Page 97 - Continental Reinsurance 2022 Annual Report

Separate statement of changes in equity 95

For the year ended 31 December 2022

Attributable to the equity holders of the parent

Share Share Contingency Retained Available- Foreign
earnings for-sale currency
Company Notes capital premium reserve reserve translation

As at 1 January 2022 reserve
Capital injection during the year
Profit for the period =N='000 =N='000 =N='000 =N='000 =N='000 =N='000
Other comprehensive income;
Employment benefits obligations (net of tax) 6,258,602 8,204,371 7,508,549 5,543,725 341,340 27,856,587
Available for sale financial assets
-- - 3,801,906 -
Transfer of contingency reserve -- - 3,801,906

At 31 December 2022 (289,200) (289,200)

-- - (65,828) (65,828)
--
- 3,512,706 (65,828) 3,446,878

- - 1,243,740 (1,243,740) - -
- - 1,243,740 (1,243,740) - -

6,258,602 8,204,371 8,752,289 7,812,692 275,513 31,303,466

As at 1 January 2021 6,258,602 8,204,371 6,551,407 5,248,959 289,828 26,553,167

Capital injection during the year -- - 1,333,946 - -
Profit for the year -- 1,333,946
Other comprehensive income; - (82,037) 51,510
Employment benefits obligations (net of tax) -- - 51,510 -
Available for sale financial assets -- 1,251,909 (82,037)
957,142
Transfer of contingency reserve -- 957,142 (957,142) 51,510
-- (957,142) 1,303,419
At 31 December 2021 7,508,549
6,258,602 8,204,371 5,543,725 --
--

341,340 27,856,586

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