Statement of changes in equity
The statement that shows what moved equity over the period: profit, payments to shareholders, share issues and buybacks, revaluations.
How to read the number
The only place that shows where the profit went — retained in the business, paid out to owners, or consumed by revaluations.
When the metric lies
Part of the movement in equity bypasses profit entirely through other comprehensive income. Reading net income alone loses those amounts.
Also known as: equity statement