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#cfa-level-1 #reading-22-financial-statement-analysis-intro
Operating profit (also called operating income) is thus often referred to as earnings before interest and taxes (EBIT)
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Statement of comprehensive income
erating costs and expenses and adding other operating income, the company’s operating profit totals €1,855 million. Operating profit represents the results of the company’s usual business activities before deducting interest expense or taxes. <span>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 profits generated by certain of its investments (€701 million) and by profits from its other financial activities (€972


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