Westjet 2012 Annual Report Download - page 65

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Consolidated Statement of Comprehensive Income
For the years ended December 31
(Stated in thousands of Canadian dollars)
2012
2011
Net earnings
242,392
148,702
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 (i)
(2,611)
2,532
Reclassification of net realized (gain) loss on foreign exchange derivatives to net
earnings (ii)
(926)
3,590
Net unrealized loss on interest rate derivatives (iii)
(566)
(397)
Reclassification of net realized loss on interest rate derivatives to net earnings (iv)
310
Net unrealized gain on fuel derivatives (v)
1,966
Reclassification of net realized gain on fuel derivatives to net earnings (vi)
(1,974)
(2,393)
7,117
Total comprehensive income
239,999
155,819
(i) Net of income taxes of $904 (2011 – $(870)).
(ii) Net of income taxes of $319 (2011 – $(1,250)).
(iii) Net of income taxes of $199 (2011 – $135).
(iv) Net of income taxes of $(108) (2011 – $nil).
(v) Net of income taxes of $nil (2011 – $(679)).
(vi) Net of income taxes of $nil (2011 – $682).
The accompanying notes are an integral part of the consolidated financial statements.
WestJet 2012 Annual Report
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