Statement of Changes in Equity

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Accumulated currency translation differences (€ thousands) Equity attributable to shareholders of KSB AG Non-controlling interests Total equity
Balance at 1 Jan. 2014 – 79,220 – 30,766 – 109,986
Change in 2014 26,074 12,760 38,834
Balance at 31 Dec. 2014 / 1 Jan. 2015 (adjusted) – 53,146 – 18,006 – 71,152
Change in 2015 – 8,352 9,510 1,158
Balance at 31 Dec. 2015 – 61,498 – 8,496 – 69,994
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