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ArcelorMittal (MT) | Statement of Comprehensive Income

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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.

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ArcelorMittal, Consolidated Statement of Comprehensive Income

USD $ in millions

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  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Net income (including non-controlling interests)
chart Available-for-sale investments
chart Derivative financial instruments
chart Exchange differences arising on translation of foreign operations
chart Share of other comprehensive income (loss) related to associates and joint ventures
chart Income tax (expense) benefit related to components of other comprehensive income
chart Other comprehensive income (loss)
chart Comprehensive income (loss)
chart Comprehensive (income) loss attributable to non-controlling interests
chart Comprehensive income (loss) attributable to equity holders of the parent
Source: ArcelorMittal, Annual Reports
Item Description The company
Available-for-sale investments 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. ArcelorMittal's available-for-sale investments declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Derivative financial instruments 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. ArcelorMittal's derivative financial instruments declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Exchange differences arising on translation of 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. ArcelorMittal's exchange differences arising on translation of foreign operations declined from 2009 to 2010 and from 2010 to 2011.
Comprehensive income (loss) attributable to equity holders 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. ArcelorMittal's comprehensive income (loss) attributable to equity holders of the parent declined from 2009 to 2010 and from 2010 to 2011.

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