Share capital
On the balance sheet date, the company’s authorised share capital amounted to EUR 500 million, divided into one million shares of five hundred euros. Of these shares, two hundred thousand have been issued and paid-up. There was no change in this item during the year under review.
Hedging reserve
The hedging reserve relates to changes in the fair value of interest rate swaps and forward exchange contracts that are recorded in equity.
Reserve for exchange rate differences
The reserve for exchange rate differences serves to cover movements in exchange rates associated with the equity of participating interests in the UK (including the associated goodwill).
Dividend proposal
The management has proposed to pay a dividend of EUR 10.0 million (2007: EUR 27.5 million) to the shareholder. The proposed dividend per share is EUR 50 (2007: EUR 135).
Profit per share
The profit per share has been calculated by dividing the profit by the average number of shares during the year under review.
|
( x EUR 1,000 ) |
2008 |
2007 |
|
|
Profit after tax |
50,702 |
53,072 |
|
|
Average number of shares (thousands) |
200 |
200 |
|
|
Profit per share (in EUR) |
254 |
265 |
|
|
|
|
Minority interest
The minority interest relates to 29.935% of the shares in APX B.V., held by N.V. Nederlandse Gasunie (26.096%) and Fluxys S.A. (3.839%).