Page 39 - SWGas Annual Report 2015
P. 39
SOUTHWEST GAS CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Thousands of dollars)
Year Ended December 31, 2015 2014 2013
Net Income $139,430 $ 141,148 $144,873
Other comprehensive income (loss), net of tax (18,922) (107,661) 62,214
Defined benefit pension plans (Notes 5 and 10): 828 220 220
Net actuarial gain (loss)
Amortization of prior service cost 21,316 14,667 21,190
Amortization of net actuarial loss — (4,130) —
Prior service cost 86,991
Regulatory adjustment (3,500) (76,651)
(9,913)
Net defined benefit pension plans (278) 6,973
Forward-starting interest rate swaps: 2,073 2,073 2,074
Amounts reclassified into net income (Notes 5 and 13)
2,073 2,073 2,074
Net forward-starting interest rate swaps
(1,954) (659) —
Foreign currency translation adjustments
(159) (8,499) 9,047
Total other comprehensive income (loss), net of tax
139,271 132,649 153,920
Comprehensive income
Comprehensive income (loss) attributable to noncontrolling interests 1,047 — (447)
Comprehensive income attributable to Southwest Gas Corporation $138,224 $ 132,649 $154,367
The accompanying notes are an integral part of these statements.
Southwest Gas Corporation
