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7.5 Consolidated statement of changes in equity

(in thousands of euros)

  Issued share capital Share premium reserve Hedging reserve Translation reserve Other statutory reserve Othe reserver Result financial year Total equity
Balance as at 1 January 2014 244 44,442 -9,047 -12,735 1,530 196,529 19,020 239,983
 
Correction of error in pension asset           40   40
Revised balance as at 1 January 2014 244 44,442 -9,047 -12,735 1,530 196,569 19,020 240,023
                 
Movements in statutory reserve intangible assets         -359 359   0
Remeasurement of defined benefit obligations           5,111   5,111
Fair value adjustment of financial instruments     14,997         14,997
Movements in deferred taxes     -3,635     -1,051   -4,686
Exchange differences arising on translation of foreign operations       6,193       6,193
Other comprehensive income for the year 0 0 11,362 6,193 -359 4,419 0 21,615
Net profit for the year           19,020 7,480 26,500
Total comprehensive income for the year 0 0 11,362 6,193 -359 23,439 7,480 48,115
                 
Recognition of share-based payments           266   266
Cash dividend           -7,238   -7,238
Stock dividend 5 -5           0
Options exercised and performance shares   -53           -53
Other movements         250 -256   -6
Revised balance as at 31 December 2014 249 44,384 2,315 -6,542 1,421 212,780 26,500 281,107
  Issued share capital Share premium reserve Hedging reserve Translation reserve Other statutory reserve Othe reserver Result financial year Total equity
Balance as at 1 January 2015 249 44,384 2,315 -6,542 1,421 212,780 26,500 281,107
 
Movements in statutory reserve intangible assets         -80 80   0
Remeasurement of defined benefit obligations           -1,858   -1,858
Fair value adjustment of financial instruments     -1,616         -1,616
Movements in deferred taxes     380     622   1,002
Exchange differences arising on translation of foreign operations       4,069       4,069
Other comprehensive income for the year 0 0 -1,236 4,069 -80 -1,156 0 1,597
Net profit for the year           26,500 5,786 32,286
Total comprehensive income for the year 0 0 -1,236 4,069 -80 25,344 5,786 33,883
                 
Recognition of share-based payments           355   355
Cash dividend           -8,654   -8,654
Stock dividend 4 -4           0
Options exercised and performance shares   -116           -116
Other movements           -634   -634
Balance as at 31 December 2015 253 44,264 1,079 -2,473 1,341 229,191 32,286 305,941

7.5.1