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16. Equity

The change to equity is shown in the equity schedule.

The subscribed capital remains unchanged at EUR 10,600,000.00 and is composed of 10,600,000 non-par bearer shares, each with a notional nominal value of EUR 1.00. The shares are made out to the bearer.

The retained earnings are composed as follows:

  • Amount carried forward to January 1, 2005 TEUR 64,210
  • Distribution for 2004 in 2005 TEUR 42,400
  • Consol. annual financial statements 2005 TEUR 43,477
  • Retained earnings to December 31, 2005 TEUR 65,287

The Group capital reserve is unchanged at TEUR 60,441.