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Shareholders’ equity


Shareholders’ equity was €5.6 billion at year-end. This decrease of €0.2 billion is mainly due to the net effect of:

  • Net income of €724 million

Offset by:

  • A decrease in cumulative translation reserves of €413 million due to the stronger euro
  • A decrease in cumulative translation reserves of €65 million due to realization of the cumulative translation reserves related to the divested Decorative Paints North America business.
  • Actuarial losses (before tax) of €200 million
  • Dividend payments of €210 million
Copyright © 2014 Akzo Nobel N.V.