Consolidated statement of changes in shareholders’ equity

for the year ended 31 December 2017

Millions of US Dollars

Share capital Share premium Other equity Revaluation reserve Hedging reserve Translation reserve Retained earnings Attributable to ordinary shareholders of the parent Non-controlling interests Total
Balance at 1 January 2016 (as previously reported) 6,251 (8,145) 3,509 (33) (1,773) 2,072 1,881 180 2,061
Acquisition of a subsidiary under common control (see note 30) 40 40 40
Balance at 1 January 2016 (as adjusted) 6,251 (8,145) 3,509 (33) (1,773) 2,112 1,921 180 2,101
Net profit for the year 251 251 63 314
Other comprehensive income 459 (79) 279 659 (12) 647
Transfer to retained earnings (88) 86 (2) 2
Total comprehensive income for the year 371 (79) 279 337 908 53 961
Transactions with owners:
Capital reorganisation (see note 1) (6,251) 8,145 (1,990) (96) (96)
Dividends to non-controlling interests (9) (9)
Acquisition of non-controlling interests (64) (64) (80) (144)
Other non-current investments, net (3) (3) 23 20
Total transactions with owners (6,251) 8,145 (2,057) (163) (66) (229)
Balance at 31 December 2016 3,880 (112) (1,494) 392 2,666 167 2,833
Net profit for the year 627 627 30 657
Other comprehensive income 1,019 50 63 2 1,134 41 1,175
Transfer to retained earnings (125) 123 (2) 2
Total comprehensive income for the year 894 50 63 752 1,759 73 1,832
Transactions with owners:
Dividends to non-controlling interests (16) (16)
Acquisition of a non-controlling interest (see note 30) (16) (16) (24) (40)
Acquisition of a subsidiary under common control (see note 30) (120) (120) (120)
Total transactions with owners (136) (136) (40) (176)
Balance at 31 December 2017 4,774 (62) (1,431) 1,008 4,289 200 4,489

The comparative consolidated statement of changes in shareholders’ equity for the year ended 31 December 2016 has been restated for the effect of the acquisition under common control described in note 30.

The accompanying notes on pages are an integral part of these consolidated financial statements.