Investor Presentaiton
CONSOLIDATED FINANCIAL STATEMENTS | NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS | FINANCIAL PERFORMANCE
2.8 OTHER COMPREHENSIVE INCOME
Components of other comprehensive income
MEUR
Translation differences
Hedging of foreign subsidiaries
Changes in fair value
Remeasurements of employee benefits
Cash flow hedges:
Gains/losses arising during the year
Reclassifications included in profit or loss
Cash flow hedges, net
Income tax relating to components of other comprehensive income
Other comprehensive income
Tax effects relating to components of other comprehensive income
Jan 1-Dec 31, 2021
205.6
Jan 1-Dec 31, 2020
-173.2
-35.7
65.0
0.6
4.8
-3.3
-2.9
-8.2
36.4
8.6
-1.4
0.4
35.0
1.2
-9.2
168.9
-80.5
Before-tax
MEUR
Translation differences
amount
Jan 1-Dec 31, 2021
Tax
expense/
benefit
Jan 1-Dec 31, 2020
Net-of-tax
amount
Before-tax
amount
Tax
expense/
benefit
Net-of-tax
amount
205.6
205.6
-173.2
-173.2
Hedging of foreign subsidiaries
-35.7
7.1
-28.6
65.0
-13.0
52.0
Cash flow hedges
0.4
-2.5
-2.1
35.0
-7.9
27.1
Items that may be subsequently reclassified
to statement of income
170.3
4.6
175.0
-73.2
-20.9
-94.1
Changes in fair value
0.6
0.6
4.8
4.8
Remeasurements of employee benefits
-3.3
-3.4
-6.7
-2.9
11.7
8.8
Items that will not be reclassified to
statement of income
-2.7
-3.4
-6.1
1.9
11.7
13.6
Total other comprehensive income
167.7
1.2
168.9
-71.3
-9.2
-80.5
50
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