Consolidated statement
of changes in equity

 Note Equity attributable to the equity holders of the Parent Non-controlling interests Total equity
Issued capital Reserve capital Revaluation reserve from valuation of hedging instruments Foreign exchange differences from translation of foreign entities Retained earnings/ (accumulated losses) Total
As at
1 January 2014
  8 762 747 9 037 699 (126 651) (1 631) (344 999) 17 327 165 466 334 17 793 499
Dividends 31.6

31.6. Non-controlling interest

Year ended
31 December 2015
Year ended
31 December 2014
At the beginning of the period 30 116 466 334
Dividends paid by subsidiaries (2 787) (1 163)
Share in actuarial gains/(losses) related to provisions for
post-employment benefits
60 (370)
Acquisition of non-controlling interests by the Group (407 596)
Mandatory squeeze-out (662) (32 567)
Share in subsidiaries’ net profit or loss 3 102 4 667
Change in non-controlling interests due to mergers 811
At the end of the period 29 829 30 116

 



 

As at the reporting date non-controlling interest were held in the Distribution segment companies only.
32

32. Dividends paid

Year ended
31 December 2015
Year ended
31 December 2014
Dividends paid in the period
Dividends paid throughout the year by subsidiaries (2 630) (1 233)
Final dividends paid by the Parent (262 882) (332 984)
Total dividends paid (265 512) (334 217)

 



 

Dividend per share paid out by the Parent for individual years was the following:

Year ended
31 December 2015
Year ended
31 December 2014
Dividend paid per share (PLN) 0.15 0.19

 

(332 984) (332 984) (1 163) (334 147)
Acquisition of non-controlling interests 31.6

31.6. Non-controlling interest

Year ended
31 December 2015
Year ended
31 December 2014
At the beginning of the period 30 116 466 334
Dividends paid by subsidiaries (2 787) (1 163)
Share in actuarial gains/(losses) related to provisions for
post-employment benefits
60 (370)
Acquisition of non-controlling interests by the Group (407 596)
Mandatory squeeze-out (662) (32 567)
Share in subsidiaries’ net profit or loss 3 102 4 667
Change in non-controlling interests due to mergers 811
At the end of the period 29 829 30 116

 



 

As at the reporting date non-controlling interest were held in the Distribution segment companies only.
76 938 76 938 (407 596) (330 658)
Other transactions with non-controlling shareholders 31.6

31.6. Non-controlling interest

Year ended
31 December 2015
Year ended
31 December 2014
At the beginning of the period 30 116 466 334
Dividends paid by subsidiaries (2 787) (1 163)
Share in actuarial gains/(losses) related to provisions for
post-employment benefits
60 (370)
Acquisition of non-controlling interests by the Group (407 596)
Mandatory squeeze-out (662) (32 567)
Share in subsidiaries’ net profit or loss 3 102 4 667
Change in non-controlling interests due to mergers 811
At the end of the period 29 829 30 116

 



 

As at the reporting date non-controlling interest were held in the Distribution segment companies only.
4 450 4 450 (31 756) (27 306)
Distribution of prior year profits 1 355 987 (1 355 987)
Transactions with shareholders 1 355 987 (1 607 583) (251 596) (440 515) (692 111)
Net profit 1 180 893 1 180 893 4 667 1 185 560
Other comprehensive income (16 368) 245 (273 891) (290 014) (370) (290 384)
Total comprehensive income (16 368) 245 907 002 890 879 4 297 895 176
As at
31 December 2014 
  8 762 747 10 393 686 (143 019) (1 386) (1 045 580) 17 966 448 30 116 17 996 564
Dividends 31.6

31.6. Non-controlling interest

Year ended
31 December 2015
Year ended
31 December 2014
At the beginning of the period 30 116 466 334
Dividends paid by subsidiaries (2 787) (1 163)
Share in actuarial gains/(losses) related to provisions for
post-employment benefits
60 (370)
Acquisition of non-controlling interests by the Group (407 596)
Mandatory squeeze-out (662) (32 567)
Share in subsidiaries’ net profit or loss 3 102 4 667
Change in non-controlling interests due to mergers 811
At the end of the period 29 829 30 116

 



 

As at the reporting date non-controlling interest were held in the Distribution segment companies only.
32

32. Dividends paid

Year ended
31 December 2015
Year ended
31 December 2014
Dividends paid in the period
Dividends paid throughout the year by subsidiaries (2 630) (1 233)
Final dividends paid by the Parent (262 882) (332 984)
Total dividends paid (265 512) (334 217)

 



 

Dividend per share paid out by the Parent for individual years was the following:

Year ended
31 December 2015
Year ended
31 December 2014
Dividend paid per share (PLN) 0.15 0.19

 

(262 882) (262 882) (2 787) (265 669)
Other transactions with non-controlling shareholders 31.6

31.6. Non-controlling interest

Year ended
31 December 2015
Year ended
31 December 2014
At the beginning of the period 30 116 466 334
Dividends paid by subsidiaries (2 787) (1 163)
Share in actuarial gains/(losses) related to provisions for
post-employment benefits
60 (370)
Acquisition of non-controlling interests by the Group (407 596)
Mandatory squeeze-out (662) (32 567)
Share in subsidiaries’ net profit or loss 3 102 4 667
Change in non-controlling interests due to mergers 811
At the end of the period 29 829 30 116

 



 

As at the reporting date non-controlling interest were held in the Distribution segment companies only.
63 63 (662) (599)
Distribution of prior year profits 31.3

31.3. Reserve capital

In the year ended 31 December 2015, the reserve capital was increased by PLN 883 561 thousand. Pursuant to a resolution of the Ordinary General Shareholders’ Meeting of 23 April 2015 on distribution of profit for 2014, the amount in question was allocated to reserve capital.

883 561 (883 561)
Transactions with shareholders 883 561 (1 146 380) (262 819) (3 449) (266 268)
Net profit (loss) (1 807 317) (1 807 317) 3 102 (1 804 215)
Other comprehensive income 69 605 595 51 816 122 016 60 122 076
Total comprehensive income 69 605 595 (1 755 501) (1 685 301) 3 162 (1 682 139)
As at
31 December 2015    
  8 762 747 11 277 247 (73 414) (791) (3 947 461) 16 018 328 29 829 16 048 157