The change in the number of shares in 2021 was as follows:
| In shares | Share capital | Treasury shares | Common shares outstanding |
|---|---|---|---|
| At 01.01.2021 | At 01.01.2021Share capital559,871,580 | At 01.01.2021Treasury shares— | At 01.01.2021Common shares outstanding559,871,580 |
| Shares cancelled | Shares cancelled Share capital-3,000,000 |
Shares cancelled Treasury shares3,000,000 |
Shares cancelled Common shares outstanding— |
| Options and free shares exercised | Options and free shares exercised Share capital800,780 |
Options and free shares exercised Treasury shares— |
Options and free shares exercised Common shares outstanding800,780 |
| Treasury shares purchased | Treasury shares purchased Share capital— |
Treasury shares purchased Treasury shares-25,260,000 |
Treasury shares purchased Common shares outstanding-25,260,000 |
| AT 31.12.2021 | AT 31.12.2021Share capital557,672,360 | AT 31.12.2021Treasury shares-22,260,000 | AT 31.12.2021Common shares outstanding535,412,360 |
The change in treasury shares in 2021 was as follows:
| In shares | Buyback programme | Allocated to free-share plans | Total | € millions |
|---|---|---|---|---|
| At 01.01.2021 | At 01.01.2021Buyback programme— | At 01.01.2021Allocated to free-share plans— | At 01.01.2021Total— | At 01.01.2021€ millions— |
| Shares cancelled | Shares cancelled Buyback programme-3,000,000 |
Shares cancelled Allocated to free-share plans— |
Shares cancelled Total-3,000,000 |
Shares cancelled € millions-1,104.8 |
| Options and free shares exercised | Options and free shares exercised Buyback programme— |
Options and free shares exercised Allocated to free-share plans— |
Options and free shares exercised Total— |
Options and free shares exercised € millions— |
| Treasury shares purchased | Treasury shares purchased Buyback programme25,260,000 |
Treasury shares purchased Allocated to free-share plans— |
Treasury shares purchased Total25,260,000 |
Treasury shares purchased € millions10,045.0 |
| AT 31.12.2021 | AT 31.12.2021Buyback programme22,260,000 | AT 31.12.2021Allocated to free-share plans— | AT 31.12.2021Total22,260,000 | AT 31.12.2021€ millions8,940.2 |
The change in the number of shares in 2020 was as follows:
| In shares | Share capital | Treasury shares | Common shares outstanding |
|---|---|---|---|
| At 01.01.2020 | At 01.01.2020Share capital558,117,205 | At 01.01.2020Treasury shares— | At 01.01.2020Common shares outstanding558,117,205 |
| Shares cancelled | Shares cancelled Share capital— |
Shares cancelled Treasury shares— |
Shares cancelled Common shares outstanding
|
| Options and free shares exercised | Options and free shares exercised Share capital1,754,375 |
Options and free shares exercised Treasury shares— |
Options and free shares exercised Common shares outstanding1,754,375 |
| Treasury shares purchased | Treasury shares purchased Share capital
|
Treasury shares purchased Treasury shares— |
Treasury shares purchased Common shares outstanding— |
| AT 31.12.2020 | AT 31.12.2020Share capital559,871,580 | AT 31.12.2020Treasury shares— | AT 31.12.2020Common shares outstanding559,871,580 |
The following tables indicate movements in this item:
| € millions | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|
| Securities at fair value through other comprehensive income | Securities at fair value through other comprehensive income31.12.2022
|
Securities at fair value through other comprehensive income31.12.2021
|
Securities at fair value through other comprehensive income31.12.2020
|
| Reserve at beginning of period | Reserve at beginning of period 31.12.20226,485.4 |
Reserve at beginning of period 31.12.20215,293.2 |
Reserve at beginning of period 31.12.20206,562.3 |
| Changes in fair value over period | Changes in fair value over period 31.12.2022152.1 |
Changes in fair value over period 31.12.20211,192.2 |
Changes in fair value over period 31.12.2020-1,269.1 |
| RESERVE AT END OF PERIOD | RESERVE AT END OF PERIOD31.12.20226,637.5 | RESERVE AT END OF PERIOD31.12.20216,485.4 | RESERVE AT END OF PERIOD31.12.20205,293.2 |
| € millions | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|
| Cash flow hedges – foreign exchange | Cash flow hedges – foreign exchange31.12.2022
|
Cash flow hedges – foreign exchange31.12.2021
|
Cash flow hedges – foreign exchange31.12.2020
|
| Reserve at beginning of period | Reserve at beginning of period 31.12.2022-29.8 |
Reserve at beginning of period 31.12.2021173.8 |
Reserve at beginning of period 31.12.202044.8 |
| Changes in fair value over period | Changes in fair value over period 31.12.2022686.3 |
Changes in fair value over period 31.12.2021-75.2 |
Changes in fair value over period 31.12.202078.7 |
| Changes in fair value recorded through other comprehensive income | Changes in fair value recorded through other comprehensive income 31.12.2022-399.2 |
Changes in fair value recorded through other comprehensive income 31.12.2021-128.4 |
Changes in fair value recorded through other comprehensive income 31.12.202050.3 |
| Deconsolidation and other | Deconsolidation and other 31.12.2022— |
Deconsolidation and other 31.12.2021— |
Deconsolidation and other 31.12.2020— |
| RESERVE AT END OF PERIOD | RESERVE AT END OF PERIOD31.12.2022257.3 | RESERVE AT END OF PERIOD31.12.2021-29.8 | RESERVE AT END OF PERIOD31.12.2020173.8 |
The table below shows the impact of an increase or decrease of over 10% in the euro and US dollar against other currencies on the foreign exchange cash flow hedging reserve and the market value of the hedging instruments:
| € millions | 31.12.2022 | 31.12.2021 | 31.12.2020 |
|---|---|---|---|
| Impact of a 10% increase in the EUR against all other Group currencies | Impact of a 10% increase in the EUR against all other Group currencies 31.12.2022444.9 |
Impact of a 10% increase in the EUR against all other Group currencies 31.12.2021359.9 |
Impact of a 10% increase in the EUR against all other Group currencies 31.12.2020344.5 |
| Impact of a 10% decrease in the EUR against all other Group currencies | Impact of a 10% decrease in the EUR against all other Group currencies 31.12.2022-432.8 |
Impact of a 10% decrease in the EUR against all other Group currencies 31.12.2021-344.9 |
Impact of a 10% decrease in the EUR against all other Group currencies 31.12.2020-324.2 |
| Impact of a 10% increase in the USD against key Group currencies | Impact of a 10% increase in the USD against key Group currencies 31.12.2022-196.5 |
Impact of a 10% increase in the USD against key Group currencies 31.12.2021-80.4 |
Impact of a 10% increase in the USD against key Group currencies 31.12.2020-43.7 |
| Impact of a 10% decrease in the USD against key Group currencies | Impact of a 10% decrease in the USD against key Group currencies 31.12.2022206.4 |
Impact of a 10% decrease in the USD against key Group currencies 31.12.202190.7 |
Impact of a 10% decrease in the USD against key Group currencies 31.12.202054.9 |
