Page 41 - Ecobank Gambia Annual Report 2020

Financial Statements & Annual Report

Statement of changes in equity

for the year ended 31 December 2019 (in Thousands of Gambian Dalasis)

Note Attributable to equity holders of the company

Share Credit Risk Statutory Income Total
capital Reserve Reserve Surplus Equity

At 1 January 2019 4 56,329 13,593 210,007 2 18,681 8 98,610
- -
IFRS 9 day 1 adjustment - - - - -

Adjustments to opening retained earning 218,681 898,610
- 27,175
Restated Opening Balances 456,329 13,593 210,007 - -

Net change in available-for-sale investments, - - 27,175 2 88,804 2 88,804
2 88,804 2 88,804
net of tax - - - (114,521) (114,521)
(43,321)
Net profit - - - -
- -
Total comprehensive income - - - (174,351) (114,521)
1,072,895
Dividend relating to 2017 - - - 33,135

Transfer to statutory reserves - - 43,321

Transfer to Credit Risck Reserves - 16 , 5 0 9 -

Total changes in Regulatory Reserves - 16,509 43,321

At 31 December 2019 456,329 30,102 253,328 3

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