MasterCard 2009 Annual Report Download - page 89

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MASTERCARD INCORPORATED
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
For the Years Ended December 31,
2009 2008 2007
(In thousands)
Net Income (Loss) ........................................... $1,462,624 $(253,915) $1,085,886
Other comprehensive income (loss):
Foreign currency translation adjustments ...................... 36,820 (41,611) 96,996
Defined benefit pension and postretirement plans ............... 45,244 (62,681) 12,429
Income tax effect ......................................... (16,777) 23,029 (4,582)
28,467 (39,652) 7,847
Investment securities available-for-sale ....................... 32,762 (51,895) 478,716
Income tax effect ......................................... (12,060) 18,450 (167,885)
20,702 (33,445) 310,831
Reclassification adjustment for investment securities
available-for-sale ...................................... (1,782) (84,060) (374,427)
Income tax effect ......................................... 634 29,859 131,311
(1,148) (54,201) (243,116)
Derivatives accounted for as hedges .......................... — — (6,472)
Income tax effect ......................................... — — 2,200
— — (4,272)
Reclassification adjustment for derivatives accounted for as
hedges ............................................... — — 8,784
Income tax effect ......................................... — — (2,986)
— — 5,798
Other comprehensive income (loss), net of tax ..................... 84,841 (168,909) 174,084
Comprehensive Income (Loss) ................................. 1,547,465 (422,824) 1,259,970
Income attributable to non-controlling interests ..................... (92) — —
Comprehensive Income (Loss) Attributable to MasterCard ........ $1,547,373 $(422,824) $1,259,970
The accompanying notes are an integral part of these consolidated financial statements.
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