12. Shareholders' equity

Notes to the Parent Company's Financial Statement

12. Shareholders' equity

€ 000

2016

2015

Share capital, 1 January 2,088 2,088
Share capital, 31 December 2,088 2,088
     

Premium fund, 1 January

7,899 7,899

Transfer to unrestricted shareholders’ equity reserve

-7,899 -

Premium fund, 31 December

0 7,899
     
Total restricted shareholders' equity 2,088 9,987
     
Unrestricted shareholders' equity reserve, 1 January 31,370 31,370
Transfer from premium fund 7,899 -
Demerger consideration -9,220 -

Unrestricted shareholders' equity reserve, 31 December

30,050 31,370
     
Retained earnings, 1 January 3,232 1,406
     
Dividends paid -1,659 -1,039

Own shares

-204 -388
Share-based payments -145 92
Retained earnings, 31 December 1,224 72
     
Net profit 2,298 2,772
 
   
Total unrestricted shareholders' equity 33,571 34,215
     

Total shareholders' equity

35,659 44,202
     

Distributable funds 31 December

€ 000

2016

2015

Unrestricted shareholders' equity reserve

30,050 31,370
Retained earnings 1,224 72
Net profit 2,298 2,772
Total 33,571 34,215