The statement of comprehensive income reports the change in shareholders' equity during a period from business activities other than investments by shareholders or distributions to shareholders.

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The statement of comprehensive income shows the net income or loss of a company during a period, as well as any other comprehensive income, which includes items not recorded in the income statement. It reports the change in shareholders' equity during that period, which can result from various business activities such as revenues, expenses, gains, and losses. This excludes investments by shareholders or distributions to shareholders, which are typically reported in the statement of changes in equity.

The Statement of Comprehensive Income Reports the Change in Shareholders