Rogers 2008 Annual Report Download - page 90

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86 ROGERS COMMUNICATIONS INC. 2008 ANNUAL REPORT
Years ended December 31, 2008 and 2007 2008 2007
Net income for the year $ 1,002 $ 637
Other comprehensive income (loss):
Change in fair value of available-for-sale investments:
Increase (decrease) in fair value (146) 140
Gain on disposal – (2)
(146) 138
Cash flow hedging derivative instruments:
Change in fair value of derivative instruments 1,122 (635)
Reclassification to net income of foreign exchange gain (loss) on long-term debt (1,274) 742
Reclassification to net income of accrued interest 110 119
(42) 226
(188) 364
Related income taxes 43 (100)
(145) 264
Comprehensive income for the year $ 857 $ 901
See accompanying notes to consolidated financial statements.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(IN MILLIONS OF CANADIAN DOLLARS)