Difference between revisions of "Profit Before Tax"
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Wiki admin (talk | contribs) (Created page with "== Definition == '''Profit Before Tax'''. The profit (loss) from continuing operations before tax expense or income. [Refer: Profit (loss)] == Usage == * [[Income Statement]...") |
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== Usage == | == Usage == | ||
* [[Income Statement]] | * [[Income Statement]] | ||
| + | |||
| + | == Formula == | ||
| + | EBT = [[Gross Profit]] + [[Other Income]] - [[Distribution Costs]] - [[Administrative Expenses]] - [[Other Expenses]] + [[Other Gains]] + [[Finance Income]] - [[Finance Costs]] + [[Share Of Profit Of Associates And Joint Ventures | Profit Share]] | ||
| + | |||
== XBRL Properties == | == XBRL Properties == | ||
* IFRS Prefix: ifrs-smes | * IFRS Prefix: ifrs-smes | ||
* Element Name: Profit (loss) before tax | * Element Name: Profit (loss) before tax | ||
| − | * Common Initials: | + | * Common Initials: EBT |
* Element Type and Attributes: Xduration, credit | * Element Type and Attributes: Xduration, credit | ||
* [[Accounts Hierarchy Structure | Hierarchy Level]]: 2 | * [[Accounts Hierarchy Structure | Hierarchy Level]]: 2 | ||
Revision as of 14:37, 13 April 2021
Definition
Profit Before Tax. The profit (loss) from continuing operations before tax expense or income.
[Refer: Profit (loss)]
Usage
Formula
EBT = Gross Profit + Other Income - Distribution Costs - Administrative Expenses - Other Expenses + Other Gains + Finance Income - Finance Costs + Profit Share
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Profit (loss) before tax
- Common Initials: EBT
- Element Type and Attributes: Xduration, credit
- Hierarchy Level: 2
- IFRS References: [1]
References
- ↑ IFRS for SMEs5.5[2015-12-01]Common practice
