consolidated annual report - Gruppo Banca Sella
consolidated annual report - Gruppo Banca Sella
consolidated annual report - Gruppo Banca Sella
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276 - GRUPPO BANCA SELLA<br />
STATEMENT OF CHANGES IN SHAREHOLDERS’<br />
EQUITY<br />
Years ended as at 31/12/2003 and 31/12/2004<br />
Subscribed Reserves Reserve for Profit for<br />
capital Legal Other general the year Total<br />
reserve reserves banking risk<br />
Balances as at 31/12/2002 20.000 6.139 201.026 54.823 14.360 296.348<br />
Allocation of net profit:<br />
- Various disbursements (140) (140)<br />
- Dividends distributed (2.377) (2.377)<br />
- Allocation to the legal reserve 139 (139) -<br />
- Allocation to reserves 11.404 (11.404) -<br />
- Provision to the reserve for general banking risks 300 (300) -<br />
- Changes in scope of consolidation and other changes 1.814 1.814<br />
- Exchange rate differences for the translation of<br />
foreign currency financial statements (1.280) (1.280)<br />
- Profit for year 2003 12.824 12.824<br />
Balances as at 31/12/2003 20.000 6.278 212.964 55.123 12.824 307.189<br />
Allocation of net profit:<br />
- Various disbursements (140) (140)<br />
- Dividends distributed (1.703) (1.703)<br />
- Allocation to the legal reserve 90 (90) -<br />
- Allocation to reserves 10.891 (10.891) -<br />
- Provision to the reserve for general banking risks -<br />
- Changes in scope of consolidation (69) (69)<br />
- Exchange rate differences for the translation of<br />
foreign currency financial statements 272 272<br />
- Profit for year 2004 26.770 26.770<br />
Balances as at 31/12/2004 20.000 6.368 224.058 55.123 26.770 332.319