The CI is on the balance sheet, part of equity. Then, how do you understand the question #13 on Study notes book 2 and the answer? There, CI is build from net income… What’s wrong?
This from Wikipedia helped me: Comprehensive income is the sum of net income and other items that must bypass the income statement because they have not been realized, including items like an unrealized holding gain or loss from available for sale securities and foreign currency translation gains or losses. These items are not part of net income, yet are important enough to be included in comprehensive income, giving the user a bigger, more comprehensive picture of the organization as a whole.