My first Publication ocbc_ar17_fullreport_english | Page 166

STATEMENT OF CHANGES IN EQUITY - BANK For the financial year ended 31 December 2017 In $’000 Balance at 1 January 2017 Share capital and other equity Capital reserves Fair value reserves Revenue reserves Total equity 15,605,961 105,678 7,628 12,562,210 28,281,477 – – – – – – – 3,908 3,908 2,092,323 (73,222) 2,019,101 2,092,323 (69,314) 2,023,009 Profit for the year Other comprehensive income Total comprehensive income for the year (1) Transfers Distributions for perpetual capital securities DSP reserve from dividends on unvested shares Ordinary and preference dividends Share-based staff costs capitalised Share buyback held in treasury Shares issued to non-executive directors Treasury shares transferred/sold Balance at 31 December 2017 21,691 – – – – (223,912) 549 231,201 15,635,490 (21,691) – – – 14,807 – – – 98,794 – – – – – – – – 11,536 – (19,000) 5,894 (1,551,230) – – – – 13,016,975 – (19,000) 5,894 (1,551,230) 14,807 (223,912) 549 231,201 28,762,795 Balance at 1 January 2016 15,059,510 94,749 37,728 11,545,456 26,737,443 – – – – – – – (30,100) (30,100) 2,287,305 12,488 2,299,793 2,287,305 (17,612) 2,269,693 4,091 – – – – – (117,245) 584,054 535 75,016 15,605,961 (4,091) – – – – 15,020 – – – – 105,678 – – – – – – – – – – 7,628 – 264,335 (19,052) 5,630 (949,898) – – (584,054) – – 12,562,210 – 264,335 (19,052) 5,630 (949,898) 15,020 (117,245) – 535 75,016 28,281,477 Profit for the year Other comprehensive income Total comprehensive income for the year (1) Transfers Arising from merger of subsidiaries Distributions for perpetual capital securities DSP reserve from dividends on unvested shares Ordinary and preference dividends Share-based staff costs capitalised Share buyback held in treasury Shares issued in-lieu of ordinary dividends Shares issued to non-executive directors Treasury shares transferred/sold Balance at 31 December 2016 (1) Refer to Statements of Comprehensive Income for detailed breakdown. An analysis of the movements in each component within ‘Share capital and other equity’, ‘Capital reserves’ and ‘Revenue reserves’ is presented in Notes 12 to 15. The accompanying notes, as well as the Capital Management and Risk Management sections, form an integral part of these financial statements. 164 OCBC ANNUAL REPORT 2017