ANNUAL REPORT 2011 - Kuehne + Nagel

Statement of Changes in Equity
CHF million Share Share Treasury Cumulative Actuarial Retained Total equity Non- Total
capital premium shares translation gains & earnings attributable controlling equity
adjustment losses to the interests
equity
holders
of parent
company
Balance as of January 1, 2010 120 684 –88 –345 –11 1,920 2,280 10 2,290
Earnings for the year – – – – – 601 601 4 605
Other comprehensive income
Foreign exchange differences
Actuarial gains/(losses) on
– – – –296 – – –296 – –296
defined benefit plans, net of tax
Total other comprehensive income,
– – – – –15 – –15 – –15
net of tax – – – –296 –15 – –311 – –311
Total comprehensive income for the year – – – –296 –15 601 290 4 294
Disposal of treasury shares – 21 37 – – – 58 – 58
Dividend paid 1 Expenses for employee share purchase
– – – – – –273 –273 –1 –274
and option plan – – – – – 10 10 – 10
Total transactions with owners – 21 37 – – –263 –205 –1 –206
Balance as of December 31, 2010 120 705 –51 –641 –26 2,258 2,365 13 2,378
Earnings for the year – – – – – 601 601 5 606
Other comprehensive income
Consolidated Financial Statements 2011 _ _ _ _ _ _ Statement of Changes in Equity
Foreign exchange differences
Actuarial gains/(losses) on
– – – –74 – – –74 –1 –75
defined benefit plans, net of tax
Total other comprehensive income,
– – – – –18 – –18 – –18
net of tax – – – –74 –18 – –92 –1 –93
Total comprehensive income for the year – – – –74 –18 601 509 4 513
Purchase of treasury shares – – –13 – – – –13 – –13
Disposal of treasury shares – 9 19 – – – 28 – 28
Dividend paid 1 – – – – – –328 –328 –1 –329
Distribution from capital contribution reserves
Expenses for employee share purchase
– –179 – – – – –179 – –179
and option plan
Total contributions by and
– – – – – 7 7 – 7
distributions to owners
Acquisition of subsidiaries
– –170 6 – – –321 –485 –1 –486
with non-controlling interests – – – – – 1 1 7 8
Transaction with non-controlling interests 2 – – – – – –8 –8 – –8
Total transactions with owners – –170 6 – – –328 –492 6 –486
Balance as of December 31, 2011 120 535 –45 –715 –44 2,531 2,382 23 2,405
1 CHF 2.75 per share (2010: CHF 2.30 per share).
2 The movement in retained earnings includes a put option for an acquisition of non-controlling interests in one of the Group's subsidiaries, see note 43.
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