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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- Balance Sheet: Assets
- Common-Size Balance Sheet: Assets
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Geographic Areas
- Enterprise Value to FCFF (EV/FCFF)
- Selected Financial Data since 2005
- Return on Assets (ROA) since 2005
- Total Asset Turnover since 2005
- Analysis of Revenues
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Based on: 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31).
The financial data indicates a generally positive trend in net income over the examined periods, with values increasing steadily from approximately 5.19 billion to 7.83 billion US dollars. This upward trajectory suggests consistent profitability growth.
Regarding other comprehensive income components, there is noticeable volatility. The foreign currency translation item shows fluctuations, moving from a positive figure of roughly 206 million to a negative value of nearly -898 million, then rebounding to positive levels in subsequent years. This indicates exposure to currency translation risks with varying impact on comprehensive income.
Defined benefit plans, net of tax, reveal mixed results, with positive amounts initially, a significant increase in 2022, followed by a decrease into negative territory in 2024, and a recovery in 2025. This pattern may reflect changes in plan assumptions, demographic shifts, or market conditions affecting pension liabilities and assets.
Cash flow hedges exhibit high volatility, with net of tax gains and losses swinging dramatically across the years, including a substantial negative value in 2025. This variability highlights the company's active risk management strategies impacting earnings through derivative instruments.
Investments, net of tax, are sparsely reported, with minimal values in the initial years and missing data subsequently, limiting trend analysis in this category.
The aggregate figure for other comprehensive income (loss) reflects the combined effects of the aforementioned components, showing a significant negative swing in 2022 but recovering in the following years to positive values, though remaining below initial levels.
Comprehensive income shows a consistent increase from approximately 5.47 billion to nearly 7.93 billion US dollars, indicating overall growth in total earnings encompassing both net income and other comprehensive income.
A notable observation is the growing negative comprehensive income attributable to noncontrolling interests, increasing in absolute terms from about -86 million to -160 million. This suggests an increasing share of losses or reduced gains attributable to minority stakeholders.
Accordingly, comprehensive income attributable to the parent company demonstrates a steady rise, aligned with the general growth in net income, reinforcing strong performance attributed to controlling interests.
- Summary:
- Net income demonstrates steady and robust growth over the observed periods.
- Other comprehensive income components are volatile, primarily influenced by foreign currency translation and cash flow hedge variations.
- Defined benefit plan impacts fluctuate, reflecting evolving pension-related financial positions.
- Overall comprehensive income increases consistently, driven largely by net income growth.
- Negative contributions from noncontrolling interests are deepening, potentially affecting minority shareholder returns.