Page 65 - Annual Report 2022

3 Banka Kombëtare Tregtare Annual Report 2022

Banka Kombëtare Tregtare Sh.a.
Consolidated statement of changes in equity for the year ended 2022
(Amounts in USD)

Fair value
Share Legal Translation reserve and Retained
capital reserve reserve impairment earnings Total
of FVOCI
Balance as at 31 December 2020 300,000,000 34,860,433 5,486,005 68,828,993 134,083,453 543,258,884
Transactions with owners
recorded directly in equity
Contributions by and distributions
to owners
Creation of legal reserves - 19,982,220 - - (19,982,220) -
Adjustment for translation of legal - (2,527,142) - - 2,527,142 -
reserve

Dividend payable - - - (45,000,000) (45,000,000)
Appropriation of year 2020
translation difference - - - - 5,486,005 5,486,005
Adjustment of retained earnings
with December 2021 year end - - - - (8,740,197) (8,740,197)
exchange rate
Total transactions with owners
recorded in equity - 17,455,078 - - (65,709,270) (48,254,192)

Comprehensive income for the
year

Net profit for the year - - - - 93,092,896 93,092,896

Other comprehensive income,
net of income tax
Net change in fair value reserve - - - (23,938,631) - (23,938,631)

Net change in impairment of - - - (347,522) - (347,522)
FVOCI
Foreign currency translation - - (7,844,129) - - (7,844,129)
differences

Total other comprehensive income - - (7,844,129) (24,286,153) - (32,130,282)
Total comprehensive income for
the year - - (7,844,129) (24,286,153) 93,092,896 60,962,614

Balance as at 31 December 2021 300,000,000 52,315,511 (2,358,124) 44,542,840 161,467,079 555,967,306

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 89.