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CHK » Topics » CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

This excerpt taken from the CHK 8-K filed Jun 25, 2009.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

 

     Years Ended December 31,  
     2008     2007     2006  
     ($ in millions)  

Net Income

    $ 604      $ 1,455      $ 1,994   

Other comprehensive income (loss), net of income tax:

       

Change in fair value of derivative instruments, net of income taxes of $113 million, ($56) million and $1.033 billion, respectively

      186        (92 )      1,711   

Reclassification of (gain) loss on settled contracts, net of income taxes of $35 million, ($308) million and ($426) million, respectively

      55        (504 )      (706 ) 

Ineffective portion of derivatives qualifying for cash flow hedge accounting, net of income taxes of $34 million, $46 million and ($116) million, respectively

      56        76        (195 ) 

Unrealized gain on marketable securities, net of income taxes of ($12) million, ($11) million and ($8) million, respectively

      (19 )      (19 )      (13 ) 

Reclassification of gain on sales of investments, net of income taxes of $0, $0 and ($46) million, respectively

      —          —          (73 ) 
                        

Comprehensive income

    $ 882      $ 916      $ 2,718   
                        

 

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

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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES

This excerpt taken from the CHK 10-K filed Mar 2, 2009.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

 

     Years Ended December 31,  
     2008     2007     2006  
     ($ in millions)  

Net Income

    $ 723     $ 1,451     $ 2,003  

Other comprehensive income (loss), net of income tax:

       

Change in fair value of derivative instruments, net of income taxes of $113 million, ($56) million and $1.033 billion, respectively

      186       (92 )     1,711  

Reclassification of (gain) loss on settled contracts, net of income taxes of $35 million, ($308) million and ($426) million, respectively

      55       (504 )     (706 )

Ineffective portion of derivatives qualifying for cash flow hedge accounting, net of income taxes of $34 million, $46 million and ($116) million, respectively

      56       76       (195 )

Unrealized gain on marketable securities, net of income taxes of ($12) million, ($11) million and ($8) million, respectively

      (19 )     (19 )     (13 )

Reclassification of gain on sales of investments, net of income taxes of $0, $0 and ($46) million, respectively

      —       —       (73 )
                        

Comprehensive income

    $ 1,001     $ 912     $ 2,727  
                        

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

 

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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES

These excerpts taken from the CHK 10-K filed Feb 29, 2008.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

 

     Years Ended December 31,  
     2007     2006     2005  
     ($ in millions)  

Net Income

    $ 1,451     $ 2,003     $ 948  

Other comprehensive income (loss), net of income tax:

       

Change in fair value of derivative instruments, net of income taxes of ($56) million, $1.033 billion and ($318) million, respectively

      (92 )     1,711       (553 )

Reclassification of (gain) loss on settled contracts, net of income taxes of ($308) million, ($426) million and $137 million, respectively

     (504 )     (706 )     238  

Ineffective portion of derivatives qualifying for cash flow hedge accounting, net of income taxes of $46 million, ($116) million and $28 million, respectively

      76       (195 )     49  

Unrealized gain on marketable securities, net of income taxes of ($11) million, ($8) million and $29 million, respectively

      (19 )     (13 )     51  

Reclassification of gain on sales of investments, net of income taxes of $0, ($46) million and $0, respectively

      —         (73 )     —    
                        

Comprehensive income

    $ 912     $ 2,727     $ 733  
                        

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

 

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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

 



















































































































































































   Years Ended December 31, 
   2007  2006  2005 
   ($ in millions) 

Net Income

  $1,451  $2,003  $948 

Other comprehensive income (loss), net of income tax:

    

Change in fair value of derivative instruments, net of income taxes of ($56) million, $1.033 billion and ($318) million,
respectively

   (92)  1,711   (553)

Reclassification of (gain) loss on settled contracts, net of income taxes of ($308) million, ($426) million and $137 million, respectively

   (504)  (706)  238 

Ineffective portion of derivatives qualifying for cash flow hedge accounting, net of income taxes of $46 million, ($116) million and $28
million, respectively

   76   (195)  49 

Unrealized gain on marketable securities, net of income taxes of ($11) million, ($8) million and $29 million, respectively

   (19)  (13)  51 

Reclassification of gain on sales of investments, net of income taxes of $0, ($46) million and $0, respectively

   —     (73)  —   
             

Comprehensive income

  $912  $2,727  $733 
             

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

 


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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES

This excerpt taken from the CHK 10-K filed Mar 1, 2007.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

 

     Years Ended December 31,  
     2006     2005     2004  
     ($ in thousands)  

Net Income

    $ 2,003,323     $ 948,302     $ 515,155  

Other comprehensive income (loss), net of income tax:

       

Change in fair value of derivative instruments, net of income taxes of $1,032,500,000, ($317,772,000) and ($44,463,000), respectively

      1,711,196       (552,837 )     (79,046 )

Reclassification of (gain) loss on settled contracts, net of income taxes of ($426,455,000), $136,841,000 and $50,480,000, respectively

      (706,615 )     238,066       89,743  

Ineffective portion of derivatives qualifying for cash flow hedge accounting, net of income taxes of ($116,009,000), $27,850,000 and $2,953,000, respectively

      (195,047 )     48,452       5,249  

Unrealized gain on marketable securities, net of income taxes of ($7,826,000), $29,266,000 and $13,945,000, respectively

      (13,155 )     50,915       24,791  

Reclassification of gain on sales of investments, net of income taxes of ($45,824,000), $0 and $0, respectively

      (73,086 )     —         —    

Other adjustments, net of income taxes of $3,000

      —         6       —    
                        

Comprehensive income

    $ 2,726,616     $ 732,904     $ 555,892  
                        

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

 

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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES

This excerpt taken from the CHK 10-K filed Mar 14, 2006.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

 

     Years Ended December 31,  
     2005     2004     2003  
     ($ in thousands)  

Net Income

    $ 948,302     $ 515,155     $ 312,981  

Other comprehensive income (loss), net of income tax:

       

Change in fair value of derivative instruments, net of income taxes of ($317,772,000), ($44,463,000) and ($15,272,000), respectively

      (552,837 )     (79,046 )     (24,917 )

Reclassification of (gain) loss on settled contracts, net of income taxes of $136,841,000, $50,480,000 and $1,448,000, respectively

      238,066       89,743       2,363  

Ineffective portion of derivatives qualifying for cash flow hedge accounting, net of income taxes of $27,850,000, $2,953,000 and $3,495,000, respectively

      48,452       5,249       5,703  

Unrealized gain on marketable securities, net of income taxes of $29,266,000, $13,945,000 and $0, respectively

      50,915       24,791       —    

Other adjustments, net of income taxes of $3,000

      6       —         —    
                        

Comprehensive income

    $ 732,904     $ 555,892     $ 296,130  
                        

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

 

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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES

EXCERPTS ON THIS PAGE:

8-K
Jun 25, 2009
10-K
Mar 2, 2009
10-K (2 sections)
Feb 29, 2008
10-K
Mar 1, 2007
10-K
Mar 14, 2006

RELATED TOPICS for CHK:

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