Danone // 2020 Universal Registration Document

4 65 DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 4.1 Consolidated financial statements and notes to the consolidated financial statements CONSOLIDATED FINANCIAL STATEMENTS Consolidated statement of changes in equity Changes during the period (in € millions) Notes As of January 1, 2020 Other comprehensive income Capital increase Other transactions involving treasury shares Counterpart entry to expense relating to performance shares after social security charges Dividends paid to Danone shareholders Interest on undated subordinated notes net of tax Other transactions with non-controlling interests Other changes As of December 31, 2020 Share capital 172 − 172 Additional paid-in capital 5,859 29 5,889 Retained earnings and others (a) 14 16,491 1,956 16 (1,363) (15) 169 120 17,374 Translation adjustments (2,941) (1,809) (116) − (4,867) Gains and losses related to hedging derivatives, net of tax (192) 14 (178) Gains and losses on assets recognized at fair value through other comprehensive income, net of tax (2) 37 35 Actuarial gains and losses on retirement commitments not recyclable to profit or loss, net of tax 8 (535) (89) (624) Other comprehensive income (729) (39) − − − − − − − (768) DANONE treasury shares 14.2 (1,610) 16 (1,595) Equity – Group share 17,241 108 30 16 16 (1,363) (15) 53 120 16,205 Non-controlling interests 137 36 6 (55) (21) (11) 93 Consolidated equity 17,378 144 36 16 16 (1,417) (15) 31 109 16,298 (a) “Others” corresponds to undated subordinated notes totaling €1.25 billion.