ANNUAL REPORT 2010 235 SHARPENING OUR FOCUS NOTE 9  SHAREHOLDERS’ EQUITY  Share  capital Paid-in- surplus Revaluation  account Legal  reserves  FCTR Legal  reserves  group  companies Retained  earnings Treasury  shares Net  income /  (loss) Total At January 1, 2010 278 7,906 (1,374) (2,295) 1,476 6,220 (251) 204 12,164 Net loss 2009 retained – – – – – 204 – (204) – Net income 2010 – – – – – – – 1,759 1,759 Total net income / (loss) – – – – – 204 – 1,555 1,759 Foreign currency translation  differences and movement in foreign  investment hedging reserves – – – 995 – – – – 995 Changes in revaluation subsidiaries – – 2,689 – – – – – 2,689 Transfer to legal reserve – – (125) – 2,214 (2,114) – – (25) Disposal of group assets – – (22) – – – – – (22) Other – – – (17) – 7 – – (10) Other comprehensive income / (loss) – – 2,542 978 2,214 (2,107) – – 3,627 Dividend preferred shares – – – – – (90) – – (90) Coupons and premium on convertible  core capital securities and coupon  on perpetual securities, net of tax – – – – – (250) – – (250) Other – – – – – 1 (1) – – Changes in equity from relation  with shareholders – – – – – (339) (1) – (340) AT DECEMBER 31, 2010 278 7,906 1,168 (1,317) 3,690 3,978 (252) 1,759 17,210