17. Equity

EUR million	31 Dec 2015	31 Dec 2014
Share capital as at 1 Jan	58.0	58.0
Share capital as at 31 Dec	58.0	58.0
Share premium as at 1 Jan	35.8	35.8
Share premium as at 31 Dec	35.8	35.8
Revaluation reserve as at 1 Jan	2.1	2.1
Decreases	-2.1
Revaluation reserve as at 31 Dec	0.0	2.1
Contingency fund as at 1 Jan	0.0	0.0
Contingency fund as at 31 Dec	0.0	0.0
Reserve for invested unrestricted equity as at 1 Jan	17.9	17.9
Reserve for invested unrestricted equity as at 31 Dec	17.9	17.9
Retained earnings as at 1 Jan	33.5	27.6
Dividend distribution	-22.2	-16.3
Retained earnings as at 31 Dec	11.3	11.3
Profit for the period	159.6	22.2
Total	282.6	147.3

Calculation on distributable equity
EUR million	31 Dec 2015	31 Dec 2014
Reserve for invested unrestricted equity	17.9	17.9
Retained earnings	11.3	11.3
Profit for the period	159.6	22.2
Total	188.7	51.3

The parent company’s share capital by share class
million shares	31 Dec 2015	31 Dec 2014
Series A (20 votes per share)	7.4	7.4