The equity of Net Facile, an Italian internet provider, as at 30 September 2005 and 2004 is as follows (amounts in millions of euro):
|
2005
|
2004
|
Shareholders' equity
|
|
|
Issued capital
|
1,000
|
800
|
Share premium reserve
|
10,000
|
5,000
|
Retained earnings
|
50
|
200
|
Total shareholder's equity
|
11,050
|
6,000
|
The net profit for the year ended 30 September 2005 was EUR 150 million. During the same year, Net Facile issued 4,000,000 new shares at a par value of EUR 50 each. The total amount received was EUR 5,200 million.
Prepare a statement of changes in equity for year ended 30 September 2005.