Stock analysis on net
Export to Excel Export to OpenOffice.org Print

Vale S.A. (VALE) | 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.

Vale S.A., Consolidated Statement of Comprehensive Income

USD $ in millions

Export to Excel Export to OpenOffice.org
  12 months ended Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008
Net income 5,254  22,652  17,453  5,456  13,476 
Cumulative translation adjustments (2,836) (5,195) 1,623  10,544  (13,278)
Unrealized gain (loss) on available-for-sale securities (1) (2) 3  (17) (194)
Surplus (deficit) accrued pension plan (936) (504) (21) (4) (109)
Cash flow hedge (121) 156  14  (16) (50)
Other comprehensive income (deficit) (3,894) (5,545) 1,619  10,507  (13,631)
Comprehensive income (deficit) 1,360  17,107  19,072  15,963  (155)
Comprehensive (income) deficit attributable to noncontrolling interests 211  438  (333) (912) 208 
Comprehensive income attributable to Company's stockholders 1,571  17,545  18,739  15,051  53 
Source: Vale S.A., Annual Reports
Item Description The company
Cumulative translation adjustments 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. Vale S.A.'s cumulative translation adjustments declined from 2010 to 2011 but then slightly increased from 2011 to 2012.
Unrealized gain (loss) on available-for-sale securities 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. Vale S.A.'s unrealized gain (loss) on available-for-sale securities declined from 2010 to 2011 but then slightly increased from 2011 to 2012.
Surplus (deficit) accrued pension plan Net changes to accumulated comprehensive income during the period related to benefit plans, after tax, attributable to the parent entity. Vale S.A.'s surplus (deficit) accrued pension plan declined from 2010 to 2011 and from 2011 to 2012.
Cash flow hedge 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. Vale S.A.'s cash flow hedge increased from 2010 to 2011 but then declined significantly from 2011 to 2012.
Comprehensive income attributable to Company's stockholders 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. Vale S.A.'s comprehensive income attributable to Company's stockholders declined from 2010 to 2011 and from 2011 to 2012.

Top