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6COMPANY FINANCIALSTATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
Shareholders’ equity and retained earnings
Note7
Reserves and
Additional Net income Untaxedretained
(inmillions of euros) Share capital Totalpaid-in capital earnings forthe year provisions
December31, 2011 before allocation 2,195 6,588 314 2,604 - 11,701of net income for the year
Change in share capital 26 196 - - - 222
Allocation of2011 net income - - 2,604 (2,604) - -
2011 dividend - - (919) - - (919)
Other changes during the period - - - - - -
2012 net income - - - 225 - 225
December31, 2012 before allocation 2,221 6,784 1,999 225 - 11,229of net income forthe year
Change in share capital 26 208 (4) - - 230
Allocation of2012 net income - - 225 (225) - -
2012 dividend - - (1,024) - - (1,024)
Other changes during the period - - - - - -
2013 net income - - - (132) - (132)
DECEMBER31, 2013 BEFORE
ALLOCATION OF NET INCOME 2,247 6,992 1,196 (132) - 10,303FORTHE YEAR
7.1 – Capital 7.2 – Additional paid-in capital
Share capital
Additional paid-in capital rose by EUR208million over the financial
year, including EUR122million from the worldwide Employee
Stock Purchase Plan and EUR86million from the exercise of
The company’s share capital at December31, 2013 amounted to stock options.
EUR2,247,832,092, consisting of 561,958,023 shares with a par
value of EUR4, all fully paid up.
7.3 – Retained earnings
Changes in share capital
Pursuant to the third resolution of the Annual and Extraordinary
During the financial year, 2,752,071 shares were issued as part of Shareholders’ Meeting of April25, 2013, EUR3million of the
the worldwide Employee Stock Purchase Plan amounting to the EUR225million in 2012 distributable earnings was allocated to the
EUR11million in share capital while 3,788,938 new shares were legal reserve. EUR1,024million was paid out in dividends.
issued on the exercise of stock options, increasing the share
capital by EUR15million.
Own shares
The total number of own shares held at the reporting date stood
at 7,941,129, representing a net amount of EUR230million.
262 2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC