Audited by PwC
Statement of shareholders' equity
| Attributable to shareholders in the company | |||||||||
| Common stock | Treasury stock | Currency translations | Available-for-sale financial assets | Cash flow hedges | Retained earnings | Minority interests | Total | ||
| DKK million | DKK million | DKK million | DKK million | DKK million | DKK million | DKK million | DKK million | ||
| Shareholders' equity at January 1, 2008 | 650 | (1,837) | (176) | 82 | 117 | 4,821 | 10 | 3,667 | |
| Currency translation of subsidiaries and minority interests | 47 | - | 47 | ||||||
| Fair value adjustment of derivatives | (14) | (15) | 18 | 1 | (10) | ||||
| Transferred to Financial income and Financial costs | (38) | (62) | (100) | ||||||
| Tax related to equity items | 4 | 5 | 9 | ||||||
| Items recognized directly in Shareholders' equity | - | - | 37 | (53) | (39) | - | 1 | (54) | |
| Net profit | 1,062 | - | 1,062 | ||||||
| Comprehensive income for the year | - | - | 37 | (53) | (39) | 1,062 | 1 | 1,008 | |
| Sale of treasury stock | 24 | 24 | |||||||
| Dividend | (309) | - | (309) | ||||||
| Stock-based payment | 40 | 40 | |||||||
| Other adjustments | 22 | 24 | - | 46 | |||||
| Other changes in Shareholders' equity | - | 46 | - | - | - | (245) | - | (199) | |
| Shareholders' equity at December 31, 2008 | 650 | (1,791) | (139) | 29 | 78 | 5,638 | 11 | 4,476 | |
| The proposed dividend of DKK 325 million for 2008 is included in Retained earnings. | |||||||||
| Reference is made to Note 18 concerning treasury stock and average number of shares. | |||||||||
| Attributable to shareholders in the company | |||||||||
| Common stock | Treasury stock | Currency translations | Available-for-sale financial assets | Cash flow hedges | Retained earnings | Minority interests | Total | ||
| DKK million | DKK million | DKK million | DKK million | DKK million | DKK million | DKK million | DKK million | ||
| Shareholders' equity at January 1, 2007 | 650 | (1,449) | (67) | 77 | 76 | 4,072 | 34 | 3,393 | |
| Currency translation of subsidiaries and minority interests | (135) | (1) | (136) | ||||||
| Fair value adjustment of derivatives | 32 | 40 | 26 | 98 | |||||
| Transferred to Financial income and Financial costs | (35) | 16 | (19) | ||||||
| Tax related to equity items | (6) | (1) | 29 | 22 | |||||
| Items recognized directly in Shareholders' equity | - | - | (109) | 5 | 41 | 29 | (1) | (35) | |
| Net profit | 1,048 | (6) | 1,042 | ||||||
| Comprehensive income for the year | - | - | (109) | 5 | 41 | 1,077 | (7) | 1,007 | |
| Purchase of treasury stock | (500) | (500) | |||||||
| Sale of treasury stock | 112 | 112 | |||||||
| Dividend | (278) | (1) | (279) | ||||||
| Stock-based payment | 20 | 20 | |||||||
| Other adjustments | (70) | (16) | (86) | ||||||
| Other changes in Shareholders' equity | - | (388) | - | - | - | (328) | (17) | (733) | |
| Shareholders' equity at December 31, 2007 | 650 | (1,837) | (176) | 82 | 117 | 4,821 | 10 | 3,667 | |
| The dividend of DKK 309 milllion for 2007 is included in Retained earnings. | |||||||||
| Reference is made to Note 18 concerning treasury stock and average number of shares. | |||||||||
