Annual report pursuant to Section 13 and 15(d)

Note 19 - Other Comprehensive Income

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Note 19 - Other Comprehensive Income
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

19. OTHER COMPREHENSIVE INCOME

 

At December 31, 2023, the Company’s accumulated other comprehensive income was $2.9 million. All of the Company’s other comprehensive income arises from the currency translation of TransGlobe Energy Corporation to USD.

 

The components of accumulated other comprehensive income are as follows: 

   

Currency Translation Adjustments

 
   

(in thousands)

 

Balance at December 31, 2022

  $ 1,179  

Amounts reclassified from accumulated other comprehensive income (loss)

    1,701  

Balance at December 31, 2023

  $ 2,880