Thursday, April 15, 2010

Actually Canwest declared lost of 46 million, actually 39.9 million, as Canwest 6 million hedging revaluing adjustment

Canwest states two net loss numbers in 2nd quarter. 2010 results
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Comprehensive income (loss) for the
period (39,885)

Reclassification of change in fair value of
hedging derivative instruments designated
as cash flow hedges realized in net loss
for the period net of tax of $1.9 million
(note 20)
(46,078) net loss
6,193
(39,885) comprehensive net loss