Page 72 - Annual Report 2023

3 BANKA KOMBËTARE TREGTARE
Consolidated statement of changes in equity for the year ended 2023
(Amounts in USD)

Fair value
Legal Translation reserve and Retained
Share capital Total
Reserve reserve impairment earnings
of FVOCI
Balance as at 31 December 300,000,000 52,315,511 (2,358,124) 44,542,840 161,467,079 555,967,306
2021
Transactions with owners
recorded directly in equity
Contributions by and
distributions to owners
Creation of legal reserves - 8,027,579 - - (8,027,579) -
Adjustment for translation of - (249,238) - - 249,238 -
legal reserve
Dividend payable - - - (50,000,000) (50,000,000)
Transfer of revaluation surplus - - - - 9,887,370 9,887,370
Appropriation of year 2021 - - - - (2,358,124) (2,358,124)
translation difference
Adjustment of retained earnings
with December 2022 year end - - - - (8,873,491) (8,873,491)
exchange rate
Total transactions with owners - 7,778,341 - - (59,122,586) (51,344,245)
recorded in equity

Comprehensive income for
the year
Net profit for the year - - - - 105,315,277 105,315,277

Other comprehensive
income, net of income tax
Net change in fair value reserve - - - (99,837,565) - (99,837,565)
Net change in impairment of - - - 27,200,912 - 27,200,912
FVOCI
Foreign currency translation - - 6,540,795 - - 6,540,795
differences
Total other comprehensive - - 6,540,795 (72,636,653) - (66,095,858)
income
Total comprehensive income for - - 6,540,795 (72,636,653) 105,315,277 39,219,419
the year
Balance as at 31 December 300,000,000 60,093,852 4,182,671 (28,093,813) 207,659,770 543,842,480
2022

The consolidated statement of changes in equity is to be read in conjunction with the notes to and forming part of
the consolidated financial statements set out on pages 6 to 76.