Consolidated statement of changes in shareholders' equity

For the year ended December 31, 2025

Share capital

Share premium reserve

Contractual reserve

Development fund

Fair value reserve

Actuarial results on defined benefit plans

Translation reserve

Other reserves

Undistributed result

Total

Balance at January 1, 2024

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

Changes in the fair value 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 due to FOM1

-

-

-

-

-

-

-

-1,963

-

-1,963

Net profit /(loss)2

-

-

286,642

-

-

-

-

-

10,591

297,234

Dividend distributed

-

-

-

-

-

-

-

-

-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

Exchange differences on associates

-

-

-

-

-

-

-47,448

-

-

-47,448

Changes in the fair value of equity instruments at FVOCI

-

-

-

-

22,046

-

-

-

-

22,046

Actuarial gains/(losses) on defined benefit plans

-

-

-

-

-

-683

-

-

-

-683

Income tax effect other comprehensive income

-

-

-

-

-5,688

176

-

-

-

-5,512

Total other comprehensive income, net of tax

-

-

-

-

16,358

-507

-47,448

-

-

-31,597

Net profit /(loss)2

-

-

46,455

-

-

-

-

-

2,004

48,458

Dividend distributed

-

-

-

-

-

-

-

-

-10,591

-10,591

Balance at December 31, 2025

9,076

29,272

3,054,920

657,981

103,116

-4,887

-16,418

26,887

2,004

3,861,951

1 Changes due to FOM relate to the unwinding of FOM which was liquidated in 2024. Refer to Note 19.
2 Under the Agreement State-FMO 1 July 2023, part of the net profit is added to the contractual reserve at each financial year-end. The part allocated to the contractual reserve is not distributable.

Share this page: