Manitoba Public Insurance 2007 Annual Report

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	Responsibility for Financial Statements	Auditors' Report & Actuary's Report	Statement of Operations	Balance Sheet	Statement of Retained Earnings	Statement of Comprehensive Income	Statement of Cash Flows	Notes to Financials
								Notes:	1-2 ▪ 3 ▪ 4 ▪ 5 6-7 ▪ 8 ▪ 9-10 11-13 ▪ 14-16 17-18 ▪ 19-21

Statement of Comprehensive Income (Loss)
Years ended February 29/28	2008	2007
	(in thousands of dollars)


	Net income (loss) after surplus distribution		$ 34,875		$ 8,736

	Other Comprehensive Income (Loss)
	Unrealized gains (losses) on available for sale assets		(26,775)
	Reclassification to income from available for sale assets		(30,332)

	Other Comprehensive Income (Loss) for the year		(57,107)

	Total Comprehensive Income (Loss)		$ (22,232)

Statement of Accumulated Other Comprehensive Income
Years ended February 29/28	2008
	(in thousands of dollars)


	Balance beginning of year		--
	Transition adjustment (Note 4)		80,275
	Other Comprehensive Income (Loss) for the year		(57,107)

	Balance end of year		$ 23,168

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