SCH2017_DRF_EN_Livre.indb

6

Parent company financial statements Notes to the financial statements

Shareholders’ equity and retained earnings

NOTE 7

Reserves and retained earnings

Additional paid-in capital

Net income for the year

Regulated provisions

Share capital

Total

(in millions of euros)

December 31, 2015 before allocation of net income for the year

2,355

7,267

239

(53)

- - - - - - - - - -

9,808

Change in share capital

15

148 (57)

-

163

Allocation of 2015 net income

- - -

4

53

-

2015 dividend 2016 net income

(1,127)

-

(1,127)

-

-

(100)

(100)

December 31, 2016 before allocation of net income for the year

2,370

6,231

243

(100)

8,745

Change in share capital

18

149

(6)

-

160

Allocation of 2016 net income

- - -

(100)

100

-

2016 dividend 2017 net income

(1,133)

-

(1,133)

-

-

121

121

DECEMBER 31, 2017 BEFORE ALLOCATION OF NET INCOME FOR THE YEAR

2,388

5,147

237

121

-

7,893

7.1 – Capital Share capital

7.2 – Additional paid-in capital Additional paid-in capital decreased by EUR1,084 million over the financial year, including EUR149 million from the worldwide Employee Stock Purchase Plan, EUR100 million in allocation of 2016 losses and EUR1,133 million deducted from paid-in capital for the dividend payment. 7.3 – Allocation of 2016 net income Pursuant to the 3 rd resolution of the Ordinary and Extraordinary Shareholders’ Meeting of April 25, 2017, the 2016 loss of EUR100 million was allocated to additional paid-in capital and EUR1,209 million was deducted from additional paid-in capital for the payment of the dividend in 2017.

The company’s share capital at December 31, 2017 amounted to EUR2,387,664,968 consisting of 596,916,242 shares with a par value of EUR4, all fully paid up. Changes in share capital During the financial year, the EUR18 million increase in share capital breaks down as follows: E EUR10 million share capital increase as part of the worldwide Employee Stock Purchase Plan with an issuance of 2,413,368 new shares; E EUR8 million share capital increase for the exercise of performance shares with an issuance of 2,004,115 new shares. Own shares The total number of own shares held at the reporting date stood at 39,348,449, representing a net amount of EUR2,152 million.

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

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