Consolidated statement of changes in shareholders’ equity

CHF million					Retained earnings
	Share capital	Capital reserves	Treasury shares	Hedging reserves	Revaluation reserves	Other retained reserves	Total
As at 1 January 2017	797.1	141.1	–1.7	–35.4	192.9	992.8	2 086.8
Net profit						66.0	66.0
Valuation of financial instruments				5.2			5.2
Changes in employee benefits						8.0	8.0
Total comprehensive income				5.2		74.0	79.2
Purchase treasury shares			–11.5				–11.5
Sale treasury shares			10.8			0.3	11.1
Pay-out of reserves from capital contributions		–91.7					–91.7
Share-based reimbursement			0.1				0.1
Reclassification					6.7	–6.7	0.0
As at 30 June 2017	797.1	49.4	–2.3	–30.2	199.6	1 060.4	2 074.0
Net profit						63.2	63.2
Valuation of financial instruments				5.1			5.1
Changes in employee benefits						11.1	11.1
Total comprehensive income				5.1		74.3	79.4
Purchase treasury shares			–16.1				–16.1
Sale treasury shares			13.5			–0.1	13.4
Reclassification					14.6	–14.6	0.0
As at 31 December 2017 (audited)	797.1	49.4	–4.9	–25.1	214.2	1 120.0	2 150.7
First adoption IFRS 15						1.5	1.5

Net profit						70.3	70.3
Changes in financial instruments				4.7			4.7
Changes in employee benefits						1.6	1.6
Total comprehensive income				4.7		71.9	76.6
Purchase treasury shares			–18.4				–18.4
Sale treasury shares			14.3				14.3
Nominal value reduction / payment to shareholders	–781.2	681.9					–99.3
Share-based reimbursement			0.1				0.1
Reclassification					8.7	–8.7	0.0
As at 30 June 2018	15.9	731.3	–8.9	–20.4	222.9	1 184.7	2 125.5