7. Equity capital
At the balance sheet date, the equity ratio was 66% (2019: 64%). The factors that contributed to changes in consolidated equity are presented in the consolidated statement of changes in equity.
As in 2019, the share capital totalled CHF 0.6 million, corresponding to EUR 0.4 million at the exchange rate of 1 January 2003. It is made up of 9,756,000 registered shares A with a par value of CHF 0.05 each and 9,900,000 registered shares B with a par value of CHF 0.01 each.
The statutory and legal reserves and those not available for distribution amounted to EUR 4.2 million (2019: EUR 4.3 million).
|
Registered shares A units 2020 |
Value per unit EUR 2020 |
Value thousand EUR 2020 |
Registered shares A units 2019 |
Value per unit EUR 2019 |
Value thousand EUR 2019 |
Own shares at 1.1. |
110,524 |
38.38 |
4,242 |
164,069 |
38.48 |
6,314 |
Transfer at market price |
– 56,095 |
40.88 |
– 2,293 |
– 53,545 |
31.48 |
– 1,686 |
Gain/(loss) from sale |
|
|
131 |
|
|
– 386 |
Purchase at acquisition price |
50,000 |
40.91 |
2,046 |
– |
– |
– |
Own shares at 31.12. |
104,429 |
39.51 |
4,126 |
110,524 |
38.38 |
4,242 |
Shares were sold at a discount of 30% to management staff participating in a stock ownership plan and issued to members of the Board of Directors as part of their fee (see item 22. Shares granted in these notes to the consolidated financial statements).