b'48 PROMUTUEL RASSURANCECONSOLIDATED STATEMENT OF COMPREHENSIVE INCOMEFor the year ended December 31, 20212021 2020$ $(in thousands of Canadian dollars)NET INCOME 13,335 30,802Other comprehensive incomeItems that will be reclassified subsequently to net incomeUnrealized gains on available-for-sale investments, net of income taxes of $4,787 ($2,970 in 2020) 13,277 8,271Reclassification to the net income of gains on available-for-sale investments, net of income taxes of $(128) (($4,674) in 2020) (356) (12,965)Unrealized losses on available-for-sale joint venture preferred shares - (647)12,921 (5,341)Items that will not be reclassified subsequently into net incomeActuarial gains (losses) on pension plans, net of deferred income taxes of $53 (($49) in 2020) 147 (135)Share of actuarial gains (losses) on pension plans in an affiliate 70 (219)217 (354)Accumulated other comprehensive income 13,138 (5,695)Comprehensive income 26,473 25,107A N N UA L R E P O R T 2021'