GENERAL MEETING DRAFT - Bankier.pl

The table below shows the breakdown of Group equity and changes versus previous year
Group Capital: breakdown (� million)
12.31.2009 12.31.2008 Amount %
1. Share capital 8,390 6,684 1,706 25.5%
2. Share premium reserve 36,582 34,070 2,512 7.4%
3. Reserves 14,271 11,979 2,292 19.1%
4. Treasury shares (6) (6) - -
5. Revaluation reserve (1,250) (1,740) 490 -28.2%
6. Equity instruments - - - -
7. Net profits (loss) 1,702 4,012 (2,310) -57.6%
Total 59,689 54,999 4,690 8.5%
The �4,690m increase in Group equity is the result of:
2009 CONSOLIDATED REPORTS AND ACCOUNTS
Amounts as at Changes
� A �1,706m increase in share capital due to:�
� The capital increase (scrip issue) resolved by the
Shareholders’ meeting on November 14, 2008, which was fully
underwritten �486m
� The capital increase (bonus issue) resolved by the
extraordinary Shareholders’ meeting on April 29, 2009 by
using the ad-hoc reserve created when the allocation of profit
was approved �1,220m
� An increase in share premiums attributable to the scrip issue resolved
by the Shareholders’ meeting on November 14, 2008, which was fully
underwritten; �2,512m
� An increase in reserves due to:
� The allocation to the reserve fund of the 2008 profit (�4,012m),
net of the dividends paid in respect of savings shares (-�7m) �4,005m
� The use of the reserve for capitalized costs following the
capital increase resolved by the Shareholders’ meeting on
November 4, 2008. (�198m)
� � The use of the reserve created when the allocation of profits
was approved, as resolved by the extraordinary shareholders’
meeting on April 29, 2009 (�1,220m)
� � The use of the reserve for costs related to stock option(�57m),
the use of the reserve for put options (�233m) and other
changes (�295m)
� An increase in the revaluation reserve due to:
�
� An increase in the value of financial assets available for sale:: �807m
� � An increase in financial risk hedging (�168m) and an increase
in valuation reserve of equity investment valued at equity
method (5m) �173m
�
� A reduction in exchange-rate differences (�490m)
� Profit for the year lower than in 2008 (�2,310m)
286