Consolidated statement of changes in equity (unaudited)

In CHF million	Share capital	Capital reserves	Retained earnings	Foreign currency translation adjustments	Other reserves	Equity attributable to equity holders of Swisscom	Non- controlling interests	Total equity
Balance at 31 December 2016	52	136	8,148	(1,834)	12	6,514	8	6,522
Net income	–	–	1,270	–	–	1,270	(1)	1,269
Other comprehensive income	–	–	448	109	(7)	550	–	550
Comprehensive income	–	–	1,718	109	(7)	1,820	(1)	1,819
Dividends paid	–	–	(1,140)	–	–	(1,140)	(8)	(1,148)
Transactions with non-controlling interests	–	–	(37)	–	–	(37)	(9)	(46)
Treasury shares	–	–	1	–	–	1	–	1
Balance at 30 September 2017	52	136	8,690	(1,725)	5	7,158	(10)	7,148

Balance at 31 December 2017	52	136	9,155	(1,689)	2	7,656	(11)	7,645
Change in accounting policies¹	–	–	297	–	(4)	293	–	293
Balance at 1 January 2018	52	136	9,452	(1,689)	(2)	7,949	(11)	7,938
Net income	–	–	1,217	–	–	1,217	(4)	1,213
Other comprehensive income	–	–	340	(34)	8	314	–	314
Comprehensive income	–	–	1,557	(34)	8	1,531	(4)	1,527
Dividends paid	–	–	(1,140)	–	–	(1,140)	(1)	(1,141)
Transactions with non-controlling interests	–	–	(11)	–	–	(11)	1	(10)
Balance at 30 September 2018	52	136	9,858	(1,723)	6	8,329	(15)	8,314
¹ See Note 1.