Consolidated statements of changes in equity

SEK in millions

Note

Share capital

Other
con-tributed capital

Hedging reserve

Fair
value reserve

Foreign currency translation reserve

Revalu­ation reserve

Inflation reserve

Equity transactions in associates

Retained earnings

Total owners of the parent

Non-controlling interests

Total equity

Closing balance, December 31, 2015

 

13,856

21,640

582

10

-26,827

266

4,909

-2,922

86,370

97,884

4,318

102,202

Dividends

C19

-12,990

-12,990

-2,365

-15,355

Changes in non-controlling interests

 

42

42

-43

0

Share-based payments

C31

28

28

28

Other transactions with owners

C19

-5

-5

-5

Total transactions with owners

 

24

-12,948

-12,924

-2,408

-15,331

Net income

C19

3,732

3,732

2,764

6,496

Other comprehensive income

C11C19

-100

105

2,137

-1,042

1,101

362

1,463

Total comprehensive income

 

-100

105

2,137

2,691

4,833

3,125

7,959

Effect of Turkcell’s acquisition of treasury shares

C14

39

39

39

Closing balance, December 31, 2016

 

13,856

21,664

482

115

-24,690

266

4,909

-2,883

76,114

89,833

5,036

94,869

Dividends

C19

-8,660

-8,660

-835

-9,495

Changes in non-
controlling interests1

 

-903

-903

903

Share-based
payments

C31

33

33

33

Reclassification of Inflation reserve2

 

-1,810

1,810

Other transactions with owners

C19

-4

-4

-4

Total transactions with owners

 

29

-1,810

-7,754

-9,534

69

-9,466

Net income

C19

9,608

9,608

537

10,146

Other comprehensive income

C11C19

-115

731

9,830

-340

10,107

-382

9,725

Total comprehensive income

 

-115

731

9,830

9,269

19,715

155

19,870

Effect of Turkcell’s acquisition of
treasury shares

C14

-43

-43

-43

Closing balance, December 31, 2017

 

13,856

21,693

367

846

-14,860

266

3,099

-2,926

77,629

99,970

5,260

105,230

1) Non-controlling interests in Fintur increased with SEK 766 million due to reduced ownership in Turkcell. Capitalization of Ucell (Coscom) and Uzbek Telecom Holding B.V. resulted in an increase in non-controlling interests of SEK 138 million.
2) Reclassification of Inflation reserve due to reduced ownership in Turkcell.