Cogeco 2014 Annual Report Download - page 59

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58 COGECO CABLE INC. 2014 Consolidated financial statements
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Years ended August 31, Note 2014 2013
(In thousands of Canadian dollars) $$
(restated, Notes 3
and 6)
Profit for the year 209,441 184,895
Other comprehensive income
Items to be subsequently reclassified to profit or loss
Cash flow hedging adjustments
Net change in fair value of hedging derivative financial instruments 5,299 12,501
Net change in fair value of hedging derivative financial instruments reclassified to financial expense (6,517)(12,787)
Related income taxes (94) (211)
(1,312)(497)
Foreign currency translation adjustments
Net foreign currency translation differences on net investments in foreign operations 24,803 41,194
Net changes in unrealized adjustments on translation of long-term debt designated as hedges of net
investments in foreign operations (14,268) (24,700)
10,535 16,494
9,223 15,997
Items not to be subsequently reclassified to profit or loss
Defined benefit plans actuarial adjustments
Remeasurement of net defined benefit liability 20 306 3,499
Related income taxes (83) (940)
223 2,559
Other comprehensive income for the year 9,446 18,556
Comprehensive income for the year 218,887 203,451