6. Financial statements

Consolidated statement of comprehensive income


20192018
(in millions of euros)EDF net incomeNet income attributable to non-controlling interestsTotalEDF net incomeNet income attributable to non-controlling interestsTotal
Consolidated net incomeConsolidated net income20195,155Consolidated net income2018275,1821,177141,191
Gross change in fair value of hedging instruments (2)

Gross change in fair value of hedging instruments

 (2)
2019

818

Gross change in fair value of hedging instruments

 (2)
2018

(55)

76334(19)15
Related tax effect

Related tax effect

2019

(367)

Related tax effect

2018

2

(365)(89)-(89)
Associates’ and joint ventures’ share of fair value of hedging instruments

Associates’ and joint ventures’ share of fair value of hedging instruments

2019

2

Associates’ and joint ventures’ share of fair value of hedging instruments

2018

-

2(7)-(7)
Change in fair value of hedging instrumentsChange in fair value of hedging instruments2019453Change in fair value of hedging instruments2018(53)400(62)(19)(81)
Translation adjustments – controlled entities

Translation adjustments – controlled entities

2019

732

Translation adjustments – controlled entities

2018

357

1,089(38)(79)(117)
Translation adjustments – associates and joint ventures

Translation adjustments – associates and joint ventures

2019

90

Translation adjustments – associates and joint ventures

2018

-

90117-117
Translation adjustmentsTranslation adjustments2019822Translation adjustments20183571,17979(79)-
Gross change in fair value of debt instruments (2)

Gross change in fair value of debt instruments

 (2)
2019

293

Gross change in fair value of debt instruments

 (2)
2018

-

293(115)-(115)
Related tax effect

Related tax effect

2019

(93)

Related tax effect

2018

-

(93)42-42
Associates’ and joint ventures’ share of fair value of debt instruments

Associates’ and joint ventures’ share of fair value of debt instruments

2019

5

Associates’ and joint ventures’ share of fair value of debt instruments

2018

-

5(1)-(1)
Change in fair value of debt instrumentsChange in fair value of debt instruments2019205Change in fair value of debt instruments2018-205(74)-(74)
Gains and losses recorded in equity with recyclingGains and losses recorded in equity with recycling20191,480Gains and losses recorded in equity with recycling20183041,784(57)(98)(155)
Gross change in fair value of equity instruments

Gross change in fair value of equity instruments

2019

(22)

Gross change in fair value of equity instruments

2018

-

(22)(37)-(37)
Related tax effect

Related tax effect

2019

-

Related tax effect

2018

-

----
Associates’ and joint ventures’ share of fair value of equity instruments

Associates’ and joint ventures’ share of fair value of equity instruments

2019

-

Associates’ and joint ventures’ share of fair value of equity instruments

2018

-

----
Change in fair value of equity instrumentsChange in fair value of equity instruments2019(22)Change in fair value of equity instruments2018-(22)(37)-(37)
Gross change in actuarial gains and losses on post-employment benefits (3)

Gross change in actuarial gains and losses on post-employment benefits

 (3)
2019

(2,501)

Gross change in actuarial gains and losses on post-employment benefits

 (3)
2018

39

(2,462)3,141113,152
Related tax effect

Related tax effect

2019

(62)

Related tax effect

2018

(7)

(69)(309)(1)(310)
Associates’ and joint ventures’ share of change in actuarial gains and losses on post-employment benefits

Associates’ and joint ventures’ share of change in actuarial gains and losses on post-employment benefits

2019

(153)

Associates’ and joint ventures’ share of change in actuarial gains and losses on post-employment benefits

2018

-

(153)69-69
Change in actuarial gains and losses on post-employment benefitsChange in actuarial gains and losses on post-employment benefits2019(2,716)Change in actuarial gains and losses on post-employment benefits201832(2,684)2,901102,911
Gains and losses recorded in equity with no recyclingGains and losses recorded in equity with no recycling2019(2,738)Gains and losses recorded in equity with no recycling201832(2,706)2,864102,874
Total gains and losses recorded in equityTotal gains and losses recorded in equity2019(1,258)Total gains and losses recorded in equity2018336(922)2,807(88)2,719
CONSOLIDATED COMPREHENSIVE INCOMECONSOLIDATED COMPREHENSIVE INCOME20193,897CONSOLIDATED COMPREHENSIVE INCOME20183634,2603,984(74)3,910
Comprehensive income of continuing operations

Comprehensive income of continuing operations

2019

4,337

Comprehensive income of continuing operations

2018

375

4,7124,191(69)4,122
Comprehensive income of discontinued operations

Comprehensive income of discontinued operations

2019

(440)

Comprehensive income of discontinued operations

2018

(12)

(452)(207)(5)(212)

(1) The financial statements at 31 December 2019 apply IFRS 16 from 1 January 2019 (using the modified retrospective approach). In accordance with the new standard’s transition provisions, the comparative figures have not been restated (see note 2.1).
(2) Gross changes in fair value recycled to profit and loss in respect of debt and equity securities and hedging instruments are presented in notes 39.2 and 44.4 respectively.
(3) Gross changes in actuarial gains and losses are presented in note 34.1.2.