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At 31 December

CHF (thousands)NoteShare capitalCapital reservesTreasury sharesRetained earningsTotal excluding Minority sharesMinority sharesTotal incl. Minority shares
Equity at 01/01/20158,753-2,259-1,561450,542455,4755,350460,825
Acquisition of own shares22-1-1,517-1,518-1,518
Sale of treasury shares224631,6982,1612,161
Annual profit36,21136,21127436,485
Dividends-10,461-10,461-21-10,482
Equity at 31/12/20158,753-1,797-1,380476,292481,8685,603487,471
Acquisition of own shares22-11-1,943-1,954-1,954
Sale of treasury shares22-422,8812,8392,839
Annual profit30,90230,9026230,964
Dividends-11,654-11,654-23-11,677
Purchase of subsidiary shares230-3,526-3,526
Founding of Grindelwald Grund Infrastruktur AG2302,0002,000
Equity at 31/12/20168,753-1,850-442495,540502,0014,116506,117