Note 24 - Asset Held for Sale

Consolidated

(Amounts in USD 1,000)

2016

2015

Purchase cost per January 1

3,459

-

Moved from Fixed asset

1,099

3,459

The year’s disposal at cost

-3,459

-

Purchase cost on December 31

1,099

3,459

Booked value for the vessel “Siem Supplier” was transferred from fixed assets to asset held for sale in December 2016.

Booked value for the vessel “Siem Carrier” was transferred from fixed assets to asset held for sale in December 2015.

Board Of Directors

Financial Statements

Notes