Chrysler 2015 Annual Report Download - page 194

194 2015 | ANNUAL REPORT
Consolidated
Financial Statements
Notes to the Consolidated
Financial Statements
Other reserves
Other reserves mainly include:
legal reserve of €11,744 million at December31, 2015 (€10,816 million at December31, 2014) that was determined
in accordance to the Dutch law and mainly refers to development costs capitalized by subsidiaries and their
earnings subject to certain restrictions on distributions to FCA. The legal reserve also includes the reserve for the
equity component of the Mandatory Convertible Securities of €1,910 million. Pursuant to Dutch law, limitations exist
relating to the distribution of shareholders’ equity up to the total amount of the legal reserve;
capital reserves amounting to €3,805 million at December31, 2015 (€3,742 million at December 31, 2014);
retained earnings, that after separation of the legal reserve, are negative €1,117 million (negative €1,458 million at
December31, 2014); and
profit attributable to owners of the parent of €334 million for the year ended December31, 2015 (€568 million for
the year ended December31, 2014).
Other comprehensive income/(loss)
Other comprehensive income/(loss) was as follows:
For the Years Ended December 31,
2015 2014 2013
(€ million)
Items that will not be reclassified to the Consolidated Income Statement in subsequent periods:
Gains/(losses) on remeasurement of defined benefit plans 679 (327) 2,679
Shares of (Losses) on remeasurement of defined benefit plans for equity method investees (2) (4) (7)
Items relating to discontinued operations 4 (6) (3)
Total items that will not be reclassified to the Consolidated Income Statement (B1) 681 (337) 2,669
Items that may be reclassified to the Consolidated Income Statement in subsequent periods:
Gains/(losses) on cash flow hedging instruments arising during the period 63 (251) 270
Gains/(losses) on cash flow hedging instruments reclassified to the Consolidated Income
Statement 123 107 (163)
Gains/(losses) on cash flow hedging instruments 186 (144) 107
Gains/(losses) on available-for-sale financial assets 11 (24) 4
Exchange differences on translating foreign operations 928 1,255 (708)
Share of Other comprehensive income/(loss) for equity method investees arising during
the period (18) 35 (75)
Share of Other comprehensive income/(loss) for equity method investees reclassified to
the Consolidated Income Statement 1 16 (13)
Total Share of Other comprehensive (loss)/income for equity method investees (17) 51 (88)
Items relating to discontinued operations 21 (121) 43
Total items that may be reclassified to the Consolidated Income Statement (B2) 1,129 1,017 (642)
Total Other comprehensive income/(loss) (B1)+(B2)=(B) 1,810 680 2,027
Tax effect (249) 54 227
Tax effect - discontinued operations (4) 48 (15)
Total Other comprehensive income/(loss), net of tax 1,557 782 2,239
With reference to the defined benefit plans, the gains and losses arising from the remeasurement mainly include
actuarial gains and losses arising during the period, the return on plan assets (net of interest income recognized in the
Consolidated Income Statement) and any changes in the effect of the asset ceiling. These gains and losses are offset
against the related net liabilities or assets for defined benefit plans (Note 21).