Notes to the Consolidated Financial Statements

19. Notes on share capital

 

Number of shares

Share capital
(€ 000)

1.1.2012

20,875,645

2,088

Rights issue

-

-

31.12.2012

20,875,645

2,088

     

 

Number of shares

Share capital
(€ 000)

1.1.2013

20,875,645

2,088

Rights issue

-

-

31.12.2013

20,875,645

2,088

     

The maximum number of shares is 48 million (48 million in 2012). The nominal value of each share is EUR 0.10 and the Group’s maximum share capital is EUR 4.8 million (EUR 4.8 million in 2012). All outstanding shares are paid in full. At the end of the fiscal year, the company held 57,372 of its own shares, corresponding to 0.3 per cent of all shares.

The premium fund comprises the amount paid for shares in excess of the nominal value. The ‘Other reserves’ amount arises from fair valuation of acquired business operations in the consolidated financial statements. The translation differences reserve comprises differences arising from the translation of financial statements of non-Finnish units. The unrestricted invested shareholders’ equity reserve comprises investments similar to shareholders’ equity and the subscription price of shares when a specific decision is made not to enter it in shareholders’ equity.