20 Equity
CHF thousand |
31.12.2020 |
31.12.2019 |
|
|
|
Shareholders' equity |
791,704 |
752,356 |
|
|
|
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 |
706,272 |
709,748 |
Legal capital reserves |
|
|
Capital reserves |
162,163 |
180,640 |
Legal reserve from retained earnings |
17,123 |
17,123 |
Other reserves 1) |
526,986 |
511,985 |
|
|
|
Retained earnings |
78,060 |
35,233 |
Retained earnings carried forward |
20,233 |
20,278 |
Net income for the year |
57,827 |
14,955 |
|
|
|
Treasury shares |
–19 |
–16 |
1) The change in «Other reserves» is mainly due to the carryforward of the last year profit of TCHF 15,000. The transfer was approved by the general assembly on May 20, 2020.
Share capital
Significant shareholders as defined by the Swiss Code of Obligations (OR) 663c (share of capital and voting rights):
|
31.12.2020 |
31.12.2019 |
|
|
|
Elektrizitätswerke des Kantons Zürich (EKZ) |
33.96% |
32.12% |
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% |
Treasury shares
|
2020 |
2019 |
||
|
Number of shares |
Carrying value in CHF |
Number of shares |
Carrying value in CHF |
|
|
|
|
|
Initial balance at 1 January |
172 |
16,008 |
301 |
22,084 |
Purchases |
350 |
32,250 |
351 |
30,227 |
Disposals |
–310 |
–29,054 |
–480 |
–36,303 |
End balance at 31 December |
212 |
19,204 |
172 |
16,008 |
In the year under review Repower AG bought 350 shares at an average price of CHF 92.14 and sold 310 shares at an average price of CHF 95.94.
The prior year Repower AG bought 351 shares at an average price of CHF 86.12 and sold 480 shares at an average price of CHF 90.29.