CFM INDOSUEZ Wealth Management - 2019 annual report

113 Annual Financial Statements 2019 4 . 10 ta x e s (in thousands of euros) 31/12/2019 31/12/2018 Current tax expense -5,936 -4,111 Deferred tax income/expense -7,855 78 Tax expense for the period -13,791 -4,033 4 . 11 c h a n g e i n g a i n s a n d l o s s e s r e c o g n i s e d d i r e c t ly i n o t h e r c o m p r e h e n s i v e i n c o m e The following table shows the breakdown of income and expenses for the period: Breakdown of gains and losses recognised directly in other comprehensive income (in thousands of euros) 31/12/2019 31/12/2018 Net gains and losses recognised directly in other comprehensive income recyclable to income Gains and losses on foreign exchange rate adjustments 0 0 Revaluation differences for the period Transfers to income Other changes Gains and losses on debt instruments recognised in other comprehensive income recyclable to income -29 524 Revaluation differences for the period -116 310 Transfers to income 87 214 Other changes Gains and losses on hedging derivatives -3,352 -1539 Revaluation differences for the period -3,352 -1539 Transfers to income Other changes Reclassification of net gains or losses on financial assets under the overlay approach 0 0 Revaluation differences for the period Transfers to income Other changes Gains and losses before tax recognised directly in other comprehensive income recyclable to income of companies accounted for by the equity method 0 Taxes on gains and losses recognised directly in other comprehensive income recyclable to income excluding companies accounted for by the equity method 0 165 Taxes on gains and losses recognised directly in other comprehensive income recyclable to income of companies accounted for by the equity method 0 Net gains and losses recognised directly in other comprehensive income recyclable to income on discontinued operations 0 Net gains and losses recognised directly in other comprehensive income recyclable to income -3,381 -850 Net gains and losses recognised directly in other comprehensive income not recyclable to income Actuarial gains and losses on post-employment benefits -400 227 Gains and losses on financial liabilities attributable to changes in own credit risk 0 0 Revaluation differences for the period Transfers to reserves Other changes Gains and losses on equity instruments recognised in other comprehensive income not recyclable to income -5,288 23 Revaluation differences for the period -5,288 23 Transfers to reserves Other changes Gains and losses before tax recognised directly in other comprehensive income not recyclable to income of companies accounted for by the equity method Taxes on gains and losses recognised directly in other comprehensive income not recyclable to income excluding companies accounted for by the equity method Taxes on gains and losses recognised directly in other comprehensive income not recyclable to income of companies accounted for by the equity method Net gains and losses recognised directly in other comprehensive income not recyclable to income on discontinued operations Net gains and losses recognised directly in other comprehensive income not recyclable to income -5,688 250 Net gains and losses recognised directly in other comprehensive income -9,069 -600 o/w Group share o/w non-controlling interests