Air New Zealand 2010 Annual Report Download - page 5

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The accompanying accounting policies and notes form part of these financial statements.
GROUP
2010
$M
GROUP
2009
$M
COMPANY
2010
$M
COMPANY
2009
$M
Net Profit for the Year 82 21 (45) (118)
Other Comprehensive Income:
Changes in fair value of cash flow hedges (59) 117 (56) 117
Transfers to net profit from cash flow hedge reserve (33) (10) (33) (10)
Transfers to asset carrying value from cash flow hedge reserve (1) (17) (1) (17)
Net translation (loss)/gain on investment in foreign operation (1) 1 - -
Taxation on above reserve movements 28 (25) 27 (27)
Other Comprehensive Income for the Year, Net of Tax (66) 66 (63) 63
Total Comprehensive Income for the Year Attributable to
Shareholders of the Parent Company 16 87 (108) (55)
3
AIR NEW ZEALAND
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR TO 30 JUNE 2010