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Taxation (Tables)

6 Months Ended

Jun. 30, 2023

Income taxes paid (refund) [abstract]

Summary of Tax Effects of Components of Other Comprehensive Income

Tax effects of components of other comprehensive income were as follows:

			First half
			2023									2022
€ million			Before tax			Tax (charge)/credit			After tax			Before tax			Tax (charge)/credit			After tax
Gains/(losses) on:
Equity instruments at fair value through other comprehensive income			(34)			–			(34)			49			3			52
Cash flow hedges			(20)			(2)			(22)			26			25			51
Remeasurements of defined benefit pension plans			(90)			43			(47)			2,037			(574)			1,463
Currency retranslation gains/(losses)			(535)			(20)			(555)			1,317			(8)			1,309
Other comprehensive income			(679)			21			(658)			3,429			(554)			2,875

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The disclosure of tax effects of components of other comprehensive income.

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