Air Canada 2014 Annual Report Download - page 90

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90 2014 Annual Report
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31
CANADIAN DOLLARS IN MILLIONS 2014 2013
COMPREHENSIVE INCOME
Net income $ 105 $ 10
Other comprehensive income, net of taxes of nil:
Items that will not be reclassified to net income
Remeasurements on employee benefit liabilities Note 9 167 1,908
TOTAL COMPREHENSIVE INCOME $ 272 $ 1,918
Comprehensive income attributable to:
Shareholders of Air Canada $ 267 $ 1,914
Non-controlling interests 5 4
TOTAL COMPREHENSIVE INCOME $ 272 $ 1,918
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
CANADIAN DOLLARS IN
MILLIONS
SHARE
CAPITAL
CONTRIBUTED
SURPLUS DEFICIT
TOTAL
SHAREHOLD-
ERS’ EQUITY
NON-CON-
TROLLING
INTERESTS
TOTAL
EQUITY
January 1, 2013 $ 813 $ 62 $ (4,281) $ (3,406) $ 59 $ (3,347)
Net income - - 6 6 4 10
Remeasurements on employee
benefit liabilities - - 1,908 1,908 -1,908
Total comprehensive income - - 1,914 1,914 41,918
Share-based compensation -12 -12 -12
Share units reclassed to equity
settled (Note 2i) - 7 - 7 - 7
Repurchase of warrants (Note 13) (2) - - (2) -(2)
Shares issued (Note 13) 16 (1) -15 -15
December 31, 2013 $ 827 $ 80 $ (2,367) $ (1,460) $ 63 $ (1,397)
Net income - - 100 100 5105
Remeasurements on employee
benefit liabilities - - 167 167 -167
Total comprehensive income - - 267 267 5272
Share-based compensation - 2 (13) (11) -(11)
Shares issued (Note 13) 2(1) - 1 - 1
Shares vested for employee
recognition award (Note 13) 6(4) - 2 - 2
December 31, 2014 $ 835 $ 77 $ (2,113) $ (1,201) $ 68 $ (1,133)
The accompanying notes are an integral part of the consolidated financial statements.