Consolidated statement of changes in shareholders' equity
For the year ended 31 December 2018
Share capital | Share premium reserve | Contrac-tual reserve | Develop-ment fund | Available for sale reserve | Fair value reserve | Actuarial result pensions | Trans-lation reserve | Other reserves | Undist-ributed profit | Non-controlling interests | Total | |
IAS 39 Balance at January 1, 2017 | 9,076 | 29,272 | 1,477,843 | 657,981 | 571,075 | - | -22,577 | 9,221 | 31,971 | 6,682 | 2,991 | 2,773,535 |
Exchange differences on translating associates and subsidiaries | - | - | - | - | - | - | - | -25,917 | - | - | - | -25,917 |
Available for sale financial assets | - | - | - | - | -174,394 | - | - | - | - | - | 1,150 | -173,244 |
Actuarial gains/ losses on defined benefit plans | - | - | - | - | - | - | 1,610 | - | - | - | - | 1,610 |
Income tax effect other comprehensive income | - | - | - | - | 4,006 | - | -402 | - | - | - | - | 3,604 |
Total other comprehensive income, net of tax | - | - | - | - | -170,388 | - | 1,208 | -25,917 | - | - | 1,150 | -193,947 |
Changes in subsidiary Equis DFI Feeder LP 2) | - | - | - | - | - | - | - | - | - | - | 1,812 | 1,812 |
Net profit | - | - | 248,561 | - | - | - | - | - | - | 5,556 | 1,118 | 255,235 |
Dividend declared | - | - | - | - | - | - | - | - | - | -6,682 | - | -6,682 |
IAS 39 Balance at December 31, 2017 | 9,076 | 29,272 | 1,726,404 | 657,981 | 400,687 | - | -21,369 | -16,696 | 31,971 | 5,556 | 7,071 | 2,829,953 |
Adjustments from adoption of IFRS 9 (net of tax) | - | - | 388,039 | - | -400,687 | 18,074 | - | - | 191 | 8,483 | - | 14,100 |
Restated balance at January 1, 2018 | 9,076 | 29,272 | 2,114,443 | 657,981 | - | 18,074 | -21,369 | -16,696 | 32,162 | 14,039 | 7,071 | 2,844,053 |
Exchange differences on translating associates and subsidiaries | - | - | - | - | - | - | - | 9,938 | - | - | - | 9,938 |
Fair value reserve of equity instruments at FVOCI | - | - | - | - | - | -245 | - | - | - | - | - | -245 |
Actuarial gains/losses on defined benefit plans | - | - | - | - | - | - | 1,923 | - | - | - | - | 1,923 |
Income tax effect other comprehensive income | - | - | - | - | - | -56 | -1,677 | - | - | - | - | -1,733 |
Total other comprehensive income, net of tax | - | - | - | - | - | -301 | 246 | 9,938 | - | - | - | 9,883 |
Changes in subsidiary Equis DFI Feeder LP 2) | - | - | - | - | - | - | - | - | - | - | -7,222 | -7,222 |
Net profit 1) | - | - | 147,251 | - | - | - | - | - | - | 3,570 | 312 | 151,133 |
Dividend declared | - | - | - | - | - | - | - | - | - | -14,039 | - | -14,039 |
Balance at December 31, 2018 | 9,076 | 29,272 | 2,261,694 | 657,981 | - | 17,773 | -21,123 | -6,758 | 32,162 | 3,570 | 161 | 2,983,808 |
- 1 Under the Agreement State-FMO of November 16, 1998, it is required to add this part of the net profit to the contractual reserve. Therefore this profit is not distributable.
- 2 Changes driven by movements in the underlying investment portfolio of Equis DFI Feeder such as subscription and sales.