Equifax 2004 Annual Report Download - page 53

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51
C O N S O L I D A T E D S T A T E M E N T S O F C O M P R E H E N S I V E I N C O M E ( L O S S )
Accumulated Other Comprehensive Loss consists of the following components:
December 31,
(in millions)
2004
2003 2002
Foreign currency translation
$(148.2)
$(173.7) $(239.6)
Minimum pension liability, net of accumulated tax of $70.2, $70.7
and $70.2 in 2004, 2003 and 2002, respectively
(117.0)
(120.1) (117.0)
Cash fl ow hedging transactions, net of tax of $1.1, $1.4 and
$1.9 in 2004, 2003 and 2002, respectively
(1.8)
(2.3) (2.8)
$(267.0)
$(296.1) $(359.4)
Comprehensive Income is as follows:
Twelve Months Ended
December 31,
(in millions)
2004
2003 2002
Net income
$234.7
$164.9 $178.0
Other comprehensive income (loss):
Foreign currency translation adjustment
29.5
65.9 (47.8)
Reclassifi cation adjustment for the gain on sale of discontinued operations
(4.0)
– –
Change in cumulative loss from cash fl ow hedging transactions
0.5
0.5 (2.0)
Minimum pension liability adjustment
3.1
(3.1) (112.4)
$263.8
$228.2 $15.8
See Notes to Consolidated Financial Statements.