Notes to the Consolidated Financial Statements in CHF million Foreign Cash flow Retained Non- TToottaall currency hedging earnings controlling translation reserve interests reserve 2020 Gains/(losses) on cash flow hedges taken to equity – 0.1 – – 0.1 Deferred tax on gains/losses on cash flow hedges taken to equity – – – – – (Gains)/losses on cash flow hedges reclassified from equity to income statement – (1.8) – – (1.8) Deferred tax on gains/losses on cash flow hedges reclassified from equity to income statement – 0.2 – – 0.2 Foreign currency translation differences (56.9) – – (0.7) (57.6) Deferred tax on foreign currency translation differences 0.5 – – – 0.5 Items that may be subsequently reclassified to the income statement ((5566..44)) ((11..55)) –– ((00..77)) ((5588..66)) Remeasurements on employee benefits – – 18.6 – 18.6 Deferred tax on remeasurements on employee benefits – – (2.0) – (2.0) Items that will never be reclassified to the income statement –– –– 1166..66 –– 1166..66 Total other comprehensive income 2020 ((5566..44)) ((11..55)) 1166..66 ((00..77)) ((4422..00)) in CHF million Foreign Cash flow Retained Non- TToottaall currency hedging earnings controlling translation reserve interests reserve 2019 Gains/(losses) on cash flow hedges taken to equity – 1.2 – – 1.2 Deferred tax on gains/losses on cash flow hedges taken to equity – (0.1) – – (0.1) (Gains)/losses on cash flow hedges reclassified from equity to income statement – (2.8) – – (2.8) Deferred tax on gains/losses on cash flow hedges reclassified from equity to income statement – 0.3 – – 0.3 Foreign currency translation differences (48.0) – – (0.1) (48.1) Deferred tax on foreign currency translation differences 0.2 – – – 0.2 Items that may be subsequently reclassified to the income statement ((4477..88)) ((11..44)) –– ((00..11)) ((4499..33)) Remeasurements on employee benefits – – (81.7) – (81.7) Deferred tax on remeasurements on employee benefits – – 13.4 – 13.4 Items that will never be reclassified to the income statement –– –– ((6688..33)) –– ((6688..33)) Total other comprehensive income 2019 ((4477..88)) ((11..44)) ((6688..33)) ((00..11)) ((111177..66)) 2020 Financial Report | 51