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