consolidated statement of changes in shareholders’ equity

for the fiscal years 2025 and 2024 in €k

Balance as of January 1, 2024	192,000,000	192,000	2,197,720	2,980,528	19,183,705	–459,793	104	–12,535	4,898,024	657,028	5,555,052
Net income (after discontinued operations)	0	0	0	–47,583	0	0	0	0	–47,583	105,878	58,295
Other comprehensive income	0	0	0	19,323	0	0	2,633	7,309	29,265	3,503	32,768
Total comprehensive income	0	0	0	–28,260	0	0	2,633	7,309	–18,319	109,381	91,063
Issue of treasury shares	0	0	0	–503	–21,016	503	0	0	0	0	0
Employee stock ownership plans	0	0	1,738	0	0	0	0	0	1,738	–526	1,212
Dividend payments	0	0	0	–86,408	0	0	0	0	–86,408	0	–86,408
Profit distributions	0	0	0	0	0	0	0	0	0	–1,893	–1,893
Transactions with shareholders	0	0	0	–14,292	0	0	0	0	–14,292	–503	–14,794
Other transactions	0	0	0	429	0	0	0	74	503	0	503
Balance as of December 31, 2024	192,000,000	192,000	2,199,458	2,851,493	19,162,689	‑459,290	2,737	–5,152	4,781,247	763,487	5,544,734
Balance as of January 1, 2025	192,000,000	192,000	2,199,458	2,851,493	19,162,689	‑459,290	2,737	–5,152	4,781,247	763,487	5,544,734
Net income (after discontinued operations)	0	0	0	284,915	0	0	0	0	284,915	109,772	394,687
Other comprehensive income	0	0	0	–48,286	0	0	–4,689	–11,710	–64,685	–4,675	–69,360
Total comprehensive income	0	0	0	236,629	0	0	–4,689	–11,710	220,230	105,097	325,327
Employee stock ownership plans	0	0	–27,920	0	0	0	0	0	–27,920	–12,572	–40,492
Dividend payments	0	0	0	–328,391	0	0	0	0	–328,391	0	–328,391
Profit distributions	0	0	0	0	0	0	0	0	0	–1,673	–1,673
Transactions with shareholders	0	0	68,319	–32,886	0	0	0	0	35,433	–307,761	–272,328
Other transactions	0	0	0	–19	0	0	0	19	0	0	0
Balance as of December 31, 2025	192,000,000	192,000	2,239,857	2,726,826	19,162,689	‑459,290	–1,952	–16,843	4,680,598	546,578	5,227,176

	Capital stock		Capital reserves	Accumulated profit	Treasury shares		Revaluation reserves	Currency translation difference	Equity attributable to shareholders of United Internet AG	Non‑controlling interests	Total equity
Note	38		39	39	40		39, 26	39		41
	Units	€k	€k	€k	Units	€k	€k	€k	€k	€k	€k

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