Other comprehensive income: Other comprehensive income is those revenues,

expenses, gains, and losses under International Financial Reporting Standards that
are excluded from net income on the Statement of Comprehensive Income (SCI).
This means that they are instead listed after net income on the SCI. Examples-

1. Available-for-sale securities unrealized gains and losses

2. Available-for-sale securities fair value changes that were previously written
down as impaired
3. Foreign currency translation adjustments
4. Foreign currency gains and losses on intra-entity currency transactions where
settlement is not planned or anticipated in the foreseeable future
5. Foreign currency transaction gains and losses that are hedges of an
investment in a foreign entity
6. Cash flow hedge derivative instrument gains and losses
7. Debt security unrealized gains and losses arising from a transfer from the
available-for-sale category to the held-to-maturity category Pension or post-
retirement benefit plan gains or losses
8. Pension or post-retirement benefit plan prior service costs or credits
9. Pension or post-retirement benefit plan transition assets or obligations that
are not recognized as a component of the net periodic benefit or cost
Cash & Cash Equivalents

Examples of cash are:

1. Coins
2. Currency
3. Cash in checking accounts
4. Cash in savings accounts
5. Bank drafts
6. Money orders
7. Petty cash

Cash equivalents: Cash equivalents are assets, typically investments that are so
liquid and easily converted into cash that they might as well be currency. These are
extremely low risk, short-term investments that typically mature in no more than
90 days. Some examples of cash equivalents include:

1. Treasury Bills
2. Short-term Government Bonds
3. Marketable Securities
4. Commercial Paper
5. Money Market Funds

It’s important to note that these investments are only considered equivalents if
they are readily available and are not restricted by some agreement. For instance,
if a company has a loan that requires it to maintain a minimum level of their
treasure bills, these T-bills cannot be considered equivalents because they are
restricted by the debt covenants.