eTrade 2006 Annual Report Download - page 79

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E*TRADE FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
(In thousands)
Year Ended December 31,
2006 2005 2004
Net income $628,859 $430,412 $ 380,483
Other comprehensive loss
Available-for-sale securities:
Unrealized gains, net 172 12,946 71,488
Less impact of realized gains (transferred out of accumulated other
comprehensive income) and included in net income, net (80,387) (77,858) (127,236)
Net change from available-for-sale securities (80,215) (64,912) (55,748)
Cash flow hedging instruments:
Unrealized gains (losses), net 36,409 7,032 (51,137)
Amortization of losses into operating interest expense related to
de-designated cash flow hedges deferred in accumulated other
comprehensive income, net 6,578 40,155 56,873
Net change from cash flow hedging instruments 42,987 47,187 5,736
Foreign currency translation gains (losses) 11,468 (16,788) (1,210)
Other comprehensive loss (25,760) (34,513) (51,222)
Comprehensive income $603,099 $395,899 $ 329,261
See accompanying notes to consolidated financial statements
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