APC 2015 Annual Report Download - page 262

2015 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC260
PARENT C OMPANY 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 Regulated provisions Total
December31, 2013 before allocation
of net income forthe year 2,248 6,992 1,196 (132) - 10,303
Change in share capital 91 1,137---1,228
Allocation of2013 net income - - (132) 132 - -
2013 dividend - (231) (838) - - (1,069)
Other changes during the period - - 2 - - 2
2014 net income - - - 341 - 341
December31, 2014 before allocation
of net income forthe year 2,339 7,898 228 341 - 10,806
Change in share capital 16 141 (4) - 153
Allocation of2014 net income - - 341 (341) - -
2014 dividend - (772) (326) - - (1,098)
2015 net income - - - (53) - (53)
DECEMBER31, 2015 BEFORE
ALLOCATION OF NET INCOME
FORTHE YEAR 2,355 7,267 239 (53) - 9,808
7.1 – Capital
Share capital
The company’s share capital at December31, 2015 amounted to
EUR2,354,937,888, consisting of 588,734,472shares with a par
value of EUR4, all fully paid up.
Changes in share capital
During the fi nancial year, the EUR16million increase in share capital,
is detailed as follows:
•EUR10 million share capital increase as part of the worldwide
Employee Stock Purchase Plan with an issuance of
2,413,939new shares;
•EUR6 million share capital increase for the exercise of
performance shares with an issuance of 1,629,391new shares.
Own shares
The total number of own shares held at the reporting date stood at
23,283,812, representing a net amount of EUR1,150million.
7.2 – Additional paid-in capital
Additional paid-in capital decrease by EUR631 million over the
fi nancial year, including EUR124 million from the worldwide
Employee Stock Purchase Plan, EUR17million from the exercise of
stock options and EUR772million deducted from paid-in capital for
the dividend payment.
7.3 – Retained earnings
Pursuant to the third resolution of the Ordinary and Extraordinary
Shareholders’ Meeting of April 21, 2015, EUR341 million 2014
profi t was allocated to retained earnings and EUR1,098 million
deducted from retained earnings for the payment of dividend in
2015, of which EUR722million were deducted from additional paid-
in capital and EUR326 from the retained earnings.