Page 44 - JTC-Annual Report-2025-Eng

JTC Logistics Transportation & Stevedoring Company K.S.C.P
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the year ended December 31, 2025

(All amounts are in Kuwaiti Dinars)

Forein
currency
Share Statutory Revaluation Fair value transalation Retained Total
capital reserve surplus reserve reserve earnings equity

Balance as at December 31, 2023 15,000,000 7,457,914 8,885,191 77,886 (11,342) 20,587,884 51,997,533
Total comprehensive income (loss) for the year - - 302,218 1,689 (1,148) 6,639,255 6,942,014

Transfer to statutory reserve - 712,739 - - - (712,739) -
Cash dividends (Note 23) - - - - - (3,300,000) (3,300,000)

Balance as at December 31, 2024 15,000,000 8,170,653 9,187,409 79,575 (12,490) 23,214,400 55,639,547

Total comprehensive income (loss) for the year - - 601,410 (4,933) 4,504 7,452,667 8,053,648
Transfer from statutory reserve to retained
earnings (Note 14) - (670,653) - - - 670,653 -
Cash dividends (Note 23) - - - - - (3,900,000) (3,900,000)

Balance as at December 31, 2025 15,000,000 7,500,000 9,788,819 74,642 (7,986) 27,437,720 59,793,195

The accompanying notes from (1) to (28) form an integral part of the consolidated financial statements.

43 JTC LogisTiCs TransporTaTion & sTevedoring Company K.s.C.p.