Sun Life 2012 Annual Report Download - page 90

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
For the years ended December 31, (in millions of Canadian dollars) 2012 2011(1)
Total net income (loss) $ 1,681 $ (254)
Other comprehensive income (loss), net of taxes:
Change in unrealized foreign currency translation gains (losses):
Unrealized gains (losses) before net investment hedges (212) 270
Unrealized gains (losses) on net investment hedges 33 (43)
Reclassifications to net income (loss) –(8)
Change in unrealized gains (losses) on available-for-sale assets:
Unrealized gains (losses) 431 117
Reclassifications to net income (loss) (147) (184)
Change in unrealized gains (losses) on cash flow hedges:
Unrealized gains (losses) 15 (43)
Reclassifications to net income (loss) (11) 14
Total other comprehensive income (loss) 109 123
Total comprehensive income (loss) 1,790 (131)
Less: Participating policyholders’ comprehensive income (loss) 58
Less: Non-controlling interests in comprehensive income (loss) –9
Shareholders’ comprehensive income (loss) $ 1,785 $ (148)
INCOME TAXES INCLUDED IN OTHER COMPREHENSIVE INCOME (LOSS)
For the years ended December 31, (in millions of Canadian dollars) 2012 2011
Income tax benefit (expense):
Unrealized foreign currency translation gains / losses, including net investment hedges $3$2
Reclassifications to net income of foreign currency translation gains / losses –(8)
Unrealized gains / losses on available-for-sale assets (93) (8)
Reclassifications to net income for available-for-sale assets 34 58
Unrealized gains / losses on cash flow hedges (17) (5)
Reclassifications to net income for cash flow hedges 4(5)
Total income tax benefit (expense) included in other comprehensive income (loss) $ (69) $34
(1) Balances have been restated. Refer to Note 2.
The attached notes form part of these Consolidated Financial Statements.
88 Sun Life Financial Inc. Annual Report 2012 Consolidated Financial Statements