17 Shareholders' equity (1 000 €) | |||||||
Group | Parent company | ||||||
2014 | 2013 | 2014 | 2013 | ||||
Restricted equity | |||||||
Share capital 1.1. | 370,013 | 370,013 | 370,013 | 370,013 | |||
Share capital 31.12. | 370,013 | 370,013 | 370,013 | 370,013 | |||
Statutory reserve 1.1. | 525,808 | 525,808 | 525,754 | 525,754 | |||
Statutory reserve 31.12. | 525,808 | 525,808 | 525,754 | 525,754 | |||
Restricted equity, total | 895,822 | 895,822 | 895,767 | 895,767 | |||
Non-restricted equity | |||||||
Retained earnings 1.1. | 593,412 | 528,786 | 270,468 | 260,515 | |||
Dividends paid | -30,000 | 0 | -30,000 | 0 | |||
Net of last year correction and depreciation difference | 0 | -746 | 0 | -746 | |||
Translation difference | 72 | 62 | 0 | 0 | |||
Retained earnings 31.12. | 563,484 | 528,102 | 240,469 | 259,769 | |||
Net profit of the year | 67,576 | 65,310 | 26,482 | 10,699 | |||
Non-restricted equity, total | 631,060 | 593,412 | 266,950 | 270,468 | |||
Shareholders' equity, total | 1,526,882 | 1,489,234 | 1,162,717 | 1,166,235 | |||
Calculation of distributable funds (1000 €) | |||||||
Parrent company | |||||||
2014 | 2013 | ||||||
Retained earnings | 240,469 | 259,769 | |||||
Net profit for the year | 26,482 | 10,699 | |||||
Total | 266,950 | 270,468 | |||||
18 Provisions (1 000 €) | |||||||
Group | Parent companyt | ||||||
2014 | 2013 | 2014 | 2013 | ||||
Statutory provisions | 7,943 | 8,540 | 1,305 | 1,037 | |||
Statutory provisions M€ 7.9 (M€ 8.5) include expected warranty costs on long-term construction projects M€ 0.9 (M€ 0.6), provisions for losses on orders/contracts M€ 5.7 (M€ 6.9), provisions for environmental obligations M€ 1.3 (M€ 1.0) and provisions for costs in connection with changes and reorganisations in the Group M€ 0.0 (M€ 0.0). | |||||||
Parent company statutory provisions include provisions for environmental obligations M€ 1.3 (M€ 1.0) and provisions for costs in connection with changes and reorganisations in the group M€ 0.0 (M€ 0.0). | |||||||
Group | Parent company | ||||||
2014 | 2013 | 2014 | 2013 | ||||
Effects of optional provisions and depreciation differences on the balance sheet | |||||||
Optional provisions | 0 | 0 | 0 | 0 | |||
Depreciation differences | 400,982 | 349,547 | 393,789 | 343,110 | |||
Total | 400,982 | 349,547 | 393,789 | 343,110 | |||
Transferred to equity | 320,768 | 279,667 | |||||
Deferred tax liability | 80,196 | 69,909 | |||||
Minority interest | 17 | -29 | |||||
Total | 400,982 | 349,547 | |||||
Deferred tax receivables and liabilities | |||||||
Deferred tax receivables | |||||||
From temporary difference | 2,761 | 2,253 | 67 | 67 | |||
Deferred tax liabilities | |||||||
From depreciation differences | 80,291 | 70,037 | 0 | 0 | |||
Effects of optional provisions and depreciation differences on the income statement | |||||||
Change in optional provisions | 0 | 0 | 0 | 0 | |||
Change in depreciation differences | 51,435 | 60,304 | 50,679 | 60,582 | |||
Total | 51,435 | 60,304 | 50,679 | 60,582 | |||
Change affecting net profit | 41,101 | 48,265 | |||||
Change affecting deferred tax | 10,287 | 12,061 | |||||
Change affecting minority interest | 46 | -21 | |||||
Total | 51,433 | 60,304 |