ANNUAL REPORT 2018

Consolidated Statement of Changes in Equity

for the 2018 financial year (January 1 to December 31, 2018)

in CHF 1 000

Share capital

Treasury shares

Capital reserves

Retained earnings

Translation differences

Total equity

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 1)

-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

January 1, 2018

44 630

-703

90 929

145 643

-25 277

255 222

Translation differences

-5 200

-5 200

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

141

141

Other line items

339

339

Total other comprehensive income

480

-5 200

-4 720

Net income attributable to Feintool Holding shareholders

30 478

30 478

Total comprehensive income attributable to Feintool Holding shareholders

30 958

-5 200

25 758

Capital increase 3)

4 518

45 479

49 997

Dividend 4)

-8 924

-8 924

Purchase/(sale) of treasury shares

-2 062

-2 062

Share-based management remuneration 2)

985

-215

770

December 31, 2018

49 148

-1 780

127 269

176 601

-30 477

320 761

1) 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.

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

3) On September 20, 2018, 451 871 new shares, each with a nominal value of CHF 10, were issued as capital increase. The shares were issued entirely from the "authorized capital". Further information is provided in Note 27.

4) The General Meeting held on April 24, 2018 approved the Board of Directors' proposed dividend distribution of CHF 2.00 per registered share from earnings for the financial year ended December 31, 2017.