Consolidated statement of changes in equity
For 2019, before appropriation of profit, all amounts in € thousands
| | Issued capital | Share premium | Revaluation reserve* | Retained earnings | Net result for the year | Total equity |
Balance at 1 January 2019 | 350,495 | 396,265 | 222,920 | (48,675) | 48,675 | 969,680 |
| | | | | | | |
Comprehensive income | | | | | | |
Net result | - | - | - | - | 43,659 | 43,659 |
Total comprehensive income | - | - | - | - | 43,659 | 43,659 |
| | | | | | | |
Other movements | | | | | | |
Issued shares | 4,354 | 7,646 | - | - | - | 12,000 |
Appropriation of result | - | - | - | 48,675 | (48,675) | - |
Dividends paid | - | (13,117) | - | (32,829) | - | (45,946) |
Movement revaluation reserve | - | - | 10,830 | (10,830) | - | - |
Total other movements | 4,354 | (5,471) | 10,830 | 5,016 | (48,675) | (33,946) |
Balance at 31 December 2019 | 354,849 | 390,794 | 233,750 | (43,659) | 43,659 | 979,393 |
* See explanation dividend restrictions in Note 16.
For 2018, before appropriation of profit, all amounts in € thousands
| | Issued capital | Share premium | Revaluation reserve* | Retained earnings | Net result for the year | Total equity |
Balance at 1 January 2018 | 327,089 | 361,679 | 200,128 | (61,059) | 61,059 | 888,896 |
| | | | | | | |
Comprehensive income | | | | | | |
Net result | - | - | - | - | 48,675 | 48,675 |
Total comprehensive income | - | - | - | - | 48,675 | 48,675 |
| | | | | | | |
Other movements | | | | | | |
Issued shares | 23,406 | 41,594 | - | - | - | 65,000 |
Appropriation of result | - | - | - | 61,059 | (61,059) | - |
Dividends paid | - | (7,008) | - | (25,883) | - | (32,891) |
Movement revaluation reserve | - | - | 22,792 | (22,792) | - | - |
Total other movements | 23,406 | 34,586 | 22,792 | 12,384 | (61,059) | 32,109 |
Balance at 31 December 2018 | 350,495 | 396,265 | 222,920 | (48,675) | 48,675 | 969,680 |
* See explanation dividend restrictions in Note 16.