Equity
The authorised share capital amounts to € 3,840,192, including 4,800,000 ordinary shares with a nominal value of € 0.40, 800,000 preference shares with a nominal value of € 2.40 and 80 priority shares with an nominal value of € 2.40. Issued and fully paid up are 2,408,244 ordinary shares and 80 priority shares. Earnings per share have been calculated taking in account 2,408,244 ordinary shares.           
On 16 May 2008 the shareholders voted for a stock split of the ordinary shares of Batenburg Beheer N.V. in the ratio of 1:2. The figures of former years in this annual report are adjusted for the effects of the split.
Preference shares can be issued not fully paid in. The articles of association of Batenburg Beheer grant these shares a yield preference based on the refunding rate of the European Central Bank.                                   

The priority shares are owned by the foundation "Stichting J.C. Hoogerheide tot beheer van de prioriteitsaandelen van Batenburg Beheer N.V.".                    

A description of the rights of preference shares and priority shares will be presented in the chapter "Other information".
                           
Unappropriated result
It is proposed to shareholders to pay a dividend of € 2,889,902, which amounts to € 1.20 per ordinary share. In 2008 € 1.20 per ordinary share has been paid as dividend. Profit allocation has not been booked in balance at year-end and there are no consequences for income taxes.  

                                                         
Solvency
Solvency at 31 December 2008 amounts to 61.3% (31 December 2007: 57.2%). At 31 December 2008 solvency on the basis of the balance sheet adjusted for capitalised goodwill amounts to 54.1% (31 December 2007: 49.4%).