The analysis of the financial results of the organization's activities begins with the preparation of financial statements of profit and loss in form No. 2. It reflects the composition, structure and dynamics of profit indicators. One of the greatest highlights of this report is profit before tax. It represents the company's profit from sales, adjusted for the amount of unrealized and operating income and expenses.
Instructions
Step 1
Determine the amount of operating income and expenses of the company. They consist of the profits or losses incurred by the company: from payments for the temporary use of the assets of the company; for the use of rights to patents, industrial designs and other types of intellectual property; from participation of other enterprises in authorized capital, including income and interest on securities; from the sale of fixed assets and assets, excluding cash, goods and products; from receiving interest on loans, credits and deposits received and issued in cooperation with other enterprises and credit institutions.
Step 2
Calculate the amount of unrealized expenses and income. These include: fines, penalties, penalties for violation of the terms of agreements; profit or loss of previous years identified in the current reporting period; reimbursement of losses caused to the enterprise; receivables, payables and accounts receivable with expired limitation period; exchange differences; the amount of the markdown or revaluation of assets, except for non-current assets.
Step 3
Calculate the profit or loss from sales received by the company for the reporting period. Fill in all the data in Form No. 2 "Profit and Loss Statement". Line 050 indicates the profit from sales, line 060 - interest receivable, line 070 - interest payable, line 080 - income from participation by other organizations, line 090 - other income, and line 100 - other expenses.
Step 4
Reflect on line 140 of the statements the amount of the calculated profit before tax. To do this, add lines 090, 060 and 080 to the value of line 050, and then subtract the indicators of lines 070 and 100. The resulting value must coincide with the value formed on the subaccount of reporting 99 "Financial results of activities before taxation".
