Westjet 2011 Annual Report Download - page 68

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│
Consolidated Statement of Comprehensive Income
For the years ended December 31
(Stated in thousands of Canadian dollars)
2011 2010
Net earnings 148,702 90,197
Items to be reclassified to net earnings:
Other comprehensive income, net of tax:
Amortization of hedge settlements to aircraft leasing 1,400 1,400
Net unrealized gain (loss) on foreign exchange derivatives under cash flow hedge
accounting (i) 2,532 (3,460)
Reclassification of net realized loss on foreign exchange derivatives to net earnings (ii) 3,590 1,557
Net unrealized loss on interest rate derivatives under cash flow hedge accounting(iii) (397) −
Net unrealized gain (loss) on fuel derivatives under cash flow hedge accounting (iv) 1,966 (1,778)
Reclassification of net realized (gain) loss on fuel derivatives to net earnings (v) (1,974) 6,663
7,117 4,382
Total comprehensive income 155,819 94,579
(i) Net of income taxes of $(870) (2010 – $1,224).
(ii) Net of income taxes of $(1,250) (2010 – $(586)).
(iii) Net of income taxes of $135 (2010 – $nil).
(iv) Net of income taxes of $(679) (2010 – $670).
(v) Net of income taxes of $682 (2010 – $(2,509)).
The accompanying notes are an integral part of the consolidated financial statements.
WestJet Annual Report 2011 68