Synonym: Statement of comprehensive income = Profit and Loss = P&L

Specific Financial Statement showing the Company’s Revenues and Expenses during the Accounting Period:

Balance		Formula
Base Metrics	Additional Metrics	Total Revenue = Operating Revenue + Non-Operating Revenue
Total Revenue
	Operating Revenue
	Non-Operating Revenue
Gross Income		= Sales - COGS
	Gross Margin	= Gross Income / Revenue · 100 %
Operating Income		= Gross Income - OPEX = Sales - COGS - OPEX
	Operating Margin	= Operating Income / Revenue · 100 %
	OPEX	= SG&A + R&D + Depreciation + Amortization
EBIT		= Operating Income + Non-Operating Revenue - Non-Operating Expenses
	EBITDA	= EBIT + Depreciation & Amortization
	EBITDA Margin	= EBITDA / Revenue · 100 %
EBT		= EBIT - Interest
Net Income		= EBT − Income Tax = EBT * ( 1- IncomeTaxRate)
	Profit Margin	= Net Income / Revenue · 100 %
	Retained Earnings	= Net Income − Dividends
	NOPAT	= Net Income - after-tax Non-Operating Revenue + after-tax Non-Operating Expenses + after-tax Interest

Link with the Cash Flow
OCF		= Net Income + Non-Cash Expenses - ( Closing Working Capital - Opening Working Capital )
FCF		= OCF + ( Income from Fixed Assets sold - CAPEX )
	Total Incomes	= Revenue + Non-Operating Incomes + Increase in Working Capital + Income from Fixed Assets sold
	Total Expenses	= OPEX + CAPEX + Non-Operating Expenses
	Cash Balance (indirect from P&L)	= Previous Cash Balance + FCF − Dividends + Loans

See also

Business / Business Administration / Financial Management / Financial Accounting / Financial Statement

[ Balance sheet ] [ Changes in Equity ] [ Profit and Loss (P&L) ] [ Cash Flow ]

[ R&D record in P&L ]

Balance		Income	Outcome	Formula
Base Metrics	Additional Metrics
Revenue		Revenue
Gross Profit		Revenue	COGS	= Revenue - COGS
	Gross Margin			= Gross Profit / Revenue · 100 %
Operating Profit			Depreciation & Amortization	= Gross Profit - SG&A
	Operating Margin			= Operating Profit / Revenue · 100 %
	Overheads		SG&A	= SG&A + Depreciation & Amortization
	OPEX			= COGS + Overheads = COGS + SG&A + Depreciation & Amortization
EBIT		Non-Operating Incomes	Non-Operating Expenses	= Operating Profit + Non-Operating Incomes - Non-Operating Expenses
	EBITDA			= EBIT + Depreciation & Amortization
	EBITDA Margin			= EBITDA / Revenue · 100 %
EBT			Interest	= EBIT - Interest
Net Income			Income Tax	= EBT − Income Tax = EBT * ( 1- IncomeTaxRate)
Profit Margin				= Net Income / Revenue · 100 %
	Retained Earnings		Dividends	= Net Income − Dividends
	NOPAT	after-tax Non-Operating Expenses after-tax Interest	after-tax Non-Operating Revenue	= Net Income - after-tax Non-Operating Revenue + after-tax Non-Operating Expenses + after-tax Interest

Link with the Cash Flow
OCF		Non-Cash Expenses Reduction in Working Capital	Increase in Working Capital	= Net Income + Non-Cash Expenses - ( Closing Working Capital - Opening Working Capital )
FCF		Income from Fixed Assets sold	CAPEX	= OCF + ( Income from Fixed Assets sold - CAPEX )
	Total Incomes			= Revenue + Non-Operating Incomes + Increase in Working Capital + Income from Fixed Assets sold
	Total Expenses			= OPEX + CAPEX + Non-Operating Expenses
	Cash Balance (indirect from P&L)			= Previous Cash Balance + FCF − Dividends + Loans