Development of Consolidated Shareholders' Equity
The change in the consolidated shareholders’ equity is as follows:
|
CHF 1000 |
Share capital |
Own shares |
Capital reserves |
Retained earnings |
|
|
|
Minority interest |
Total |
|
|
|
|
|
Accumulated currency translation differences |
Hedging reserve |
Retained profits |
Total retained earnings |
|
|
|
As per 01.01.2016 |
60 066 |
– |
74 310 |
252 |
–106 |
273 158 |
273 304 |
206 |
407 886 |
|
|
|
|
|
|
|
|
|
|
|
|
Currency translation differences |
– |
– |
– |
186 |
|
– |
186 |
– |
186 |
|
Changes from cash flow hedges |
– |
– |
– |
– |
172 |
– |
172 |
– |
172 |
|
Goodwill |
– |
– |
– |
– |
– |
–843 |
–843 |
|
–843 |
|
|
– |
– |
– |
– |
– |
– |
– |
241 |
241 |
|
Dividend 2015 paid in 2016 |
– |
– |
– |
– |
– |
–3 003 |
–3 003 |
- |
–3 003 |
|
Group profit 2016 |
– |
– |
– |
– |
– |
34 327 |
34 327 |
9 |
34 336 |
|
As per 31.12.2016 |
60 066 |
0 |
74 310 |
438 |
66 |
303 639 |
304 143 |
456 |
438 975 |
|
|
|
|
|
|
|
|
|
|
|
|
Currency translation differences |
– |
– |
– |
–770 |
– |
– |
–770 |
23 |
–747 |
|
Changes from cash flow hedges |
– |
– |
– |
– |
190 |
– |
190 |
– |
190 |
|
Goodwill |
– |
– |
– |
– |
– |
–94 133 |
–94 133 |
|
–94 133 |
|
Minority interests in the capital of acquired companies and buyout of minority holdings |
– |
– |
– |
– |
– |
|
|
1 249 |
1 249 |
|
Transaction with shareholders |
– |
– |
– |
– |
– |
1 514 |
1 514 |
|
1 514 |
|
Dividend 2016 paid in 2017 |
– |
– |
– |
– |
– |
–3 003 |
–3 003 |
- |
–3 003 |
|
Group loss 2017 |
– |
– |
– |
– |
– |
–109 998 |
–109 998 |
–346 |
–110 344 |
|
As per 31.12.2017 |
60 066 |
0 |
74 310 |
–332 |
256 |
98 019 |
97 943 |
1 382 |
233 701 |
The revenue reserve includes CHF 39.5 million (previous year 39.5 million) general statutory reserves (including the capital contribution reserves) held by MCH Group Ltd. and its subsidiaries, which may not be distributed at present. In the notes to the Group Accounts, Note 16 shows the shareholders’ equity with theoretical capitalisation of the goodwill at its net book value of CHF 85.0 million (previous year CHF 4.1 million).
Share capital
The share capital is divided into 6,006,575 registered shares (previous year 6,006,575 registered shares) with a nominal value of CHF 10.00 per share. The upper limit on entries into the share register is 5% per shareholder. This registration limit does not apply to the Cantons of Basel-Stadt, Basel - Landschaft and Zurich or to the City of Zurich.
The taxable value per share as per 31 December 2017 is CHF 66.30 (previous year CHF 69.10).
