Consolidated statements of changes in equity in CHF m

at 31 December 2016 and 2015

 

 

Other reserves

 

 

 

 

Total share capital

 

Treasury shares (par value)

 

Share premium reserves

 

Hedging reserves

 

Cumulative translation reserves

 

Total other reserves

 

Retained earnings

 

Total attributable to equity holders

 

Non-controlling interests

 

Total equity

The notes form an integral part of the consolidated financial statements.

Balance 31 December 2014

 

1 228

 

–45

 

1 577

 

 

–725

 

852

 

574

 

2 609

 

124

 

2 733

Net income

 

 

 

 

 

 

 

 

 

 

 

 

229

 

229

 

10

 

239

Net investment hedge

 

 

 

 

 

 

 

 

 

66

 

66

 

 

 

66

 

 

 

66

Remeasurements:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial gain/loss on retirement
benefit obligations (see note 19)

 

 

 

 

 

 

 

 

 

 

 

 

39

 

39

 

 

 

39

Return on retirement benefit plan assets, excluding amount included in interest expense (see note 19)

 

 

 

 

 

 

 

 

 

 

 

 

–32

 

–32

 

 

 

–32

Deferred tax on remeasurements
(see note 9)

 

 

 

 

 

 

 

 

 

 

 

 

–6

 

–6

 

 

 

–6

Currency translation differences

 

 

 

 

 

 

 

 

 

–405

 

–405

 

 

 

–405

 

1

 

–404

Share in other comprehensive income of associates and joint ventures (see note 7)

 

 

 

 

 

 

 

 

 

 

 

 

1

 

1

 

 

 

1

Effect of the reclassification of foreign exchange differences on previously held net investments in foreign entities

 

 

 

 

 

 

 

 

 

–2

 

–2

 

 

 

–2

 

 

 

–2

Total comprehensive income for the period

 

 

 

 

 

–341

 

–341

 

231

 

–110

 

11

 

–99

Distributions

 

 

 

 

 

–129

 

 

 

 

 

–129

 

 

 

–129

 

 

 

–129

Dividends to non-controlling interests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

–37

 

–37

Share buyback of non-controlling interests by Clariant Chemicals (India) Ltd (see note 16)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

–21

 

–21

Employee share & option scheme:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of employee services

 

 

 

 

 

 

 

 

 

 

 

 

13

 

13

 

 

 

13

Treasury share transactions

 

 

 

11

 

 

 

 

 

 

 

 

23

 

34

 

 

 

34

Balance 31 December 2015

 

1 228

 

–34

 

1 448

 

 

–1 066

 

382

 

841

 

2 417

 

77

 

2 494

Net income

 

 

 

 

 

 

 

 

 

 

 

 

253

 

253

 

10

 

263

Cash flow hedge

 

 

 

 

 

 

 

5

 

 

 

5

 

 

 

5

 

 

 

5

Net investment hedge

 

 

 

 

 

 

 

 

 

–6

 

–6

 

 

 

–6

 

 

 

–6

Remeasurements:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial gain/loss on retirement
benefit obligations (see note 19)

 

 

 

 

 

 

 

 

 

 

 

 

–261

 

–261

 

 

 

–261

Return on retirement benefit plan assets, excluding amount included in interest expense (see note 19)

 

 

 

 

 

 

 

 

 

 

 

 

146

 

146

 

 

 

146

Deferred tax on remeasurements
(see note 9)

 

 

 

 

 

 

 

 

 

 

 

 

26

 

26

 

 

 

26

Currency translation differences

 

 

 

 

 

 

 

 

 

–26

 

–26

 

 

 

–26

 

2

 

–24

Share in other comprehensive income of associates and joint ventures (see note 7)

 

 

 

 

 

 

 

 

 

 

 

 

–4

 

–4

 

 

 

–4

Effect of the reclassification of foreign exchange differences on previously held net investments in foreign entities

 

 

 

 

 

 

 

 

 

3

 

3

 

 

 

3

 

 

 

3

Total comprehensive income for the period

 

 

 

 

5

 

–29

 

–24

 

160

 

136

 

12

 

148

Distributions

 

 

 

 

 

–129

 

 

 

 

 

–129

 

 

 

–129

 

 

 

–129

Dividends to non-controlling interests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

–17

 

–17

Transaction with non-controlling interests (see note 16)

 

 

 

 

 

 

 

 

 

 

 

 

16

 

16

 

13

 

29

Employee share & option scheme:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of employee services

 

 

 

 

 

 

 

 

 

 

 

 

–3

 

–3

 

 

 

–3

Treasury share transactions

 

 

 

5

 

 

 

 

 

 

 

 

19

 

24

 

 

 

24

Balance 31 December 2016

 

1 228

 

–29

 

1 319

 

5

 

–1 095

 

229

 

1 033

 

2 461

 

85

 

2 546