Catom Annual Report 2020 EN

27. Statutory reserve and reserve under the articles of association

€

31-12-2020 31-12-2019

Balance as at 1 January

43,647

77,757

Release and corresponding credit to other reserves

-13,647

-34,110

Balance as at 31 December

30,000

43,647

Pursuant to statutory provisions, a statutory non-distributable reserve has been recognised for the capitalisation of research and development costs incurred by ShopPoint B.V.

28. Other reserves

€

31-12-2020 31-12-2019

Balance as at 1 January

13,892,592

13,486,097

Proposed profit appropriation

5,350,502

10,788,884

Movement in statutory reserve

13,647

34,110

Dividend available for distribution

0

0

Proposed dividend

-5,400,000 -10,700,000

Transfer to revaluation reserve

0

0

Realised revaluation reserve

162,784

283,500

Other

-4

1

Balance as at 31 December

14,019,521

13,892,592

29. Provisions

€

31-12-2020 31-12-2019

Provision for participating interests

1,002,859

1,560,132

90