and explanatory notes form an integral part of the consolidated financial statements.
4 Overseas Education Limited AR 2012
Investing In Education
W130220-Overseas Education Limited AR 2012 Financial p25-92.indd 45 26/3/13