Statement of changes in equity

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€ thousand Subscribed
capital
Capital
reserve
Retained
earnings
Revaluation
reserves1) 
Group
result
Total
1) Pursuant to IAS 39
2) Previous year’s figures adjusted due to application of amended IAS 19 and retrospective adjustment of commission in funds business
Equity as of 31.12.2011 141,221 223,296 92,350 11,317 79,084 547,268
Change due to retrospective adjustments 2,474 2,474
Equity as of 1.1.2012 141,221 223,296 94,824 11,317 79,084 549,742
Net profit from 1.1. to 31.12.20122) 74,280 74,280
Change in actuarial gains/losses recognised in equity2) – 3,349 – 3,349
Changes in revaluation reserves 44,203 44,203
Comprehensive income 2012 – 3,349 44,203 74,280 115,134
Profit distributions – 79,084 – 79,084
Allocation to reserves/transfer from reserves2) 12,143 – 12,143 0
             
Equity as of 31.12.2012/1.1.2013 141,221 223,296 103,618 55,519 62,137 585,791
Net profit from 1.1. to 31.12.2013 60,534 60,534
Change in actuarial gains/losses recognised in equity2) 708 708
Change in revaluation reserves – 33,282 – 33,282
Comprehensive income 2013 708 – 33,282 60,534 27,960
Profit distributions – 62,137 – 62,137
Allocation to reserves/transfer from reserves 9,695 – 9,695 0
             
Equity as of 31.12.2013 141,221 223,296 114,020 22,237 50,839 551,613

In financial year 2013, dividend payments totalling €62,137 thousand (2012: €79,084 thousand) were distributed to shareholders of comdirect bank AG. This equates to a payment of €0.44 per share (2012: €0.56).

In financial year 2013, comdirect bank did not make use of either the existing authorisations of the annual general meeting to purchase own shares for the purpose of securities trading pursuant to Section 71 (1) No. 7 German Stock Corporation Act (AktG) or of the resolutions of the annual general meeting authorising the purchase of own shares pursuant to Section 71 (1) No. 8 German Stock Corporation Act (AktG) for purposes other than securities trading.