Air New Zealand 2011 Annual Report Download - page 5

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The accompanying accounting policies and notes form part of these financial statements.
NOTE
GROUP
2011
$M
GROUP
2010
$M
COMPANY
2011
$M
COMPANY
2010
$M
Net Profit for the Year 81 82 223 (45)
Other Comprehensive Income/(Loss):
Changes in fair value of cash flow hedges (185) (59) (204) (56)
Transfers to net profit from cash flow hedge reserve 64 (33) 66 (33)
Transfers to asset carrying value from cash flow hedge reserve 121 (1) 121 (1)
Changes in fair value of investment in quoted equity instruments 12 (81) - - -
Net translation loss on investment in foreign operation - (1) - -
Taxation on above reserve movements (4) 28 3 27
Other Comprehensive Income/(Loss) for the Year, Net of Tax (85) (66) (14) (63)
Total Comprehensive Income/(Loss) for the Year Attributable to
Shareholders of the Parent Company (4) 16 209 (108)
AIR NEW ZEALAND ANNUAL FINANCIAL RESULTS 2011
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR TO 30 JUNE 2011