LS Mutual Management
Summary Consolidated Statement of Changes in Equity
Year ended December 31, 2019 (in thousands of Canadian dollars)
2019 |
Members' equity $ |
Non-controlling interests $ |
Accumulated other comprehensive income $ |
Total equity $ |
Balance, beginning of year |
73,314 | 14,388 | (8,398) | 79,304 |
| Adjustment to retained earnings for a subsidiary | 159 | - | - | 159 |
Balance, beginning of year, restated |
73,473 | 14,388 | (8,398) | 79,463 |
| Net income | 3,913 | 670 | - | 4,583 |
| Other comprehensive income | - | 241 | 1,348 | 1,589 |
| 4,072 | 910 | 1,348 | 6,331 | |
| Change in non-controlling interests | - | 3,518 | - | 3,518 |
Balance, end of year |
77,386 | 18,817 | (7,050) | 89,153 |
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 |