TlB Annual Report 2009 - Triodos Bank

39. REVALUATION RESERVE
The revaluation reserve relates to the unrealised value adjustments in respect of the acquisition price for
participating interests and property for own use. After the transfer of land and buildings to the subsidiaries
Kantoor Buitenzorg and Kantoor Nieuweroord, these value adjustments are included under the balance sheet
item Participating interests.
40. STATUTORY RESERVE
2009 2008
Development costs 10,073 9,182
Conversion differences -3,311 -3,276
Development costs
The movement in the statutory reserve for development costs is as follows:
6,762 5,906
2009 2008
Balance sheet value as at 1 January 9,182 7,748
Transfer of other reserve 891 1,434
Balance sheet value as at 31 December 10,073 9,182
Conversion differences
The movement in the statutory reserve for conversion differences is as follows:
2009 2008
Balance sheet value as at 1 January -3,276 -463
Exchange results on business operations abroad — -4,074
Exchange results on participating interests -35 228
Corporate income tax on exchange results — 1,033
Balance sheet value as at 31 December -3,311 -3,276
41. OTHER RESERVES
The movement in other reserves includes purchasing of own depository receipts. At year-end 2009, Triodos Bank
had purchased 6,197 own depository receipts (2008: 23,676).
TRIODOS BANK - ANNUAL REPORT 2009 145