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- Pre-tax profit/loss
Pre-tax profit/loss
Definition
Pre-tax profit/loss is equal to operating revenue (in particular the sums received from the business of the enterprise, i.e. the sale of goods and services) :
+ shares of results in joint operations: products, in the accounting sense of the term (e.g. result of operations made through a joint venture) ;
+ financial products (interest earned, exchange-rate gains, income from bank accounts) ;
- operating costs (sums paid for goods, supplies, work and services used) ;
- shares of results in joint operations: charges, in the accounting sense of the term ;
- financial costs (e.g. interest on loans, discounts granted to customers, exchange-rate losses suffered).
Note
The Pre-tax profit/loss is profitable if products exceed loads or in deficit should the opposite occur.
