Consolidated statement of changes in equity

(CHF 1,000)	Share capital	Treasury shares	Capital reserves	Fair value reserve	Translation reserve	Other retained earnings	Equity attributable to shareholders of Flughafen Zürich AG	Equity attributable to non-controlling interests	Total equity
Balance as at 31 December 2017	307,019	–459	396,453	4,868	–5,670	1,698,883	2,401,094	41	2,401,135

Effect of initial application of IFRS 9, net of income tax				–4,868		1,061	–3,807		–3,807

Balance as at 1 January 2018	307,019	–459	396,453	0	–5,670	1,699,944	2,397,287	41	2,397,328

Profit						237,832	237,832	9	237,841

Foreign exchange differences					–10,700		–10,700	–3	–10,703
Remeasurement of defined benefit liability, net of income tax						–10,145	–10,145		–10,145

Other comprehensive income, net of income tax	0	0	0	0	–10,700	–10,145	–20,845	–3	–20,848

Total comprehensive income	0	0	0	0	–10,700	227,687	216,987	6	216,993

Ordinary dividend for the 2017 financial year						–101,314	–101,314		–101,314
Additional distribution from the capital contribution reserves for the 2017 financial year			–98,244				–98,244		–98,244
Purchase of treasury shares		–1,065					–1,065		–1,065
Share-based payments		1,182	–27				1,155		1,155

Balance as at 31 December 2018	307,019	–342	298,182	0	–16,370	1,826,317	2,414,806	47	2,414,853

(CHF 1,000)	Share capital	Treasury shares	Capital reserves	Fair value reserve	Translation reserve	Other retained earnings	Equity attributable to shareholders of Flughafen Zürich AG	Equity attributable to non-controlling interests	Total equity
Balance as at 1 January 2017	307,019	–856	494,408	4,604	–8,383	1,461,696	2,258,488	1,661	2,260,149

Profit						285,225	285,225	302	285,527

Adjustments to fair value of available-for-sale securities				264			264		264
Transfer to income statement of cumulative foreign exchange differences relating to the disposal of associates					2,876		2,876		2,876
Foreign exchange differences					–163		–163	–396	–559
Remeasurement of defined benefit liability, net of income tax						50,207	50,207		50,207

Other comprehensive income, net of income tax	0	0	0	264	2,713	50,207	53,184	–396	52,788

Total comprehensive income	0	0	0	264	2,713	335,432	338,409	–94	338,315

Ordinary dividend for the 2016 financial year						–98,245	–98,245		–98,245
Additional distribution from the capital contribution reserves for the 2016 financial year			–98,245				–98,245		–98,245
Purchase of treasury shares		–525					–525		–525
Share-based payments		922	290				1,212		1,212
Purchase of non-controlling interests								–1,526	–1,526

Balance as at 31 December 2017	307,019	–459	396,453	4,868	–5,670	1,698,883	2,401,094	41	2,401,135