4.3
3. Consolidated statement of comprehensive income

In thousands of euro

  Notes 2021 2020
       
Net profit   69,974 64,829
       
Items that will never be reclassified
to profit or loss
Remeasurement of the defined benefit liability (asset) 11.2 -13,438 -841
Related tax 15.2 4,750 175
       
Items that are or may be reclassified
subsequently to profit or loss
Foreign operations - foreign currency translation differences   2,904 -3,403
Fair value gain/(loss) arising on cash flow hedges 1) 12 20,001 -9,990
Cumulative gains/(losses) on cash flow hedges reclassified to income statement 12 514 547
Reclassification of currency translation differences to profit or loss   - -1,278
Related tax 15.2 -5,129 2,361
       
Other comprehensive income, net of tax   9,603 -12,430
       
Total comprehensive income   79,577 52,399

 

1) The presentation of the fair value gain/loss arising on cashflow hedges has changed in 2021 and is now included in items that are or may be reclassified subsequently to profit or loss. The comparative figures have been adjusted accordingly.

The figures following the various items refer to the notes.
The explanatory notes form an integral part of the financial statements.