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Statement of changes in equity, IFRS

Statement of changes in equity, IFRS
EURm Share
capital
Share premium
account
Legal
reserve
Invested unrestricted
equity
Retained
earnings
Translation
of
foreign operations 1)
Available
for sale
financial
assets 2)
Cash
flow
hedges 3)
Total
Equity at 1 January 2013 98 0 4 1,527 7,587 167 760 -29 10,113
Change in IAS 19 Pension benefits 4) -91 -2 -93
Restated equity at 1 January 2013 98 0 4 1,527 7,496 165 760 -29 10,020
Changes in equity
Recognition of undrawn dividends 7 7
Dividends -756 -756
Share of associate's other changes in equity -54 -54
Other changes in equity 5) 19 -19 0
Profit for the period 1,452 1,452
Other comprehensive income for the period 10 -253 216 -1 -27
Equity at 31 December 2013 98 0 4 1,527 8,175 -106 976 -30 10,643
Changes in equity
Recognition of undrawn dividends 8 8
Dividends -924 -924
Share of associate's other changes in equity 17 17
Profit for the period 1,540 1,540
Other comprehensive income for the period -160 -264 64 - -361
Equity at 31 December 2014 98 0 4 1,527 8,655 -370 1,039 -30 10,924
1) The total comprehensive income includes also the share of the associate Nordea's other comprehensive income, in accordance with the Group's share holding. The retained earnings thus include EURm -85 (25) of Nordea's actuarial gains/losses The exchange differences include the share of Nordea's exchange differences EURm -90 (-99). Respectively, available-for-sale financial assets include EURm 7 (5) of Nordea's valuation differences.
2) The amount recognised in equity from available-for-sale financial assets for the period totalled EURm 177 (280). The amount transferred to p/l amounted to EURm -120 (-70).
3) The amount recognised in equity from cash flow hedges for the period totalled EURm - (-0) .
4) IAS 19 Pension benefits had a net effect of EURm -160 (-83) on retained earnings.
5) Reclassification of subsidiary exchange differences.
The amount included in the translation, available-for-sale and cash flow hedge reserves represent other comprehensive income for each component, net of tax.
Note
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