Virgin Media 2013 Annual Report Download - page 84

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VIRGIN MEDIA INC.
(See note 1)
Notes to Consolidated Financial Statements — (Continued)
December 31, 2013, 2012 and 2011
II - 59
(14) Accumulated Other Comprehensive Earnings (Loss)
Accumulated other comprehensive earnings (loss) included in our consolidated balance sheets and statements of equity reflect
the aggregate impact of foreign currency translation adjustments, unrealized gains and losses on cash flow hedges and pension
related adjustments. The changes in the components of accumulated other comprehensive earnings (loss), net of taxes, are
summarized as follows:
Foreign
currency
translation
adjustments
Unrealized
losses on
cash flow
hedges
Pension
related
adjustments
Total
accumulated
other
comprehensive
earnings (loss)
in millions
Predecessor:
Balance at January 1, 2011......................................................... £ 162.6 £ (9.2) £ (66.9) £ 86.5
Other comprehensive loss ........................................................ (12.7)(23.2)(20.6)(56.5)
Balance at December 31, 2011................................................... 149.9 (32.4)(87.5) 30.0
Other comprehensive loss ........................................................ 11.3 (36.1)(11.0)(35.8)
Balance at December 31, 2012................................................... 161.2 (68.5)(98.5)(5.8)
Other comprehensive loss ........................................................ (9.8)(7.6) 0.6 (16.8)
Balance at June 7, 2013 .............................................................. £ 151.4 £ (76.1) £ (97.9) £ (22.6)
Successor:
Balance at June 8, 2013 (a)......................................................... £ — £ — £ — £ —
Other comprehensive earnings................................................. 147.2 — (1.6) 145.6
Balance at December 31, 2013................................................... £ 147.2 £ — £ (1.6) £ 145.6
______________
(a) As a result of the application of acquisition accounting in connection with the LG/VM Transaction, the accumulated
other comprehensive loss balance was eliminated. For more information regarding the LG/VM Transaction, see note 3.