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Share Capital and reserves (Tables)
 12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Summary of Changes in Equity Interest

As at December 31, 2018, 2017 and January 1, 2017 the equity attributable to owners of the Company is analysed as follows:

 

     31/12/18      31/12/17      01/01/17  

Share capital

      54,853        54,853        54,853  

Reserves

      17,198        16,398        24,065  

Retained earnings

      64,496        31,244        61,636  
  

 

 

     

 

 

     

 

 

  

Total

      136,547        102,495        140,554  
  

 

 

     

 

 

     

 

 

  
Disclosure of Share Capital Owned

Share capital is owned, as at December 31, 2018 and 2017, as follows:

 

     31/12/18     31/12/17     01/01/17  

Mr. Pasquale Natuzzi

      56.5 %      56.5 %      56.5 % 

Mrs. Anna Maria Natuzzi

      2.6 %      2.6 %      2.6 % 

Mrs. Annunziata Natuzzi

      2.5 %      2.5 %      2.5 % 

Other investors

      38.4 %      38.4 %      38.4 % 
  

 

 

    

 

 

    

 

 

  

Total

      100.0 %      100.0 %      100.0 % 
  

 

 

    

 

 

    

 

 

  
Analysis of Share Capital Reserves

An analysis of “Reserves” is as follows:

 

     31/12/18      31/12/17      01/01/17  

Legal reserve

      10,971        10,971        10,971  

Majority shareholder capital contribution

      488        488        488  

Foreign operations translation reserve

      5,282        5,055        12,606  

Remeasurement of defined benefit plan

      457        (116 )       —    
  

 

 

     

 

 

     

 

 

  

Total

      17,198        16,398        24,065  
  

 

 

     

 

 

     

 

 

  
Analysis of Share Capital Reserves

The disaggregation of changes of OCI by each type of reserve in equity is shown in the tables below.

 

Year ended December 31, 2018

 

     Foreign operations
translation reserve		      Remeasurement of
defined benefit plan		      Total  

Exchange difference on translation of foreign operations

      497        —          497  

Share of OCI of equity-method investees

      (246 )       —          (246 ) 

Actuarial gains on employees’ leaving entitlement

      —          573        573  
  

 

 

     

 

 

     

 

 

  

Total

      251        573        824  
  

 

 

     

 

 

     

 

 

  

Year ended December 31, 2017

 

     Foreign operations
translation reserve		      Remeasurement of
defined benefit plan		      Total  

Exchange difference on translation of foreign operations

      (7,778 )       —          (7,778 ) 

Actuarial gains on employees’ leaving entitlement

      —          (116 )       (116 ) 
  

 

 

     

 

 

     

 

 

  

Total

      (7,778 )       (116 )       (7,894 )