Consolidated statement of changes in shareholders' equity
For the year ended December 31, 2024
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, 2023 |
9,076 |
29,272 |
2,659,053 |
657,981 |
38,559 |
-6,533 |
17,544 |
43,338 |
36 |
- |
3,448,326 |
Exchange differences on associates |
- |
- |
- |
- |
- |
- |
-9,452 |
- |
- |
- |
-9,452 |
Fair value reserve of equity instruments at FVOCI |
- |
- |
- |
- |
16,341 |
- |
- |
- |
- |
- |
16,341 |
Actuarial gains/(losses) on defined benefit plans |
- |
- |
- |
- |
- |
-4,227 |
- |
- |
- |
- |
-4,227 |
Income tax effect other comprehensive income |
- |
- |
- |
- |
-4,216 |
1,090 |
- |
- |
- |
- |
-3,126 |
Total other comprehensive income, net of tax |
- |
- |
- |
- |
12,125 |
-3,137 |
-9,452 |
- |
- |
- |
-464 |
Net profit/(loss)1 |
- |
- |
62,770 |
- |
- |
- |
- |
36 |
2,116 |
- |
64,922 |
Transfer reserves |
- |
- |
- |
- |
14,524 |
- |
- |
-14,524 |
- |
- |
- |
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Balance at December 31, 2023 |
9,076 |
29,272 |
2,721,823 |
657,981 |
65,208 |
-9,670 |
8,092 |
28,850 |
2,152 |
- |
3,512,784 |
Exchange differences on associates |
- |
- |
- |
- |
- |
- |
22,938 |
- |
- |
- |
22,938 |
Fair value reserve of equity instruments at FVOCI |
- |
- |
- |
- |
34,093 |
- |
- |
- |
- |
- |
34,093 |
Actuarial gains/(losses) on defined benefit plans |
- |
- |
- |
- |
- |
7,129 |
- |
- |
- |
- |
7,129 |
Income tax effect other comprehensive income |
- |
- |
- |
- |
-12,543 |
-1,839 |
- |
- |
- |
- |
-14,382 |
Total other comprehensive income, net of tax |
- |
- |
- |
- |
21,550 |
5,290 |
22,938 |
- |
- |
- |
49,778 |
Changes in Non Controlling Interests |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Changes due to FOM |
- |
- |
- |
- |
- |
- |
- |
-1,963 |
- |
- |
-1,963 |
Net profit /(loss)1 |
- |
- |
286,642 |
- |
- |
- |
- |
- |
10,591 |
- |
297,234 |
Dividend declared |
- |
- |
- |
- |
- |
- |
- |
- |
-2,152 |
- |
-2,152 |
Balance at December 31, 2024 |
9,076 |
29,272 |
3,008,465 |
657,981 |
86,758 |
-4,380 |
31,030 |
26,887 |
10,591 |
- |
3,855,680 |
Changes due to FOM relate to the unwinding of FOM which was liquidated in 2024. Refer to Note 20.