Untitled - David Kronemyer

lIOIE5 TO THE FIlIAIICIAl SIATEMENIS OF POLYGRA N.V.
All omounts ore expressed in millions of Netherlonds guilders unless otherwise sioted
A. PARTICIPATIONS
Porticipotions qre included in the bolonce sheets bosed on the net ossel volue in occordonce wilh the oforementioned
policies. Other receivobles due {rom porticipolions ond liobililies to porticipotions ore occounled for in ihe respeclive ossel
ond liobiliiy occounts.
A list of porticipotions, drown up in occordonce with the relevont legol requirements, is ovoiloble ot lhe Trode Regisler
office in Amersfoort,The Netherlonds.
Bolonce os of Jonuory l, 1989
Ghonges:
Equiiy in nel income
Dividends poid
Revoluotion
Goodwill
Trqnslotion differences
588
2AO
(601
l9
14671
(8rl
Bolonce os of December 31,1989 279
Shoreholders
Porlicipotions
Other
t5(,
100
r32
I
C.SHARE CAPITAI., ISSUED AND PAID
At Jonuory l, 1989, the shore copitol, issued ond poid, omounted to NLG 80 million ond consisted of 80 million shores wilh
o por vqlue of NLG 1.00.
On November l, 1989, o two-for-one slock splil occurred resuhing in 160 million shores, issued ond poid, with o por volue
of NLG 0.50.
On December 20, 1989, l0 million shores were issued ond sold for o totol considerotion of NLG 313 million. As o resull,
the shore copitol, issued ond poid, per December 31, 1989 omounls to NLG 85 million ond consisls of 170 million shores with
o por volue of NLG 0.50.
D. LEGAL RESERVC PARTICIPATIONS
Bolonce os of Jonuory l, 1989
Chonges in the locol price level
Chonges resuliing from undistributed income
Tronslotion differences
171
t9
(r 09)
(8t)
Bqlonce qs of De.ember 31,I989