Statement of Changes in Equity

(€ thousands)   Subscribed
capital
of KSB AG
 
Capital reserve
of KSB AG
  Revenue
reserves
  Equity attributable to shareholders
of KSB AG
  Non-controlling
interest
  Total
equity
1 Jan. 2009   44,772   66,663   412,770   524,205   81,615   605,820
Measurement of financial instruments       640   640   143   783
Currency translation differences       15,690   15,690   – 1,042   14,648
Other income and expense recognised directly in equity  
 
 
1,074
 
1,074
 
– 190
 
884
Total earnings recognised
directly in equity
 
 
 
17,404
 
17,404
 
– 1,089
 
16,315
Earnings after income taxes       107,614   107,614   14,744   122,358
Total recognised income
and expense
 
 
 
125,018
 
125,018
 
13,655
 
138,673
Dividends paid       – 22,116   – 22,116   – 1,815   – 23,931
Capital increases / decreases            
Change in consolidated Group /
Successive acquisitions
 
 
 
 
 
 
31 Dec. 2009   44,772   66,663   515,672   627,107   93,455   720,562
(€ thousands)   Subscribed
capital
of KSB AG
  Capital reserve
of KSB AG
  Revenue
reserves
  Equity attributable to shareholders
of KSB AG
  Non-controlling
interest
  Total
equity
1 Jan. 2010   44,772   66,663   515,672   627,107   93,455   720,562
Measurement of financial instruments       – 242   – 242   – 34   – 276
Currency translation differences       30,626   30,626   8,473   39,099
Other income and expense recognised directly in equity  
 
 
143
 
143
 
40
 
183
Total recognised
directly in equity
 
 
 
30,527
 
30,527
 
8,479
 
39,006
Earnings after income taxes       77,435   77,435   12,525   89,960
Total recognised income
and expense
 
 
 
107,962
 
107,962
 
21,004
 
128,966
Dividends paid       – 21,240   – 21,240   – 2,926   – 24,166  
Capital increases / decreases            
Change in consolidated Group /
Successive acquisitions
 
 
 
167
 
167
 
 
167
Other           37   37
31 Dec. 2010   44,772   66,663   602,561   713,996   111,570   825,566
Accumulated currency translation differences (€ thousands)   Equity attributable to shareholders
of KSB AG
  Non-controlling
interest
  Total
equity
Balance at 1 Jan. 2009   – 60,803   – 20,372   – 81,175
Change 2009   15,690   – 1,042   14,648
Balance at 31 Dec. 2009 / 1 Jan. 2009   – 45,113   – 21,414   – 66,527
Change 2010   30,626   8,473   39,099
Balance at 31 Dec. 2010   – 14,487   – 12,941   – 27,428

The changes in the consolidated Group did not have any material impact on the equity items; the same would have been reported in the prior-period consolidated financial statements.