Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2022

Investments accounted for using equity method [abstract]

Summary of Equity Method Investments Reported in Consolidated Statement of Financial Position

Equity method investments in the consolidated statement of financial position were comprised of the following:

	December 31,
	2022		2021
YPL		6,028		6,574
Other equity method investments		171		162
Total equity method investments		6,199		6,736

Share of Post-tax (Losses) Earnings in Equity Method Investments Reported in Consolidated Income Statement

The Company’s share of post-tax (losses) earnings in equity method investments as reported in the consolidated income statement is comprised of the following:

	Year ended December 31,
	2022		2021
YPL		(416)		6,233
Other equity method investments		(16)		7
Total share of post-tax (losses) earnings in equity method investments		(432)		6,240

Summary of Financial Information for YPL with Reconciliation to Thomson Reuters Carrying Value of its Investment

Set forth below is summarized financial information for 100% of YPL (formerly RHL prior to its sale in January 2021.)

	Year ended December 31,
	2022		2021
Revenues		-		551
Gain related to the sale of Refinitiv to LSEG		-		18,645
Mark-to-market of LSEG shares		(1,354)		(3,895)
Income from forward contract		179		-
Dividend income		202		177
Refinitiv net loss prior to its sale to LSEG		-		(361)
Net (loss) earnings		(973)		14,566
Remove: Net earnings attributable to non-controlling interests		-		(11)
Net (loss) earnings attributable to YPL		(973)		14,555
Other comprehensive loss attributable to YPL		-		(214)
Total comprehensive (loss) income attributable to YPL		(973)		14,341

The following table reconciles the net assets attributable to YPL (formerly RHL) to the Company’s carrying value of its investment in YPL:

	December 31,
	2022		2021
Assets
Current assets		190		6
Non-current assets		14,620		16,068
Total assets		14,810		16,074
Liabilities
Current liabilities		10		4
Non-current liabilities		202		189
Total liabilities		212		193
Net assets attributable to YPL		14,598		15,881
Net assets attributable to YPL - beginning period		15,881		2,487
Net (loss) earnings attributable to YPL		(973)		14,555
Other comprehensive loss attributable to YPL		-		(214)
Other adjustments(1)		-		253
Distribution to owners		(310)		(1,200)
Net assets attributable to YPL - ending period		14,598		15,881
Thomson Reuters % share		42.84%		42.82%
Thomson Reuters $ share		6,254		6,800
Historical excluded equity adjustment(2)		(226)		(226)
Thomson Reuters carrying amount		6,028		6,574

(1) Consists of equity transactions excluded from total comprehensive income attributable to YPL.

(2) Represents the cumulative impact of equity transactions excluded from the Company’s investment in YPL.