296 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Notes to the Group Financial Statements NOTES TO THE STATEMENT OF COMPREHENSIVE INCOME 19 Disclosures relating to the statement of comprehensive income Other comprehensive income for the period after tax comprises the following: in € million 2024 2023 Remeasurement of the net liability for defined benefit pension plans 302 – 142 Income taxes – 50 24 Items not expected to be reclassified to the income statement in the future 252 – 118 Marketable securities (at fair value through other comprehensive income) 2 113 thereof gains/losses arising in the period under report 12 33 thereof reclassifications to the income statement – 10 80 Derivative financial instruments – 3,306 – 1,808 thereof gains/losses arising in the period under report – 1,571 – 507 thereof reclassifications to the income statement – 1,735 – 1,301 Costs of hedging 919 766 thereof gains/losses arising in the period under report 72 – 102 thereof reclassifications to the income statement 847 868 Other comprehensive income from equity accounted investments 7 26 Income taxes 678 281 Currency translation foreign operations 1,108 – 1,772 Items that can be reclassified to the income statement in the future – 592 – 2,394 Other comprehensive income for the period after tax – 340 – 2,512