Annual Report 2008 Sustainable design & engineering - Grontmij
Annual Report 2008 Sustainable design & engineering - Grontmij
Annual Report 2008 Sustainable design & engineering - Grontmij
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Notes to the consolidated financial statements<br />
17. Total equity<br />
Changes in Equity were as follows:<br />
In thousands of euros<br />
Attributable to equity holders of <strong>Grontmij</strong><br />
Total Minority Total Share Share Translation Hedging Other Unapproequity<br />
interest capital premium reserve reserve reserves priated<br />
proft<br />
Balance as at<br />
1 January 2007 138,708 606 138,102 4,441 61,342 651 - 49,722 21,946<br />
2006 profit<br />
appropriation -13,323 - -13,323 - - - - 8,623 -21,946<br />
Net profit 2007 32,720 32 32,688 - - - - - 32,688<br />
Currency differences -1,481 - -1,481 - - 1,481 - - -<br />
Other movements 579 -70 649 - - - 647 2 -<br />
Balance as at<br />
31 December 2007 157,203 568 156,635 4,441 61,342 -830 647 58,347 32,688<br />
2007 profit<br />
appropriation -19,541 - -19,541 - - - - 13,147 -32,688<br />
Net profit <strong>2008</strong> 38,770 450 38,320 - - - - - 38,320<br />
Currency differences -5,573 - -5,573 - - -5,573 - - -<br />
Other movements 4,084 314 3,770 - - - -1,479 5,249 -<br />
Balance as at<br />
31 December <strong>2008</strong> 174,943 1,332 173,611 4,441 61,342 -6,403 -832 76,743 38,320<br />
Share capital<br />
On 10 May 2007, the <strong>Annual</strong> General Meeting of Shareholders of <strong>Grontmij</strong> decided to split the shares in the proportion of 1:4. The relating<br />
necessary amendment of the Articles of Association took place on 1 June 2007. As a consequence of this split, every share with a nominal<br />
value of € 1 was split in four shares with a nominal value of € 0.25.<br />
Issued and fully paid-up, in numbers<br />
<strong>2008</strong> 2007<br />
On issue at 1 January 17,764,920 4,441,230<br />
Adjustment following stock split - 13,323,690<br />
On issue at 31 December 17,764,920 17,764,920<br />
98<br />
GRONTMIJ | ANNUAL REPORT <strong>2008</strong>