Chapters
Annual Report 2019

Consolidated Statement of Other Comprehensive Income

in thousands of EUR

Notes

2019

2018

Result for the year

195,371

237,296

Other Comprehensive Income:

Items that will not be reclassified to Income Statement

Remeasurement of post-employment benefit obligations

25

- 26,100

7,750

Income tax relating to this item

5,879

- 2,130

- 20,221

5,620

Items that may be subsequently reclassified to Income Statement

Currency translation differences

15,534

- 15,136

Share of Other Comprehensive Income of Associates and Joint Ventures

1

- 31

Cash flow hedges

20, 22

- 4,283

2,308

Income tax

20, 22

1,021

- 586

12,273

- 13,445

Other Comprehensive loss (net of tax)

- 7,948

- 7,825

Total comprehensive income for the year (net of tax)

187,423

229,471

Attributable to:

Equity holders

171,805

207,361

Non-controlling interests

15,618

22,110

187,423

229,471

GrandVision has applied IFRS 16 at 1 January 2019, using the modified retrospective approach. Under this approach, comparative information is not restated and the cumulative effect of applying IFRS 16 is recognized in retained earnings. The accompanying notes are an integral part of these consolidated financial statements.