Consolidated Statements of Comprehensive (Loss) Income
|
For the years ended December 31,
(in thousands of Canadian dollars)
|
|||||||
|
|
2011 |
2010 |
|||||
|
Net (loss) earnings |
$ |
(2,828,999) |
$ |
229,406 |
|||
|
Other comprehensive income (loss), net of related income taxes: |
|||||||
|
Reclassification adjustment on derivatives designated as cash flow hedges in the year1 |
|
(88) |
|
348 |
|||
|
Change in gains and losses on derivatives designated as cash flow hedges |
|
(88) |
|
348 |
|||
|
|
|||||||
|
Unrealized loss on available–for–sale investment in the year2 |
|
(81) |
|
(193) |
|||
|
Change in unrealized loss on available–for–sale financial asset |
|
(81) |
|
(193) |
|||
|
|
|||||||
|
Unrealized exchange differences on translating financial statements of foreign operations and foreign associates3 |
|
(5,410) |
|
(7,922) |
|||
|
Reclassification adjustment of cumulative translation loss realized upon disposition of foreign operations (Note 7) |
|
4,590 |
|
2,924 |
|||
|
Change in unrealized exchange differences on translating financial statements of foreign operations and foreign associates |
|
(820) |
|
(4,998) |
|||
|
|
|||||||
|
Actuarial losses4 |
|
(77,652) |
|
(56,285) |
|||
|
Retirement benefits |
|
(77,652) |
|
(56,285) |
|||
|
Other comprehensive loss |
|
(78,641) |
|
(61,128) |
|||
|
Total comprehensive (loss) income |
$ |
(2,907,640) |
$ |
168,278 |
|||
|
Total comprehensive (loss) income attributable to: |
|||||||
|
Common shareholders of Yellow Media Inc.5 |
$ |
(2,909,695) |
$ |
167,995 |
|||
|
Non-controlling interests |
|
2,055 |
|
(18,900) |
|||
|
Holders of Preferred shares, series 3, 5 and 7 |
|
– |
|
19,183 |
|||
|
|
$ |
(2,907,640) |
$ |
168,278 |
|||
- 1 Net of income taxes of $28 (2010 - $164).
- 2 Net of income taxes of $nil (2010 - $nil).
- 3 Unrealized exchange differences on translating financial statements of foreign operations and foreign associates include $3.9 million loss (2010 $7.8 million loss) for discontinued operations and $1.5 million loss for continuing operations (2010 - $0.1 million loss).
- 4 Net of income taxes of $27.1 million (2010 - $19.5 million).
- 5 Included in the total comprehensive income attributable to common shareholders for the year ended December 31, 2010 is total comprehensive income attributable to Owners of the Fund until October 31, 2010.
The accompanying notes are an integral part of these consolidated financial statements.