- Home
- Definitions and methods
- Definitions
- Profit or loss for the year
Profit or loss for the year
Definition
The Profit or loss for the year (post HN and DI respectively on matters DGI n°2052 and n°2051) measure net resources (after consideration of capital depreciation) staying in the company at the conclusion of the exercise: profit or loss. It corresponds, in the accounting sense, at the difference between products and loads of the exercise.
Profit or loss for the year (RNC) = Current result before tax ( GW)
+ Exceptional result (HI)
- Profit tax ( HK)
- Participation of employees in fruits of the expansion ( HJ).
Profit or loss for the year appears at once
· in the profit and loss account
· and in the balance sheet of the company, in stockholders' own capital, preceded by a negative sign in case of deficit (sometimes the negative sign is replaced by brackets for questions of presentation).
