A multi-functional furniture component has a frame, with a seat portion and a backrest portion, first motion means connected to the frame and connected to a conversion member. The conversion member has a first upholstered side and a second substantially planar side. Actuation of the first motion means enable arcuate movement of the conversion member between a first orientation to service a backrest and a second orientation in which the planar side is generally horizontal. The conversion member may also include a container member with a top panel, a bottom panel spaced apart from the top panel, and at least one side panel interconnecting the top and bottom panels and defining an interior storage region. Preferably, access to the interior storage region is provided by arcuate motion of the top of the container. A horizontally oriented upholstery roll is connected to the upper terminus of the backrest by a live hinge and in a first orientation, partially covers a pocket which may receive the conversion member and in the second orientation, expose the pocket.