104• PARENTCOMPANY FINANCIAL STATEMENTS
PANDORAANNUAL REPORT2014
STATEMENT OF CHANGES
IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER
Share
Share Treasury Hedging Proposed
Retained
Total
DKKmillion
Notes
capital
premium
shares
reserve dividend earnings
equity
Equity at 1 January 2014
130
1,248
-738
-17
823
3,405
4,851
Net profit for the year
-
-
-
-
-
3,040
3,040
Value adjustment of hedging instruments
-
-
-
-17
-
-
-17
Tax on other comprehensive income
2.3
-
-
-
5
-
-
5
Other comprehensive income, net of tax
-
-
-
-12
-
-
-12
Total comprehensive income for the year
-
-
-
-12
-
3,040
3,028
Share-based payments
2.2
-
-
36
-
-
124
160
Purchase of treasury shares
-
-
-2,400
-
-
-2
-2,402
Reduction of share capital
-2
-19
423
-
-
-402
-
Dividend paid
-
-
-
-
-823
3
-820
Proposed dividend
-
-
-
-
1,088
-1,088
-
Equity at 31December 2014
128
1,229
-2,679
-29
1,088
5,080
4,817
Equity at 1 January 2013
130
1,248
-38
3
715
2,069
4,127
Net profit for the year
-
-
-
-
-
2,093
2,093
Value adjustment of hedging instruments
-
-
-
-25
-
-
-25
Tax on other comprehensive income
2.3
-
-
-
5
-
-
5
Other comprehensive income, net of tax
-
-
-
-20
-
-
-20
Total comprehensive income for the year
-
-
-
-20
-
2,093
2,073
Share-based payments
2.2
-
-
-
-
-
64
64
Purchase of treasury shares
-
-
-700
-
-
-
-700
Dividend paid
-
-
-
-
-715
2
-713
Proposed dividend
-
-
-
-
823
-823
-
Equity at 31December 2013
130
1,248
-738
-17
823
3,405
4,851
