Financials - Santos

Consolidated Statement of Comprehensive Income
for the year ended 31 December 2012
2012 2011
Note $million $million
Net profit for the period 518 751
Other comprehensive income, net of tax:
Exchange (loss)/gain on translation of foreign operations (89) 6
Tax effect 6 (12) –
21 (101) 6
Gain/(loss) on foreign currency loans designated as hedges of
net investments in foreign operations 46 (20)
Tax effect 6 (14) 6
21 32 (14)
Impairment of available‐for‐sale financial assets reclassified to the
income statement – 4
Tax effect 6 – (1)
21 – 3
Gain/(loss) on derivatives designated as cash flow hedges 11 (23)
Tax effect 6 (3) 7
21 8 (16)
Actuarial gain/(loss) on the defined benefit plan 29 2 (14)
Tax effect 6 (1) 4
21 1 (10)
Other comprehensive loss, net of tax (60) (31)
Total comprehensive income 458 720
Total comprehensive income/(loss) attributable to:
Owners of Santos Limited 459 722
Non‐controlling interests (1) (2)
458 720
The consolidated statement of comprehensive income is to be read in conjunction with the notes to the consolidated financial statements.
Santos Annual Report 2012 79