ARA US Hospitality Trust - Annual Report 2021

184 STATEMENT OF CHANGES IN EQUITY Year ended 31 December 2021 ARA BUSINESS TRUST MANAGEMENT (USH) PTE. LTD. Share capital US$ Retained earnings US$ Total US$ At 1 January 2020 50,000 764,767 814,767 Total comprehensive income for the year Loss for the year – (52,241) (52,241) Total comprehensive income for the year – (52,241) (52,241) At 31 December 2020 50,000 712,526 762,526 At 1 January 2021 50,000 712,526 762,526 Total comprehensive income for the year Loss for the year – (76,207) (76,207) Total comprehensive income for the year – (76,207) (76,207) At 31 December 2021 50,000 636,319 686,319 The accompanying notes form an integral part of these financial statements.