ANNUAL REPORT 2006 - Triplan AG

Consolidated Notes 49
The development of shareholders’ equity is set out in detail in the Statement of Changes in Shareholders’ Equity.
(8) Capital reserves
Capital reserves include the premium from capital increases, including the capital increase from the initial public
offering in 2001. The costs of the capital increase were recorded as a reduction in the capital reserves. To the
extent that this results in income tax relief, the costs are recorded net:
2006 2005
¤ 000 ¤ 000
On 1 Jan. 5,366 5,225
Premium minus capital procurement costs 956 141
On 31 Dec. 6,322 5,366
(9) Currency compensation account
The currency conversion compensation account results from the application of the modified reporting date
method in translating for consolidation purposes the financial statements of the foreign subsidiaries whose
functional currency is the national currency into the reporting currency.
2006 2005
¤ 000 ¤ 000
On 1 Jan. 79 –18
Change during the accounting period –183 97
On 31 Dec. –104 79
(10) Accumulated result
The accumulated result was as follows:
Loss carryover
¤ 000
–7,281
Period profit 2006 1,282
On 31 Dec. 2006 –5,999
(11) Minority interest
Minority interest of ¤ 41 thousand refers solely to TREVIS Ingenieure AG, Basel.
(12) Pension provisions
Company pension provisions were as follows:
2006 2005
¤ 000 ¤ 000
Pension provisions 408 412
Pension benefits are based on length of service and future estimated salary and pension trends. Part of the
pension commitments is financed through insurance policies.