[Verse 1] Net income tells us part the story But there's more beneath the hood Comprehensive income shows the glory Of changes that we understood Some gains and losses bypass earnings Go straight to equity instead These items need our careful learning To see where companies are led [Chorus] Comprehensive income is the key PUFERD helps us remember what we see Pensions, Unrealized gains today Foreign currency that's moved away Effective hedges, Revaluation too Debt securities changing value blue Total comp income shows it all The bigger picture, standing tall [Verse 2] Other Comprehensive Income flows To accumulated OCI These items come and these items go But bypass the income statement high When pension plans change their funding Or foreign rates shift up and down These movements need our understanding They paint a picture more profound [Chorus] Comprehensive income is the key PUFERD helps us remember what we see Pensions, Unrealized gains today Foreign currency that's moved away Effective hedges, Revaluation too Debt securities changing value blue Total comp income shows it all The bigger picture, standing tall [Bridge] Analysts must look beyond Simple net income alone OCI reveals the bond Between risk and what is shown Volatility hiding there In equity's quiet space Smart investors must beware Of what the statements don't embrace [Chorus] Comprehensive income is the key PUFERD helps us remember what we see Pensions, Unrealized gains today Foreign currency that's moved away Effective hedges, Revaluation too Debt securities changing value blue Total comp income shows it all The bigger picture, standing tall [Outro] So when you analyze a firm Don't stop at earnings per share Look at OCI to confirm The risks and rewards hiding there Comprehensive tells the tale Of all performance, win or fail
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