Year 2017

17. Equity


 

2017

2016

Share capital 1 Jan

70,000,000.00

70,000,000.00

Share capital 31 Dec

70,000,000.00

70,000,000.00

   

Fair value reserve 1 Jan

88,688.32

68,325.12

Profit or loss at fair value, other current investments

-796,098.43

20,363.20

Fair value reserve  31 Dec

-707,410.11

88,688.32

   

Restricted equity total

69,292,589.89

70,088,688.32

   

Unrestricted equity

  
   

Other reserves 1 Jan

142,703,761.93

142,703,761.93

Other reserves 31 Dec

142,703,761.93

142,703,761.93

   

Retained earnings 1 Jan

406,260,090.22

567,442,573.42

Dividend distribution

-60,000,000.00

-18,000,000.00

Retained earnings 31 Dec

346,260,090.22

549,442,573.42

   

Profit/loss for the financial year 31 Dec

-8,671,085.70

-143,182,483.20

   

Total unrestricted equity

480,292,766.45

548,963,852.15

   

Total equity

549,585,356.34

619,052,540.47

   

Calculation of distributable equity 31 Dec

  

Other reserves

142,703,761.93

142,703,761.93

Retained earnings

346,260,090.22

549,442,573.42

Profit/loss for the financial period

-8,671,085.70

-143,182,483.20

Total

480,292,766.45

548,963,852.15