Content

Consolidated Statements of Comprehensive Income

Year ended December 31,

(millions of dollars)

2007

2006

2005

Earnings

707.1

622.3

562.9

Other Comprehensive Income/(Loss)




Change in unrealized gains on cash flow hedges, net of tax

96.4

-

-

Reclassification to earnings of realized cash flow hedges, net of tax

(6.7)

-

-

Other comprehensive gain/(loss) from equity investees

(19.8)

-

-

Non-controlling interest in other comprehensive income

4.9

-

-

Change in foreign currency translation adjustment

(447.1)

87.6

(193.3)

Change in unrealized gains on net investment hedges, net of tax

174.9

(51.6)

161.3

Other Comprehensive Loss

(197.4)

36.0

(32.0)

Comprehensive Income (Note 2)

509.7

658.3

530.9

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