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Figure 8 shows that there are two types of statements of financial performance. On the left hand side it shows the income statement (or statement of profit or loss). In this statement, income less expenses equals profit or loss, which is the bottom line of the statement. On the right hand side, it shows the Comprehensive income statement (or Statement of profit or loss and other comprehensive income). In this statement, income less expenses equals profit or loss, and profit or loss plus or minus other comprehensive income equals comprehensive income.

 5.2.2 Statement of financial performance