Profit Before Tax
From Open Risk Manual
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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