Annual report pursuant to Section 13 and 15(d)

Note 25 - Accumulated other comprehensive income (loss)

v3.8.0.1
Note 25 - Accumulated other comprehensive income (loss)
12 Months Ended
Dec. 31, 2017
Notes  
Note 25 - Accumulated other comprehensive income (loss)

Note 25 – Accumulated other comprehensive income (loss)

 

The changes in the balances for accumulated other comprehensive income (loss) (“AOCI”) for the years ended December 31 were as follows:

 

 

 

2017

2016

Marketable securities

 

 

Beginning balance

$

-

$

(12,563)

Gains (losses) on available for sale securities

 

34,822

-

Less: Tax (tax benefit)

 

-

-

Net gains (losses) on available for sale securities

 

34,822

-

 

 

(Gains) Losses reclassified from AOCI to net income

 

-

12,563

Less: Tax (tax benefit)

 

-

-

Net gains (losses) reclassified from AOCI to net income

 

-

12,563

Other comprehensive income (loss), net of tax

 

34,822

12,563

Ending balance

$

34,822

$

-