Statement of Changes in Equity, IFRS

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Statement of changes in equity, IFRS
EURm Share capital Legal reserve Invested unrestricted equity Retained earnings 1) Translation of foreign operations 2) Available
for sale financial assets 3)
Total Non-controlling interests Total
Equity at 1 January 2016 98 4 1,527 9,325 -472 929 11,411 - 11,411
Changes in equity
Recognition of undrawn dividends 9 9 9
Dividends -1,204 4) -1,204 -1,204
Share of associate's other changes in equity -42 -42 -42
Profit for the period 1,650 1,650 1,650
Other comprehensive income for the period -38 -47 195 110 110
Equity at 31 December 2016 98 4 1,527 9,700 -518 1,124 11,934 - 11,934
Changes in equity
Recognition of undrawn dividends 10 10 10
Cancellation of shares 30
Dividends -1,288 4) -1,288 -1,288
Business aquisitions 17 17 636 654
Share of associate's other changes in equity 23 23 23
Profit for the period 2,216 2,216 23 2,239
Other comprehensive income for the period -15 -138 60 -93 -93
Equity at 31 December 2017 98 4 1,527 10,692 -656 1,184 12,848 660 13,508
1) IAS 19 Pension benefits had a net effect of EURm -15 (-38) on retained earnings.
2) The total comprehensive income includes also the share of the associate Nordea's other comprehensive income, in accordance with the Group's share holding. The retained earnings thus include EURm -19 (-34) of Nordea's actuarial gains/losses The exchange differences include the share of Nordea's exchange differences EURm -43 (33). Respectively, available-for-sale financial assets include EURm 5 (19) of Nordea's valuation differences.
3) The amount recognised in equity from available-for-sale financial assets for the period totalled EURm 266 (216). The amount transferred to p/l amounted to EURm -204 (-29). EURm -7 (-11) was transferred to the Segregated Suomi portfolio.
4) Dividend per share 2,60 (2,30) euro.
The amount included in the translation and available-for-sale reserves represent other comprehensive income for each component, net of tax.