Adaptec 2001 Annual Report Download - page 85

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85
(1) PMC-Sierra, Ltd. Special Shares are included in the calculation of basic weighted average common shares
outstanding.
NOTE 15. Comprehensi ve Income
The components of comprehensive income, net of tax, are as follows:
NOTE 16. Rel ated Party Transactions
During the year, the Company made a real estate loan of approximately $2 million to a former
officer of a subsidiary company. This interest-bearing loan is secured by real estate assets and
the equivalent of approximately 76,000 common shares of the Company, and matures on
December 31, 2002. As at December 31, 2001, the full amount of the loan remains outstanding
and is included in other investments and assets.
ITEM 9. Changes in and Di sagreements wi th Accountants on Accounti ng and Fi nanci al
Di sclosure.
Not applicable.
Year Ended December 31,
(in thousands) 2001 2000 1999
Net income (loss) (639,054)$ 75,298$ 71,829$
Other comprehensive income:
Change in net unrealized gains on investments, net of tax of
$4,914 in 2001 (2000 - $22,629 and 1999 - nil) (7,071) 32,563 -
Total (646,125)$ 107,861$ 71,829$