ANNUAL REPORT 2017

Consolidated Statement of Changes in Equity

for the 2017 financial year (January 1 to December 31, 2017)

in CHF 1 000

Share capital

Treasury shares

Capital reserves

Retained earnings

Translation differences

Total equity

January 1, 2016

44 630

-905

106 224

87 435

-29 515

207 869

Translation differences

1 643

1 643

Reassessment of net defined benefit liability (asset), net of tax

-5 404

-5 404

Total other comprehensive income

-5 404

1 643

-3 761

Net income attributable to Feintool Holding shareholders

32 062

32 062

Total comprehensive income attributable to Feintool Holding shareholders

26 658

1 643

28 301

Dividend 1)

-6 686

-6 686

Purchase/(sale) of treasury shares

-510

-510

Share-based management remuneration 2)

755

196

951

December 31, 2016

44 630

-660

99 734

114 093

-27 872

229 925

January 1, 2017

44 630

-660

99 734

114 093

-27 872

229 925

Translation differences

2 595

2 595

Reassessment of net defined benefit liability (asset), net of tax

3 942

3 942

Other line items

-135

-135

Total other comprehensive income

3 807

2 595

6 402

Net income attributable to Feintool Holding shareholders

27 743

27 743

Total comprehensive income attributable to Feintool Holding shareholders

31 550

2 595

34 145

Dividend 3)

-8 923

-8 923

Purchase/(sale) of treasury shares

-785

-785

Share-based management remuneration 2)

742

118

860

December 31, 2017

44 630

-703

90 929

145 643

-25 277

255 222

1) The General Meeting held on April 19, 2016 approved the Board of Directors' proposed dividend distribution of CHF 1.50 per registered share from earnings for the financial year ended December 31, 2015.

2) The share based management remuneration involves payment of part of the salary in shares. See Note 28.

3) The General Meeting held on April 25, 2017 approved the Board of Directors' proposed dividend distribution of CHF 2.00 per registered share from earnings for the financial year ended December 31, 2016.