| Difference from | ||||||||||
| € millions | Issued/ Subscribed capital1 |
Capital reserves |
Retained earnings2 |
Successive purchases3 |
remeasure- ment of defined benefit plans4 |
currency translation5 |
financial instru- ments6 |
Subtotal2 | Non-controlling interests |
Total2 |
| As at January 1, 20212 | 512.0 | 4,155.6 | 12,005.3 | -302.1 | -2,817.0 | -1,232.7 | -13.6 | 12,307.5 | 376.7 | 12,684.2 |
| Net income2 | — | — | 1,435.2 | — | — | — | — | 1,435.2 | 51.9 | 1,487.1 |
| Other comprehensive income | — | — | 0.0 | — | 490.3 | 724.9 | 92.6 | 1,307.8 | 37.1 | 1,344.9 |
| Net profit for the period2 | — | — | 1,435.2 | — | 490.3 | 724.9 | 92.6 | 2,743.0 | 89.0 | 2,832.0 |
| Dividends paid/resolved | — | — | — | — | — | — | — | — | -18.5 | -18.5 |
| Non-cash dividends due to the completed spin-off | — | — | -2,824.8 | — | — | — | — | -2,824.8 | — | -2,824.8 |
| Successive purchases | — | — | — | -5.2 | — | — | — | -5.2 | 5.3 | 0.1 |
| Other changes7 | 0.0 | — | -331.8 | -4.5 | 331.8 | — | — | -4.5 | 0.0 | -4.5 |
| As at December 31, 20212 | 512.0 | 4,155.6 | 10,283.9 | -311.8 | -1,994.9 | -507.8 | 79.0 | 12,216.0 | 452.5 | 12,668.5 |
| Net income | — | — | 66.6 | — | — | — | — | 66.6 | 45.6 | 112.2 |
| Other comprehensive income | — | — | — | — | 1,221.0 | 211.9 | -16.3 | 1,416.6 | -7.5 | 1,409.1 |
| Net profit for the period | — | — | 66.6 | — | 1,221.0 | 211.9 | -16.3 | 1,483.2 | 38.1 | 1,521.3 |
| Dividends paid/resolved | — | — | -440.0 | — | — | — | — | -440.0 | -27.4 | -467.4 |
| Other changes8 | 0.0 | 0.0 | — | — | — | — | — | 0.0 | 12.6 | 12.6 |
| As at December 31, 2022 | 512.0 | 4,155.6 | 9,910.5 | -311.8 | -773.9 | -295.9 | 62.7 | 13,259.2 | 475.8 | 13,735.0 |
1 Divided into 200,005,983 (PY: 200,005,980) outstanding shares with dividend and voting rights.
2 In the year under review, the Continental Group changed the methodology used for the recognition of uncertain tax positions. The comparative period has been adjusted accordingly. For more information, see Note 2 (General Information and Accounting Principles) of the notes to the consolidated financial statements.
3 Includes in the previous year an amount of -€5.2 million from successive purchases of shares in fully consolidated subsidiaries and an amount of -€4.5 million relating to effects from the first-time consolidation of previously non-consolidated subsidiaries.
4 Includes shareholder’s portion of €0.1 million (PY: -€0.1 million) in non-realized gains and losses from pension obligations of equity-accounted investees.
5 Includes shareholder’s portion of €1.1 million (PY: -€7.5 million) in the currency translation of equity-accounted investees.
6 The change in the difference arising from financial instruments, including deferred taxes, was due to other investments of -€16.3 million (PY: €92.6 million).
7 Other changes in relation to the retained earnings of €331.8 million resulted from reclassifications to retained earnings not recognized in profit or loss. Of these, €331.4 million was attributable to the spin-off of Vitesco Technologies and €0.4 million resulted from changes in the scope of consolidation. Other changes in non-controlling interests took place due to changes in the scope of consolidation and capital increases.
8 Other changes in non-controlling interests due to changes in the scope of consolidation and capital increases.
