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SEPARATE STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31ST DECEMBER, 2016 Company Share capital Balance as at 1st January, 2015 Profit for the year Other comprehensive income for the year, net of income tax Total comprehensive income for the year Dividends paid Balance as at 31st December, 2015 Profit for the year Total comprehensive income for the year Dividends paid Transfer on amendment to the scheme Balance as at 31st December, 2016 Share 42,430 - Capital Retained premium contribution earnings ₦’million ₦’million ₦’million ₦’million 8,520 2,828 - - 584,780 213,171 Employee benefit reserve Total equity ₦’million ₦’million (16) 638,542 - 213,171 - - - 8,520 - - - - 8,520 - - - 42,430 - - - - 42,430 - - - 2,828 - - - - 2,828 - 213,171 (102,243) 695,708 368,205 368,205 (136,324) - 927,589 (991) (991) (1,007) - - (991) 212,180 - (102,243) 748,479 368,205 368,205 - (136,324) 1,007 - 1,007 981,367 148 Annual Report 2016

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