Development of Consolidated Shareholders' Equity
The change in the consolidated shareholders’ equity is as follows:
|
CHF 1000 |
Share capital |
Capital reserves |
Retained earnings |
|
|
|
Non-controlling interests |
Total |
|
|
|
|
Accumulated currency translation differences |
Hedging reserve |
Retained profits |
Total retained earnings |
|
|
|
As of 01.01.2017 |
60 066 |
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 from investment |
– |
– |
– |
– |
–94 133 |
–94 133 |
– |
–94 133 |
|
Non-controlling interests in the capital of acquired companies and buyout of non-controlling interests |
– |
– |
– |
– |
– |
– |
1 249 |
1 249 |
|
Transaction with shareholders |
– |
– |
– |
– |
1 514 |
1 514 |
– |
1 514 |
|
Dividends 2016 paid in 2017 |
– |
– |
– |
– |
–3 003 |
–3 003 |
– |
–3 003 |
|
Loss for the year 2017 |
– |
– |
– |
– |
–109 998 |
–109 998 |
–346 |
–110 344 |
|
As of 31.12.2017 |
60 066 |
74 310 |
–332 |
256 |
98 019 |
97 943 |
1 382 |
233 701 |
|
|
|
|
|
|
|
|
|
|
|
Currency translation differences |
– |
– |
289 |
– |
– |
289 |
–35 |
254 |
|
Changes from cash flow hedges |
– |
– |
– |
18 |
– |
18 |
– |
18 |
|
Goodwill from divestment |
– |
– |
– |
– |
13 846 |
13 846 |
– |
13 846 |
|
Change in consolidation scope |
– |
– |
– |
– |
–150 |
–150 |
– |
–150 |
|
Goodwill from investment |
– |
– |
– |
– |
–341 |
–341 |
– |
–341 |
|
Non-controlling interests in the capital of acquired companies and buyout of non-controlling interests |
– |
– |
– |
– |
– |
– |
–14 |
–14 |
|
Loss for the year 2018 |
– |
– |
– |
– |
–190 443 |
–190 443 |
10 |
–190 433 |
|
As of 31.12.2018 |
60 066 |
74 310 |
–43 |
274 |
–79 069 |
–78 838 |
1 343 |
56 881 |
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 64.2 million (previous year CHF 85.0 million).
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 of 31 December 2018 is CHF 19.95 (previous year CHF 66.30).
