Statement of changes in OP Financial Group equity capital
                           

Attributable to OP Financial Group's owners    
EUR million Notes Share
and
cooper-
ative
capital		 Fair
value
reserve**		 Other
reserves		 Retained
earnings		 Total Non-
controlling
interests		 Total equity capital
Balance at 1 Jan. 2014 339 328 2,739 4,218 7,625 100 7,724
Total comprehensive
income for the period		 - 175 - 279 454 32 486
  Profit for the period - - - 599 599 8 607
  Other comprehensive income - 175 - -321 -145 24 -121
Holdings in Pohjola Bank plc purchased
from non-controlling interests*		 -199 -78 -512 -1,633 -2,422 - -2,422
Increase in cooperative capital 45 1,568 - 0 - 1,568 - 1,568
Transfer of reserves - - 26 -26 - - -
Profit distribution - - 0 -76 -76 - -76
Share-based payments - - - -2 -2 - -2
Other 0 - -257 254 -3 -62 -65
Balance at 31 Dec. 2014 1,709 425 1,996 3,014 7,144 69 7,213


Attributable to OP Financial Group's owners    
EUR million Notes Cooper-
ative
capital		 Fair
value
reserve**		 Other
reserves		 Retained
earnings		 Total Non-
controlling
interests		 Total equity capital
Balance at 1 Jan. 2015 1,709 425 1,996 3,014 7,144 69 7,213
Total comprehensive income
for the period		 - -185 - 1,260 1,075 16 1,091
  Profit for the period - - - 845 845 8 853
  Other comprehensive income - -185 - 415 230 8 239
One-off effect of transfer of POP
Group banks to OP Financial Group		 - 1 67 48 116 - 116
Increase in cooperative capital 45 947 - - - 947 - 947
Transfer of reserves - - 22 -22 - - -
Profit distribution - - - -21 -21 - -21
Other - - - -8 -8 -15 -22
Balance at 31 Dec. 2015 2,656 242 2,085 4,271 9,254 70 9,324
                               


* The total purchase price paid by OP Cooperative for Pohjola Bank plc shares based on the tender offer has been subtracted from equity capital.

** Note 43