MONCLER ANNUAL REPORT AT 31 DECEMBER 2020SEPARATE FINANCIAL STATEMENTS 143142

CHANGES IN EQUITY

Statement of changes in equity (Euro) Notes

Share capital

Premium reserve

Legal reserve

Other comprehensive income

Other reserves IFRS 2 reserve

Revaluation reserve FTA reserve

Retained earnings

Result of the period Net Equity

Shareholders' equity at 1 January 2019 4.15 51,164,025 171,593,981 10,300,000 (108,075) 79,102,013 0 (20,638) 25,078,791 138,742,201 475,852,298

Allocation of Last Year Result 0 0 0 0 0 12,261 0 138,729,940 (138,742,201) 0

Share capital and reserves increase 431,880 677,880 0 0 0 0 0 (423,480) 0 686,280

Reclassification 0 0 0 0 0 0 0 0 0 0

Dividends 0 0 0 0 0 0 0 (100,849,568) 0 (100,849,568)

Other movements in Equity 0 0 0 4,897 (41,878,189) 0 0 51,712,039 0 9,838,747

Result of the period 0 0 0 0 0 0 0 0 157,649,576 157,649,576

Shareholders' equity at 31 December 2019 4.15 51,595,905 172,271,861 10,300,000 (103,178) 37,223,824 12,261 (20,638) 114,247,722 157,649,576 543,177,333

Shareholders' equity at 1 January 2020 4.15 51,595,905 172,271,861 10,300,000 (103,178) 37,223,824 12,261 (20,638) 114,247,722 157,649,576 543,177,333

Allocation of Last Year Result 0 0 19,181 0 0 7,134 0 157,623,261 (157,649,576) 0

Share capital and reserves increase 74,620 1,102,362 0 0 0 0 0 (60,960) 0 1,116,022

Reclassification 0 0 0 0 0 0 0 0 0 0

Dividends 0 0 0 0 0 0 0 0 0 0

Other movements in Equity 0 0 0 (90,274) 21,227,983 0 0 7,996,998 0 29,134,707

Result of the period 0 0 0 0 0 0 0 0 173,929,732 173,929,732

Shareholders' equity at 31 December 2020 4.15 51,670,525 173,374,223 10,319,181 (193,452) 58,451,807 19,395 (20,638) 279,807,021 173,929,732 747,357,794