ANNUAL REPORT 2017
EXPLORE OUR PERSPECTIVES

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

(EUR thousand except for share data)NotesNumber of common shares outstandingCommon sharesCapital in excess of par valueTreasury shares at costRetained earningsOther reserves 1Total equity
Balance as of January 1, 201661,706,3872,552221,868(84,000)1,606,666190,7631,937,849
Net earnings135,471135,471
Other comprehensive income1138,72538,725
Total comprehensive income (loss)135,47138,725174,196
Dividend paid to common shareholders(42,673)(42,673)
Compensation expense share-based payments128,3878,387
Exercise stock options out of treasury shares720,572(2,591)27,836(10,536)14,709
Vesting restricted shares out of treasury shares1255,041(1,827)1,827
Purchase of common shares11(2,666,157)(97,140)(97,140)
Other movements in investments in associates:
Dilution62,8142,814
Balance as of December 31, 201659,815,8432,552225,837(151,477)1,691,742229,4881,998,142
Net earnings452,402452,402
Other comprehensive income11(175,734)(175,734)
Total comprehensive income (loss)452,402(175,734)276,668
Dividend paid to common shareholders(41,470)(41,470)
Compensation expense share-based payments127,8017,801
Exercise stock options out of treasury shares12626,939(10,612)23,90413,292
Vesting restricted shares out of treasury shares12118,317(4,501)4,501
Purchase of common shares11(4,420,946)(243,527)(243,527)
Cancellation of common shares out of treasury shares11(60)61,945(61,885)
Other movements in investments in associates:
Dilution6606606
Balance as of December 31, 201756,140,1532,492218,525(304,654)2,041,39553,7542,011,512
  1. Other reserves consist of the currency translation reserve, remeasurement on net defined benefit and the reserve for proportionate share in other comprehensive income investments in associates. See Note 11.