Consolidated statements of changes in total equity

  Issued
share
capital		 Additional
paid in
capital		 Cumulative
translation
adjustment		 Fair value
and other
reserves		 Retained
earnings		 Attributable
to equity
holders of
the parent		 Minority
interest		 Total
equity
Balance at 1 January 2004 230 1,421   1,115 215 2,981 17 2,998
Profit for the period         752 752   752
Currency translation adjustment     (35) 6   (29) 2 (27)
Other       (3)   (3)   (3)
Total recognised income for the year     (35) 3 752 720 2 722
Final dividend previous year         (142) (142)   (142)
Appropriation of net income       73 (73)      
Interim dividend current year         (95) (95)   (95)
Repurchase of shares       (151)   (151)   (151)
Share based compensation       6   6   6
Other       6   6   6
Total direct changes in equity       (66) (310) (376)   (376)
Balance at 31 December 2004 230 1,421 (35) 1,052 657 3,325 19 3,344
Effect on adoption of IAS 32/39       (268)   (268)   (268)
Balance at 1 January 2005 230 1,421 (35) 784 657 3,057 19 3,076
Profit for the period         659 659 2 661
Gains/(losses) on cashflow hedges, net of tax       (12)   (12)   (12)
Currency translation adjustment     19     19   19
Total recognised income     19 (12) 659 666 2 668
for the year                
Final dividend previous year         (168) (168)   (168)
Appropriation of net income       489 (489)      
Interim dividend current year         (100) (100)   (100)
Repurchase of shares       (231)   (231)   (231)
Share based compensation       10   10   10
Other       28   28 (4) 24
Total direct changes in equity       296 (757) (461) (4) (465)
Balance at 31 December 2005 230 1,421 (16) 1,068 559 3,262 17 3,279
(in € millions)
  • The accompanying notes form an integral part of the financial statements.

Notes to the consolidated cash flow statements

  1. On adoption of IAS 32 as at 1 January 2005, bank overdraft of €46 million was no longer netted off from cash and cash equivalents.
  2. See note 8 for additional information on cash flows related to our discontinued logistics business.
  • Certain items in the consolidated cash flow statements have been adjusted for non-cash movements, principally assets acquired under finance leases, foreign exchange effects and newly consolidated and deconsolidated entities. As a result these amounts do not correspond to the differences between the balance sheet amounts for the respective items.
  • The accompanying notes form an integral part of the financial statements.
  • The figures # O in the line items of these financial statements refer to the notes to the financial statements.
top2005 Annual Report and Form 20-F TNT logo