Proceedings

Entities
nomber
Table 3. Differences between net income and comprehensive income
Total comprehensive
income
positive
value
negative
value
positive
value
Net income
~ 981 ~
negative
value
Total other comprehensive
income
positive value negative value
62 54 8 56 6 25 37
Therefore, only for six of the entities reviewed, other comprehensive income was at
the basis of changing the sign of the obtained result (positive net income and negative
comprehensive income, or, negative net income and positive comprehensive income), which
represents less than 10% of the total number of entities reviewed. An argument to
support the importance of comprehensive income in making investment decisions is
the significant amount of total other comprehensive income related to the value of the
net income.
Figure 4. Proportion of value of total other comprehensive income in value of net
income
As seen in Figure 4, less than 10% of the total number of entities present values that
are insignificant for total other comprehensive income ( 5% of net income to levels > 100% of the net
income.
According to IAS 1, the components of other comprehensive income include:
(a) changes in revaluation surplus (IAS 16 Property, Plant and Equipment and
IAS 38 Intangible Assets);
(b) actuarial gains and losses on defined benefit plans recognised in accordance
with paragraph 93A of IAS 19 Employee Benefits;
(c) gains and losses arising from translating the financial statements of a foreign
operation (IAS 21 The Effects of Changes in Foreign Exchange Rates);