Chapters
Annual Report 2020

8. Shareholders’ Equity

The shareholders’ equity in the parent company financial statements equals the shareholders’ equity presented in the consolidated financial statements, except that legal reserves and undistributed result are presented separately.

in thousands of EUR

Share capital

Share premium

Treasury shares

Legal reserve

Retained earnings

Result for the year

Total

At 1 January 2020

5,089

59,405

- 16,235

- 121,759

1,072,169

178,483

1,177,152

Appropriation of the result

178,483

- 178,483

-

Result for 2020

- 66,893

- 66,893

Dividends paid

Purchase of treasury shares

Other direct equity movements

3,474

- 59,550

- 56,076

Share-based payments

2,957

1,892

- 256

4,593

Total movements

-

2,957

1,892

3,474

118,677

- 245,376

- 118,376

At 31 December 2020

5,089

62,362

- 14,343

- 118,285

1,190,846

- 66,893

1,058,776

For the share-based payment plan refer to note 25 to the consolidated financial statements. Refer to note 18 to the consolidated financial statements for details on the number of issued shares.

The legal reserve cannot be used for dividend distribution and consists of reserves of subsidiaries.