CAI Valuation - comparison to peers, page-112

@Contrarian4me
ALK can't have it both ways. That's why the auditor is there.
Is the Dec '21 investment gain from GMD (previously included under income....) restated (removed altogether) down in order to cover this year's corresponding losses or is it legit, and thus the investment losses should appear on the same corresponding ledger for Dec '22?
I read it that net income down 74.4% ("restated" auditor's figures) on previous corresponding period and that the top of the document suggests otherwise. Can anyone explain how I have this wrong?
What does @Biotrader think?