Operating profit represents the results of the company’s usual business activities before [...]
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deducting interest expense or taxes.
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Open it Operating profit represents the results of the company’s usual business activities before deducting interest expense or taxes.
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Statement of comprehensive income r 2009 was €105,187 million. Subtracting cost of sales from revenue gives gross profit of €13,579 million. After subtracting operating costs and expenses and adding other operating income, the company’s operating profit totals €1,855 million. <span>Operating profit represents the results of the company’s usual business activities before deducting interest expense or taxes. Operating profit (also called operating income) is thus often referred to as earnings before interest and taxes (EBIT). Next, operating profit is increased by Volkswagen’s share of the
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