Financial Report
Vetropack Group

Changes in Consolidated Shareholders’ Equity

Audited information

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.

The legally non-distributable reserves of Vetropack Holding Ltd amount to CHF 4.0 million (2021: CHF 4.0 million). Vetropack Holding Ltd did not hold own shares from 2020 to 2022.