Page 18 - Proof no 3

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2018
Expressed in Bahamian dollars
Balance as at 1 January 2017
Total comprehensive income
Transactions with owners
Dividends – non-controlling interest
Dividends - ordinary shares Total transactions with owners
Balance as at 31 December 2017
Balance as at 1 January 2018
Total comprehensive income
Transactions with owners
Dividends – non-controlling interest
Dividends - ordinary shares Total transactions with owners
Balance as at 31 December 2018
Ordinary Shares $
2,850,000
2,850,000
2,850,000
2,850,000
–
– – –
–
– –
–
Contributed Surplus
$
32,121,141
32,121,141
32,121,141
32,121,141
–
– – –
–
– –
–
Retained Earnings $
(1,756,222)
4,607,382
(631,485) –
(631,485)
2,219,675
2,219,675
5,230,097
(625,000) (2,470,000)
(3,095,000)
4,354,772
Total Shareholders’ Equity
$
33,214,919
4,607,382
(631,485) –
(631,485)
37,190,816
37,190,816
5,230,097
(625,000) (2,470,000)
(3,095,000)
39,325,913
Non- Controlling Interests $
10,000,000
10,000,000
10,000,000
10,000,000
–
– – –
–
– –
–
Total Equity $
43,214,919
4,607,382
(631,485 ) –
(631,485 )
47,190,816
47,190,816
5,230,097
(625,000 ) (2,470,000 )
(3,095,000 )
49,325,913
18
The accompanying notes are an integral part of these consolidated financial statements.
Dividends per non-controlling interest: $0.625 (2017: $0.63) Dividends per ordinary share: $0.26 (2017: $Nil)