Comprehensive IncomeView Financial Glossary Index
Comprehensive Income is the sum of Net Income and other income statement items gains/losses that have not been realized. This may include items such as unrealized gains/losses on securities / transactions or foreign currency gains / losses. Comprehensive Income may be reported in a separate statement called Owners Change in Equity.
For instance, if a US Company made revenues based on exports made in Japan (customers thus paying yen for its goods), and the Yen was to appreciate against the US Dollar, there would be potential changes to Comprehensive Income if the US Company was still holding Yen at the end of the reporting period.