Statement of Changes in Equity

Revenue reserves

(€ thousands)

Subscribed
capital
of KSB AG


Capital reserve
of KSB AG



Other
revenue
reserves

Currency
translation
differences

Measurement
of financial
instruments

Actuarial
gains / losses
under IAS 19

Equity attributable to shareholders of KSB AG

Non-controlling interest

Total       equity

1 Jan. 2012

44,772

66,663

670,203

– 25,554

– 2,574

753,510

115,614

869,124

Change in accounting policies in accordance with IAS 19 (Notes No. 8)

268

– 14,258

– 13,990

– 1,521

– 15,511

 
1 Jan. 2012 (adjusted) 44,772 66,663 670,471 – 25,554 – 2,574 – 14,258 739,520 114,093 853,613
Other comprehensive income – 10,196 3,250 – 75,192 – 82,138 – 3,422 – 85,560
Earnings after income taxes 74,620 74,620 15,649 90,269
Total comprehensive income 74,620 – 10,196 3,250 – 75,192 – 7,518 12,227 4,709
Dividends paid (Notes No. 6) – 21,240 – 21,240 – 1,858 – 23,098
Capital increases / decreases (Notes No. 6)
Change in consolidated Group / Step acquisitions – 2,567 – 2,567 – 155 – 2,722
Other – 265 – 265 9 – 256
31 Dec. 2012 (adjusted) 44,772 66,663 721,019 – 35,750 676 – 89,450 707,930 124,316 832,246

Revenue reserves

(€ thousands)

Subscribed
capital
of KSB AG

Capital reserve
of KSB AG



Other
revenue
reserves

Currency
translation
differences

Measurement
of financial
instruments

Actuarial
gains / losses
under IAS 19

Equity
attributable to
shareholders
of KSB AG

Non-controllinginterest

Total       equity

1 Jan. 2013

44,772

66,663

720,801

– 35,750 676

797,162

125,807

922,969
Change in accounting policies in accordance with IAS 19 (Notes No. 8)

218

– 89,450

– 89,232

– 1,491 – 90,723
 
1 Jan. 2013 (adjusted) 44,772 66,663 721,019 – 35,750 676 – 89,450 707,930 124,316 832,246
Other comprehensive income – 43,330 2,785 12,299 – 28,246 – 9,294 – 37,540
Earnings after income taxes 65,682 65,682 14,183 79,865
Total comprehensive income 65,682 – 43,330 2,785 12,299 37,436 4,889 42,325
Dividends paid (Notes No. 6) – 21,240 – 21,240 – 12,735 – 33,975
Capital increases / decreases (Notes No. 6)
Change in consolidated Group / Step acquisitions 7,023 – 117 – 119 6,787 – 2,497 4,290
Other – 659 – 659 267 – 392
31 Dec. 2013 44,772 66,663 771,825 – 79,197 3,461 – 77,270 730,254 114,240 844,494
Accumulated currency translation differences (€ thousands)

Equity attributable
to shareholders
of KSB AG

Non-controlling
interest

Total
equity

Balance at 1 Jan. 2012 – 25,554

– 17,089

– 42,643

Change in 2012

– 10,196

– 3,695

– 13,891

Balance at 31 Dec. 2012 / 1 Jan. 2013

– 35,750

– 20,784

– 56,534

Change in 2013

– 43,447

– 10,005

– 53,452

Balance at 31 Dec. 2013

– 79,197

– 30,789

– 109,986

Also see the relevant explanations in the Notes to the Consolidated Financial Statements.