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Pre-election Economic & Fiscal Update 2011

Forecast Statement of Comprehensive Income

for the years ending 30 June

Forecast Statement of Comprehensive Income for the years ending 30 June
2011
Actual
$m
2012
Previous
Budget
$m
2012
Forecast
$m
2013
Forecast
$m
2014
Forecast
$m
2015
Forecast
$m
2016
Forecast
$m
Revaluation of physical assets (443) - - - (1) - -
Effective portion of changes in the fair value of cash flow hedges (252) 3 7 (1) 1 4 -
Net change in fair value of cash flow hedges transferred to operating balance 17 - 1 1 - - 1
Net change in fair value of cash flow hedges transferred to the hedged item 95 (7) (21) (2) - - -
Foreign currency translation differences for foreign operations (37) (6) 6 24 - - -
Valuation gain/(losses) on investments available for sale taken to reserves (1) 6 3 8 10 13 14
Other movements 1 50 - 2 1 (3) (1)
Other comprehensive income for the year (620) 46 (4) 32 11 14 14
Operating balance (including minority interest) (13,461) (7,293) (12,601) (2,375) 1,576 3,974 5,701
Total comprehensive income (14,081) (7,247) (12,605) (2,343) 1,587 3,988 5,715

Attributable to:

- minority interest (74) - - - - - -
- the Crown (14,007) (7,247) (12,605) (2,343) 1,587 3,988 5,715
Total comprehensive income (14,081) (7,247) (12,605) (2,343) 1,587 3,988 5,715

The accompanying notes and accounting policies are an integral part of these Statements.

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