Changes in consolidated shareholders’ equity

CHF millions
	Share Capital	Capital Reserves (Agio)	Retained Earnings	Subtotal
Sharholders' Equity as per 31.12.2020	19.8	0.3	743.5	763.6
Accounting goodwill*	–	–	– 10.4	– 10.4
Consolidated profit	–	–	63.8	63.8
Foreign exchange differences	–	–	– 16.7	– 16.7
Dividends	–	–	– 25.8	– 25.8
Sharholders' Equity as per 31.12.2021	19.8	0.3	754.4	774.5
Consolidated profit	–	–	40.7	40.7
Foreign exchange differences	–	–	– 40.1	– 40.1
Dividends	–	–	– 25.8	– 25.8
Sharholders' Equity as per 31.12.2022	19.8	0.3	729.2	749.3

* The consideration for the Moldovan plant based in Chișinău, which was taken over on 10 December 2020, includes a fixed purchase price component of CHF 44.4 million and further payments dependent on future results, which were reassessed in 2021 based on developments. This led to an adjustment in the goodwill offset against equity in the amount of CHF 10.4 million. In 2022 there was no adjustment of the goodwill.