Statement of changes in equity in accordance with INREV valuation principles
All amounts in € thousands
For 2015, before appropriation of result
| Issued capital | Share premium | Revaluation reserve | Retained earnings | Net result for the year | Total equity |
Balance according to IFRS at 1 January 2015 | 265,254 | 306,991 | 98,077 | (11,185) | 11,185 | 670,322 |
Changes according to INREV at 1 January 2015 | - | - | - | 3,355 | 1,163 | 4,518 |
Balance at 1 January 2015 | 265,254 | 306,991 | 98,077 | (7,830) | 12,348 | 674,840 |
| | | | | | |
Comprehensive income | | | | | | |
Net result | - | - | - | - | 32,150 | 32,150 |
Total comprehensive income | - | - | - | - | 32,150 | 32,150 |
| | | | | | |
Other movements | | | | | | |
Issued shares | 25,759 | 39,241 | - | - | - | 65,000 |
Appropriation of result | - | - | - | 12,348 | (12,348) | - |
Dividends paid | - | (27,240) | - | (1,897) | - | (29,137) |
Movement revaluation reserve | - | - | 30,253 | (30,253) | - | - |
Changes according to INREV | - | - | - | - | (1,400) | (1,400) |
Total other movements | 25,759 | 12,001 | 30,253 | (19,802) | (13,748) | 34,463 |
Balance at 31 December 2015 | 291,013 | 318,992 | 128,330 | (27,632) | 30,750 | 741,453 |
For 2014, before appropriation of result
| Issued capital | Share premium | Revaluation reserve | Retained earnings | Net result for the year | Total equity |
Balance according to IFRS at 1 January 2014 | 233,529 | 301,042 | 71,213 | (47,149) | 47,149 | 605,784 |
Changes according to INREV at 1 January 2014 | - | - | - | 3,696 | (341) | 3,355 |
Balance at 1 January 2014 | 233,529 | 301,042 | 71,213 | (43,453) | 46,808 | 609,139 |
| | | | | | |
Comprehensive income | | | | | | |
Net result | - | - | - | - | 11,185 | 11,185 |
Total comprehensive income | - | - | - | - | 11,185 | 11,185 |
| | | | | | |
Other movements | | | | | | |
Issued shares | 31,725 | 49,275 | - | - | - | 81,000 |
Appropriation of result | - | - | - | 46,808 | (46,808) | - |
Dividends paid | - | (43,326) | - | 15,679 | - | (27,647) |
Movement revaluation reserve | - | - | 26,864 | (26,864) | - | - |
Changes according to INREV | - | - | - | - | 1,163 | 1,163 |
Total other movements | 31,725 | 5,949 | 26,864 | 35,623 | (45,645) | 54,516 |
Balance at 31 December 2014 | 265,254 | 306,991 | 98,077 | (7,830) | 12,348 | 674,840 |