Page 119 - Continental Reinsurance 2022 Annual Report
P. 119
Notes to the Consolidated and separate financial statement - continued 117
For the year ended 31 December 2022
29 The Non-Controlling interest in the three subsidiaries is hereby presented below:
Continental Continental Continental Total
Reinsurance Reinsurance Reinsurance =N='000
Limited, Limited, Limited,
Douala Kenya Botswana
=N='000 =N='000 =N='000
At 1 January 2022 3,149,938 3,572,127 1,944,827 8,666,892
Capital refund-preference shares - - - -
Profit for the period
Difference on foreign currency translation 365,817 701,489 147,940 1,215,246
Other comprehensive income; 218,875 120,639 19,460 358,974
Available for sale remeasurement -
Remeasurement of retirement benefits obligations - (420) - (420)
At 31 December (11,890) (16,986) (16,986) (45,862)
3,722,740 4,376,850 2,095,242
10,194,832
The Non-Controlling interest in the three subsidiaries is hereby presented below:
Continental Continental Continental Total
Reinsurance Reinsurance Reinsurance =N='000
Limited, Limited, Limited,
Douala Kenya Botswana
=N='000 =N='000 =N='000
At 1 January 2021 2,607,358 2,699,756 1,608,851 6,915,965
Capital injection-preference shares - - - -
Profit for the period
Difference on foreign currency translation 565,710 761,693 317,116 1,644,519
Other comprehensive income; (19,887) 115,455 23,493 119,061
Available for sale remeasurement -
Remeasurement of retirement benefits obligations - (144) - -144
At 31 December (3,243) (4,633) (4,633) (12,510)
3,149,938 3,572,127 1,944,827
8,666,893
