United states securities and exchange commission

US$

0.168			Ps.	3.478			Ps.	2.435			Ps.	0.598
Earnings per share diluted:		US$	0.168			Ps.	3.478			Ps.	2.435			Ps.	0.598

 

*	Convenience translation to U.S. dollars (Ps.20.6640) – Note 1z.

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

 

F-5

Table of Contents

CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V. AND SUBSIDIARIES

(d.b.a. VOLARIS)

Consolidated Statements of Comprehensive Income

(In thousands of Mexican pesos)

 

		2016 (Thousands of U.S. dollars*)				For the years ended December 31,
						2016				2015				2014
Net income for the year		US$	170,320			Ps.	3,519,489			Ps.	2,463,870			Ps.	605,184
Other comprehensive income (loss):
Other comprehensive income (loss) to be reclassified to profit or loss in subsequent periods:
Net gain (loss) on cash flow hedges (Note 22)			30,231				624,694				(193,869	)			(129,506	)
Income tax effect (Note 19)			(9,069	)			(187,408	)			58,161				38,852
Exchange differences on translation of foreign operations			(230	)			(4,756	)			—				—
Other comprehensive income (loss) not to be reclassified to profit or loss in subsequent periods:
Remeasurement loss of employee benefits (Note 16)			(21	)			(442	)			(1,174	)			(1,581	)
Income tax effect (Note 19)			6				132				352				474
Other comprehensive income (loss) for the year, net of tax		US$	20,917			Ps.	432,220			Ps.	(136,530	)		Ps.	(91,761	)
Total comprehensive income for the year, net of tax		US$	191,237			Ps.	3,951,709			Ps.	2,327,340			Ps.	513,423

 

*	Convenience translation to U.S. dollars (Ps.20.6640) – Note 1z.