Ibersol • Annual Report and Consolidated Accounts 2014 - page 195

Annual Report and Consolidated Accounts 2014 195
15. SHARE CAPITAL
On 31st December 2014 and 2013, fully subscribed and
paid up share capital was represented by 20.000.000
shares to the bearer with a par value of 1 euro each.
In the years 2014 and 2013 the group did not acquired
nor sold any own shares. This shares are subordinated
to the policy stipulated for own shares which specifies
that the respective voting rights are suspended whilst
the shares are held by the group, although the group
may sell these shares.
At the end of the year the company held 2.000.000
own shares acquired for 11.179.644 euros.
The group’s non-available reserves reached15.179.645
euros and refer to legal reserves (4.000.001 euros) and
other reserves referring to own shares held by the
group (11.179.644 euros).
The amounts distributed to shareholders are deter-
mined based on the individual company accounts,
which show the available amount of 59.533.951 euros.
In the years ending on 31 December 2014 and 2013,
the non-controlling interests were as follows:
Dec. 2014 Dec. 2013
Ibersande 4.735.649 4.575.823
IBR Imobiliária, SA 243.881 236.206
Gravos 2012 16.626 156.139
Restmon -19.270 -11.007
4.976.886 4.957.161
Movements in the year in 2014 and 2013 in non-controlling interests were as follows:
Dez. 2014 Dez. 2013
1st January 4.957.161 4.680.545
Increases (1) 159.146 276.616
Decreases (2) -139.421 -
31st December 4.976.886 4.957.161
(1) Changes in the non-controlling interests in 2013 are relate to the income of the year (120.477 euros) and the incorporation of the subsidiary
Gravos 2012 (156.139 euros) and in the year 2014 the non-controlling interest income of the year.
(2) Concerning the purchase of 18% of the subsidiary Gravos 2012, SA to non-controlling interests, as mentioned in Note 5.2.1.