Rogers 2011 Annual Report Download - page 84

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CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(IN MILLIONS OF CANADIAN DOLLARS)
Years ended December 31, 2011 2010
Net income for the year $ 1,563 $ 1,502
Other comprehensive income (loss):
Defined benefit pension plans:
Actuarial loss (89) (80)
Related income tax recovery 22 21
(67) (59)
Change in fair value of available-for-sale investments:
Increase in fair value 174 102
Related income tax expense (22) (13)
152 89
Cash flow hedging derivative instruments:
Change in fair value of derivative instruments 33 (221)
Reclassification to net income due to settlement of cross-currency interest rate exchange agreements 22 –
Reclassification to net income for foreign exchange (loss)/gain on long-term debt (73) 264
Reclassification to net income of accrued interest 69 97
Related income tax expense (21) (25)
30 115
Other comprehensive income for the year 115 145
Comprehensive income for the year $ 1,678$ 1,647
See accompanying notes to consolidated financial statements.
80 ROGERS COMMUNICATIONS INC. 2011 ANNUAL REPORT