diff --git a/gcc/ChangeLog b/gcc/ChangeLog
index 09056a4a7d4..2f2c52000fa 100644
--- a/gcc/ChangeLog
+++ b/gcc/ChangeLog
@@ -1,3 +1,8 @@
+2006-12-23  Marcin Dalecki  <martin@dalecki.de>
+
+	* cgraphunit.c (cgraph_optimize): Fixed obvious thinko in memory
+	consumption reporting.
+
 2006-12-23  Manuel Lopez-Ibanez  <manu@gcc.gnu.org>
 
 	PR middle-end/7651
diff --git a/gcc/cgraphunit.c b/gcc/cgraphunit.c
index cb2f824fb70..578b36c1983 100644
--- a/gcc/cgraphunit.c
+++ b/gcc/cgraphunit.c
@@ -1426,7 +1426,7 @@ cgraph_optimize (void)
     }
   if (post_ipa_mem_report)
     {
-      fprintf (stderr, "Memory consumption before IPA\n");
+      fprintf (stderr, "Memory consumption after IPA\n");
       dump_memory_report (false);
     }
   timevar_pop (TV_CGRAPHOPT);