Difference between revisions of "Profit Before Tax"
From Open Risk Manual
Wiki admin (talk | contribs) |
Wiki admin (talk | contribs) |
||
| Line 8: | Line 8: | ||
== Formula == | == Formula == | ||
| − | + | Profit Before Tax = [[Gross Profit]] + [[Other Income]] - [[Distribution Costs]] - [[Administrative Expenses]] - [[Other Expense]] + [[Other Gains]] + [[Finance Income]] - [[Finance Costs]] + [[Share Of Profit Of Associates And Joint Ventures | Profit Share]] | |
| + | == See Also == | ||
| + | * [[EBIT]] | ||
| + | * [[EBITDA]] | ||
== 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: |
* Element Type and Attributes: Xduration, credit | * Element Type and Attributes: Xduration, credit | ||
* [[Accounts Hierarchy Structure | Hierarchy Level]]: 2 | * [[Accounts Hierarchy Structure | Hierarchy Level]]: 2 | ||
Latest revision as of 14:41, 13 April 2021
Definition
Profit Before Tax. The profit (loss) from continuing operations before tax expense or income.
[Refer: Profit (loss)]
Usage
Formula
Profit Before Tax = Gross Profit + Other Income - Distribution Costs - Administrative Expenses - Other Expense + Other Gains + Finance Income - Finance Costs + Profit Share
See Also
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Profit (loss) before tax
- Common Initials:
- Element Type and Attributes: Xduration, credit
- Hierarchy Level: 2
- IFRS References: [1]
References
- ↑ IFRS for SMEs5.5[2015-12-01]Common practice
