APC 2002 Annual Report Download - page 17

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Five-Year Summary of Changes in Capital
Number of shares Total shares New capital
Issued or cancelled outstanding
Capital at Dec. 31, 1997 152,168,097 1,159,893,842 euros
Conversion of bonds 759,848
Conversion of Square D bonds 247,273
Exercise of stock options 241,900
Capital at Dec. 31, 1998 (1) 153,417,118 1,169,414,443 euros
Conversion of bonds 3,495,796
Conversion of Square D bonds 2,272,282
Exercise of stock options 704,300
Shares issued to the ESPP 1,534,082
Capital at Dec. 31, 1999* (2) 161,423,578 1,291,388,624 euros
Cancellation of shares (6,000,000)
Conversion of Square D bonds 152,275
Exercise of stock options 211,790
Capital at Dec. 31, 2000 (3) 155,787,643 1,246,301,144 euros
Shares issued in exchange for Legrand shares 84,241,055
Conversion of Square D bonds 3,026
Exercise of stock options 228,305
Capital at Dec. 31, 2001 (4) 240,260,029 1,922,080,232 euros
Conversion of Square D bonds 179,511
Exercise of stock options 373,365
Capital at Dec. 31, 2002 (5) 240,812,905 1,926,503,240 euros
* The Company’s capital stock was converted into euros on January 14, 2000. The FF 399.8 million difference arising on conversion was charged
against additional paid-in capital.
(1) 9.52 million increase in capital stock, 33.72 million increase in additional paid-in capital.
(2) 121.97 million increase in capital stock, 252.72 million increase in additional paid-in capital.
(3) 45.09 million decrease in capital stock, 284.87 million decrease in additional paid–in-capital.
(4) 675.80 million increase in capital stock, 4,358.7 million increase in additional paid–in-capital.
(5) 4.42 million increase in capital stock, 15.0 million increase in additional paid–in-capital.
General Presentation of Schneider Electric SA
16
Stock Purchase Plan, the May 5, 2000 cancellation of shares
and the tender in August 2001 of 98.1% of outstanding
Legrand shares to the public exchange offer initiated by
Schneider Electric SA.
Changes in capital stock
The following table shows changes in Schneider Electric SA’s
capital stock and additional paid-in capital over the past five
years, through the exercise of warrants and stock options, the
conversion of bonds, the issuance of shares to the Employee