OTHER COMPREHENSIVE INCOME comprises items of income and expenses

that not recognized in profit or loss as required by other PFRSs.

RECLASSIFICATION ADJUSTMENTS
Reclassification adjustments are amounts reclassified to Pro fit or Loss in the current
period that were recognized in OCTHER COMPREHENSIVE INCOME in the current or
previous periods.
Reclassification adjustments arise, for example, on disposal of revalued
PPE. Revaluation surplus is transferred directly to retained earnings when the revalued
asset is derecognized. The CUMULATIVE UNREALIZED GAINS OR LOSSES on fair
value changes (gain or loss) of equity instrument thru FVOCI is transferred directly to
Retained Earnings when the FVOCI is derecognized.
Ex. Investment in Equity 10,000
Cash 10,000

Investment in Equity 5,000

Unrealized Gain -OCI 5,000

Unrealized Gain/Loss 1,000

Investment in Equity 1,000

When sold/derecognized:
Cash 14,000
Investment 14,000

Unrealized Gain (Cumulative) 4,000

Retained Earnings 4,000
COMPONENTS OF OTHER COMPREHENSIVE RECLASSIFICATION
INCOME

A. REVALUATION SURPLUS NO

B. UNREALIZED GAINS/LOSSES
ON EQUITYINSRUMENTS AT FAIR NO
VALUE THRU OCI

C. REMEASUREMENTS OF THE NET

NO
DEFINED BENEFIT PLAN

D. UNREALIZED GAINS/LOSSES
ON DEBT INSTRUMENTS AT FAIR YES
VALUE THRU OCI

E. TRANSALATION DIFFERENCES ON
YES
FOREIGN OPERATIONS

F. UNREALIZED GAIN OR LOSS ON

YES
DERIVATIVE OF CASH FLOW HEDGE

G. GAIN/LOSS ATTRIBUTABLE TO CREDIT

RISK OF A FINANCIAL LIABILITY DESIGNATED YES
AT FVPL

PRESENTATION OF OTHER COMPREHENSIVE INCOME

1. Net of related tax effects or

2. Before related tax effects with one amount shown for the aggregate amount of
income tax relating to those