Page 12 - Bahamas Waste inside pages

BAHAMAS WASTE LIMITED
STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY
(Expressed in Bahamian Dollars)
Number of Shares Issued
Balance at December 31, 2016 4,200,000 Total comprehensive income –
Transactions with shareholders
Purchase of treasury shares
(Note 10) –
Dividends (Note 14) – Balance at December 31, 2017 4,200,000
Adjustment on initial application
of IFRS 9 (Notes 2 and 17) –
Adjusted balance at
January 1, 2018 4,200,000
Total comprehensive income –
Transactions with shareholders:
Purchase of treasury shares –
(Note 10)
Dividends (Note 14) – Balance at December 31, 2018 4,200,000
Share Capital
42,000 –
–
– 42,000
42,000 –
– –
42,000
Contributed Surplus
2,752,113 –
–
– 2,752,113
2,752,113 –
– (37,174) – (37,174 ) – – (957,055) (957,055 )
2,752,113 (675,649) 8,369,131 10,487,595
$
$
$
Treasury Shares Reserve
(584,515) –
(53,960) –
(638,475)
Retained Earnings
7,801,919 1,141,049
– (920,024)
8,022,944
Total
$ 10,011,517 1,141,049
(53,960 ) (920,024 )
$ 10,178,582
(44,426 ) 10,134,156
$
(44,426) 7,978,518
(638,475)
– 1,347,668 1,347,668
See accompanying notes to financial statements.
BAHAMAS WASTE LIMITED ANNUAL REPORT 2018
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