DELPHI 2012 Annual Report Download - page 88

66
DELPHI AUTOMOTIVE PLC
CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY
Ordinary Shares Membership Interests
Number
of
Shares Amount
Additional
Paid in
Capital Retained Earnings Class AClass BClass CClass E-1 Total
Accumulated
Other
Compre-
hensive
Income
(Loss)
Total
Delphi
Share-
holders’
Equity
Non-
controll
ing
Interest
Total
Share-
holders’
Equity
(in millions)
Balance at
December 31, 2009 — $ — $ — $ — $1,969 $2,406 $ 539 $ — $4,914 $ 24 $ 4,938 $ 428 $ 5,366
Net income.............. — — — — 114 410 107 — 631 — 631 72 703
Other
comprehensive
income............... — — — — — — — — — 67 67 3 70
Dividends................ — — — — — — — — — — — (45)(45)
Restricted Interest
Recognized........ — — — — — — — 5 5 — 5 — 5
Balance at
December 31, 2010 — $ — $ — $ — $2,083 $2,816 $ 646 $ 5 $5,550 $ 91 $ 5,641 $ 458 $ 6,099
Net income.............. — — — 110 76 930 25 4 1,035 — 1,145 78 1,223
Other
comprehensive
income............... — — — — — — — — — (274)(274) 5 (269)
Dividends................ — — — — — (92) — (1)(93) — (93)(51)(144)
Restricted Interest
Recognized........ — — — — — — — 7 7 — 7 — 7
Acquisition of
minority interest — — — — 1 1 — — 2 — 2 (7)(5)
Redemption of
membership
interest............... — — — — (2,160) (1,911)(671)(5)(4,747) — (4,747) — (4,747)
Equity conversion--
November.......... 328 3 1,751 — — (1,744) — (10)(1,754) — — — —
Share based
compensation..... — — 7 — — — — — — — 7 — 7
Balance at
December 31, 2011 328 $ 3 $ 1,758 $ 110 $ — $ — $ — $ — $ — $ (183) (a) $ 1,688 $ 483 $ 2,171
Net income.............. — — — 1,077 — — — — — — 1,077 83 1,160
Other
comprehensive
income............... — — — — — — — — — (54) (54) 2 (52)
Dividends................ — — — — — — — — — — — (66)(66)
Acquisition of
minority interest — — — — — — — — — — — (17)(17)
VCP payout............. — — 16 — — — — — — — 16 — 16
Repurchase of
ordinary shares .. (13) — (72) (331) — — — — — — (403) — (403)
Share based
compensation..... — — 21 — — — — — — — 21 — 21
Balance at
December 31, 2012 315 $ 3 $ 1,723 $ 856 $ — $ — $ — $ — $ — $ (237) (b) $ 2,345 $ 485 $ 2,830
(a) As of December 31, 2011, Accumulated Other Comprehensive Loss totaled $183 million (net of a $31 million tax effect) and included:
• A loss from currency translation adjustments and other of $120 million;
• A loss from net changes in unrecognized income on derivative instruments of $45 million (net of a $26 million tax effect); and
• A loss from employee benefit plans adjustments of $18 million (net of a $5 million tax effect)
(b) As of December 31, 2012, Accumulated Other Comprehensive Loss totaled $237 million (net of a $55 million tax effect) and included:
• A loss from currency translation adjustments and other of $62 million;
• A gain from net changes in unrecognized income on derivative instruments of $14 million (net of a $7 million tax effect); and
• A loss from employee benefit plans adjustments of $189 million (net of a $62 million tax effect)
See notes to consolidated financial statements.