38. Capital

The authorised capital totals EUR 1 billion and is divided into 20 million shares, each with a nominal value of EUR 50. At year-end, there were 6,113,764 shares (2010: 4,987,038 shares), each of EUR 50, issued to and fully paid up by Stichting Administratiekantoor Aandelen Triodos Bank. As at the same date, Stichting Administratiekantoor Aandelen Triodos Bank had also issued 6,113,764 depository receipts (2010: 4,987,038 depository receipts), each of EUR 50.

The movement in the number of shares is as follows:

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2011

2010

 

 

 

Number of shares as at 1 January

4,987,038

4,420,588

Increase of share capital

1,032,382

483,814

Stock dividend

94,344

82,636

 

 

 

 

 

 

Number of shares as at 31 December

6,113,764

4,987,038

 

 

 

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