| Difference from | ||||||||||
| € millions | Subscribed capital 1 | Capital reserves |
Retained earnings |
Successive purchases2 |
remeasure- ment of defined benefit plans3 |
currency translation4 |
financial instru- ments5 |
Subtotal | Non-controlling interests |
Total |
| As at January 1, 2018 | 512.0 | 4,155.6 | 13,669.3 | -183.3 | -1,720.7 | -610.2 | 5.7 | 15,828.4 | 461.9 | 16,290.3 |
| Effects from the first-time adoption of new standards (IFRS 9/15)6 | — | — | 30.8 | — | — | — | -3.4 | 27.4 | -0.1 | 27.3 |
| Adjusted as at January 1, 2018 | 512.0 | 4,155.6 | 13,700.1 | -183.3 | -1,720.7 | -610.2 | 2.3 | 15,855.8 | 461.8 | 16,317.6 |
| Net income | — | — | 2,897.3 | — | — | — | — | 2,897.3 | 61.0 | 2,958.3 |
| Comprehensive income | — | — | -0.2 | — | -74.8 | 100.2 | -5.6 | 19.6 | 9.3 | 28.9 |
| Net profit for the period | — | — | 2,897.1 | — | -74.8 | 100.2 | -5.6 | 2,916.9 | 70.3 | 2,987.2 |
| Dividends paid | — | — | -900.0 | — | — | — | — | -900.0 | -45.6 | -945.6 |
| Successive purchases | — | — | — | -21.0 | — | — | — | -21.0 | -0.8 | -21.8 |
| Other changes7 | — | — | — | -1.3 | — | — | — | -1.3 | -2.8 | -4.1 |
| As at December 31, 2018 | 512.0 | 4,155.6 | 15,697.2 | -205.6 | -1,795.5 | -510.0 | -3.3 | 17,850.4 | 482.9 | 18,333.3 |
| Net income | — | — | -1,225.0 | — | — | — | — | -1,225.0 | 54.0 | -1,171.0 |
| Comprehensive income | — | — | -0.1 | — | -570.9 | 276.9 | -4.2 | -298.3 | 9.8 | -288.5 |
| Net profit for the period | — | — | -1,225.1 | — | -570.9 | 276.9 | -4.2 | -1,523.3 | 63.8 | -1,459.5 |
| Dividends paid/resolved | — | — | -950.0 | — | — | — | — | -950.0 | -35.7 | -985.7 |
| Successive purchases | — | — | — | 18.0 | — | — | — | 18.0 | -33.3 | -15.3 |
| Other changes7 | — | — | — | 0.2 | — | — | — | 0.2 | 2.7 | 2.9 |
| As at December 31, 2019 | 512.0 | 4,155.6 | 13,522.1 | -187.4 | -2,366.4 | -233.1 | -7.5 | 15,395.3 | 480.4 | 15,875.7 |
1 Divided into 200,005,983 shares outstanding.
2 Includes an amount of €18.0 million (PY: -€20.7 million) from successive purchases of shares in fully consolidated companies (of which €29.2 million relates to the exercise of the put option for Zonar Systems Inc. and -€11.2 million to the acquisition of remaining shares in ContiTech Fluid Technology (Changchun) Co., Ltd. (formerly ContiTech Grand Ocean Fluid (Changchun) Co., Ltd.)) and an amount of €0.2 million (PY: -€1.3 million) relating to effects from the first-time consolidation of previously non-consolidated subsidiaries. The prior-year period also includes the change in value of a put option of -€0.3 million for the acquisition of remaining shares in a fully consolidated company.
3 Includes shareholder’s portion of €0.0 million (PY: €0.0 million) in non-realized gains and losses from pension obligations of equity-accounted investees.
4 Includes shareholder’s portion of €8.0 million (PY: -€9.8 million) in the currency translation of equity-accounted investees.
5 The change in the difference arising from financial instruments, including deferred taxes, was due to the expiry of cash flow hedges for interest and currency hedging of -€0.6 million (PY: -€1.7 million) and other investments of -€3.6 million (PY: -€3.9 million).
6 Please see the “Revenue from Contracts with Customers” and “Financial Instruments” notes in the 2018 Annual Report
7 Other changes in non-controlling interests due to changes in the scope of consolidation and capital increases.
