The Atlantic Refinery Corp. (ARC) is a public company headquartered in St. Johns, Newfoundland. On 31 December 20X5, the post-closing trial balance included the following accounts (in thousands of Canadian dollars):

	Debit	Credit
Investment in Mongolian subsidiary	$	72,900
Provision for future site restoration				$	34,100
Common shares					176,500
Translation differential from Mongolian subsidiary					12,400
Convertible bonds					87,800
Equity portion of convertible bonds					7,000
Contributed surpluspremium on common shares issued					35,700
Goodwill (from purchase of Mongolian subsidiary)		18,600
Investment in shares of upstream affiliate		37,200
Retained earnings					543,700
Trademarks		6,900

The following transactions and events occurred during 20X6:

1. Net income amounted to $54 million.
2. The value of trademarks was written off after ARC lost a patent protection lawsuit.
3. An additional $1.8 million of convertible bonds was transferred from the debt portion to the equity portion.
4. An accounting policy was changed due to a new IFRS taking effect in 20X6 the effect of retrospective restatement was to reduce prior years earnings by an aggregate amount of $44 million.
5. The future liability for site restoration was increased by $7 million.
6. Common shares with a stated value of $10 million were repurchased on the open market for $18 million and cancelled. The issue price of the shares amounted to $14 million, of which $4 million had been credited to contributed surplus.
7. A new class of preferred shares was issued to a major public sector pension plan for $88 million to finance future development.
8. Dividends totalling $26 million were issued during the year. Of that amount, $8 million were declared on 24 December 20X6, payable to shareholders of record on January 15, 20X7.
9. The translated amount of ARCs investment in Mongolian subsidiary declined by $3 million due to a rise in the value of the Canadian dollar.

Required: Prepare a statement of changes in equity for Atlantic Refinery Corp. for the year ended 31 December 20X6. (Enter answer in thousands, not in million or in whole Canadian dollars. Negative amounts should be indicated by a minus sign.)

	translation gain	contributed surplus	retained earnings	convertible bond equity	preferred shares	common shares	total
balance 31Dec 20X5
change in acting policy
adjusted opening balance
net income 20X6
dividends declared
change in convertibles
translation gain 20X6
preferred shares issued
common shares repurchased
balance 31dec 20X6