Rogers 2014 Annual Report Download - page 93

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CONSOLIDATED FINANCIAL STATEMENTS
Consolidated Statements of Comprehensive Income
(In millions of Canadian dollars)
Years ended December 31 Note 2014 2013
Net income for the year 1,341 1,669
Other comprehensive income (loss):
Items that will not be reclassified to income:
Defined benefit pension plans:
Remeasurements 23 (168) 134
Related income tax recovery (expense) 45 (36)
Items that will not be reclassified to net income (123) 98
Items that may subsequently be reclassified to income:
Change in fair value of available-for-sale investments:
Increase in fair value 369 181
Related income tax expense (49) (23)
320 158
Cash flow hedging derivative instruments:
Unrealized gain in fair value of derivative instruments 925 197
Reclassification to net income of gain on debt derivatives (599) (343)
Reclassification to net income for loss on repayment of long-term debt 16 29 –
Reclassification to net income or property, plant and equipment of gain on
expenditure derivatives (69) (19)
Reclassification to net income for accrued interest (1) 44
Related income tax (expense) recovery (80) 10
205 (111)
Share of other comprehensive income of equity-accounted investments 10 –
Items that may subsequently be reclassified to net income 535 47
Other comprehensive income for the year 412 145
Comprehensiveincomefortheyear 1,753 1,814
The accompanying notes are an integral part of the consolidated financial statements.
2014 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 89