France Telecom (FTE) | Statement of Comprehensive Income
Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
France Telecom, Consolidated Statement of Comprehensive Income
USD $ in millions, translated from EUR €
| 12 months ended | Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
|---|---|---|---|---|---|---|
| Consolidated net income after tax | 1,456 | 4,966 | 6,472 | 4,966 | 6,253 | |
| Actuarial gains and losses on post-employment benefits | (109) | (60) | (155) | – | – | |
| Assets available for sale | 9 | (13) | (21) | 46 | (75) | |
| Cash flow hedges | (520) | (4) | 141 | (325) | 639 | |
| Net investment hedges | 131 | (18) | (106) | – | (36) | |
| Exchange differences on translating foreign operations | 348 | (1,366) | 2,272 | 251 | (2,954) | |
| Income tax relating to components of other comprehensive income | 164 | 8 | 82 | 89 | (202) | |
| Share of other comprehensive income in associates | (25) | (14) | 40 | (7) | – | |
| Other comprehensive income for the year | (3) | (1,467) | 2,252 | 53 | (2,628) | |
| Comprehensive income for the year | 1,453 | 3,499 | 8,723 | 5,019 | 3,625 | |
| Non-controlling interests | (467) | 222 | (69) | (679) | (320) | |
| Comprehensive income attributable to owners of the parent | 986 | 3,721 | 8,654 | 4,340 | 3,305 |
| Item | Description | The company |
|---|---|---|
| Actuarial gains and losses on post-employment benefits | Net changes to accumulated comprehensive income during the period related to benefit plans, after tax, attributable to the parent entity. | France Telecom's actuarial gains and losses on post-employment benefits increased from 2010 to 2011 but then slightly declined from 2011 to 2012 not reaching 2010 level. |
| Assets available for sale | Gross appreciation or the gross loss in value of the total unsold securities at the end of an accounting period, after tax, attributable to the parent entity. | France Telecom's assets available for sale increased from 2010 to 2011 and from 2011 to 2012. |
| Cash flow hedges | Net of tax effect change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges, after taxes, that is attributable to the parent entity. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a particular risk. The change includes an entity's share of an equity investee's increase (decrease) in deferred hedging gains or losses. | France Telecom's cash flow hedges declined from 2010 to 2011 and from 2011 to 2012. |
| Exchange differences on translating foreign operations | Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of tax, attributable to the parent entity. | France Telecom's exchange differences on translating foreign operations declined from 2010 to 2011 but then slightly increased from 2011 to 2012. |
| Comprehensive income attributable to owners of the parent | The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. | France Telecom's comprehensive income attributable to owners of the parent declined from 2010 to 2011 and from 2011 to 2012. |
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