Statement of changes in equity
Download table| € 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 |
| 1) Pursuant to IAS 39 | ||||||
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).