Pivoine SA made a profit of 1,250,000. Its other comprehensive income, net of tax (case convention), comprises a gain on translating foreign operations of 180,000 and a cash flow hedge loss of 60,000, which will be reclassified to profit or loss when specific conditions are met, and a remeasurement loss on a defined benefit plan of 90,000, which will not be reclassified (classification provided by the case). Calculate the subtotal of reclassifiable items, then total comprehensive income.
- Profit for the year
- 1,250,000
- Translation gain (reclassifiable)
- 180,000
- Cash flow hedge loss (reclassifiable)
- 60,000
- Remeasurement loss on the defined benefit plan (not reclassifiable)
- 90,000