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Note 9. Components of other comprehensive income
Components of other comprehensive income and related tax
€ million 2015
Before tax
Tax charge/
credit
After
tax
2014
Before tax
Tax charge/
credit
After
tax
Items that will not be reclassified subsequently to profit or loss
Actuarial gains and losses 28.8 -5.8 23.0 -24.6 4.9 -19.6
Items that may be reclassified subsequently to profit or loss
Currency translation differences relating to a foreign operation -17.4 -17.4 -27.9 -27.9
Adjustments for hyperinflation - - 4.5 4.5
Cash flow hedge revaluation -0.0 0.0 -0.0 1.1 -0.2 0.9
Revaluation of available-for-sale financial assets 1.4 -0.3 1.1 -2.9 -0.2 -3.0
Others -0.3 -0.3 -0.2 -0.2
Total 12.5 -6.1 6.4 -49.9 4.5 -45.4
Hyperinflation
In December 2011, Belarus was identified as a hyperinflationary economy to which hyperinflationary accounting in accordance with IAS 29 was applied. Hyperinflationary accounting requires the presentation of financial statements in the measurement units as at the end of the reporting period irrespective of their statement at original cost or current cost. The amounts recognised in the income statement and balance sheet were restated using the general price index. As a result of the restatement, an amount of €4.5 million including tax was recognised in equity in 2014, of which €0.4 million was attributable to the Group and €4.1 million to the non-controlling interests. The revaluations were made using the Belarusian consumer price index. Hyperinflationary accounting was discontinued in 2015, because the country is no longer a hyperinflationary economy.