NOTES TO THE FINANCIAL STATEMENTS

23. Other reserves



(all amounts in Euro thousands)

Group

Legal reserve Special reserve Contingency reserves Tax exempt reserves under special laws Revaluation reserve Actuarial differences reserve Currency translation differences on derivative hedging position Foreign currency translation reserve Total other reserves
Balance at 1 January 2016 93,112 569,227 301,075 117,563 50,386 1,001 41,115 -156,175 1,017,304
Other comprehensive income/(losses) - - - - 289 -863 - -188,007 -188,581
Non-controlling interest's put option recognition & transfer between reserves - - - - -1,254 - - - -1,254
Acquisition of non-controlling interest 1 - - - - - - 4 5
Transfer among reserves 3,388 3,643 32,219 -23,809 -3,876 - - 325 11,890
Balance at 31 December 2016 96,501 572,870 333,294 93,754 45,545 138 41,115 -343,853 839,364
Other comprehensive losses - - - - -398 -299 - -112,144 -112,841
Non-controlling interest's put option recognition & transfer between reserves - - - - -1,532 - - - -1,532
Transfer among reserves -2,682 7 1,408 4,780 -4,334 - - -454 -1,275
Balance at 31 December 2017 93,819 572,877 334,702 98,534 39,281 -161 41,115 -456,451 723,716

Company

Legal reserve Special reserve Contingency reserves Tax exempt reserves under special laws Revaluation reserve Actuarial differences reserve Currency translation differences on derivative hedging position Total other reserves
Balance at 1 January 2016 69,952 3,550 289,182 105,379 2,508 832 48,347 519,750
Other comprehensive losses - - - - -99 -1,468 - -1,567
Transfer from retained earnings 2,998 - 31,773 - - - - 34,771
Transfer from share options - - 449 - - - - 449
Transfer between reserves - - - -15,000 - - - -15,000
Balance at 31 December 2016 72,950 3,550 321,404 90,379 2,409 -636 48,347 538,403
Other comprehensive income/(losses) - - - - 106 -418 - -312
Transfer from retained earnings 789 - - - - - - 789
Transfer from share options - - 1,408 - - - - 1,408
Balance at 31 December 2017 73,739 3,550 322,812 90,379 2,515 -1,054 48,347 540,288
Pages: 12
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