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KD Holding Group
Notes to Consolidated Financial Statements as at and for the year ended 31 December 2007
2007 2006
Number Jan 1 Purchase Number Dec 31 Number Jan 1 Disposal Number Dec 31
Number of shares
KDHR 62,201 - 62,201 47,650 14,551 62,201
KDHP 51,306 - 51,306 48,573 2,733 51,306
Total: 113,507 - 113,507 96,223 17,284 113,507
15.3 Accumulated profit of KD Holding d.d.
consists of net profit for the current year, decreases
for increased other reserves in the amount of EUR
The parent company KD Holding d.d. earned
EUR 17,335,788 net profit for 2007. Profit for
6,000,000 and increases for retained earnings in
the amount of EUR 9,642,380.
appropriation is EUR 20,978,168 for 2007 and
16. Other reserves and retained earnings
(in EUR) 2007 2006
Consolidation adjustment (1,463,252) 221,490
Revaluation reserve of financial assets-available for sale 55,574,797 24,150,460
Revaluation of derivative financial instruments (33,272) -
Retained earnings 76,416,444 52,739,049
299
Total: 130,494,717 77,110,999
(in EUR)
Translation reserves-currency
Revaluation
reserve-AFS Hedging reserve differences
Retained
earnings
Balance at 1 January 2006 20,003,020 - 2,836 34,594,554 54,600,410
Revaluation – gross 16,398,655 - - - 16,398,655
Revaluation – tax (3,771,691) - - - (3,771,691)
Net gains transferred to net profit-gross (11,012,369) - - - (11,012,369)
Net gains transferred to net profit-gross
– tax (Note 21)
2,532,845 - - - 2,532,845
Currency translation differences:
- Group - - 161,677 - 161,677
- Associates - - 56,977 - 56,977
Profit of the year - - - 18,569,269 18,569,269
Dividends - - - (424,774) (424,774)
Minority interest - - - - -
Balance as at 31 December 2006 24,150,460 - 221,490 52,739,049 77,110,999
Total