Page 29 - Agib Bank Ltd Annual Report and IFRS Financial statements 2020

Total equity 305,784 15,236 - - - (19,805) 301,215 42,856 - - 4,771 (10,918) (541) 338,383 28

Income surplus (106,259) 15,236 (1,223) (3,809) (19,805) (115,860) 42,856 (4,423) (10,714) (10,918) (99,059)

Fair value Reserve -
- (541) (541)

Properties Revaluation reserve 118,148 - 118,148 4,771 122,919

Statutory reserve 37,419 3,809 - 41,228 - 10,714 51,942

Statement of Changes in Equity
Credit risk reserve 12,975 1,223 - - 14,198 - 4,423 - 18,621 13

Share Premium 2,292 - - 2,292 - - 2,292

Share Capital 241,209 - - 241,209 - - 241,209

Annual Report and IFRS Financial Statements for the year ended 31 December 2020

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

As at 31st December 2020 (in thousands of Gambian Dalasi) Balance at 1 January 2019 Profit for the year Transfer to credit risk reserve Transfer to statutory reserve Revaluation Dividend Paid 2018 Balance at 31 December 2019 Profit for the year Transfer to credit risk reserve Transfer to statutory reserve Revaluation Dividend Paid in 2019 Fair Value reserve (FVOCI) Balance at 31 December 2020