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What is the statement of owner equity? Air Arabia PJSC and its subsidiaries Consolidated Financial Statements Consolidated statement of changes in equity For the year

What is the statement of owner equity?

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Air Arabia PJSC and its subsidiaries Consolidated Financial Statements Consolidated statement of changes in equity For the year ended December 31, 2019 Share capital AED'000 Statutory reserve AED'000 General reserve AED'000 Other reserves Cumulative Cash flow change in hedge FVOCI reserve AED 000 AED'000 4,530 Total (Accumulated attributable losses)/ to owners Non- retained of the controlling camings interests AED 000 AED'000 AED 000 (732,713) 4,513,331 72,267 Company Total AED'000 4,666,700 482,932 426,155 (334,273) 4,585,598 As at January 1, 2019 Adjustment on initial application of IFRS (Note 3) Adjusted balance as at January 1, 2019 482,932 4,666,700 (2.232) 4,583,366 426,155 4,530 (2.232) (734,945) 990,168 2.232) 4,511,099 (334,275) 72,267 Profit for the year 990,168 17,907 1,008,075 891 206,099 206,990 206,990 891 206,099 990,168 1,197,158 17.907 1,215,065 94,543 94,543 (189,086) Other comprehensive income for the year Total comprehensive income for the year Transfer to reserves Ownership changes in a subsidiary (Note 25) Deconsolidation of a subsidiary (Note 1) Absorption of accumulated losses through general reserve (Note 19) (150,359) (150,359) (86,641) (3,533) (237,000) (3,533) (426,155 426,155 As at December 31, 2019 4,666,700 577,475 94,543 5,421 (128,174) 341,933 5,557,898 5,557,898 The accompanying notes from 1 to 38 form an integral part of these consolidated financial statements. 12

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