Royal Caribbean Cruise Lines 2011 Annual Report Download - page 74
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2011 ANNUAL REPORT 70
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Accumulated
Other
Comprehensive Total
Common Paid-in Retained Income Treasury Shareholders’
(in thousands)
Stock Capital Earnings (Loss) Stock Equity
Balances at January 1, 2009
() ()
Issuance under employee related plans
— — —
Distribution of Rabbi Trust shares
— — — —
Changes related to cash flow derivative hedges
— — — —
Change in defined benefit plans
— — — () — ()
Foreign currency translation adjustments
— — — —
Net income
— — — —
Balances at December 31, 2009
()
Issuance under employee related plans
— — —
Dividends declared by Pullmantur Air, S.A.1
— — () — — ()
Changes related to cash flow derivative hedges
— — — () — ()
Change in defined benefit plans
— — — () — ()
Foreign currency translation adjustments
— — — () — ()
Net income
— — — —
Balances at December 31, 2010
()
Issuance under employee related plans
— — —
Common Stock dividends
— — () — — ()
Dividends declared by Pullmantur Air, S.A.1
— — () — — ()
Changes related to cash flow derivative hedges
— — — () — ()
Change in defined benefit plans
— — — () — ()
Foreign currency translation adjustments
— — — () — ()
Net income
— — — —
Balances at December 31, 2011
() ()
1 Dividends declared by Pullmantur Air, S.A. to its non-controlling shareholder. See Note 6. Other Assets for further information
regarding Pullmantur Air, S.A.’s ownership structure.
Comprehensive income is as follows (in thousands):
Year Ended December 31,
Net income
Changes related to cash flow derivative hedges () ()
Change in defined benefit plans () () ()
Foreign currency translation adjustments () ()
Total comprehensive income
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,
Accumulated net gain (loss) on cash flow derivative hedges at
beginning of year ()
Net (loss) gain on cash flow derivative hedges ()
Net (gain) loss reclassified into earnings () ()
Accumulated net gain (loss) on cash flow derivative hedges at end of year ()
Changes Foreign Accumulated
related to cash Change in currency other
flow derivative defined translation comprehensive
hedges benefit plans adjustments income (loss)
Accumulated other comprehensive gain
at beginning of the year ()
Current-period change () () () ()
Accumulated other comprehensive gain at
end of year () () () ()
The accompanying notes are an integral part of these consolidated financial statements.