Development of Consolidated Shareholders' Equity
The change in the consolidated shareholders’ equity is as follows:
The revenue reserve includes CHF 56.9 million (previous year CHF 39.2 million) general statutory reserves (including the capital contribution reserves) held by MCH Group Ltd. and its subsidiaries, which may not be distributed at present. The share of non-distributable retained earnings has risen due to the capital increase. 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 25.8 million (previous year CHF 44.5 million).
The share capital is divided into 14,869,351 registered shares (previous year 6,006,575 registered shares) with a nominal value of CHF 10.00 per share.
The upper limit per shareholder on entry into the share register (previous year 5 %) was lifted at the Extraordinary General Meeting of 27.11.2020. This registration limit did 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 31.12.2020 is CHF 12.00 (previous year CHF 26.10).