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).

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