Strategic Report Strategic Report Strategic Report Financial Additional Overview Strategy Performance Governance Statements Information Attributable to shareholders of the Group Reserves of Additional disposal Non- Share paid-in Treasury Other group held Retained controlling capital capital shares reserves for sale earnings Total interests Total equity 31 December 2017 1,151 106,086 (66) 122,082 10,934 2,180,415 2,420,602 311,768 2,732,370 Adoption of IFRS 9 (Note 3) – – – 3,267 – (18,237) (14,970) (2,724) (17,694) 1 January 2018 1,151 106,086 (66) 125,349 10,934 2,162,178 2,405,632 309,044 2,714,676 Profit for the year – – – – – 468,996 468,996 19,782 488,778 Other comprehensive loss for the year – – – (12,049) – (3,356) (15,405) 678 (14,727) Total comprehensive income for the year – – – (12,049) – 465,640 453,591 20,460 474,051 Transfer of property and equipment revaluation reserve, net of tax – – – (4,259) – 4,259 – – – Increase in equity arising from share-based payments – 99,406 37 – – – 99,443 1,014 100,457 Dividends to shareholders of the Group (Note 20) – – – – – (122,199) (122,199) – (122,199) Increase in share capital of subsidiaries – – – – – – – 1,876 1,876 Sale of investments in equity instruments designated at FVOCI GCAP shares – – – 2,525 – (2,525) – – – Dividends of subsidiaries to non-controlling shareholders – – – – – – – (539) (539) Acquisition of non-controlling interests in existing subsidiaries – – – (4,898) – – (4,898) (8,165) (13,063) Issue of share capital (Note 20) 4,375,378 – – – – – 4,375,378 – 4,375,378 Capital reduction (Note 20) (4,375,061) (196,438) – – – 196,293 (4,375,206) –(4,375,206) Distribution of Investment Business to shareholders of the Group (Note 20)* 322 575,914 – (76,153) (10,93 4)(1,425,742) (936,593) (315,786)(1,252,379) Buyback and cancelation of redeemable shares (172) – – – – (172) (344) – (344) Purchase of treasury shares – (104,413) (22) – – – (104,435) – (104,435) 31 December 2018 1,618 480,555 (51) 30,515 – 1,277,732 1,790,369 7,904 1,798,273 * Increase in additional paid in capital from distribution of Investment Business to shareholders of the Group includes Demerger costs in amount of GEL 23,170. The accompanying Notes on pages 177 to 283 are an integral part of these financial statements. Annual Report 2018Bank of Georgia Group PLC 171