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