BIC - 2019 Universal Registration Document

FINANCIAL STATEMENTS

Consolidated financial statements

4. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Share- holders’

Actuarial differences recognized in equity

Cost of hedging through OCI

Accu- mulated profits

Additional paid in capital

Cash flow hedge derivatives

equity Group share

Non- controlling interests

Share- holders’ equity

Share capital

Translation reserve

Notes

(in thousand euros)

December 31, 2017

175,141 1,693,439

7,851 (99,387)

(85,697)

10,823

- 1,702,170

- 1,702,170

IFRS 9 adjustment “Impairment of financial assets”

-

(3,583)

-

-

-

-

-

(3,583)

-

(3,583)

Hyperinflation impact in Argentina at opening

-

3,239

-

-

-

-

-

3,239

-

3,239

At January 1, 2018 restated

175,141 1,693,095

7,851 (99,387)

(85,697)

10,823

- 1,701,826 - (157,762) - (54,025)

- 1,701,826 - (157,762) - (54,025)

Dividends paid

CF, 21

- (157,762)

- - - -

- - - - -

- - - - -

- - - - -

Decrease in share capital  (a) Increase in share capital 

(2,626)

(51,399)

261 4,096 493 (930)

- - -

4,357 (437) 8,404

- - -

4,357 (437) 8,404

Treasury shares

Recognition of share-based payments Hyperinflation impact in Argentina

CF, 23

-

-

8,404

- 

4,999

-

-

-

-

-

4,999

-

4,999

Other

-

(2)

-

-

(2)

(4)

-

(8)

-

(8)

Total transactions with Shareholders

(1,871) (200,998)

8,404

- -

(2)

(4)

- (194,472) - 173,350 - (42,578) - 130,772 - 1,638,126 - (12,850)

- (194,472) - 173,350 - (42,578) - 130,772 - 1,638,126 - (12,850)

Net income for the period Other comprehensive income Total comprehensive income

- 173,350

- - -

-

-

-

1,394

4,439 (33,244) 4,439 (33,244)

(15,166) (15,166) (4,347)

- 174,744

At December 31, 2018

173,269 1,666,841 16,255 (94,948) (118,943)

First application IFRIC 23 "Uncertainty over income tax treatments" impact (see Note 1) At January 1, 2019 restated

- (12,850)

-

-

-

-

173,269 1,653,991 16,255 (94,948) (118,943)

(4,347)

- 1,625,276 - (155,228) - (39,170)

- 1,625,276 - (155,228) - (39,170)

Dividends paid

CF, 21

- (155,228)

- - - -

- - - -

- - - -

- - - -

Decrease in share capital  (a) Increase in share capital 

(1,829)

(37,341)

-

-

- -

-

- -

-

Treasury shares

428 (1,283)

(855)

(855)

Recognition of share-based payments Hyperinflation impact in Argentina

CF, 23

-

-

(3,913)

- -

- -

- -

- -

(3,913)

-

(3,913)

 -

4,394

-

4,394

- 

4,394

Other

-

(677)

-

-

-

-

-

(677)

-

(677)

Total transactions with Shareholders

(1,400) (190,135)

(3,913)

- -

- -

- -

- (195,447) - 176,095

- (195,447) - 176,095

Net income for the period Other comprehensive income Total comprehensive income

- 176,095

- - -

-

2,244

(6,283) (6,283)

5,761

438 438

-

2,159

-

2,159

- 178,339

(5,761)

- 178,254 - 1,608,082

- 178,254 - 1,608,082

December 31, 2019

171,869 1,642,195 12,342 (101,231) (113,183)

(3,909)

478,667 shares have been cancelled during fiscal year 2019 (a) CF: see consolidated cash flow statement.

189

• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •