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15. COMPREHENSIVE INCOME (LOSS)
The components of comprehensive income (loss) are shown in the following table:
February 27,
2010
February 28,
2009
March 1,
2008
For the year ended
Net income ........................................................................................................................... $2,457,144 $ 1,892,616 $1,293,867
Net change in unrealized gains (losses) on available- for-sale investments ........................ 6,803 (7,161) 13,467
Net change in fair value of derivatives designated as cash flow hedges during the year,
net of income taxes of $13,190 (February 28, 2009 — tax recovery of $8,641; March 1,
2008 — income taxes of $19,238) ....................................................................................... 28,324 (6,168) 37,564
Amounts reclassified to earnings during the year, net of income tax recovery of $6,079
(February 28, 2009 — income taxes of $4,644; March 1, 2008 — income taxes of $5,142) .. 15,508 (16,497) (9,232)
Comprehensive income......................................................................................................... $2,507,779 $1,862,790 $1,335,666
The components of accumulated other comprehensive income (loss) are as follows:
February 27,
2010
February 28,
2009
March 1,
2008
As at
Accumulated net unrealized gains (losses) on available- for-sale investments........................ $ 6,715 $(88) $ 7,073
Accumulated net unrealized gains on derivative instruments designated as cash flow
hedges.................................................................................................................................. 44,377 545 23,210
Total accumulated other comprehensive income..................................................................... $51,092 $457 $30,283
The components of unrealized gains (losses) on derivative instruments are as follows:
February 27,
2010
February 28,
2009
As at
Unrealized gains included in other current assets..................................................................................... $97,261 $ 70,100
Unrealized losses included in accrued liabilities........................................................................................ (6,164) (56,827)
Net fair value of unrealized gains on derivative instruments..................................................................... $91,097 $ 13,273
16. SUPPLEMENTAL INFORMATION
(a) Cash flows resulting from net changes in working capital items are as follows:
February 27,
2010
February 28,
2009
March 1,
2008
For the year ended
Accounts receivable............................................................................................................... $(480,610) $(936,514) $(602,055)
Other receivables .................................................................................................................. (44,719) (83,039) (34,515)
Inventories............................................................................................................................. 60,789 (286,133) (140,360)
Other current assets.............................................................................................................. (52,737) (50,280) (26,161)
Accounts payable ................................................................................................................. 167,281 177,263 140,806
Accrued liabilities................................................................................................................... 442,065 506,859 383,020
Income taxes payable .......................................................................................................... (266,517) (113,868) 401,270
Deferred revenue................................................................................................................... 13,739 16,598 8,789
$ (160,709) $ (769,114) $ 130,794
NOTES 15  16
83