Shaw 2015 Annual Report Download - page 89

Download and view the complete annual report

Please find page 89 of the 2015 Shaw annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 110

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110

Shaw Communications Inc.
Notes to the Consolidated Financial Statements
August 31, 2015 and 2014
[all amounts in millions of canadian dollars except share and per share amounts]
20. OTHER COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED
OTHER COMPREHENSIVE LOSS
Components of other comprehensive income and the related income tax effects for 2015 are as follows:
Amount
$
Income taxes
$
Net
$
Items that may subsequently be reclassified to income
Change in unrealized fair value of derivatives designated as cash flow hedges 8 (2) 6
Adjustment for hedged items recognized in the period (8) 2 (6)
Unrealized loss on available-for-sale investment (3) – (3)
Exchange differences on translation of a foreign operation 184 – 184
Exchange differences on translation of US debt hedging a foreign operation (74) – (74)
107 – 107
Items that will not be subsequently reclassified to income
Remeasurements on employee benefit plans 7– 7
114 – 114
Components of other comprehensive loss and the related income tax effects for 2014 are as follows:
Amount
$
Income taxes
$
Net
$
Items that may subsequently be reclassified to income
Change in unrealized fair value of derivatives designated as cash flow hedges 3 – 3
Adjustment for hedged items recognized in the period (6) 1 (5)
Unrealized loss on available-for-sale investment (2) – (2)
(5) 1 (4)
Items that will not be subsequently reclassified to income
Remeasurements on employee benefit plans (58) 16 (42)
(63) 17 (46)
Accumulated other comprehensive loss is comprised of the following:
2015
$
2014
$
Items that may subsequently be reclassified to income
Unrealized loss on available-for-sale investment (5) (2)
Foreign currency translation adjustments 110 –
Items that will not be subsequently reclassified to income
Remeasurements on employee benefit plans (124) (131)
(19) (133)
2015 Annual Report Shaw Communications Inc. 87