25. 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 2007 and 2006 were as follows:

in million €	Amount before taxes	Tax effect	2007 Amount after taxes	Amount before taxes	Tax effect	2006 Amount after taxes

Unrealized gains/losses on securities	-	-	-	-	-	-
Changes in unrealized gains/losses on derivative financial instruments	-65	26	-39	24	-8	16
Change in unrealized gains/losses	-62	25	-37	21	-7	14
Realized gains/losses due to reclassifications	-3	1	-2	3	-1	2
Benefit obligation adjustment	66	-19	47	1	3	4
Foreign currency translation adjustment	-120	0	-120	-127	0	-127
Other comprehensive income (loss)	-119	7	-112	-102	-5	-107