Annual report and accounts 2012

Consolidated Statements of Comprehensive Income

OAO Severstal and Subsidiaries
Financial Statements
Consolidated Statements of Comprehensive Income

Years ended December 31, 2012, 2011 and 2010
(Amounts expressed in thousands of US dollars, except as otherwise stated)

 Year ended December 31,
 201220112010
Profit/(loss) for the period819,7992,173,735(514,579)
    
Other comprehensive income/(loss)   
Foreign exchange differences276,553(407,245)(242,832)
Changes in fair value of cash flow hedges2,3031,109-
Deferred tax on changes in fair value of cash flow hedges(405)(120)-
Changes in fair value of available-for-sale financial assets4,503(20,158)50,876
Deferred tax on changes in fair value of available-for-sale financial assets(380)4,850(7,626)
Actuarial losses(32,645)(8,884)(14,886)
Reclassification of the Gold segment's reserves to profit/(loss)
from discontinued operations (Note 27)
(76,089)--
Other comprehensive income/(loss) for the period, net of tax173,840(430,448)(214,468)
Total comprehensive income/(loss) for the period993,6391,743,287(729,047)
Attributable to:   
shareholders of OAO Severstal921,1551,628,462(801,730)
non-controlling interests72,484114,82572,683

The accompanying notes form an integral part of these consolidated financial statements.