XML 45 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY AND COMPREHENSIVE INCOME (USD $)
Total
Equity (Deficits) Attribute to Canadian Solar Inc.
Common Shares
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income
Non-Controlling Interest
Comprehensive Income (Loss)
Balance at Dec. 31, 2008 $ 332,253,981 $ 332,253,981 $ 395,153,795 $ (66,705,304) $ (11,104,036) $ 14,909,526    
Balance (in shares) at Dec. 31, 2008     35,744,563          
Increase (Decrease) in Stockholders' Equity                
Net income (loss) 22,778,199 22,645,884     22,645,884   132,315 22,778,199
Foreign currency translation adjustment 211,773 211,773       211,773   211,773
Comprehensive income (loss) 22,989,972 22,857,657         132,315 22,989,972
Share-based compensation 5,436,350 5,436,350   5,436,350        
Issuance of ordinary shares, net of issuance cost 102,811,343 102,811,343 102,811,343          
Issuance of ordinary shares, net of issuance cost (in shares)     6,900,000          
Deferred tax on issuance costs of ordinary shares 1,682,869 1,682,869 1,682,869          
Exercise of share options 674,424 674,424 674,424          
Exercise of share options (in shares)     129,922          
Paid-in capital from non-controlling interest 9,173           9,173  
Sales of subsidiary shares to non-controlling interest 143,292           143,292  
Balance at Dec. 31, 2009 466,001,404 465,716,624 500,322,431 (61,268,954) 11,541,848 15,121,299 284,780  
Balance (in shares) at Dec. 31, 2009     42,774,485          
Increase (Decrease) in Stockholders' Equity                
Net income (loss) 50,828,396 50,568,919     50,568,919   259,477 50,828,396
Foreign currency translation adjustment 13,309,318 13,340,645       13,340,645 (31,327) 13,309,318
Comprehensive income (loss) 64,137,714 63,909,564         228,150 64,137,714
Share-based compensation 3,876,671 3,876,671   3,876,671        
Exercise of share options 823,560 823,560 823,560          
Exercise of share options (in shares)     118,559          
Sales of subsidiary shares to non-controlling interest 145,128           145,128  
Balance at Dec. 31, 2010 534,984,477 534,326,419 501,145,991 (57,392,283) 62,110,767 28,461,944 658,058  
Balance (in shares) at Dec. 31, 2010 42,893,044   42,893,044          
Increase (Decrease) in Stockholders' Equity                
Net income (loss) (90,903,374) (90,804,200)     (90,804,200)   (99,174) (90,903,374)
Foreign currency translation adjustment 17,111,083 17,093,766       17,093,766 17,317 17,111,083
Comprehensive income (loss) (73,792,291) (73,710,434)         (81,857) (73,792,291)
Share-based compensation 4,060,838 4,060,838   4,060,838        
Exercise of share options 1,256,948 1,256,948 1,256,948          
Exercise of share options (in shares)     262,723          
Paid-in capital from non-controlling interest 467,720           467,720  
Balance at Dec. 31, 2011 $ 466,977,692 $ 465,933,771 $ 502,402,939 $ (53,331,445) $ (28,693,433) $ 45,555,710 $ 1,043,921  
Balance (in shares) at Dec. 31, 2011 43,155,767   43,155,767