U-Haul 2016 Annual Report Download - page 60

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F-4
AMERCO AND CONSOLIDATED SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Fiscal Year Ended March 31, 2016
Pre-tax
Tax
Net
(In thousands)
Comprehensive income:
Net earnings
$
768,911
$
(279,910)
$
489,001
Other comprehensive income:
Foreign currency translation
(4,473)
–
(4,473)
Unrealized net loss on investments
(41,639)
14,573
(27,066)
Change in fair value of cash flow hedges
9,721
(3,694)
6,027
Postretirement benefit obligations loss
(1,029)
381
(648)
Total comprehensive income
$
731,491
$
(268,650)
$
462,841
Fiscal Year Ended March 31, 2015
Pre-tax
Tax
Net
(In thousands)
Comprehensive income:
Net earnings
$
561,418
$
(204,677)
$
356,741
Other comprehensive income:
Foreign currency translation
(19,883)
–
(19,883)
Unrealized net gain on investments
54,139
(18,949)
35,190
Change in fair value of cash flow hedges
8,203
(3,117)
5,086
Postretirement benefit obligations loss
(1,325)
490
(835)
Total comprehensive income
$
602,552
$
(226,253)
$
376,299
Fiscal Year Ended March 31, 2014
Pre-tax
Tax
Net
(In thousands)
Comprehensive income:
Net earnings
$
537,522
$
(195,131)
$
342,391
Other comprehensive income:
Foreign currency translation
(9,134)
–
(9,134)
Unrealized net loss on investments
(51,590)
17,936
(33,654)
Change in fair value of cash flow hedges
19,317
(7,340)
11,977
Postretirement benefit obligations loss
(697)
265
(432)
Total comprehensive income
$
495,418
$
(184,270)
$
311,148
The accompanying notes are an integral part of these consolidated financial statements.