Consolidated statement of changes in shareholders’ equity as at 30 June 2013
| in EUR thousand | Common shares | Additional paid-in capital | Other reserves (cumulative other comprehensive income) |
Retained earnings | Equity attributable to shareholders of Hannover Re | Non-controlling interests | Total shareholders’ equity | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrealised gains/losses | Currency translation | Hedging instruments | Other | |||||||
| Balance as at 1.1.2012 | 120,597 | 724,562 | 453,115 | 11,559 | – | (22,712) | 3,680,397 | 4,967,518 | 635,642 | 5,603,160 |
| Changes in ownership interest with no change of control status | – | – | (10) | (9) | – | – | (191) | (210) | 205 | (5) |
| Changes in the consolidated group | – | – | – | – | – | – | (12,716) | (12,716) | 1,016 | (11,700) |
| Capital increases/additions | – | – | – | – | – | – | – | – | 3,392 | 3,392 |
| Acquisition/disposal of treasury shares | – | – | – | – | – | – | (363) | (363) | – | (363) |
| Total income and expense recognised directly in equity | – | – | 292,200 | 82,016 | (840) | (21,210) | – | 352,166 | 19,065 | 371,231 |
| Net income | – | – | – | – | – | – | 405,294 | 405,294 | 16,373 | 421,667 |
| Dividends paid | – | – | – | – | – | – | (253,254) | (253,254) | (50,363) | (303,617) |
| Balance as at 30.6.2012 | 120,597 | 724,562 | 745,305 | 93,566 | (840) | (43,922) | 3,819,167 | 5,458,435 | 625,330 | 6,083,765 |
| Balance as at 1.1.2013 | 120,597 | 724,562 | 987,918 | (16,225) | (9,455) | (51,628) | 4,276,703 | 6,032,472 | 681,672 | 6,714,144 |
| Changes in ownership interest with no change of control status | – | – | – | – | – | – | (1,384) | (1,384) | 1,433 | 49 |
| Changes in the consolidated group | – | – | – | – | – | – | – | – | (14,265) | (14,265) |
| Capital increases/additions | – | – | – | – | – | – | – | – | 101 | 101 |
| Capital repayments | – | – | – | – | – | – | – | – | (1,869) | (1,869) |
| Acquisition/disposal of treasury shares | – | – | – | – | – | – | 5 | 5 | – | 5 |
| Total income and expense recognised in equity | – | – | (413,943) | (86,520) | – | 18,841 | – | (481,622) | (17,138) | (498,760) |
| Net income | – | – | – | – | – | – | 407,715 | 407,715 | 34,526 | 442,241 |
| Dividends paid | – | – | – | – | – | – | (361,791) | (361,791) | (47,988) | (409,779) |
| Balance as at 30.6.2013 | 120,597 | 724,562 | 573,975 | (102,745) | (9,455) | (32,787) | 4,321,248 | 5,595,395 | 636,472 | 6,231,867 |
See: Quarterly financial report incl. notes (PDF 1.1 MB)
The consolidated statement of changes in shareholders’ equity for the previous year was adjusted retrospectively on the basis of IAS 8 due to effects resulting from the application of IAS 19R (cf. explanatory remarks on changes in accounting policies in Section 2 of the Notes).