Statement of Comprehensive Income

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Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owner sources. The statement of comprehensive income illustrates the financial performance and results of operations of a particular company or entity for a period of time.

According to International Financial Reporting Standards since 1 January 2009 an entities make:

a Statement of comprehensive income (see the table below) or
two separate statements comprising:

an Income statement displaying components of profit or loss and
a Statement of comprehensive income that begins with profit or loss (bottom line of the income statement) and displays the items of other comprehensive income for the reporting period (IAS 1 p.81)

So the statement of comprehensive income aggregates income statement (profit and loss statement) and other comprehensive income which isn't reflected in profits and losses. "Total comprehensive income is the change in equity during a period resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners." (IAS 1 p.7)
The statement of comprehensive income is one of the major financial statements used by accountants and business owners (the other major financial statements are the balance sheet (statement of financial position), statement of changes in equity and statement of cash flows).
IFRS do not prescribe the exact format of the Statement of comprehensive income but it can be obtained from IFRS Taxonomy. Just that official format is built into the ReadyRatios analytical software.

Statement of Comprehensive Income

	Reference IAS (IFRS), p.	IFRS Taxonomy 2010 XBRL name
COMPREHENSIVE INCOME	1p106a 1p82i	ComprehensiveIncome
PROFIT (LOSS)	1p82f	ProfitLoss
Profit (loss) from continuing operations	1p82f	Profit<...>Operations
Profit (loss) before tax	IFRS 8p23, 8p28b	ProfitLossBeforeTax
Gross profit	1p103	GrossProfit
Revenue	1p82a, 18p35b, IFRS, 8p28a	Revenue
Cost of sales	1p99	CostOfSales
Other income	1p103, 1p102	OtherIncome
Distribution costs	1p99	DistributionCosts
Administrative expense	1p99	AdministrativeExpense
Other expense	1p99	OtherExpenseByFunction
Other gains (losses)	1p103, 1p102	OtherGainsLosses
Profit (loss) from operating activities		ProfitLossFromOperatingActivities
Difference between carrying amount of dividends payable and carrying amount of non-cash assets distributed	IFRIC 17p5	Difference<...>Distributed
Gains (losses) on net monetary position	9p29	Gains<...>Position
Gain (loss) arising from derecognition of financial assets measured at amortised cost	1p82 aa	GainLoss<...>AmortisedCost
Difference between carrying amount of non-cash assets distributed and carrying amount of dividends payable	IFRIC 17p5	Difference<...>Payable
Finance income	IFRS 7 IG13	FinanceIncome
Finance costs	1p82b	FinanceCosts
Share of profit (loss) of associates and joint ventures accounted for using equity method	1p82c	Share<...>Method
Gains (losses) arising from difference between previous carrying amount and fair value of financial assets reclassified as measured at fair value	Effective 2013-01-01 IAS 1.82 ca	Gains<...>Value
Income tax expense (from continuing operations)	1p82d, 7p20	IncomeTax<...>Operations
Profit (loss) from discontinued operations	1p82e-i	Profit<...>Operations
OTHER COMPREHENSIVE INCOME	1p91а	OtherComprehensiveIncome
Other comprehensive income, net of tax, exchange differences on translation	1p91а, 1p82g	Other<...>OnTranslation
Other comprehensive income, net of tax, available-for-sale financial assets	1p91а, 1p82g	Other<...>Assets
Other comprehensive income, net of tax, cash flow hedges	1p91а, 1p82g	Other<...>Hedges
Other comprehensive income, net of tax, hedges of net investments in foreign operations	1p91а, 1p82g	Other<...>Operations
Other comprehensive income, net of tax, gains (losses) from investments in equity instruments	1p7d	Other<...>Instruments
Other comprehensive income, net of tax, gains (losses) on revaluation	1p91а, 1p82g	Other<...>Revaluation
Other comprehensive income, net of tax, actuarial gains (losses) on defined benefit plans	19p120h, 1p91а, 1p82g	Other<...>Plans
Income (expense) recognised in other comprehensive income relating to non-current assets or disposal group classified as held for sale	IFRS 5p38	Income<...>ForSale