Page 52 - Demo

50 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2021 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF CHANGES IN EQUITYFOR THE YEAR ENDED 31 DECEMBER 2021(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)Stated capitalTreasurysharesOther reserveRetainedearningsTotalequity$ $ $ $ $Year ended 31 December 2021Balance at 1 January 2021 27,288 (1,554) 415 219,832 245,981Profit for the year %u2013 %u2013 %u2013 4,202 4,202Other comprehensive (loss)/income %u2013 %u2013 (147) 11,876 11,729Dividends (Note 19) %u2013 %u2013 %u2013 (2,088) (2,088)Balance at 31 December 2021 27,288 (1,554) 268 233,822 259,824Year ended 31 December 2020Balance at 1 January 2020 27,288 (1,554) 270 226,504 252,508Profit for the year %u2013 %u2013 %u2013 4,693 4,693Other comprehensive income/(loss) %u2013 %u2013 145 (11,292) (11,147)Dividends (Note 19) %u2013 %u2013 %u2013 (73) (73)Balance at 31 December 2020 27,288 (1,554) 415 219,832 245,981The accompanying notes form an integral part of these consolidated financial statements.