Staatsolie Annual Report 2017
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Confidence in Our Own Abilities<br />
40<br />
<strong>Staatsolie</strong> Maatschappij Suriname N.V.<br />
Consolidated statement of changes in equity<br />
for the year ended December 31, <strong>2017</strong> and 2016<br />
(x Us$ 1,000) Notes Retained earnings Other capital reserves<br />
Appro-<br />
Common<br />
stock<br />
Retained<br />
earnings<br />
Translation<br />
adjustment<br />
GOw2<br />
Appropriated<br />
reserve<br />
for environmental<br />
risk<br />
priated<br />
reserve for<br />
committee<br />
of sports<br />
facilities<br />
Total equity<br />
Balance at January 1, 2016 12,104 1,118,088 - 8,000 3,360 1,141,552<br />
Loss for the year - (7,597) - - - (7,597)<br />
Other comprehensive loss - (8,074) (15,306) - - (23,380)<br />
Total comphrensive income/(loss) 2016 - (15,671) (15,306) - - (30,977)<br />
Dividend paid 3.5 - (7,228) - - - (7,228)<br />
Hyper Inflation GOw2 - 755 - - - 755<br />
Allocation/(withdrawal) - (500) - 500 (744) (744)<br />
Other reserves - (2,861) - - - (2,861)<br />
Balance at December 31, 2016 12,104 1,092,583 (15,306) 8,500 2,616 1,100,497<br />
Balance at January 1, <strong>2017</strong> 12,104 1,092,583 (15,306) 8,500 2,616 1,100,497<br />
Profit for the year - 61,151 - - - 61,151<br />
Other comprehensive income - 17,396 (920) - - 16,476<br />
Total comphrensive income/(loss) <strong>2017</strong> - 78,547 (920) - - 77,627<br />
Hyper Inflation GOw2 - 200 - - - 200<br />
Allocation/(withdrawal) - (500) - 500 (50) (50)<br />
Other allocation/(withdrawal) 5.1 - (8,611) - - - (8,611)<br />
Balance at December 31, <strong>2017</strong> 12,104 1,162,219 (16,226) 9,000 2,566 1,169,663
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