LS Mutual Management
Summary Consolidated Statement of Comprehensive Income
Year ended December 31, 2019 (in thousands of Canadian dollars)
| 2019 $ |
2018 $ |
|
Net income |
4,583 | 2,777 |
Other comprehensive income |
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Items that will be reclassified subsequently as net income |
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| Available for sale financial assets Unrealized gains and losses [net of income taxes of $1,026 ($457 in 2018)] |
2,825 | (1,254) |
| Reclassification as net income of realized gains and losses [net of income taxes of $581 ($32 in 2018)] |
(1,603) | 87 |
| Cash flow hedges Unrealized gains and losses [net of income taxes of $86 ($61 in 2018)] |
(240) | 166 |
| Reclassification as net income of realized gains and losses [net of income taxes of $37 ($44 in 2018)] |
102 | 121 |
| 1,084 | (880) | |
Items that will not be reclassified subsequently as net income |
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| Employee benefits Remeasurement of net defined benefit liability [net of income taxes of $183 ($60 in 2018)] |
505 | (261) |
| 1,589 | (1,141) | |
Comprehensive income |
6,172 | 1,636 |
| Attributable to the policyholders | 5,262 | 1,424 |
| Attributable to the non-controlling interests | 910 | 212 |
| 6,172 | 1,636 |