Name: Expedia Group Inc. (NASDAQ:EXPE) | Statement of Comprehensive Income
Creator: Stock Analysis on Net

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-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

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Expedia Group Inc., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Net income (loss)	15)	(2,728)	572)	398)	371)
Currency translation adjustments, net of taxes	(72)	67)	(5)	(86)	190)
Net reclassification of foreign currency translation adjustments into total other expenses, net	74)	—)	—)	—)	—)
Unrealized losses on available for sale securities, net of taxes	—)	—)	—)	—)	(7)
Other comprehensive income (loss), net of tax	2)	67)	(5)	(86)	183)
Comprehensive income (loss)	17)	(2,661)	567)	312)	554)
Comprehensive (income) loss attributable to non-controlling interests	24)	88)	1)	26)	(45)
Comprehensive income (loss) attributable to Expedia Group, Inc.	41)	(2,573)	568)	338)	509)

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

The financial results from 2017 to 2021 exhibit a pattern of steady growth followed by a severe contraction and a subsequent marginal recovery. The most significant volatility is observed between 2019 and 2021, during which the company transitioned from peak profitability to a substantial net loss and then back to a baseline positive position.

Net Income Performance: Net income grew consistently from US$ 371 million in 2017 to a peak of US$ 572 million in 2019. This growth was abruptly reversed in 2020, resulting in a net loss of US$ 2,728 million. A recovery began in 2021, with net income returning to a positive value of US$ 15 million, although this remains significantly below pre-2020 levels.
Comprehensive Income Dynamics: Comprehensive income followed a similar trajectory to net income, reaching US$ 567 million in 2019 before plummeting to a loss of US$ 2,661 million in 2020. The comprehensive income attributable to Expedia Group, Inc. reflected this volatility, ending the period at US$ 41 million in 2021, compared to US$ 509 million in 2017.
Other Comprehensive Income and Currency Impact: Other comprehensive income (OCI) has been characterized by instability, primarily driven by currency translation adjustments. These adjustments ranged from a gain of US$ 190 million in 2017 to a loss of US$ 86 million in 2018. By 2021, OCI contributed a modest US$ 2 million, with a notable net reclassification of foreign currency translation adjustments amounting to US$ 74 million occurring in the final year of the analyzed period.
Non-Controlling Interests: The comprehensive income or loss attributable to non-controlling interests remained relatively small compared to the total comprehensive loss in 2020, yet it showed a positive shift from a loss of US$ 45 million in 2017 to a gain of US$ 24 million in 2021, peaking at US$ 88 million during the 2020 fiscal year.

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