Danone // 2020 Universal Registration Document

DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 66 4.1 Consolidated financial statements and notes to the consolidated financial statements CONSOLIDATED FINANCIAL STATEMENTS Changes during the period (in € millions) As of January 1, 2019 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, 2019 Share capital 171 − 172 Additional paid-in capital 5,805 54 5,859 Retained earnings and others (a) 15,803 1,929 30 (1,256) (14) (98) 97 16,491 Translation adjustments (3,332) 389 1 (2,941) Gains and losses related to hedging derivatives, net of tax (190) (3) (192) Gains and losses on assets recognized at fair value through other comprehensive income, net of tax 6 (7) (2) Actuarial gains and losses on retirement commitments not recyclable to profit or loss, net of tax (381) (154) (535) Other comprehensive income (564) (164) − − − − − − − (729) DANONE treasury shares (1,632) 21 (1,610) Equity – Group share 16,251 2,154 55 21 30 (1,256) (14) (96) 97 17,241 Non-controlling interests 131 82 4 (60) (30) 9 137 Consolidated equity 16,382 2,237 58 21 30 (1,315) (14) (126) 107 17,378 (a) “Others” corresponds to undated subordinated notes totaling €1.25 billion.