APC 2012 Annual Report Download - page 242

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2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC240
COMPANY FINANCIAL STATEMENTS
6NOTES TO THE FINANCIAL STATEMENTS
Note7
Shareholders’ equity and retained earnings
(in millions of euros)
Share
capital Additional
paid-in capital
Reserves
and retained
earnings Net income
forthe year Untaxed
provisions Total
December31, 2010 before
allocationof net income for the year 2,175 6,393 467 703 - 9,738
Change in share capital 20 195---215
Allocation of2009 net income - - 7 (7) - -
2009 dividend - - (160) (696) - (856)
Other changes during the period ------
2010 net income - - - 2,604 - 2,604
December31, 2011 before
allocation of net income for the year 2,195 6,588 314 2,604 - 11,701
Change in share capital 26 196---222
Allocation of2010 net income - - 1,685 (1685) - -
2010 dividend - - - (919) - (919)
Other changes during the period ------
2011 net income - - - 225 - 225
DECEMBER31, 2012 BEFORE
ALLOCATION OF NET INCOME
FORTHE YEAR 2,221 6,784 1,999 225 - 11,229
7.1 – Capital
Share capital
The Company’s share capital at December31, 2012 amounted to
EUR2,221,668,056, consisting of 555,417,014shares with a par
value of EUR4, all fully paid up.
Changes in share capital
During the fi nancial year, 3,521,812shares were issued as part of
the worldwide Employee Stock Purchase Plan amounting to the
EUR14million in share capital while 2,952,178 new shares were
issued on the exercise of stock options, increasing the share capital
by EUR12million.
Own shares
The total number of own shares held at the reporting date stood at
8,580,080, representing a net amount of EUR249million.
7.2 – Additional paid-in capital
Additional paid-in capital rose by EUR195million over the fi nancial
year, including EUR109million from the worldwide Employee Stock
Purchase Plan and EUR86million from the exercise of stock options.
7.3 – Retained earnings
Pursuant to the third resolution of the Annual and Extraordinary
Shareholders’ Meeting of May 3, 2012, EUR2 million of the
EUR2,604million in2011 distributable earnings was allocated to
the legal reserve. EUR919million was paid out in dividends and
EUR1,683million were allocated to retained earnings.