Consolidated statement of changes in equity for the year ended 31 December 2021
| (in thousands of US dollars) | Note | Attributable to the owners of the Company | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Share capital | Share premium | Capital contribution | Translation reserve | Transactions with non-controlling interest | Retained | Total | Non-controlling interest | Total | ||
| Balance at 31 December 2019 | | 57,317 | 923,511 | 101,300 | (748,814) | (209,122) | 254,778 | 378,970 | 17,114 | 396,084 |
| Total other comprehensive income/(loss) | | – | – | – | (81,872) | – | – | (81,872) | (2,820) | (84,692) |
| Profit/(loss) for the year | | – | – | – | – | – | 48,399 | 48,399 | 1,587 | 49,986 |
| Total comprehensive income/(loss) for the year ended 31 December 2020 | | – | – | – | (81,872) | – | 48,399 | (33,473) | (1,233) | (34,706) |
| Balance at 31 December 2020 | | 57,317 | 923,511 | 101,300 | (830,686) | (209,122) | 303,177 | 345,497 | 15,881 | 361,378 |
| Total other comprehensive income/(loss) | | – | – | – | (5,782) | – | – | (5,782) | (63) | (5,845) |
| Profit/(loss) for the year | | – | – | – | – | – | 140,401 | 140,401 | 3,457 | 143,858 |
| Total comprehensive income/(loss) for the year ended 31 December 2021 | | – | – | – | (5,782) | – | 140,401 | 134,619 | 3,394 | 138,013 |
| Balance at 31 December 2021 | | 57,317 | 923,511 | 101,300 | (836,468) | (209,122) | 443,578 | 480,116 | 19,275 | 499,391 |
The translation reserve comprises all foreign currency differences arising from the translation of the financial statements of foreign operations.
The notes are an integral part of these consolidated financial statements.