XML 28 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Subtotal
Share capital (Note 22)
Share premium (Note 22)
Cumulative translation adjustment
Equity-settled compensation
Cash flow hedge
Other reserves
Treasury shares
Revaluation surplus
Reserve from the sale of non-controlling interests in subsidiaries
Retained earnings
Non- controlling interest
Balance at beginning of period at Dec. 31, 2018 $ 1,108,145 $ 1,063,636 $ 183,573 $ 900,503 $ (478,096) $ 16,191 $ (56,884) $ 32,380 $ (8,741) $ 383,889 $ 41,574 $ 49,247 $ 44,509
Profit for the year 342 (772)                   (772) 1,114
Exchange differences on translating foreign operations (27,828) (26,461)     (14,278)         (12,183)     (1,367)
Cash flow hedge, net of tax [1] (19,420) (19,419)         (19,419)           (1)
Revaluation surplus [2] (31,929) (28,785)               (28,785)     (3,144)
Reserve of the revaluation surplus derived from the disposals of assets [3] 0                 (5,044)   5,044  
Other comprehensive income/ (loss) for the year (79,177) (74,665)     (14,278)   (19,419)     (46,012)   5,044 (4,512)
Total comprehensive income / (loss) for the year (78,835) (75,437)     (14,278)   (19,419)     (46,012)   4,272 (3,398)
Reserves for the benefit of government grants [4] 0             34,791       (34,791)  
Value of employee services 3,612 3,612       3,612              
Restricted shares, vested 721 721   4,455   (4,449)     715        
Restricted shares, forfeited 0             5 (5)        
Restricted shares, granted 0             (1,129) 1,129        
Purchase of own shares (Note 22) (4,263) (4,263)   (3,219)         (1,044)        
Dividends (497)                       (497)
Balance at end of period at Dec. 31, 2019 1,028,883 988,269 183,573 901,739 (492,374) 15,354 (76,303) 66,047 (7,946) 337,877 41,574 18,728 40,614
Profit for the year 1,070 412                   412 658
Exchange differences on translating foreign operations (78,961) (77,843)     (62,670)         (15,173)     (1,118)
Cash flow hedge, net of tax [5] (14,386) (14,386)         (14,386)            
Revaluation surplus [6] 29,453 28,464               28,464     989
Reserve of the revaluation surplus derived from the disposals of assets [7] 0                 (7,598)   7,598  
Other comprehensive income/ (loss) for the year (63,894) (63,765)     (62,670)   (14,386)     5,693   7,598 (129)
Total comprehensive income / (loss) for the year (62,824) (63,353)     (62,670)   (14,386)     5,693   8,010 529
Reserves for the benefit of government grants [8] 0             18,067       (18,067)  
Value of employee services 3,266 3,266       3,266              
Restricted shares, vested 1,224 1,224   4,182   (3,825)   383 484        
Restricted shares, forfeited 0             36 (36)        
Restricted shares, granted 0             (1,127) 1,127        
Purchase of own shares (Note 22) (4,365) (4,365)   (3,106)         (1,259) [7]        
Dividends (2,460)                       (2,460)
Balance at end of period at Dec. 31, 2020 963,724 925,041 183,573 902,815 (555,044) 14,795 (90,689) 83,406 (7,630) 343,570 41,574 8,671 38,683
Profit for the year 130,717 130,669                   130,669 48
Exchange differences on translating foreign operations 121,146 112,166     40,435         71,731     8,980
Cash flow hedge, net of tax [9] 29,758 29,757         29,757           1
Revaluation surplus [10] (136,622) (125,319)               (125,319)     (11,303)
Other comprehensive income/ (loss) for the year 14,282 16,604     40,435   29,757     (53,588)   0 (2,322)
Total comprehensive income / (loss) for the year 144,999 147,273     40,435   29,757     (53,588)   130,669 (2,274)
Reserves for the benefit of government grants [11] 0             23,605       (23,605)  
Value of employee services 5,420 5,420       5,420              
Restricted shares, vested 448 448   3,594   (4,142)   734 262        
Restricted shares, forfeited 0             27 (27)        
Restricted shares, granted 0             (1,600) 1,600        
Purchase of own shares (Note 22) (66,463) (66,463)   (55,349)         (11,114)        
Dividends (298)                       (298)
Balance at end of period at Dec. 31, 2021 $ 1,047,830 $ 1,011,719 $ 183,573 $ 851,060 $ (514,609) $ 16,073 $ (60,932) $ 106,172 $ (16,909) $ 289,982 $ 41,574 $ 115,735 $ 36,111
[1] Net of 6,752 of income tax.
[2] Net of 10,480 of Income tax.
[3] Net of 2,978 of Income tax
[4] Correspond to the presumed credit of ICMS (Imposto sobre Circulação de Mercadorias e Prestação de Serviços) over the sale values in our Sugar, ethanol and energy business. (please see Note 24).
[5] Net of 5,729 of Income tax
[6] Net of 11,790 of Income tax.
[7] Net of 3,458 of Income tax
[8] Correspond to the presumed credit of ICMS (Imposto sobre Circulação de Mercadorias e Prestação de Serviços) over the sale values in our Sugar, ethanol and energy business. (please see Note 24).
[9] Net of 2,526 of Income tax.
[10] Net of 9,953 of Income tax.
[11] Correspond to the presumed credit of ICMS (Imposto sobre Circulação de Mercadorias e Prestação de Serviços) over the sale values in our Sugar, ethanol and energy business. (please see Note 24).