Non-controlling interests amounted to 2,226 million euros, mainly relating to companies belonging to the Brazil Business Unit (1,556 million euros) and the company Inwit (609 million euros), showing a drop of 120 million euros compared to December 31, 2016, as detailed below:
Year ended December 31, |
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2017 | 2016 | |||||||
(millions of euros) | ||||||||
Profit (loss) for the year attributable to Non-controlling interests |
166 | 158 | ||||||
Group Company dividends paid to non-controlling shareholders |
(64 | ) | (38 | ) | ||||
Changes in the Reserve for exchange differences on translating foreign operations |
(236 | ) | 109 | |||||
Disposal of the Sofora—Telecom Argentina group |
(1,582 | ) | ||||||
Other changes |
14 | 4 | ||||||
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Change for the year in Equity attributable to Non-Controlling interests |
(120 | ) | (1,349 | ) |