28. Other comprehensive income (loss)

Other comprehensive income (loss) comprises all amounts recognized directly in equity (net of tax) resulting from the currency translation of foreign subsidiaries’ financial statements and the effects of measuring financial instruments at their fair value as well as the change in benefit obligation.

Changes in the components of other comprehensive income (loss) in 2009 and 2008 were as follows:

  2009 2008
in million € Amount
before taxes
Tax effect Amount
after taxes
Amount
before taxes
Tax effect Amount
after taxes
Changes in unrealized gains / losses on derivative financial instruments 2 - 10 - 8 - 147 52 - 95
Change in unrealized gains / losses - 1 - 9 - 10 - 146 52 - 94
Realized gains / losses due to reclassifications 3 - 1 2 - 1 - 1
Benefit obligation adjustment - 5 - 1 - 6 - 7 4 - 3
Foreign currency translation adjustment - 37 6 - 31 111 0 111
Other comprehensive income (loss) - 40 - 5 - 45 - 43 56 13

  2009 2008
in million € Amount
before taxes
Tax effect Amount
after taxes
Amount
before taxes
Tax effect Amount
after taxes
Changes in unrealized gains / losses on derivative financial instruments 2 - 10 - 8 - 147 52 - 95
Change in unrealized gains / losses - 1 - 9 - 10 - 146 52 - 94
Realized gains / losses due to reclassifications 3 - 1 2 - 1 - 1
Benefit obligation adjustment - 5 - 1 - 6 - 7 4 - 3
Foreign currency translation adjustment - 37 6 - 31 111 0 111
Other comprehensive income (loss) - 40 - 5 - 45 - 43 56 13

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