Share capital

Statutory

reserve

Contingency reserve

Additional

reserve

Equity component

in convertible

bonds

Cumulative

changes in

fair value

Retained

earnings

Total

Non-controlling

interest

Total

equity

AED’000

AED’000

AED’000

AED’000

AED’000

AED’000

AED’000

AED’000

AED’000

AED’000

Balance at 1 January 2008

1,250,000

372,941

201,669

26,233

4,157

114,338

328,978

2,298,316

-

2,298,316

Effect of restating appropriations (note 3)

-

-

-

-

-

-

8,500

8,500

-

8,500

1,250,000

372,941

201,669

26,233

4,157

114,338

337,478

2,306,816

-

2,306,816

Net profit for the year

-

-

-

-

-

-

410,016

410,016

10

410,026

Net movement in cumulative change in fair value

-

-

-

-

-

          (159,209)

-

(159,209)

-

(159,209)

Transferred to consolidated income statement on impairment of available for sale investments

-

-

-

-

-

98,400

-

98,400

-

98,400

Charity donations appropriated for 2007

-

-

-

-

-

-

(2,500)

(2,500)

-

(2,500)

Directors’ remuneration - 2007

-

-

-

-

-

-

(6,000)

(6,000)

-

(6,000)

Total comprehensive income for the year

-

-

-

-

-

   (60,809)

401,516

340,707

10

340,717

Issue of shares on conversion of bonds

487,472

974,944

-

4,157

(4,157)

-

-

1,462,416

-

1,462,416

Transfer to reserves

-

-

41,002

-

-

-

(41,002)

-

-

-

Dividends paid (note 21)

-

-

-

-

-

-

(312,500)

(312,500)

-

(312,500)

Acquisition of non-controlling interest in a subsidiary

-

-

-

-

-

-

-

-

45,440

45,440

487,472

974,944

41,002

4,157

(4,157)

-

(353,502)

1,149,916

45,440

1,195,356

Balance at 31 December 2008

1,737,472

1,347,885

242,671

30,390

-

53,529

385,492

3,797,439

45,450

3,842,889

Net profit for the year

-

-

-

-

-

-

467,969

467,969

7,528

475,497

Net movement in cumulative change in fair value

-

-

-

-

-

             44,884

-

       44,884

2,550

47,434

Charity donations appropriated for 2008

-

-

-

-

-

                     -           

(2,500)

       (2,500)

-

(2,500)

Directors’ remuneration - 2008

-

-

-

-

-

                     -           

(6,000)

        (6,000)

-

(6,000)

Total comprehensive income for the year

-

-

-

-

-

             44,884

          459,469

       504,353

           10,078

        514,431

Issue of bonus shares from statutory reserve

262,528

(262,528)

-

-

-

-

-

-

-

-

Transfer to reserves

-

-

46,797

-

-

-

(46,797)

-

-

-

Dividends paid (note 21)

-

-

-

-

-

-

(260,621)

(260,621)

-

(260,621)

262,528

(262,528)

46,797

-

-

-

(307,418)

(260,621)

-

(260,621)

Balance at 31 December 2009

2,000,000

1,085,357

289,468

30,390

-

98,413

537,543

4,041,171

55,528

4,096,699