Consolidated financial statements 2022 of the Kuehne+Nagel Group

Statement of changes in equity

CHF millionNoteShare capitalShare premiumTreasury sharesCumulative translation adjustmentActuarial gains/ (losses)Hedging reservesRetained earningsTotal equity attributable to the equity holders of parent companyNon- controlling interestsTotal equity
Balance as of January 1, 2022   121651–93–1,214–1443,8833,20473,211
Earnings   2,6442,6441662,810
Other comprehensive income  
Foreign exchange differences   –161–161–32–193
Actuarial gains/(losses) on defined benefit plans, net of tax   797979
Total other comprehensive income, net of tax   –16179–82–32–114
Total comprehensive income   –161792,6442,5621342,696
Purchase of treasury shares 32 –646–646–646
Disposal of treasury shares 32 –45469424424
Dividend paid 32 –1,186–1,186–75–1,261
Expenses for share-based compensation plans 34 212121
Transaction with non-controlling interests 40 –31–208–239–59–298
Balance as of December 31, 2022   121606–270–1,406–655,1544,14074,147
CHF millionNoteShare capitalShare premiumTreasury sharesCumulative translation adjustmentActuarial gains/ (losses)Hedging reservesRetained earningsTotal equity attributable to the equity holders of parent companyNon- controlling interestsTotal equity
Balance as of January 1, 2021   120 459 –55 –1,230 –168 3,281 2,407 6 2,413
Earnings   2,032 2,032 123 2,155
Other comprehensive income                      
Foreign exchange differences   8 8 8 16
Gains/(losses) on cash flow hedges   –28 –28 –28
Actuarial gains/(losses) on defined benefit plans, net of tax   24 24 24
Total other comprehensive income, net of tax   824–284812
Total comprehensive income   824–282,0322,0361312,167
Purchase of treasury shares 32 –59 –59 –59
Disposal of treasury shares 32 –13 21 8 8
Capital increase   1 205 206 206
Dividend paid 32 –538 –538 –1 –539
Expenses for share-based compensation plans 34 16 16 16
Transfer of cash flow hedge reserve to investments   28 28 28
Acquisition of subsidiaries with non-controlling interests 40 47 47
Sale of interest without loss of control 40 –42 –42 414 372
Transaction with non-controlling interests 40 8 –866 –858 –590 –1,448
Balance as of December 31, 2021   121651–93–1,214–1443,8833,20473,211