Page 28 - Annual Report 2019

Supervisory Board Report
Group Management Report
Consolidated Financial Statements
Annexes

HOFTEX GROUP AG
Consolidated statement of changes in equity as of 31 December 2019

Change in net accu-

Subscribed Capital Revenue equity from mulated
Total
Capital reserves reserves currency gains/
in EUR thousand
translation losses
Balance on 1 Jan. 2018 13,920 41,158 46,754 -3,307 -538 97,987
2017 dividend payment -1,198 -1,198
Consolidated net income for 2018 8,022 8,022
Foreign currency translation 1,026 1,026
differences
Appropriation to revenue reserves 2,000 -2,000 0
pursuant to Section 58(3) AktG
Appropriation to revenue reserves 2,700 -2,700 0
pursuant to Section 58(2) AktG
Balance on 31 Dec. 2018 13,920 41,158 51,454 -2,281 1,586 105,837
2018 dividend payment -1,361 -1,361
Consolidated net income for 2019 2,708 2,708
Foreign currency translation 614 614
differences
Appropriation to revenue reserves 1,500 -1,500 0
pursuant to Section 58(3) AktG
Appropriation to revenue reserves 1,300 -1,300 0
pursuant to Section 58(2) AktG
Balance on 31 Dec. 2019 13,920 41,158 54,254 -1,667 133 107,798

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