Group Management Report Corporate Governance Environment, Safety, and Corporate Social Responsibility Consolidated Financial Statements 113 Additional Paid-in Capital The additional paid-in capital contains excess amounts over the calculated value resulting from the issuance of shares of ALTANA AG and from equity-settled share-based payment trans- actions from previous years. Cash-inflows from the sale of shares to non-controlling interests are also included. Accumulated Other Comprehensive Income In accordance with IAS 39, accumulated unrealized gains and losses resulting from changes in fair values of available-for-sale financial instruments net of income taxes are recorded in the item “Financial assets available-for-sale” unless an impairment loss is recognized. Changes in the fair value of derivative financial instruments qualifying as cash flow hedges are recognized, net of income taxes, in the item “Derivative financial instruments” if all hedge accounting criteria under IAS 39 are met. Notes on Other Comprehensive Income The following table shows the income and expenses recognized in other comprehensive income and the income tax effects thereon: 2014 2015 Before income taxes Income taxes Net of income taxes Before income taxes Income taxes Net of income taxes Remeasurement of the net defined employee benefit obligation (55,052) 16,401 (38,651) 19,174 (5,672) 13,502 Items that will not be reclassified subsequently to profit or loss (55,052) 16,401 (38,651) 19,174 (5,672) 13,502 Translation adjustments (including non-controlling interests) 99,362 864 100,226 79,406 (359) 79,047 Gains and losses from financial assets available-for-sale (359) 121 (238) 0 0 0 Gains and losses from derivative financial instruments (3,208) 966 (2,242) 6,317 (1,895) 4,422 Change in fair value of financial assets available-for-sale 111 (37) 74 17 (7) 10 Change in fair value of derivative financial instruments (5,264) 1,576 (3,688) (6,749) 2,025 (4,724) Items that may be reclassified subsequently to profit or loss 90,642 3,490 94,132 78,991 (236) 78,755 Other comprehensive income 35,590 19,891 55,481 98,165 (5,908) 92,257 Additional Disclosures for Capital Management The capital management of the Company comprises the management of cash and cash equivalents and marketable securities, shareholders’ equity and debt. The main objective is to ensure the availability of financial funds within the Group. The majority of ALTANA’s
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