Air New Zealand 2014 Annual Report Download - page 5

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The accompanying accounting policies and notes form part of these financial statements.
AIR NEW ZEALAND ANNUAL FINANCIAL RESULTS 2014 3
NOTES
GROUP
2014
$M
GROUP
2013
$M
COMPANY
2014
$M
COMPANY
2013
$M
Net Profit for the Year
Other Comprehensive Income:
Items that will not be reclassified to profit or loss:
Changes in fair value of investment in quoted equity instruments
Actuarial gains on defined benefit plans
Taxation on above reserve movements
13
28
262
(18)
8
(3)
181
(6)
13
(2)
532
-
8
(3)
348
-
13
(2)
Total items that will not be reclassified to profit or loss
Items that may be reclassified subsequently to profit or loss:
Changes in fair value of cash flow hedges
Transfers to net profit from cash flow hedge reserve
Transfers to asset carrying value from cash flow hedge reserve
Net translation loss on investment in foreign operations
Taxation on above reserve movements
(13)
(20)
(48)
(33)
(5)
28
5
85
(5)
(28)
(8)
(15)
5
(33)
(46)
(33)
-
32
11
82
-
(28)
-
(16)
Total items that may be reclassified subsequently to profit or loss (78) 29 (80) 38
Total Other Comprehensive Income for the Year, Net of Taxation (91) 34 (75) 49
Total Comprehensive Income for the Year, Attributable to
Shareholders of the Parent Company 171 215 457 397
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR TO 30 JUNE 2014