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Annual Report 2014/15Detailed Picture

AUDITED BY PwC

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Statement of changes in equity - 2015

           
EUR million Note Share capital Cash flow hedges Retained earnings Total
           
Equity at 1 September 2014   180.5 (3.0) 457.0 634.5
Total comprehensive income for the year, cf. statement of comprehensive income   (0.3) (0.2) 127.5 127.0
Transactions with owners:          
Reduction of share capital   (3.5)   - 3.5   -
Purchase of treasury shares     -   - (38.0) (38.0)
Exercised share options     -   - 8.0 8.0
Share-based payment 5.1   -   - 3.3 3.3
Tax related to share-based payment       2.3 2.3
Dividend     -   - (181.4) (181.4)
Equity at 31 August 2015   176.7 (3.2) 382.2 555.7
           
During the year, an ordinary dividend for the 2013/14 financial year of DKK 3.77 per share and an interim dividend related to the 2014/15 financial year of DKK 6.57 per share were paid.
A dividend of EUR 0.63 (DKK 4.70), corresponding to EUR 82.0 million in total, is proposed for 2014/15.

Statement of changes in equity - 2014

 
           
EUR million Note Share capital Cash flow hedges Retained earnings Total
           
Equity at 1 September 2013   180.3 (3.0) 482.6 659.9
Total comprehensive income for the year, cf. statement of comprehensive income   0.2   - 128.5 128.7
Transactions with owners:          
Purchase of treasury shares*     -   - (80.0) (80.0)
Exercised share options     -   - 27.7 27.7
Share-based payment 5.1   -   - 3.6 3.6
Tax related to share-based payment     -   - 6.2 6.2
Dividend     -   - (111.6) (111.6)
Equity at 31 August 2014   180.5 (3.0) 457.0 634.5
           
* EUR 80.0 million relates to the share buy-back program.