The excess of gross operating income over gross operating expenses is referred to as operating earning before taxes. Income taxes applicable to operating earnings are deducted to arrive at net earnings or net operating earnings.
Revenue from operating sources, after deduction of the operating expenses, maintenance, uncollectible revenues, and taxes applicable to operating properties or revenues, but before deduction of financial charges and generally before deduction of provisions for depreciation and retirements.
Difference between total sales and total costs and expenses after income taxes. Total costs comprise cost of goods sold including depreciation; total expenses comprise selling, general and administrative expenses. Net income after taxes is the bottom line referred to in popular terms. It is out of this figure that dividends are normally paid.
Profit or loss made by the company. It is calculated by adding operating income, financial income, earnings of companies accounted for by the equity method and exceptional items to operating income and subtracting taxes on companies and minority interests.
A company's total revenue less total expenses, showing what a company earned (or if lost, called net loss) for a set period, usually one year. Listed often literally as the "bottom line" on the statement of earnings. Also called net income and net profit.
Also known as the bottom line, this is the profit a company realizes after all costs, expenses and taxes have been paid. It is calculated by subtracting business, depreciation, interest and tax costs from revenues. Also called net income or net profit.
Difference between total revenues and total expenses. Earnings is usually specified as to whether it is before income taxes or after income taxes. Net earnings (after taxes) is the bottom line referred to in popular terms.
Difference between total revenues and total operating expenses less income deductions and non-controlling interest. Total operating expenses comprise operating expenses including amortization, net benefits plans credit/expense, restructuring and other charges. It is out of this figure that dividends are normally paid.
A companyâ€™s total revenue minus total expenses, showing what a company earned (or lost Â– which is then called net loss) in a set period, usually one year Listed often literally as the Â“bottom lineÂ” in the profit and loss account. Also called net profit and net income.