Share capital
23.868.000 22.950.000
The authorized capital amounts
to 100.000.000, consisting of
50.000.000 registered ordinary
shares and 50.000.000
preference shares.
An amount of 23.868.000 of
the ordinary share capital is
issued.
Reserves
Reserves in virtue of the
Articles of Association
14.948.000
14.948.000
Extra reserves
143.516.000
122.927.000
Share premium reserve
Reserve for revaluation of
38.147.000
39.065.000
participations
99.795.000
94.514.000
On January 1st the reserves
296.406.000
271.454.000
amounted to:
Add:
From the profit and due to
additions to the replacement
271.454.000
235.435.000
reserve of participations
31.184.000
36.019.000
Subtract:
Writing down goodwill paid on
302.638.000
271.454.000
acquisition of the participations
Payment of stock dividend from the
5.314.000
premium reserve
918.000
296.406.000
271.454.000
Provisions
924.000
1.420.000
The pension commitments are
incorporated. The provision
concerns the estimated amount
of the single premium due per
1 st January for adjustment of
pensions and the reserve
necessary for a few pensioners
who retired before 1953.