The most important among all financial indicators of any company is profit. The final financial result of the organization's activities can be attributed to the balance sheet profit. How can you calculate it?
Instructions
Step 1
In order to calculate the balance sheet profit, you need to know the values of three more indicators. These include the balance of income from non-operating transactions, profit from the sale of the company's products. This also includes profit from other sales. Calculate the balance sheet profit as their algebraic sum.
Step 2
The sales profit is fairly easy to calculate. To do this, the sum of the following values must be subtracted from the total revenue from the sale of any goods and services. The first of these is the cost of production. It only includes production costs; it does not include management and selling costs. The second term is value added tax. The third meaning is excise taxes.
Step 3
Experts calculate the balance of non-operating income and expenses depending on many important values. You will need the yields on the securities that are owned by the enterprise. You will also need the company's income from the rental of property. Find out the size of the organization's income from the fact that it takes part in any joint projects. And besides all of the above, you will need to know the size of numerous sanctions, penalties, fines in cases of delivery of products of inadequate quality, for violations of the conditions of transportation and delivery times, for non-fulfillment of contractual obligations.
Step 4
Now you just have to calculate the last term. This is not difficult to do. In the structure of profit from other sales include the profit or loss from the sale of various works, services, products, ancillary and service industries. This even includes the sale of inventory purchases. In addition to all of the above, services and works of a slightly different non-industrial nature can also be attributed to other implementation of the organization. These types of work are usually not included in the volume of products related to the main activity of the enterprise. In this case, we are talking about the provision of services for transport facilities, capital construction and major repairs, the sale of purchased heat energy.
