Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Hubbell Inc., consolidated statement of comprehensive income

US$ in thousands

12 months ended:	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net income	551,400)	405,600)	356,000)	407,400)	366,100)
Foreign currency translation adjustments	(27,900)	(11,500)	12,300)	3,700)	(33,900)
Reclassification of currency translation (gains) losses included in net income	500)	—)	—)	(7,700)	—)
Currency translation adjustment	(27,400)	(11,500)	12,300)	(4,000)	(33,900)
Defined benefit pension and post-retirement plans, net of taxes	14,200)	9,200)	(8,800)	(14,500)	17,800)
Unrealized gain (loss) on investments, net of taxes	(1,400)	(400)	400)	2,600)	(1,400)
Unrealized gains (losses) on cash flow hedges, net of taxes	200)	1,100)	(200)	(1,300)	1,600)
Other comprehensive income (loss)	(14,400)	(1,600)	3,700)	(17,200)	(15,900)
Comprehensive income	537,000)	404,000)	359,700)	390,200)	350,200)
Comprehensive income attributable to noncontrolling interest	(5,500)	(6,100)	(4,800)	(6,500)	(5,900)
Comprehensive income attributable to Hubbell	531,500)	397,900)	354,900)	383,700)	344,300)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

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Comprehensive income item	Description	The company
Net income attributable to Hubbell Incorporated	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Hubbell Inc. net income attributable to Hubbell Incorporated increased from 2020 to 2021 and from 2021 to 2022.
Comprehensive income attributable to Hubbell	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	Hubbell Inc. comprehensive income attributable to Hubbell increased from 2020 to 2021 and from 2021 to 2022.

Hubbell Inc. (NYSE:HUBB)

Statement of Comprehensive Income