5.4 Statement of changes in equity

In millions of euros Share capital Share premium reserve ordinary capital Revaluation reserve – IFRS transition 2 Legal reserve participations Hedging reserve 1 Other reserves 1 Profit for the year Equity attributable to Vitens shareholders
From 1 January 2024 5,8 147,2 10,0 4,6 -18,5 501,4 27,2 677,7
                 
Appropriation of profit 2023  -   -   -   -   -  27,2 -27,2  - 
                 
Profit for financial year 2024  -   -   -   -   -   -  34,5 34,5
Other total profit 2024  -   -   -   -  0,8  -   -  0,8
Other changes  -   -  -2,7 0,1 0,6 2,6  -  0,6
Total profit 2024  -   -  -2,7 0,1 1,4 2,6 34,5 35,9
                 
as of 31 December 2024 5,8 147,2 7,3 4,7 -17,1 531,2 34,5 713,6
                 
Allocation of 2024 profit  -   -   -   -   -  34,5  -34,5   - 
                 
Profit for financial year 2025  -   -   -   -   -   -   90,6   90,6 
Other total profit 2025  -   -   -   -   4,3   -   -   4,3 
Other changes  -   -   -2,6   -0,2   0,6   2,8   -   0,6 
Total profit 2024  -   -   -2,6   -0,2   4,9   2,8   90,6   95,5 
                 
as of 31 December 2025  5,8   147,2   4,8   4,5   -12,2   568,4   90,6   809,1 
1. The balance of the hedging reserve and other reserves is freely distributable. Other reserves refer to a reserve due to accumulated retained earnings.
2. The IFRS transition revaluation reserve was formed for the 2006 valuation gains on transport and main and raw water and site pipelines at production sites. A weighted average age (or investment year) of 1977 has been assumed for transport and main pipes, making this revaluation zero in 2027. For raw water and site pipes at production sites, a weighted average age (or investment year) of 1996 has been assumed, causing this revaluation to decrease to zero in 2036.