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T otal Equity 421,678,620 53,238,822 439,597 11,913,378 12,352,975 65,591,797 - (18,803,180) 1,023,860 (17,779,320) 469,491,097
Retained earnings 93,329,188 53,238,822 439,597 - 439,597 53,678,419 7,985,824 (18,803,180) - (26,789,004) 120,218,603
Fair value reserve 23,354,093 - - 11,913,378 11,913,378 11,913,378 - - - - 35,267,471
Capital Reserve 3,489,081 - - - - - - - - - 3,489,081
Share Scheme reserve 1,008,118 - - - - - - - 1,023,860 1,023,860 2,031,978
Statement of changes in equity
Other 1 regulatory reserves 53,001,072 - - - - - 7,985,824 - - 7,985,824 60,986,896
Regulatory risk reserve 35,058,266 - - - - - - - - - 35,058,266
Share premium 197,974,816 - - - - - - - - - 197,974,816
Share capital 14,463,986 - - - - - - - - - 14,463,986
In thousands of Naira Bank Balance at 1 January, 2017 T otal comprehensive income for the year: Profit for the year Other comprehensive income, net of tax Actuarial gain on remeasurement of retirement benefit Net changes in fair value of AFS financial instruments T otal other comprehensive income T otal comprehensive income Transactions with equity holders, recorded directly in equity: T ransfers for the year Dividend paid to equity hold
166 Access BAnk Plc 1
Annual Report & Accounts 2017
