Annual report 2010 - Dexia.com

Management reportConsolidatedfinancial statementsNon-controlling interests(in millions of EUR)Core equity Gains andlosses notrecognised inthe statementof incomeNoncontrollinginterestsDiscretionaryparticipationfeatures ofinsurancecontractsAs at 31 December 2008 1,756 (54) 1,702 0Movements of the period- Increase of capital 2 2- Dividends (10) (10)- Net income for the period 79 79- Net change in fair value through equity 15 15 1- Transfers to income of available-for-sale reserve amountsdue to disposals 2 2- Translation adjustments 1 1- Variation of scope of consolidation (14) 13 (1)- Amortization of net fair value on reclassified portfolio inapplication of IAS 39 amended 16 16As at 31 December 2009 1,813 (7) 1,806 1Core shareholders’ equity 18,498Gains and losses not recognised in the statement of income attributable to equity holders of the parent (8,317)Non-controlling interests 1,806Discretionary participation features of insurance contracts 1TOTAL EQUITY AS AT 31 DECEMBER 2009 11,988Additional information Annual financial statementsCore shareholders’equity(in millions of EUR)SubscribedcapitalAdditionalpaid-incapitalTreasurysharesReservesand retainedearningsNet incomefor theperiodCoreshareholders’equityAs at 31 december 2009 8,089 13,618 (25) (4,194) 1,010 18,498Movements of the period- Issuance of subscribed capital 353 (355) (2)- Trading activities on treasury shares 4 4- Transfers to reserves 1,010 (1,010) 0- Share-based payments: value ofemployee services 3 3- Variation of scope of consolidation (13) (13)- Other movements 1 1- Net income for the period 723 723As at 31 december 2010 8,442 13,618 (21) (3,548) 723 19,214The notes on pages 126 to 234 are an integral part of these consolidated financial statements.122 Dexia Annual report 2010