Statement of comprehensive income for the period January 1 to December 31, 2020

 

2020 € million 2019 € million
Net profit 5.034 7.046
Other comprehensive income/loss 377 1.055
Items that may be reclassified to the income statement 742 1.174
Gains and losses on debt instruments measured at fair value through other comprehensive income 1.185 1.668
Exchange differences on currency translation of foreign operations –32 –1
Gains and losses on hedges of net investments in foreign operations 3 4
Share of other comprehensive income/loss of joint ventures and associates accounted for using the equity method –6 1
Income taxes –408 –498
Items that will not be reclassified to the income statement –365 –119
Gains and losses on equity instruments for which the fair value OCI option has been exercised –77 453
Gains and losses in relation to financial liabilities for which the fair value option has been exercised, attributable to changes in own credit risk –60 –96
Gains and losses arising on remeasurements of defined benefit plans –317 –740
Income taxes 89 264
Total comprehensive income 5.411 8.101
Attributable to:
Shareholders of the Cooperative Financial Network 5.263 7.803
Non–controlling interests 148 298