Repsol, S.A. and investees comprising the Repsol Group
Consolidated statement of recognized income and expense
for the years ended December 31 2016 and 2015

Income and expenditure
€ Million  

2015 2016
CONSOLIDATED INCOME FOR THE YEAR (1)
(from the Consolidated Income Statement)
(1,356) 1,779
OTHER COMPRENHENSIVE INCOME
Items not reclassifiable to income for the year:

 
From actuarial gains and losses 14 (5)

Share in other comprenhensive income recognized
for investments in joint arrangements and associates

(3) (6)
Tax effect -
TOTAL 11 (11)


 
OTHER COMPRENHENSIVE INCOME
Items reclassifiable to income for the year:

 
Financial assests available for sale 13 1
   Measurement gains (losses) 7 1
   Amounts trasnferred to the initial carrying amount of the hedged item 6 -
Cash flow hedges (39) 18
   Measurement gains (losses) (564) (16)
   Amounts trasnferred to the income statement - 34
   Amounts trasnferred to the initial carrying amount of the hedged item 525 -
Translation differences 1,366 505
   Measurement gains (losses) 1,390 560
   Amounts trasnferred to the income statement (24) (55)
Share in other comprenhensive income recognized
for investments in joint arrangements and associates
(121) 152
   Measurement gains (losses) (125) 99
   Amounts trasnferred to the income statement 4 53
Tax effect 54 15
TOTAL 1,273 691
TOTAL RECOGNIZED INCOME FOR THE YEAR (72) 2,459
    a) Attributable to the parent (128) 2,413
    b) Attributable to minority interests 56 46

(1) This amount is the sum of the following income statements captions: "Net income from continuing operations" and "Net income attributable to the parent from discontinued operations".

Notes 1 to 34 are an integral part of the consolidated statement of recognized income and expenses.