Cogeco 2015 Annual Report Download - page 62

Download and view the complete annual report

Please find page 62 of the 2015 Cogeco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 109

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109

Consolidated financial statements COGECO CABLE INC. 2015 61
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Years ended August 31, Note 2015 2014
(In thousands of Canadian dollars) $$
Profit for the year 257,750 209,441
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 43,702 5,299
Net change in fair value of hedging derivative financial instruments reclassified to financial expense (43,396) (6,517)
Related income taxes (272)(94)
34 (1,312)
Foreign currency translation adjustments
Net foreign currency translation differences on net investments in foreign operations 150,274 24,803
Net changes in unrealized adjustments on translation of long-term debt designated as hedges of net
investments in foreign operations (94,813) (14,268)
55,461 10,535
55,495 9,223
Items not to be subsequently reclassified to profit or loss
Defined benefit plans actuarial adjustments
Remeasurement of net defined benefit liability 20 181 306
Related income taxes (49) (83)
132 223
Other comprehensive income for the year 55,627 9,446
Comprehensive income for the year 313,377 218,887