IBERSOL | Annual Report 2020
Consolidated Financial Statements 16. EQUITY 16.1. SHARE CAPITAL As at 31 December 2020 and 2019, fully subscribed and paid up share capital was represented by, respectively, 36.000.000 shares to the bearer with a nominal value of 1 Euro each. 16.2. OWN SHARES There were no transactions with own shares in 2020 and 2019. At the end of the year the company held 3.599.981 own shares acquired for 11.180.516 Euros. 16.3. OTHER RESERVES AND RETAINED EARNINGS The group’s non-available reserves reached 11.180.516 Euros and refer to own shares held by the group (11.180.516 Euros). The amounts distributed to shareholders are determined based on the parent indi- vidual financial statements, which show the available amount of 158,620,194 Euros. There are no limits to Ibersol’s ability to assign or use Group assets and settle Group liabilities, other than those which result directly from the law. 16.4. NON-CONTROLLING INTERESTS In the periods ended 31 December 2020 and 2019, non-controlling interests were as follows: % dec/2020 dec/2019 dec.2020 dec. 2019 Restmon 39% 39% -60.684 -53.342 Cortsfood 50% 50% 211.662 364.086 Others -17.737 -17.737 133.241 293.007 In 2020 and 2019 changes in non-controlling interests were as follows: 2020 2019 1st January 293.007 329.204 Increases (1) - 90.582 Decreases (2) -159.766 -126.779 31st December 133.241 293.007 (1) changes in 2019 relate to the year income for the period of on-controlling interests , 90,582 euros. (2) decreases in 2020 and 2019 resulting from the distribution of dividends (49,806 Euros and 126,779 Euros, respectively), and in 2020 of the profit and loss for the period of non-controlling interests in the amount of 109,960 Euros. 370
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