8. Legal Reserve
The legal reserve cannot be used for dividend distribution and consists of:
in thousands of EUR | 31 December 2016 | 31 December 2015 |
|---|---|---|
Reserves - subsidiaries | - 26,419 | 351 |
Loans to shareholders (LTIP) | 7,029 | 9,916 |
- 19,390 | 10,267 | |
The legal reserve cannot be used for dividend distribution and consists of:
in thousands of EUR | 31 December 2016 | 31 December 2015 |
|---|---|---|
Reserves - subsidiaries | - 26,419 | 351 |
Loans to shareholders (LTIP) | 7,029 | 9,916 |
- 19,390 | 10,267 | |