FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Consolidated Statements of Changes in Shareholders' Equity

($ in thousands) Share Capital Contributed Surplus Retained Earnings AOCI(1) Total
Balance at January 31, 2015 $ 167,460 $ 2,831 $ 140,527 $ 18,465 $ 329,283
Net earnings for the year 69,779 69,779
Other comprehensive income (Note 12) 4,583 11,953 16,536
Other comprehensive income of equity investee (15) (15)
Comprehensive income 74,347 11,953 86,300
Equity settled share-based payments 124 124
Dividends (Note 19) (58,210) (58,210)
Issuance of common shares (Note 15) 450 (335) 115
  450 (211) (58,210) (57,971)
Balance at January 31, 2016 $167,910 $ 2,620 $156,664 $ 30,418 $357,612
Balance at January 31, 2014 $ 166,069 $ 3,528 $ 145,762 $ 7,081 $ 322,440
Net earnings for the year 62,883 62,883
Other comprehensive income (Note 12) (11,968) 11,384 (584)
Other comprehensive income of equity investee 30 30
Comprehensive income 50,945 11,384 62,329
Equity settled share-based payments 373 373
Dividends (Note 19) (56,180) (56,180)
Issuance of common shares 1,391 (1,070) 321
  1,391 (697) (56,180) (55,486)
Balance at January 31, 2015 $ 167,460 $ 2,831 $ 140,527 $ 18,465 $ 329,283

ok at North West’s statement of changes in equity (which it calls “statement of changes in shareholders’ equity”). What were the balances in its share capital and retained earnings accounts at the end of 2016? At the end of 2015?

($ in thousands)   January 31, 2016   January 31, 2015
Share capital    
Retained earnings    


Do these amounts agree to the same balances reported in the shareholders’ equity section of the statement of financial position?

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