18 Equity
|
31.12.2018 |
31.12.2017 |
CHF thousand |
|
|
|
|
|
Shareholders' equity |
741,084 |
737,163 |
|
|
|
Share capital |
7,391 |
7,391 |
Share capital 7,390,968 registered shares at a par value of CHF 1 per share |
7,391 |
7,391 |
|
|
|
Reserves |
693,437 |
663,433 |
Legal capital reserves |
|
|
Capital reserves |
184,335 |
184,335 |
Legal reserve from retained earnings |
17,123 |
17,123 |
Other reserves 1) |
491,979 |
461,975 |
|
|
|
Retained earnings |
40,278 |
66,354 |
Retained earnings carried forward 1) |
36,353 |
41,018 |
Net income for the year |
3,925 |
25,336 |
|
|
|
Treasury shares |
–22 |
–15 |
1) In the year under review the increase of TCHF 4 in other reserves is attributable to gains and losses from the sale of treasury shares. The previous year the general meeting of shareholders of 16 May 2018 approved a transfer of TCHF 30,000 from retained earnings to other reserves.
Share capital
Significant shareholders as defined by the Swiss Code of Obligations (OR) 663c (share of capital and voting rights):
|
31.12.2018 |
31.12.2017 |
|
|
|
Elektrizitätswerke des Kantons Zürich (EKZ) |
29.83% |
29.83% |
Canton Graubünden |
21.96% |
21.96% |
UBS Clean Energy Infrastructure KGK (UBS-CEIS) |
18.88% |
18.88% |
Axpo Holding AG, Baden |
12.69% |
12.69% |
Eigene Titel
|
2018 |
2017 |
||
|
Number of shares |
Carrying value in CHF |
Number of shares |
Carrying value in CHF |
|
|
|
|
|
Initial balance at 1 January |
256 |
15,365 |
382 |
20,714 |
Purchases |
605 |
42,835 |
2,637 |
152,507 |
Disposals |
–560 |
–36,116 |
–2,763 |
–157,856 |
End balance at 31 December |
301 |
22,084 |
256 |
15,365 |
In the year under review Repower AG bought 605 shares at an average price of CHF 70.80 and sold 560 shares at an average price of CHF 71.31.
The prior year Repower AG bought 2,637 shares at an average price of CHF 57.83 and sold 2,763 shares at an average price of CHF 59.38.