Twenty-First Century Fox 2008 Annual Report Download - page 85

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NEWSCORP
Consolidated Statements of Stockholders’ Equity and
Other Comprehensive Income
2008 2007 2006
Shares Amount Shares Amount Shares Amount
For the years ended June 30, (In Millions)
Class A common stock:
Balance, beginning of year 2,139 $ 21 2,169 $ 22 2,237 $ 22
Acquisitions — — 2
Shares issued 16 28 50 1
Treasury shares (38)
Shares repurchased (345) (3) (58) (1) (82) (1)
Balance, end of year 1,810 18 2,139 21 2,169 22
Class B common stock:
Balance, beginning of year 987 10 987 10 1,030 10
Shares repurchased (188) (2) (43)
Balance, end of year 799 8 987 10 987 10
Additional Paid-In Capital:
Balance, beginning of year 27,333 28,153 30,044
Acquisitions 31 — 33
Issuance of shares 198 394 750
Repurchase of shares (10,527) (1,293) (2,026)
Treasury shares (592)
Dividends declared (239)
Other 179 79 183
Balance, end of year 17,214 27,333 28,153
Retained Earnings:
Balance, beginning of year 4,613 1,609 (527)
Net income 5,387 3,426 2,314
Dividends declared (338) (362) (178)
Change in value of minority put arrangements and other (45) (60)
Balance, end of year 9,617 4,613 1,609
Accumulated Other Comprehensive Income (Loss):
Balance, beginning of year 945 80 (172)
Adoption of Statement of Financial Accounting Standards Statement No. 158, net of tax (199)
Other comprehensive income, net of income tax benefit (expense) of $61 million, $(1) million
and $(124) million 821 1,064 252
Balance, end of year 1,766 945 80
Retained Earnings and accumulated other comprehensive income, end of year 11,383 5,558 1,689
Total Stockholders’ Equity $ 28,623 $32,922 $ 29,874
Comprehensive Income:
Net income 5,387 3,426 2,314
Other comprehensive income, net of tax:
Unrealized holding (losses) gains on securities (69) 121 (64)
Benefit plan adjustments (86) 73 167
Foreign currency translation adjustments 976 870 149
Total other comprehensive income, net of tax 821 1,064 252
Total comprehensive income $ 6,208 $ 4,490 $ 2,566
The accompanying notes are an integral part of these audited consolidated financial statements.
84 NEWSCORP 2008 Annual Report