APC 2003 Annual Report Download - page 68

Download and view the complete annual report

Please find page 68 of the 2003 APC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 145

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145

4. Consolidated Statement of Changes in Shareholders' Equity
Consolidated and Parent Company Financial Statements
66
(in millions of euros except for number of shares)
Number Capital Additional Retained Cumulative Shareholders' Minority
of shares paid-in
earnings
translation equity (excl.
interests
(thousands) capital adjustment minority
(1) (2)
interests)
At January 1, 2001 155,788.0 1,246.3 1,115.1 1,775.9 408.1
(3)
4,545.4 65.9
Exercise of stock options
(4)
228.0 1.8 5.1 6.9
Conversion of bonds
(4)
3.0 0.2 0.2
Legrand 84,241.0 673.9 4,353.6 5,027.5
Appropriation to legal reserve (6.4) 6.4 0.0
"Dividends (including
précompte equalization tax)" (297.0) (297.0) (18.2)
Increase in treasury stock (73.9) (73.9)
Translation adjustment 21.9 135.8 157.7 1.5
Change in scope of consolidation
and other 8.0 (8.0) 0.0 7.7
2001 net income (986.4) (986.4) 22.4
At December 31, 2001 240,260.0 1,922.1 5,475.6 438.9 543.9 8,380.5 79.3
Exercise of stock options
(4)
373.4 3.0 8.0 11.0
Conversion of bonds
(4)
179.5 1.4 7.0 8.4
Distribution:
- Charged against additional
paid-in capital
(5)
(595.4) 615.7 20.3
- Dividends paid (297.6) (297.6) (18.3)
Increase in treasury stock (290.6) (290.6)
Translation adjustment (456.2) (456.2) (9.7)
Change in scope of consolidation
and other (13.1) (13.1)
2002 net income 422.0 422.0 24.9
At December 31, 2002 240,812.9 1,926.5 4,895.2 875.3 87.7 7,784.7 76.2
Exercise of stock options
(4)
1,958.3 15.6 50.8 66.4
Cancellation of shares
(4)
(12,000.0) (96.0) (394.2) 490.2 0.0
Worldwide Employee Stock
Purchase Plan
(4)
1,071.0 8.6 26.8 35.4
Appropriation to legal reserve (192.7) 192.7 0.0
Dividends (including précompte
equalization tax) (95.1) (212.8) (307.9) (18.6)
Increase in treasury stock (110.8) (110.8)
Translation adjustment
(note 15.5)
(299.1) (299.1) (6.7)
Tax effect on cancellation of
treasury stock 54.3 54.3
Change in scope of consolidation
and other 2.9 2.9 2.5
2003 net income 432.8 432.8 21.5
At December 31, 2003 231,842.2 1,854.7 4,290.8 1,724.6 (211.4) 7,658.7 74.9
(1) Before elimination of treasury stock.
(2) Including
€
276,5 million in treasury stock/intra-group cross shareholdings cancelled at December 31, 2003.
(3) Of which
€
(57.5) million for translation adjustments at units in the euro zone.
(4) See Note 15 - Shareholders' equity.
(5) Including
€
7.8 million to refund the précompte equalization tax and
€
12.5 million to eliminate dividends on treasury stock.
The accompanying notes are an integral part of the consolidated financial statements.