off-balance sheet items are not transparent. Under the equity method, the investment is recorded at cost and is subsequently adjusted to reflect the share of net profit or loss and dividends received.
Does this make the Balance Sheet complete? No, there is more to come. One very important number is Retained Earnings. This is our accumulated earnings balance. In the above example, it is the net ...
Net profit after taxes. This is the "bottom line" earnings of the business. It's computed by subtracting taxes paid from net income before taxes. Balance Sheet The balance sheet provides a ...
Borouge achieved a 24% year-on-year increase in net profit to $1.24 billion, driven by record production and sales volumes.
One quick test is to divide the interest expense in the profit and loss account ... in the "current assets" section of the balance sheet. Also check the net debt note (which records interest ...
Net profit after tax for 2024 was AED 6.1 billion, reflecting a 16% increase compared to the full year 2023. Q4 2024 net ...