.Statement of Comprehensive Income
Difficulty: Beginner
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.
Allergan PLC, Consolidated Statement of Comprehensive Income
USD $ in thousands
| 12 months ended | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| | Net income (loss) | ||||||||||
| | Foreign currency translation gains (losses) | ||||||||||
| | Net impact of other-than-temporary loss on investment in Teva securities | ||||||||||
| | Impact of Teva Transaction | ||||||||||
| | Unrealized gains (losses), net of tax | ||||||||||
| | Other comprehensive income (loss), net of tax | | | | | | |||||
| | Comprehensive income (loss) | | | | | | |||||
| | Comprehensive (income) loss attributable to noncontrolling interest | ||||||||||
| | Comprehensive income (loss) attributable to ordinary shareholders | | | | | |
| Item | Description | The company |
|---|---|---|
| Foreign currency translation gains (losses) | Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of tax, attributable to the parent entity. | Allergan PLC's foreign currency translation gains (losses) declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level. |
| Comprehensive income (loss) attributable to ordinary shareholders | The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. | Allergan PLC's comprehensive income (loss) attributable to ordinary shareholders increased from 2015 to 2016 but then declined significantly from 2016 to 2017. |
