EMC 2005 Annual Report Download - page 48

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Table of Contents
EMC CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(in thousands)
For the Year Ended December 31,
2005
2004
2003
Net income $1,133,165 $871,189 $496,108
Other comprehensive income (loss), net of taxes (benefit):
Foreign currency translation adjustments, net of taxes of
$(10,716), $4,979 and $7,677 (20,354) (543) 1,068
Equity adjustment for minimum pension liability, net of taxes
of $0, $0 and $53,880 — — 89,800
Changes in market value of investments, including unrealized
gains and losses and reclassification adjustments to net income, net of taxes (benefit) of $3,543, $(11,900) and
$(20,083) (9,309) (36,545) (35,183)
Changes in market value of derivatives, net of taxes of
$96, $0 and $0 898 (31) —
Other comprehensive income (loss) (28,765) (37,119) 55,685
Comprehensive income $1,104,400 $834,070 $551,793
The accompanying notes are an integral part of the consolidated financial statements.
41