Cogeco 2013 Annual Report Download - page 54

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Consolidated financial statements COGECO CABLE INC. 2013 53
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Years ended August 31, 2013 2012
(In thousands of Canadian dollars) $$
Profit for the year 185,083 224,963
Other comprehensive income (loss)
Items to be subsequently reclassified to profit or loss
Cash flow hedging adjustments
Net change in fair value of hedging derivative financial instruments 12,501 2,740
Net change in fair value of hedging derivative financial instruments reclassified to financial expense (12,787) (1,197)
Income tax expense on cash flow hedging adjustments (211)(430)
(497)1,113
Foreign currency translation adjustments
Net foreign currency translation differences on net investments in foreign operations 42,346 (745)
Net changes in unrealized adjustments on translation of long-term debt designated as hedges of net investments in
foreign operations (24,700) —
Reclassification to profit and loss of accumulated realized foreign currency translation gain of a net investment in foreign
operations —(19,817)
17,646 (20,562)
17,149 (19,449)
Items not to be subsequently reclassified to profit or loss
Defined benefit pension plans actuarial adjustments
Net change in defined benefit pension plans actuarial adjustments 3,243 (4,181)
Income tax recovery (expense) on defined benefit pension plans actuarial adjustments (872)1,125
2,371 (3,056)
Other comprehensive income (loss) for the year 19,520 (22,505)
Comprehensive income for the year 204,603 202,458