Invesco Ltd. | 2013 | FY | 3

OTHER COMPREHENSIVE INCOME/(LOSS)

The components of accumulated other comprehensive income/(loss) were as follows:
 
2013
$ in millions
Foreign currency translation
 
Employee benefit plans
 
Equity method investments
 
Available-for-sale investments
 
Total
Other comprehensive income/(loss) before tax:
 
 
 
 
 
 
 
 
 
Currency translation differences on investments in foreign subsidiaries*
(121.9
)
 
—

 
—

 
—

 
(121.9
)
Actuarial (loss)/gain related to employee benefit plans
—

 
7.0

 
—

 
—

 
7.0

Reclassification of amortization of prior service costs (gains)/losses into employee compensation expenses
—

 
(1.9
)
 
—

 
—

 
(1.9
)
Reclassification of amortization of actuarial (gains)/losses into employee compensation expenses
—

 
2.3

 
—

 
—

 
2.3

Share of other comprehensive income/(loss) of equity method investments
—

 
—

 
(3.9
)
 
—

 
(3.9
)
Unrealized(losses)/gains on available-for-sale investments
—

 
—

 
—

 
13.6

 
13.6

Reclassification of net (gains)/losses realized on available-for-sale investments included in other gains and losses, net
—

 
—

 
—

 
(3.2
)
 
(3.2
)
Other comprehensive income/(loss) before tax
(121.9
)
 
7.4

 
(3.9
)
 
10.4

 
(108.0
)
Income tax related to items of other comprehensive income/(loss):
 
 
 
 
 
 
 
 
 
Tax benefit/(expenses) on foreign currency translation differences
(0.4
)
 
—

 
—

 
—

 
(0.4
)
Tax on actuarial (loss)/gain related to employee benefit plans
—

 
(5.8
)
 
—

 
—

 
(5.8
)
Reclassification of tax on amortization of prior service costs/(credit) into income tax provision
—

 
0.4

 
—

 
—

 
0.4

Reclassification of tax on amortization of actuarial (loss)/gain into income tax provision
—

 
(0.5
)
 
—

 
—

 
(0.5
)
Tax on net unrealized gains/(losses) on available-for-sale investments
—

 
—

 
—

 
(0.5
)
 
(0.5
)
Reclassification of tax on net (gains)/losses on available-for-sale investments
—

 
—

 
—

 
(0.9
)
 
(0.9
)
Total income tax benefit(expense) related to items of other comprehensive income
(0.4
)
 
(5.9
)
 
—

 
(1.4
)
 
(7.7
)
Accumulated other comprehensive income/(loss), net of tax:
 
 
 
 
 
 
 
 
 
Beginning balance
601.7

 
(79.4
)
 
2.1

 
6.1

 
530.5

Other comprehensive income/(loss), net of tax:
(122.3
)
 
1.5

 
(3.9
)
 
9.0

 
(115.7
)
Other comprehensive (income)/loss attributable to noncontrolling interest
13.1

 
—

 
—

 
—

 
13.1

Ending balance
492.5

 
(77.9
)
 
(1.8
)
 
15.1

 
427.9




* Included in this amount are net losses of $13.1 million for the year ended December 31, 2013 related to foreign currency translation adjustments attributable to CIP. Of this amount, gross losses of zero are reclassified from accumulated other comprehensive income into retained earnings appropriated for investors in CIP.
 
2012
$ in millions
Foreign currency translation
 
Employee benefit plans
 
Equity method investments
 
Available-for-sale investments
 
Total
Other comprehensive income/(loss) before tax:
 
 
 
 
 
 
 
 
 
Currency translation differences on investments in foreign subsidiaries*
145.0

 
—

 
—

 
—

 
145.0

Actuarial (loss)/gain related to employee benefit plans
—

 
(4.8
)
 
—

 
—

 
(4.8
)
Reclassification of amortization of prior service costs (gains)/losses into employee compensation expenses
—

 
(2.0
)
 
—

 
—

 
(2.0
)
Reclassification of amortization of actuarial (gains)/losses into employee compensation expenses
—

 
2.4

 
—

 
—

 
2.4

Share of other comprehensive income/(loss) of equity method investments
—

 
—

 
6.4

 
—

 
6.4

Unrealized(losses)/gains on available-for-sale investments
—

 
—

 
—

 
14.0

 
14.0

Reclassification of net (gains)/losses realized on available-for-sale investments included in other gains and losses, net
—

 
—

 
—

 
(3.9
)
 
(3.9
)
Other comprehensive income/(loss) before tax
145.0

 
(4.4
)
 
6.4

 
10.1

 
157.1

Income tax related to items of other comprehensive income/(loss):
 
 
 
 
 
 
 
 
 
Tax benefit/(expenses) on foreign currency translation differences
0.6

 
—

 
—

 
—

 
0.6

Tax on actuarial (loss)/gain related to employee benefit plans
—

 
(0.1
)
 
