Statement of comprehensive income for the period January 1 to December 31, 2019

 

2019 € million 2018 € million
Net profit 7,046 5,402
Other comprehensive income/loss 1,055 –453
Items that may be reclassified to the income statement 1,174 –444
Gains and losses on debt instruments measured at fair value through other comprehensive income 1,668 –655
Gains and losses on cash flow hedges –5
Exchange differences on currency translation of foreign operations –1 25
Gains and losses on hedges of net investments in foreign operations 4 –6
Share of other comprehensive income/loss of joint ventures and associates accounted for using the equity method 1
Income taxes –498 197
Items that will not be reclassified to the income statement –119 –9
Gains and losses on equity instruments for which the fair value OCI option has been exercised 453 –8
Gains and losses in relation to financial liabilities for which the fair value option has been exercised, attributable to changes in own credit risk –96 35
Gains and losses arising from remeasurements of defined benefit plans –740 –42
Income taxes 264 6
Total comprehensive income 8,101 4,949
Attributable to:
Shareholders of the Cooperative Financial Network 7,803 4,915
Non-controlling interests 298 34