Reconciliation between parent and consolidated equity

(k)Equity at 31.12.2014Changes in equity  Profit (loss) for 2015  Equity at 31.12.2015
Autogrill S.p.A. separate financial statements 391,890 24,422 59,347 475,659
Effect of the consolidation of subsidiaries’ financial statements and related deferred taxation* 41,115 (18,287) 4,806 27,635
Translation reserve 25,528 30,750 - 56,278
Group consolidated financial statements 458,534 36,884 64,153 559,572
Equity attributable to non-controlling interests 32,125 (6,119) 14,394 40,400
Total consolidated equity 490,659 30,765 78,547 599,972
     

*The amount includes the combined effect of the subsidiaries contribution to consolidated profit (E 103,224k) and the elimination of dividends paid by subsidiaries to the parent (€ 98,418k)