Other Comprehensive Income

Other Comprehensive Income consists of all the non-owner transactions. Transactions such as foreign exchange currency translation adjustments, pension adjustments, unrealized gains/losses on available for sale securities & changes of cash flow hedges are included in the calculation of other comprehensive income. Other Comprehensive is added with Net Income to make Comprehensive Income.

Example:

Adequate Disclosure has the following information pertaining to its financial statements.


Calculate the Other Comprehensive Income:

$100,000 – $12,000 + $50,000 = $138,000