Annual Report - EDP

: financial report :EDP - Energias de Portugal, S.A.Company Statement of Changes in Equity as at31 December 2012 and 2011Fair value Fair valueReserves reserve reserveTotal Share Share Legal and retained (Cash flow (AFS TreasuryThousands of Euros Equity capital premium reserve earnings hedge) investments) stockBalance as at 31 December 2010 6,702,149 3,656,538 503,923 502,888 1,997,977 17,813 132,646 -109,636Comprehensive income:Net profit for the year 785,804 - - - 785,804 - - -Changes in the fair value reserve (cash flow hedge)net of taxes -15,345 - - - - -15,345 - -Changes in the fair value reserve (available for saleinvestments) net of taxes -122,429 - - - - - -122,429 -Total comprehensive income for the year 648,030 - - - 785,804 -15,345 -122,429 -Transfer to legal reserve - - - 36,257 -36,257 - - -Dividends paid -616,581 - - - -616,581 - - -Purchase and sale of treasury stock 1,141 - - - -1,114 - - 2,255Share-based payments 2,046 - - - - - - 2,046Balance as at 31 December 2011 6,736,785 3,656,538 503,923 539,145 2,129,829 2,468 10,217 -105,335Comprehensive income:Net profit for the year 832,682 - - - 832,682 - - -Changes in the fair value reserve (cash flow hedge)net of taxes -13,599 - - - - -13,599 - -Changes in the fair value reserve (available for saleinvestments) net of taxes -22 - - - - - -22 -Total comprehensive income for the year 819,061 - - - 832,682 -13,599 -22 -Transfer to legal reserve - - - 39,290 -39,290 - - -Dividends paid -670,829 - - - -670,829 - - -Purchase and sale of treasury stock -857 - - - -6,565 - - 5,708Share-based payments 2,051 - - - 35 - - 2,016Balance as at 31 December 2012 6,886,211 3,656,538 503,923 578,435 2,245,862 -11,131 10,195 -97,611LISBON, 5 MARCH 2013THE OFFICIAL ACCOUNTANT THE MANAGEMENT THE EXECUTIVE BOARD OF DIRECTORSN.º 17,713The following notes form an integral part of these consolidated financial statementsThe following notes form an integral part of these financial statementsEDP - Annual Report 2012169