eTrade 2005 Annual Report Download - page 109

Table of Contents
E*TRADE FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(in thousands)
Year Ended December31,
2005
2004
2003
Net income
$
430,412
$
380,483
$
203,027
Other comprehensive income (loss):
Available-for-sale securities:
Unrealized gains, net
12,946
71,488
187,012
Less impact of realized gains (transferred out of AOCI) and included in net
income, net
(77,858
)
(127,236
)
(142,016
)
Net change from available-for-sale securities
(64,912
)
(55,748
)
44,996
Cash flow hedging instruments:
Unrealized gains (losses), net
7,032
(51,137
)
(21,173
)
Amortization of losses into interest expense related to de-designated cash flow
hedges deferred in AOCI, net
40,155
56,873
85,699
Net change from cash flow hedging instruments
47,187
5,736
64,526
Foreign currency translation gains (losses)
(16,788
)
(1,210
)
31,958
Other comprehensive income (loss)
(34,513
)
(51,222
)
141,480
Comprehensive income
$
395,899
$
329,261
$
344,507
See accompanying notes to consolidated financial statements.
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2006. EDGAR Online, Inc.