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Consolidated Statement of Comprehensive Income
for the year ended 31 July 2016
2016
2015
$’000
$’000
Profit after tax for the year
129,459
75,554
Other comprehensive income
Items that may be reclassified subsequently to the income statement
Net movement in the fair value of long term equity investments, net of tax
(40,304)
8,411
Transfer to profit and loss on disposal of long term equity investments, net of tax
(10,692)
(3,950)
Net movement in hedge reserve, net of tax
17,141
(14,139)
Net movement in foreign currency translation reserve, net of tax
(320)
627
Net movement in equity reserve, net of tax
2,813
(3,593)
Total other comprehensive (expense)/income for the year, net of tax
(31,362)
(12,644)
Total comprehensive income for the year
98,097
62,910
Total comprehensive expense attributable to non-controlling interests
12,761
16,091
Total comprehensive income attributable to members of
Washington H. Soul Pattinson and Company Limited
110,858
79,001
The above consolidated statement of comprehensive income should be read in conjunction with the accompanying notes.