Page 23 - 2021 ANNUAL REPORT draft
P. 23

Statement of Changes in Equity

                                   st
               For the year ended 31 December 2021
                                                                Credit
                                                      Share      risk    Statutory   Retained   Fair value    Total
                                                     capital      reserve      reserves     earnings     Reserve      equity
                   In thousands of Gambian Dalasi
                              st
                   Balance at 1 January 2021         300,000    46,810    338,018    225,412    21,453     931,693
                  Profit for the year                   -         -          -      332,705        -       332,705
                  Other comprehensive income, net of
                  tax                                   -         -          -         -           -          -
                  Foreign currency translation
                  difference                            -         -          -         -           -          -
                   Total comprehensive income           -         -          -      332,705        -       332,705

                  Transactions with equity holders,
                  recorded directly in equity:
                   Bonus shares issued during the
                  year                                  -         -          -         -             -        -
                   Transfers for the year               -        (4,787)    49,906    (45,119)     (21,453)    (21,453)
                   Acquisition/disposal of own shares     -       -          -         -           -          -
                   Dividend to equity holders           -         -          -      (177,049)      -      (177,049)
                  Total transactions with equity
                  holders                               -        (4,787)    49,906    (222,168)   (21,453)    (198,502)
                   Balance at 31 December 2021       300,000    42,023    387,924    335,949      0       1,065,896
                               st



















                             The accompanying notes are an integral part of these financial statements.
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