Page 48 - ar2012

Attributable to owners of the Company
Note
No. of
shares
Share
capital
Revenue
reserve
Total
equity
S$ S$ S$
Company
2012
Balance at 1 January 2012 31,219,241 31,219,241 (274,480) 30,944,761
Profit net of tax – – 20,497,646 20,497,646
Total comprehensive income for the year – – 20,497,646 20,497,646
Dividends 23 – – (8,000,000) (8,000,000)
Share split via subdivision of every 2 existing
ordinary shares into 17 ordinary shares 21 234,144,307 – – –
Balance at 31 December 2012 265,363,548 31,219,241 12,223,166 43,442,407
2011
Issuance of new ordinary shares
on incorporation on 28 October 2011 21 100 100 – 100
Loss net of tax – – (274,480) (274,480)
Total comprehensive loss for the year – – (274,480) (274,480)
Issuance of new ordinary shares due to
restructuring 21 31,219,141 31,219,141 – 31,219,141
Balance at 31 December 2011 31,219,241 31,219,241 (274,480) 30,944,761
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.
Overseas Education Limited AR 2012
Investing In Education 46
W130220-Overseas Education Limited AR 2012 Financial p25-92.indd 46 26/3/13