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Detail of the reserves
(x 1,000 EUR)
Reserve for the positive/
negative balance of changes
in the fair value of real estate
Reserve for the estimated
transaction costs resulting
from the hypothetical
disposal of investment
properties
Reserve for the balance of
changes in the fair value
of authorised hedging
instruments qualifying for
hedge accounting as defined
under IFRS
AT 01.01.2014
-125,235
-59,486
-88,744
Appropriation of the 2013 net result
27,796
-1,146
4,576
Elements directly recognised in shareholders’
equity
309
33,186
Cash flow hedge
52,015
Impact on estimated transaction costs and
rights resulting from the hypothetical disposal
of investment properties
582
Exercise on Cofinimmo shares (stock options
and own shares)
Other items
5,311
SUBTOTAL
-97,439
-54,739
-32,153
Dividends and participation plans
AU 31.12.2014
-97,439
-54,739
-32,153
Appropriation of the 2014 net result
-18,282
-488
-10,512
Elements recognised in the global result
582
52,015
Cash flow hedge
3,716
Impact on estimated transaction costs and
rights resulting from the hypothetical disposal
of investment properties
309
Restructuring of financial instruments
29,470
Exercise on Cofinimmo shares (stock options, own
shares)
Other
SUBTOTAL
-115,721
-54,918
-9,479
Dividends and participation plans
AT 31.12.2015
-115,721
-54,918
-9,479
216
ANNUAL ACCOUNTS /
Company accounts