Consolidated statement of comprehensive income

for the year ended 31 December 2020

Millions of US Dollars

Notes 2020 2019
Net profit for the year 194 749
Other comprehensive (loss)/income
Items which may be reclassified to profit or loss in the future:
Transfer of changes in fair value of cash flow hedges to profit or loss, net of deferred tax 16 31 (220)
Effective portion of changes in fair value of cash flow hedges, net of deferred tax 16 (488) 311
Total items which may be reclassified to profit or loss in the future (457) 91
Items which may not be reclassified to profit or loss in the future:
Translation difference (354) 154
Revaluation of intra-group debt denominated in foreign currency 3.2 (43) (1)
Revaluation surplus/(deficit) 4 648 (810)
Tax effect of revaluation 4 (130) 162
Actuarial gains/(losses) 8 (7)
Total items which may not be reclassified to profit or loss in the future 129 (502)
Total other comprehensive loss for the year (328) (411)
Total other comprehensive loss attributable to:
Ordinary shareholders of the parent (263) (401)
Non-controlling interests (65) (10)
Total other comprehensive loss for the year (328) (411)
Total comprehensive (loss)/income attributable to:
Ordinary shareholders of the parent (81) 336
Non-controlling interests (53) 2
Total comprehensive (loss)/income for the year (134) 338

The comparative consolidated statement of comprehensive income for the year ended 31 December 2019 has been restated for the effect of the acquisition under common control described in note 33.

The accompanying notes are an integral part of these consolidated financial statements.