Consolidated statement of changes in group equity

Equity attributable to Stedin Holding N.V. shareholders

x 1 million

Paid up and called-up share capital

Share
premium

Revaluation
reserve

Legal reserve

Cash flow hedge reserve

Cost of hedging reserve

Retained earnings

Undistributed profit

Total

Perpetual subordinated bond loan

Non-controlling interests

Total group
equity

As at 1 January 2021

497

-

662

4

-78

-

1,275

30

2,390

501

-

2,891

Total other comprehensive income after income tax

-

-

128

-

25

-

41

-

194

-

-

194

Profit after income tax 2021

-

-

-

-

-

-

-

4

4

17

-

21

Total comprehensive income

-

-

128

-

25

-

41

4

198

17

-

215

Transactions with shareholders

Dividend payments relating to 2020

-

-

-

-

-

-

-

-21

-21

-

-

-21

Capital reinforcement

42

158

-

-

-

-

-

-

200

-

-

200

Additions to perpetual subordinated bond loan

-

-

-

-

-

-

-

-

-

500

-

500

Redemption of perpetual subordinated bond loan

-

-

-

-

-

-

-

-

-

-511

-

-511

Coupon on perpetual subordinated bond loan

-

-

-

-

-

-

-

-

-

-7

-

-7

Disagio and cost

-

-

-

-

-

-

-5

-

-5

-

-

-5

Tax on coupon on perpetual subordinated bond loan

-

-

-

-

-

-

1

-

1

6

-

7

Total transactions with shareholders

42

158

-

-

-

-

-4

-21

175

-12

-

163

Other

Profit appropriation 2020

-

-

-

-

-

-

9

-9

-

-

-

-

Reclassification

-

-

-

-1

-

-

2

-

1

-

-

1

Total other

-

-

-

-1

-

-

11

-9

1

-

-

1

As at 31 December 2021

539

158

790

3

-53

-

1,323

4

2,764

506

-

3,270

Equity attributable to Stedin Holding N.V. shareholders

x 1 million

Paid up and called-up share capital

Share
premium

Revaluation
reserve

Legal reserve

Cash flow hedge reserve

Cost of hedging reserve

Retained earnings

Undistributed profit

Total

Perpetual subordinated bond loan

Non-controlling interests

Total group
equity

As at 1 January 2022

539

158

790

3

-53

-

1,323

4

2,764

506

-

3,270

Total other comprehensive income

-

-

-

-

39

-1

-

-

38

-

-

38

Profit after income tax 2022

-

-

-

-

-

-

-

38

38

6

-

44

Total comprehensive income

-

-

-

-

39

-1

-

38

76

6

-

82

Transactions with shareholders

Dividend payments relating to 2021

-

-

-

-

-

-

-

-1

-1

-

-

-1

Cumulative preference dividend

-

-

-

-

-

-

-

-3

-3

-

-

-3

Coupon on perpetual subordinated bond loan

-

-

-

-

-

-

-

-

-

-8

-

-8

Tax on coupon on perpetual subordinated bond loan

-

-

-

-

-

-

-

-

-

2

-

2

Total transactions with shareholders

-

-

-

-

-

-

-

-4

-4

-6

-

-10

Other

Profit appropriation 2021

-

-

-

-

-

-

1

-1

-

-

-

-

Release from revaluation reserve due to depreciation of regulated networks

-

-

-37

-

-

-

37

-

-

-

-

-

Reclassification

-

-

-

6

-

-

-7

1

-

-

-

-

Total other

-

-

-37

6

-

-

31

-

-

-

-

-

As at 31 December 2022

539

158

753

9

-14

-1

1,354

38

2,836

506

-

3,342

See note 22 Group equity for more details on group equity.