| 17. | Share capital, additional paid-in capital, share premium and other reserves |
The Capital of the Company is divided by two classes. Each class A share has the right to ten votes at a meeting of shareholders and each class B share has the right to one vote at a meeting of shareholders. The class A shares and the class B shares have the right to an equal share in any dividend or other distribution the Company pays and have nominal of EUR 0.0005 each.
| Authorised shares | As of December 31, 2015 |
As of December 31, 2016 |
As of December 31, 2017 |
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| Thousands | Thousands | Thousands | ||||||||||
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Ordinary Class A shares |
133,017 | 133,017 | 131,778 | |||||||||
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Ordinary Class B shares |
97,833 | 97,833 | 99,072 | |||||||||
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Total authorised shares |
230,850 | 230,850 | 230,850 | |||||||||
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| Issued and fully paid shares | As of December 31, 2015 |
As of December 31, 2016 |
As of December 31, 2017 |
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| Thousands | Thousands | Thousands | ||||||||||
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Ordinary Class A shares |
15,517 | 15,517 | 14,278 | |||||||||
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Ordinary Class B shares |
44,902 | 45,080 | 46,655 | |||||||||
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Total issued and fully paid shares |
60,419 | 60,597 | 60,933 | |||||||||
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For the year ended December 31, 2017 and 2016 the share capital and share premium movement was the following:
| Number of issued shares |
Share capital |
Share premium |
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As of December 31, 2015 |
60,419 | 1 | 12,068 | |||||||||
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Increase of share capital due to exercise of options by employees during the year |
178 | — | — | |||||||||
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As of December 31, 2016 |
60,597 | 1 | 12,068 | |||||||||
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Increase of share capital due to exercise of options by employees during the year |
336 | — | — | |||||||||
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As of December 31, 2017 |
60,933 | 1 | 12,068 | |||||||||
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In case of liquidation, the Company’s assets remaining after settlement with creditors, payment of dividends and redemption of the par value of shares is distributed among the ordinary shareholders proportionately to the number of shares owned.
The other reserves of the Group’s equity represent the financial effects from changes in equity settled share-based payments to employees, acquisitions and disposals, as well as other operations with non-controlling interests in the subsidiaries without loss of control.