2019 Universal registration document and annual financial report - BNP PARIBAS 153
4Consolidated finanCial statements for the year ended 31 deCemBer 2019
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. 2019 Year to
31 Dec. 2018
Net income for the period 8,583 8,005
Changes in assets and liabilities recognised directly in equity 1,630 (1,315)
Items that are or may be reclassified to profit or loss 1,565 (1,404)
Changes in exchange differences 530 (159)
Changes in fair value of financial assets at fair value through equity
Changes in fair value recognised in equity 283 (461)
Changes in fair value reported in net income (191) (110)
Changes in fair value of investments of insurance activities
Changes in fair value recognised in equity 883 (530)
Changes in fair value reported in net income (76) (99)
Changes in fair value of hedging instruments
Changes in fair value recognised in equity 494 (406)
Changes in fair value reported in net income (125) (7)
Income tax (391) 505
Changes in equity-method investments 158 (137)
Items that will not be reclassified to profit or loss 65 89
Changes in fair value of equity instruments designated as at fair value through equity 114 (148)
Debt remeasurement effect arising from BNP Paribas Group issuer risk 9 195
Remeasurement gains (losses) related to post-employment benefit plans (28) 137
Income tax (15) (96)
Changes in equity-method investments (15) 1
TOTAL 10,213 6,690
Attributable to equity shareholders 9,796 6,215
Attributable to minority interests 417 475