GeoPark Ltd | CIK:0001464591 | 3

  • Filed: 4/12/2018
  • Entity registrant name: GeoPark Ltd (CIK: 0001464591)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1464591/000114420418020167/0001144204-18-020167-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1464591/000114420418020167/gprk-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001464591
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  • ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory

    2.23 Share capital
     
    Equity comprises the following:
     
    ⋅
    "Share capital" representing the nominal value of equity shares.
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    "Share premium" representing the excess over nominal value of the fair value of consideration received for equity shares, net of expenses of the share issuance.
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    "Other reserve" representing:
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    the equity element attributable to shares granted according to IFRS 2 but not issued at year end or,
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    the difference between the proceeds from the transaction with non-controlling interests received against the book value of the shares acquired in the Chilean and Colombian subsidiaries.
    ⋅
    "Translation reserve" representing the differences arising from translation of investments in overseas subsidiaries.
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    "(Accumulated losses) Retained earnings" representing accumulated earnings and losses.