Financial Report - Comptel

14. Shareholders’ equity
in eur 1,000 31.12.2006 31.12.2005
Share capital at 1 Jan 2006 2,141 2,141
Share capital at 31 Dec 2006 2,141 2,141
Share premium at 1 Jan 2006 7,368 7,368
Transfer between reserves -7,368 0
Share premium at 31 Dec 2006 0 7,368
Fund of invested non-restricted equity at 1 Jan 2006 0 0
Transfer between reserves 7,368 0
Fund of invested non-restricted equity at 31 Dec 2006 7,368 0
Retained earnings at 1 Jan 2006 30,011 32,285
Dividends paid -4,282 -8,564
Retained earnings at 31 Dec 2006 25,729 23,721
Profi t for the fi nancial year 3,766 6,290
Shareholders’ equity, total 39,004 39,520
Breakdown of distributable funds at 31 Dec
in eur 1,000 31.12.2006 31.12.2005
Retained earnings 25,729 23,721
Profi t for the fi nancial year 3,766 6,290
Total 29,495 30,011
15. Accumulated appropriations
in eur 1,000 31.12.2006 31.12.2005
Accumulated depreciation difference at 1 Jan 59 59
Accumulated depreciation difference at 31 Dec 59 59
16. Provisions
in eur 1,000 31.12.2006 31.12.2005
Provisions at 1 Jan 564 15
Provisions made during the fi nancial year 0 549
Provisions used during the fi nancial year -398 0
Provisions at 31 Dec 166 564
The provisions at the year-end 2005 resulted from the restructuring measures committed to in 2003 for
personnel expenses, lease expenses of the idle offi ce premises and personnel expenses concerning a fi xedprice
long-term project which was estimated to be onerous. In 2006, provisions amounting to 398 thousand
euro 6have been used and the remaining provision of 166 thousand euro relates to personnel expenses.
COMPTEL FINANCIAL STATEMENTS