—

 
—

 
(0.1
)
Reclassification of tax on amortization of prior service costs/(credit) into income tax provision
—

 
0.5

 
—

 
—

 
0.5

Reclassification of tax on amortization of actuarial (loss)/gain into income tax provision
—

 
(0.6
)
 
—

 
—

 
(0.6
)
Tax on net unrealized gains/(losses) on available-for-sale investments
—

 
—

 
—

 
(1.0
)
 
(1.0
)
Reclassification of tax on net (gains)/losses on available-for-sale investments
—

 
—

 
—

 
(0.2
)
 
(0.2
)
Total income tax benefit(expense) related to items of other comprehensive income
0.6

 
(0.2
)
 
—

 
(1.2
)
 
(0.8
)
Accumulated other comprehensive income/(loss), net of tax:
 
 
 
 
 
 
 
 
 
Beginning balance
455.2

 
(74.8
)
 
(4.3
)
 
(2.8
)
 
373.3

Other comprehensive income/(loss), net of tax:
145.6

 
(4.6
)
 
6.4

 
8.9

 
156.3

Other comprehensive (income)/loss attributable to noncontrolling interest
0.9

 
—

 
—

 
—

 
0.9

Ending balance
601.7

 
(79.4
)
 
2.1

 
6.1

 
530.5


*
Included in this amount are net gains of $0.9 million for the year ended December 31, 2012 related to foreign currency translation adjustments attributable to CIP. Of this amount, gross losses of $6.3 million are reclassified from accumulated other comprehensive income into retained earnings appropriated for investors in CIP.

 
2011
$ in millions
Foreign currency translation
 
Employee benefit plans
 
Equity method investments
 
Available-for-sale investments
 
Total
Other comprehensive income/(loss) before tax:
 
 
 
 
 
 
 
 
 
Currency translation differences on investments in foreign subsidiaries*
(48.8
)
 
—

 
—

 
—

 
(48.8
)
Actuarial (loss)/gain related to employee benefit plans
—

 
(41.9
)
 
—

 
—

 
(41.9
)
Reclassification of amortization of prior service costs (gains)/losses into employee compensation expenses
—

 
(2.0
)
 
—

 
—

 
(2.0
)
Reclassification of amortization of actuarial (gains)/losses into employee compensation expenses
—

 
1.5

 
—

 
—

 
1.5

Share of other comprehensive income/(loss) of equity method investments
—

 
—

 
(7.2
)
 
—

 
(7.2
)
Unrealized(losses)/gains on available-for-sale investments
—

 
—

 
—

 
(12.2
)
 
(12.2
)
Reclassification of net (gains)/losses realized on available-for-sale investments included in other gains and losses, net
—

 
—

 
—

 
(0.1
)
 
(0.1
)
Other comprehensive income/(loss) before tax
(48.8
)
 
(42.4
)
 
(7.2
)
 
(12.3
)
 
(110.7
)
Income tax related to items of other comprehensive income/(loss):
 
 
 
 
 
 
 
 
 
Tax benefit/(expenses) on foreign currency translation differences
0.5

 
—

 
—

 
—

 
0.5

Tax on actuarial (loss)/gain related to employee benefit plans
—

 
9.5

 
—

 
—

 
9.5

Reclassification of tax on amortization of prior service costs/(credit) into income tax provision
—

 
(0.7
)
 
—

 
—

 
(0.7
)
Reclassification of tax on amortization of actuarial (loss)/gain into income tax provision
—

 
0.5

 
—

 
—

 
0.5

Tax on net unrealized gains/(losses) on available-for-sale investments
—

 
—

 
—

 
1.7

 
1.7

Reclassification of tax on net (gains)/losses on available-for-sale investments
—

 
—

 
—

 
0.1

 
0.1

Total income tax benefit(expense) related to items of other comprehensive income
0.5

 
9.3

 
—

 
1.8

 
11.6

Accumulated other comprehensive income/(loss), net of tax:
 
 
 
 
 
 
 
 
 
Beginning balance
526.6

 
(41.7
)
 
2.9

 
7.7

 
495.5

Other comprehensive income/(loss), net of tax:
(48.3
)
 
(33.1
)
 
(7.2
)
 
(10.5
)
 
(99.1
)
Other comprehensive (income)/loss attributable to noncontrolling interest
(23.1
)
 
—

 
—

 
—

 
(23.1
)
Ending balance
455.2

 
(74.8
)
 
(4.3
)
 
(2.8
)
 
373.3



*
Included in this amount are net gains of $23.1 million for the year ended December 31, 2011 related to foreign currency translation adjustments attributable to CIP. Of this amount, gross gains of $8.7 million are reclassified from accumulated other comprehensive income into retained earnings appropriated for investors in CIP.

us-gaap:ComprehensiveIncomeNoteTextBlock