SEC Form 17-A: Annual Report - the solid group inc website

SOLID GROUP INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THE YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010
(Amounts in Philippine Pesos)
Notes 2012 2011 2010
NET PROFIT FOR THE YEAR P 1,241,642,255 P 430,295,985 P 226,702,735
OTHER COMPREHENSIVE INCOME (LOSS)
Reclassification adjustments for losses recognized
in profit or loss 12,145,053 12,804,822 49,498,034
Fair value gains (losses) on available-for-sale
financial assets, net of taxes 9 ( 1,153,830 ) ( 11,064,606 )
14,474,181
Currency exchange differences on translating balances
of foreign operations 2 ( 28,033,335 )
12,497,965 ( 5,799,030 )
( 17,042,112 )
14,238,181 58,173,185
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR P 1,224,600,143 P 444,534,166 P 284,875,920
Total comprehensive income (loss) for the year
attributable to:
Parent Company’s stockholders P 1,227,227,138 P 453,675,609 P 287,519,495
Non-controlling interests ( 2,626,995 ) ( 9,141,443 ) ( 2,643,575 )
P 1,224,600,143 P 444,534,166 P 284,875,920
See Notes to Consolidated Financial Statements.