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70 ENAV – 2014 Financial Statements

Consolidated statement of changes in equity

1 January 2013            Share capital     Legal reserve            Reserves     Reserve for actuarial
                                                                                     gains/(losses) on
Allocation of prior year  1,121,744,385         9,099,497     Miscellaneous         employee benefits
net income                               0      2,309,533            reserves
                                         0                                                    (6,371,946)
Disposal of AVL assets                   0                 0      61,238,424
                                         0                 0                   0                           0
Dividend payment                                           0
                                                               (25,606,966)                                0
Change in translation                                                          0                           0
reserve
                                                                      (17,457)                             0
Comprehensive income
recognized. of which:                    0               0                0           1,759,137

l gains/(losses)                         0               0                0                    0
  recognized directly     1,121,744,385      11,409,030       35,614,001          (4,612,809)
  in equity                                  2,526,380
                                         0                                0                    0
l net income for the                     0               0                0                    0
  year                                   0               0                0                    0
                                         0               0     3,437,554                       0
31 December 2013                         0               0           8,361                     0

Allocation of prior year                 0               0                0       (5,070,525)
net income
                                         0               0                0                    0
Allocation of Charge      1,121,744,385      13,935,410       39,059,916          (9,683,334)
Stabilization Provision

Dividend payment

Change in translation
reserve

Other changes

Comprehensive income
recognized. of which:

l gains/(losses)
  recognized directly
  in equity

l net income for the
  year

31 December 2014
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