Royal Caribbean Cruise Lines 2007 Annual Report Download - page 30

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28
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY continued
The following tables summarize activity in accumulated other comprehensive income (loss) related to derivatives designated as cash
flow hedges, change in defined benefit plans and the foreign currency translation adjustments (in thousands):
Year Ended December 31, 2007 2006 2005
Accumulated net (loss) gain on cash flow derivative hedges at beginning of year
$ (14,664)
$(18,171) $ 82,301
Net gain (loss) on cash flow derivative hedges
163,444
(7,483) (86,456)
Net (loss) gain reclassified into earnings
(10,921)
10,990 (14,016)
Accumulated net gain (loss) on cash flow derivative hedges at end of year
$137,859
$(14,664) $(18,171)
Changes Related Foreign Accumulated
to Cash Flow Change in Currency Other
Derivative Defined Translation Comprehensive
Hedges Benefit Plans Adjustments Income (Loss)
Accumulated other comprehensive loss at beginning
of the year $ (14,664) $(9,258) $ (6,880) $ (30,802)
Current-period change 152,523 3,500 (4,266) 151,757
Accumulated other comprehensive loss at end of year $137,859 $(5,758) $(11,146) $120,955
The accompanying notes are an integral part of these consolidated financial statements.