Page 96 - Continental Reinsurance 2022 Annual Report

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Attributable to the equity holders of the parent

Share Share Contingency Retained Available- Foreign Non
earnings for-sale currency controlling
Group Notes capital premium reserve reserve translation Total equity
interest
reserve

=N='000 =N='000 =N='000 =N='000 =N='000 =N='000 =N='000 =N='000

As at 1 January 2022 6,258,602 8,204,371 8,269,316 8,918,338 335,718 2,576,824 8,666,893 43,230,062

Profit/(loss) for the period -- - 5,619,752 - - 1,215,246 6,834,998
Exchange difference on foreign currency translation 588,801 358,974 947,775
Other comprehensive income; 32.2 -- -
Employment benefits obligations (net of tax) -- - (45,862)
Available for sale financial assets (378,778) (66,607) 588,801 (420) (424,640) Consolidated statement of changes in equity
-- (66,607) (67,027)
- 5,240,974 1,527,938 For the year ended 31 December 2022
7,291,106

Transfer of contingency reserve - - 1,028,370 (1,028,370) - - - -
- - 1,028,370 (1,028,370) - - - -

At 31 December 2022 6,258,602 8,204,371 9,297,686 13,130,941 269,112 3,165,625 10,194,832 50,521,169

As at 1 January 2021 6,258,602 8,204,371 7,274,065 6,304,153 284,473 2,245,274 6,915,968 37,486,906

Profit for the year -- - 3,804,307 - - 1,644,519 5,448,826
Exchange difference on foreign currency translation 331,550 119,061 450,611
Other comprehensive income; -- (194,871) 51,243 -
Employment benefits obligations (net of tax) -- -- 51,243 - (12,510)
Available for sale financial assets - 3,609,436 331,550 (144) (207,381)
51,099
1,750,926
5,743,155

Transactions with owners - - 995,251 (995,251) - - - -
Transfer of contingency reserve -- - - - -
Capital contribution - - 995,251 (995,251) - -

At 31 December 2021 6,258,602 8,204,371 8,269,316 8,918,338 335,718 2,576,824 8,666,893 43,230,062

See accompanying summary of significant accounting policies and notes to the consolidated financial statements which form an integral part of these financial statements.