IFRS Groups · Track 3 · Tutorial 3 of 4
Read the statement of changes in equity
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The IFRS statement of changes in equity takes each part of the group’s equity from its balance at the start of the financial year to its balance now, line by line: profit, other comprehensive income, dividends, shares issued and changes in ownership. It ties the statement of financial position to the year’s results and to the transactions with shareholders.
1Know how the statement is built
The statement has one column, Year to Date, and a block of rows for each component of equity. Every block runs the same way:
| Row | Read from |
|---|---|
| Opening Balance | The component at the end of the previous financial year. |
| Profit for the Year | The year’s profit: the owners’ share under Retained Earnings, the NCI’s share under Non-Controlling Interests. |
| Other Comprehensive Income | The reserve’s movement, as on the OCI statement. For Non-Controlling Interests, its share of the CTA and of the other reserves. |
| Dividends | Accounts classified on the CF tab as dividends paid — to owners of the parent under Retained Earnings, to non-controlling interests under Non-Controlling Interests. |
| Issue of Shares | Accounts classified on the CF tab as proceeds from the issue of share capital, under Share Capital. |
| Changes in Ownership | BrizoConsol’s own entries for buying and selling shares in subsidiaries, the journals starting NCI-AUTO-ACQ. |
| Other | Whatever moved the component that none of the rows above explains. It should be zero. |
| Closing Balance | The component at the end of the reporting month: the same date as the statement of financial position. |
A block appears only for the rows that apply to it: Share Premium has no Dividends row, a reserve has only Other Comprehensive Income. Under the components, two blocks add them up the same way: Equity Attributable to Owners of the Parent, and Total Equity, which adds Non-Controlling Interests.
2Read the components
- Select Your Group, and open Reports → All Reports → Consolidated Statement of Changes in Equity for 2026.
| Component | What usually moves it |
|---|---|
| Share Capital, Share Premium | Shares issued in the year, and BrizoConsol’s ownership entries. |
| Treasury Shares | The group’s own shares bought back or sold. There is no row of its own for it, so a movement shows in Other. |
| Retained Earnings | The owners’ share of the year’s profit, less dividends to the owners. |
| Translation, Revaluation, Hedging and FVOCI Reserve, Share of OCI of Associates | The year’s OCI on each — the same figures as the OCI statement. |
| Equity Transaction Reserve | The difference when the group buys or sells shares in a subsidiary it keeps control of. |
| Acquisition Accounting Adjustment | Listed for every group; shows a figure only if an account is classified on it. |
| Non-Controlling Interests | The NCI’s share of profit and OCI, dividends paid to it, and changes in the group’s holdings. The NCI Report shows the same movements for each subsidiary. |
Profit for the Year appears twice, once for the owners and once for the NCI. In the Total Equity block the two add back to Profit for the Year on the IFRS profit and loss.
3Clear anything in Other
A figure in a component’s Other row is a movement the statement has no line for. It is shown so the block still reaches its closing balance, not hidden in another row.
| Usual cause | Fix |
|---|---|
| A dividend booked straight to retained earnings, with no dividends account | Book dividends to their own account, and classify it on the CF tab as dividends paid to owners of the parent. |
| Shares issued to an account not classified as proceeds from the issue of share capital | Classify that account on the CF tab. |
| A transfer between reserves, or a correction posted to equity | Expected: it has no line of its own. Note it in the year-end pack. |
| Treasury shares bought back | Expected for Treasury Shares. |
4Tie it to the other statements
- Open Consolidated Statement of Financial Position at the same month.
- Open Consolidated Statement of Profit or Loss and Other Comprehensive Income for the same year.
- Open the statement of changes in equity for the year before.
Check
Total Equity - Closing Balance equals Total Equity on the statement of financial position, and Equity Attributable to Owners of the Parent - Closing Balance equals the line of the same name. Total Equity - Profit for the Year equals Profit for the Year, and Total Equity - Other Comprehensive Income equals Other Comprehensive Income, on the OCI statement. Each Opening Balance equals last year’s Closing Balance. Every Other row is zero, or explained.
5If something goes wrong
| A component is zero, but the account has a balance | The account isn’t on its equity line. Classify it on the Equity tab of the Accounting Standard page. |
| Dividends are in Other instead of Dividends | The dividend account isn’t classified on the CF tab. Classify it as dividends paid to owners of the parent, or to non-controlling interests. |
| Opening Balance is zero | Last year’s figures aren’t loaded for the group’s companies. |
| Opening Balance differs from last year’s Closing Balance | Last year’s figures changed after last year’s statement was produced, for example a reloaded month or a late journal. |
Want more detail? See the documentation