05 Financial performance 2024 consolidated financial statements Consolidated statement of changes in equity (in € millions) Share capital (note 15) Share premiums (note 15) Reserves (note 15) Non-controlling interests Total equity At January 1, 2023 357 2,702 14,051 6 17,116 Net income - - 1,983 - 1,983 Other comprehensive income/(loss) - - (275) - (275) Total comprehensive income - - 1,708 - 1,708 Issuance of shares - - - - - Share buybacks - - - - - Cancellation of shares - - - - - Dividends and other appropriations - - (894) (2) (896) Share-based payments – current service cost - - 30 - 30 Sales of treasury shares - - - - - Other - - 1 (1) - At December 31, 2023 357 2,702 14,896 3 17,958 Net income - - 1,884 6 1,890 Other comprehensive income - - 72 - 72 Total comprehensive income - - 1,956 6 1,962 Issuance of shares 3 119 - - 122 Share buybacks - - (502) - (502) Cancellation of shares (7) (495) 502 - - Dividends and other appropriations - - (964) (2) (966) Share-based payments – current service cost - - 61 - 61 Sales of treasury shares - - - - - Other - - (2) 2 - AT DECEMBER 31, 2024 353 2,326 15,946 9 18,634 357 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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