Statement of changes in equity
T€ | Share capital | Capital reserves | Retained earnings | IAS 19 reserves | Hedging reserves | Foreign currency translation reserves | Group equity | Non- controlling interests | Total equity |
Balance as at 1.1.2026 | 118,222 | 1,732,319 | 3,854,400 | -31,386 | -13,858 | 3,243 | 5,662,940 | 21,076 | 5,684,016 |
Net income | – | – | 119,056 | – | – | – | 119,056 | 812 | 119,868 |
Differences arising from currency translation | – | – | – | – | – | 7,404 | 7,404 | 66 | 7,470 |
Change in equity-accounted investments | – | – | – | 0 | 3,682 | 8,400 | 12,082 | – | 12,082 |
Change in interest rate swap | – | – | – | – | -393 | – | -393 | – | -393 |
Deferred tax relating to other comprehensive income | – | – | – | 0 | 97 | – | 97 | 0 | 97 |
Other comprehensive income | – | – | – | 0 | 3,386 | 15,804 | 19,190 | 66 | 19,256 |
Total comprehensive income | – | – | 119,056 | 0 | 3,386 | 15,804 | 138,246 | 878 | 139,124 |
Capital decrease through cancellation of treasury shares1 | -222 | 222 | – | – | – | – | 0 | – | 0 |
Distribution of dividends2 | – | – | -334,784 | – | – | – | -334,784 | 0 | -334,784 |
Balance as at 30.6.2026 | 118,000 | 1,732,541 | 3,638,672 | -31,386 | -10,472 | 19,047 | 5,466,402 | 21,954 | 5,488,356 |
1See the section on Equity under Notes on the items in the consolidated balance sheet.
2The total dividend payment of T€ 334,784 corresponds to a dividend per share of € 2.90 based on 115,442,696 shares.
T€ | Share capital | Capital reserves | Retained earnings | IAS 19 reserves | Hedging reserves | Foreign currency translation reserves | Group equity | Non- controlling interests | Total equity |
Balance as at 1.1.2025 | 118,222 | 1,732,319 | 3,226,870 | -57,968 | -8,657 | -32,816 | 4,977,970 | 22,400 | 5,000,370 |
Net income | – | – | 94,887 | – | – | – | 94,887 | 2,181 | 97,068 |
Differences arising from currency translation | – | – | – | – | – | 10,144 | 10,144 | -154 | 9,990 |
Change in equity-accounted investments | – | – | – | 0 | -2,683 | 684 | -1,999 | – | -1,999 |
Change in interest rate swap | – | – | – | – | 2,056 | – | 2,056 | – | 2,056 |
Deferred tax relating to other comprehensive income | – | – | – | 0 | -630 | – | -630 | 0 | -630 |
Other comprehensive income | – | – | – | 0 | -1,257 | 10,828 | 9,571 | -154 | 9,417 |
Total comprehensive income | – | – | 94,887 | 0 | -1,257 | 10,828 | 104,458 | 2,027 | 106,485 |
Distribution of dividends1 | – | – | -288,607 | – | – | – | -288,607 | -2,476 | -291,083 |
Transactions due to changes in the consolidated group | – | – | – | – | – | – | – | 54 | 54 |
Balance as at 30.6.2025 | 118,222 | 1,732,319 | 3,033,150 | -57,968 | -9,914 | -21,988 | 4,793,821 | 22,005 | 4,815,826 |
1The total dividend payment of T€ 288,607 corresponds to a dividend per share of € 2.50 based on 115,442,976 shares.