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Condensed consolidated statement of changes in equity - EUR (€)
€ in Millions
Total
Adjustment
[1]
Adjusted balance
Share capital and share premium
Share capital and share premium
Adjusted balance
Other reserves
Other reserves
Adjusted balance
Retained earnings
Retained earnings
Adjustment
[1]
Retained earnings
Adjusted balance
Shareholders' equity (parent)
Shareholders' equity (parent)
Adjustment
[1]
Shareholders' equity (parent)
Adjusted balance
Non-controlling interests
Non-controlling interests
Adjustment
[1]
Non-controlling interests
Adjusted balance
Balance at beginning of period at Dec. 31, 2022 € 57,004 € (46) € 56,959 € 17,154 € 17,154 € (2,192) € (2,192) € 41,538 € (45) € 41,493 € 56,500 € (45) € 56,455 € 504 € (1) € 503
Net result 3,306           3,206     3,206     100    
Other comprehensive income 186         68       68     118    
Total comprehensive income 3,492         68   3,206     3,274     218    
Dividends 18 (1,408)             (1,408)     (1,408)        
Share buyback programme, commitment (1,500)             (1,500)     (1,500)          
Share buyback programme, shares purchased (42)         (188)   146     (42)          
Share buyback programme, cancellation of shares     (1)   1,201   (1,200)              
Employee share-based compensation plans 20       41   (21)     20     0    
Other changes in treasury shares 0         0         0          
Transfers         (599)   599                
Increase (decrease) through other changes, equity (8)             (8)     (8)     0    
Balance at end of period at Jun. 30, 2023 57,513     17,153   (1,668)   41,308     56,793     721    
Balance at beginning of period at Dec. 31, 2023 55,628     17,151   (2,767)   40,299     54,684     944    
Net result 4,575             4,456     4,456     118    
Other comprehensive income 570         564         564     7    
Total comprehensive income 5,145         564   4,456     5,020     125    
Dividends recognised as distributions to owners 2,750             2,497     2,497     253    
Share buyback programme, commitment (2,500)             (2,500)     (2,500)          
Share buyback programme, shares purchased (43)         (1,576)   1,533     (43)          
Share buyback programme, cancellation of shares 0     (2)   2,500   (2,498)                
Employee share-based compensation plans 23         43   (19)     24     0    
Other changes in treasury shares 2         2         2          
Transfers 0         (308)   308                
Increase (decrease) through other changes, equity (1)             (1)     (1)     0    
Balance at end of period at Jun. 30, 2024 € 55,505     € 17,149   € (1,542)   € 39,081     € 54,689     € 816    
[1] Changes in policy following the adoption of IFRS 17 and change in policy for non-financial guarantees