+1 - Solvay

Statement of changes in equity
Equity attributable to equity holders of the parent
EUR Million
Share
capital
Issue
premiums
Retained
earnings
Treasury
shares
Currency
translation
differences
Fair value
differences
Total
Minority
interests
Total
equity
68
Balance at 31/12/2005 1 270 18 2 721 -131 -283 179 3 774 146 3 920
Net profit for the period 791 791 26 817
Income and expenses directly
-137 21 -116 26 -90
allocated to equity
Cost of stock options 4 4 4
Dividends -234 -234 -6 -240
Acquisitions / sale of own shares -7 -7 -7
Issue of share capital 1 1 1
Other 1 1 50 51
Balance at 31/12/2006 1 271 18 3 283 -138 -420 200 4 214 242 4 456
Net profit for the period 781 781 47 828
Income and expenses directly
-119 -248 -367 -39 -406
allocated to equity
Cost of stock options 6 6 6
Dividends -236 -236 -12 -248
Acquisitions / sale of own shares -95 -95 -95
Other -1 -1 -82 -83
Balance at 31/12/2007 1 271 18 3 834 -233 -539 -48 4 303 156 4 459
Own shares
The net variation in acquisitions/sale of own shares in 2007 amounts to EUR 95 million. In 2007, the company took
advantage of falling stock market prices to cover most of the share option plans offered to senior executives for
2006 and 2007.
Currency translation differences
The closing balance sheet exchange rate for the US dollar fell from 1.3170 at the end of 2006 to 1.4721
at the end of 2007. The weaker dollar is the essential reason for the negative currency translation differences
of EUR 119 million that were recognized directly in equity, taking the balance of this item from EUR 420 million
at the end of 2006 to EUR 539 million at the end of 2007.
Solvay Global Annual Report 2007