2020 Universal registration document and annual financial report - BNP PARIBAS 165
4Consolidated finanCial statements for the year ended 31 deCemBer 2020
4
Statement of net income and changes in assets and liabilities recognised directly in equity
4.2 Statement of net income and changes in assets and liabilities recognised directly in equity
In millions of euros Year to
31 Dec. 2020 Year to
31 Dec. 2019
Net income for the period 7,415 8,583
Changes in assets and liabilities recognised directly in equity (2,599) 1,630
Items that are or may be reclassified to profit or loss (2,477) 1,565
Changes in exchange differences (3,151) 530
Changes in fair value of financial assets at fair value through equity
Changes in fair value recognised in equity 586 283
Changes in fair value reported in net income (143) (191)
Changes in fair value of investments of insurance activities
Changes in fair value recognised in equity - 883
Changes in fair value reported in net income (35) (76)
Changes in fair value of hedging instruments
Changes in fair value recognised in equity 633 494
Changes in fair value reported in net income (38) (125)
Income tax (219) (391)
Changes in equity-method investments (110) 158
Items that will not be reclassified to profit or loss (122) 65
Changes in fair value of equity instruments designated as at fair value through equity 89 114
Debt remeasurement effect arising from BNP Paribas Group issuer risk (193) 9
Remeasurement gains (losses) related to post-employment benefit plans 8 (28)
Income tax (8) (15)
Changes in equity-method investments (18) (15)
TOTAL 4,816 10,213
Attributable to equity shareholders 4,508 9,796
Attributable to minority interests 308 417