Consolidated statement of changes in shareholders' equity

For the year ended December 31, 2022

	Share capital	Share premium reserve	Contrac-tual reserve	Develop-ment fund	Fair value reserve	Actuarial result pensions	Trans-lation reserve	Other reserves	Undistributed result	Non-controlling interests	Total

Balance at January 1, 2021	9,076	29,272	2,180,172	657,981	26,200	-17,156	-17,727	32,162	-3,347	68	2,896,701
Exchange differences on associates	-	-	-	-	-	-	17,335	-	-	-	17,335
Fair value reserve of equity instruments at FVOCI	-	-	-	-	24,919	-	-	-	-	-	24,919
Actuarial gains/(losses) on defined benefit plans	-	-	-	-	-	12,857	-	-	-	-	12,857
Income tax effect other comprehensive income	-	-	-	-	-5,685	-3,134	-	-	-	-	-8,819
Total other comprehensive income, net of tax	-	-	-	-	19,234	9,723	17,335	-	-	-	46,292
Release from fair value reserve	-	-	-	-	-14,524	-	-	14,524	-	-	-
Net profit/(loss)¹	-	-	477,860	-	-	-	-	-3,348	16,178	-44	490,646
Dividends	-	-	-	-	-	-	-	-	-	-	-
Balance at December 31, 2021	9,076	29,272	2,658,032	657,981	30,910	-7,433	-392	43,338	12,831	24	3,433,639
Exchange differences on associates	-	-	-	-	-	-	17,936	-	-	-	17,936
Fair value reserve of equity instruments at FVOCI	-	-	-	-	10,308	-	-	-	-	-	10,308
Actuarial gains/(losses) on defined benefit plans	-	-	-	-	-	1,212	-	-	-	-	1,212
Income tax effect other comprehensive income	-	-	-	-	-2,659	-312	-	-	-	-	-2,971
Total other comprehensive income, net of tax	-	-	-	-	7,649	900	17,936	-	-	-	26,485
Release from fair value reserve	-	-	-	-	-	-	-	-	-	-	-
Net profit /(loss)¹	-	-	1,022	-	-	-	-	-	36	-24	1,035
Dividend declared	-	-	-	-	-	-	-	-	-12,831	-	-12,831
Balance at December 31, 2022	9,076	29,272	2,659,053	657,981	38,559	-6,533	17,544	43,338	36	-	3,448,326

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.