Statement of changes in equity

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€ thousand Subscribed
capital
Capital
reserve
Retained
earnings
Revaluation
reserves1) 
Group
result
Total
Equity as of 1.1.2013 141,221 223,296 103,618 55,519 62,137 585,791
Net profit from 1.1. to 31.12.2013 60,534 60,534
Change in actuarial gains/losses recognised in equity 708 708
Change in the revaluation reserves – 33,282 – 33,282
Comprehensive income 2013 708 – 33,282 60,534 27,960
Profit distributions – 62,137 – 62,137
Allocation to reserves/ transfer from reserves 9,695 – 9,695 0
 
Equity as of 31.12.2013/1.1.2014 141,221 223,296 114,020 22,237 50,839 551,613
Net profit from 1.1. to 31.12.2014 66,290 66,290
Change in actuarial gains/losses recognised in equity – 6,252 – 6,252
Change in the revaluation reserves 31,065 31,065
Comprehensive income 2014 – 6,252 31,065 66,290 91,103
Profit distributions – 50,839 – 50,839
Allocation to reserves/transfer from reserves 9,802 – 9,802 0
 
Equity as of 31.12.2014 141,221 223,296 117,571 53,302 56,488 591,878

In financial year 2014, dividend payments totalling €50,839 thousand (2013: €62,137 thousand) were distributed to shareholders of comdirect bank AG. This equates to a payment of €0.36 per share (2013: €0.44).

In financial year 2014, comdirect bank did not make use of either the existing authorisations of the annual general meeting to purchase own shares for the purpose of securities trading pursuant to Section 71 (1) No. 7 German Stock Corporation Act (AktG) or of the resolutions of the annual general meeting authorising the purchase of own shares pursuant to Section 71 (1) No. 8 German Stock Corporation Act (AktG) for purposes other than securities trading.

For details of the equity items, see note (53).