What are the overall gains
The comprehensive income is a basis for measuring the earnings per share implemented by the former British Institute for Investment and Research Management (IIMR). This method takes into account all profits and losses from operating, trading and interest activities, which have been abandoned or acquired at any time during the year. Excluded from this figure are profits or losses associated with the sale or cessation of abandoned activities, fixed assets or related businesses, or any permanent devaluation or write-off of their value.
DISTRIBUTE overall earnings
Global revenues provide a rigorous measurement tool to isolate basic operational profitability. Excluding the sale of assets, the cessation of discontinued operations, restructuring costs and reductions in value, the overall turnover shows the profitability of a company’s core business.
Some companies report overall earnings per share in addition to the required EPS figures. However, the overall profit is not in accordance with GAAP and must be reconciled with the net result if it is presented in the reports to the shareholders in accordance with SEC regulations.
IIMR, the organization that introduced the concept of total profit as a way to better analyze the profit and loss statement of a business, eventually became the current CFA Society of the United Kingdom.