Liverpoool Annual Report 2016

(Notes 1, 2, 3 and 23)
(Thousands of pesos; except dividends paid)

	Capital stock		Retained earnings		Capital reserves		Total stockholders’equity attributable to the owners of the controlling co.		Non controlling equity		Total stockholders’ equity

Balance at January 1, 2015	$	3,374,282	$	58,010,229	$	1,507,781	$	62,892,292	$	3,178	$	62,895,470

Comprehensive income
Net income		-		9,210,729		-		9,210,729		2,170		9,212,899
Actuarial loss onpost employment benefits- Net of income tax		-		93,460		-		93,460		(92)		93,368
Translation effect of investment in associates - net		-		-		612,150		612,150		-		612,150
Cash Flow hedges, Net of income tax		-		-		(19,482)		(19,482)		-		(19,482)

Total comprehensive income		-		9,304,189		592,668		9,896,857		2,078		9,898,935

Transaction with owners: Dividends paid at $0.82 pesos per share		-		(1,087,179)		-		(1,087,179)		-		(1,087,179)

Total transactions with stockholders		-		(1,087,179)		-		(1,087,179)		-		(1,087,179)

Balance at December 31, 2015		3,374,282		66,227,239		2,100,449		71,701,970		5,256		71,707,226

Comprehensive income
Net income		-		10,191,128		-		10,191,128		(1,523)		10,189,605
Actuarial loss on post-employment benefits- Net of income tax		-		(242,500)		-		(242,500)		12		(242,488)
Translation effect of investment in associates - net		-		-		730,400		730,400		-		730,400
Cash Flow hedges, Net of income tax		-		-		652,371		652,371		-		652,371

Total comprehensive income		-		9,948,628		1,382,771		11,331,399		(1,511)		11,329,888

Transaction with owners:
Dividends paid at $0.96 pesos per share		-		(1,288,508)		-		(1,288,508)		-		(1,288,508)

Total transactions with stockholders		-		(1,288,508)		-		(1,288,508)		-		(1,288,508)

Balance at December 31, 2016	$	3,374,282	$	74,887,359	$	3,483,220	$	81,744,861	$	3,745	$	81,748,606

The accompanying notes are an integral part of these consolidated financial statements.

Annual Report 2016