2018 Annual Report
Summary Consolidated Financial Statements
LS Mutual Management

Summary Consolidated Statement of Changes in Equity

Year ended December 31, 2018 (in thousands of Canadian dollars)

2018

Members' equity
$
Non-controlling interests
$
Accumulated other comprehensive income
$
Total equity
$

Balance, beginning of year

70,922  14,194  (7,430) 77,686 
Net income 2,392  385  2,777 
Other comprehensive income (173) (968) (1,141)
2,392  212  (968) 1,636 
Change in non-controlling interests (18) (18)

Balance, end of year

73,314  14,388  (8,398) 79,304 

2017

Members' equity
$
Non-controlling interests
$
Accumulated other comprehensive income
$
Total equity
$

Balance, beginning of year

66,552  14,731  (6,827) 74,456 
Net income 4,370  593  4,963 
Other comprehensive income (108)  (603)  (711) 
4,370  485  (603)  4,252 
Change in non-controlling interests (1,022) (1,022)

Balance, end of year

70,922  14,194  (7,430) 77,686