The following information is from a company's accounting records:
| €Millions | |
| Revenues for the year | 12,500 |
| Total expenses for the year | 10,000 |
| Gains from available-for-sale securities | 1,475 |
| Loss on foreign currency translation adjustments on a foreign subsidiary | 325 |
| Dividends paid | 500 |
The company's total comprehensive income (in € millions) is closest to:
Total comprehensive income = Net income + Other comprehensive income.
Net Income = Revenues - Expenses.
Other comprehensive income includes gains or losses on available-for-sale (AFS) securities and translation adjustments on foreign subsidiaries.
(Revenues - Expenses) + Gain on AFS securities - Loss on FX translation = (12,500- 10,000) + 1,475-325 = 3,650.