Financial Report
Consolidated statement of changes in equity
For the year ended 31 December
|
Share capital SR |
Statutory reserve SR |
Other reserves SR |
Retained earning SR |
Treasury shares SR |
Total SR |
|
|
Balance as at 1 January 2021 |
1,200,000,000 | 120,179,550 | (6,851,269) | 610,236,024 | – | 1,923,564,305 |
|
Net profit for the year |
– | – | – | 832,918,609 | – | 832,918,609 |
|
Transfer to statutory reserve (note 25) |
– | 83,291,861 | – | (83,291,861) | – | – |
|
Remeasurement of end of service indemnities (note 23) |
– | – | 85,644,949 | – | – | 85,644,949 |
| – | – | 9,640,352 | – | – | 9,640,352 | |
|
Treasury Shares (note 24.3) |
– | – | – | – | (181,200,000) | (181,200,000) |
|
Dividends (note 24.2) |
– | – | – | (400,000,000) | – | (400,000,000) |
|
Balance as at 31 December 2021 |
1,200,000,000 | 203,471,411 | 88,434,032 | 959,862,772 | (181,200,000) | 2,270,568,215 |
|
Balance as at 1 January 2020 |
100,000,000 | 50,000,000 | 28,204,000 | 1,078,620,070 | – | 1,256,824,070 |
|
Net profit for the year |
– | – | – | 701,795,504 | – | 701,795,504 |
|
Transfer to statutory reserve (note 25) |
– | 70,179,550 | – | (70,179,550) | – | – |
|
Remeasurement of end of service indemnities (note 23) |
– | – | (35,271,285) | – | – | (35,271,285) |
| – | – | 216,016 | – | – | 216,016 | |
|
Increase in share capital |
1,100,000,000 | – | – | (1,100,000,000) | – | – |
|
Balance as at 31 December 2020 |
1,200,000,000 | 120,179,550 | (6,851,269) | 610,236,024 | – | 1,923,564,305 |
Chief Financial Officer
Chief Executive Officer
Authorized Board Member
The accompanying notes 1 to 35 form an integral part of these consolidated financial statements.
