BIC - 2019 Universal Registration Document

FINANCIAL STATEMENTS

Consolidated financial statements

2. CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

December 31, 2019

Notes

December 31, 2018

(in thousand euros)

GROUP NET INCOME

A

173,350

176,095 

OTHER COMPREHENSIVE INCOME Actuarial differences on post-employment benefits not recyclable to the income statement  (a)

5,823

(8,092) 

Deferred tax on actuarial differences on post-employment benefits

(1,384)

1,809 

Total actuarial differences not recyclable to the income statement – Net of tax

B

4,439

(6,283) 

Gain/(Loss) on cash flow hedge

(23,344)

872 

Exchange differences arising on translation of overseas operations  (b)

(33,244)

5,761 

Equity instruments at fair value

(3)

5 

Deferred tax and current tax recognized on other comprehensive income Other comprehensive income recyclable to the income statement – Net of tax

7-2

9,575

1,805 

C

(47,017)

8,442 

TOTAL COMPREHENSIVE INCOME

D = A + B + C

130,772

178,254 

Attributable to: BIC Group •

130,772

178,254 

Non-controlling interests •

-

- 

TOTAL

130,772

 178,254

The impact of actuarial differences is mainly due to U.S. plans. (a) The main items impacting the translation reserve variance for the period, by currency, are as follows: Brazilian real -2.8 million euros, U.S. dollar +2.8 million euros, Argentinian peso (b) -3.9 million euros and Mexican peso +7.7 million euros.

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• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •