See Accompanying Notes to the Financial Statements  2012 2011 Net income (loss) for the year  $  924,471  $  (3,974,813) Fair value adjustment on available-for-sale securities (120,101) (186,410) Transfer of impairment loss on available-for-sale marketable securities 471,486 - Transfer to income on sale of marketable securities - (13,712) Other comprehensive loss 351,385 (200,122) Comprehensive income (loss) for the year  $  1,275,856  $  (4,174,935) Comprehensive income (loss) for the year attributable to: Non-controlling interest $ (19,955) $ (29,936) Common shareholders 1,295,811 (4,144,999) Comprehensive income (loss) for the year  $  1,275,856  $  (4,174,935) COMMANDER RESOURCES LTD.  Statements of Comprehensive Income For the Years Ended December 31 (An Exploration Stage Company) (Expressed in Canadian dollars) - 3 - 