profit and loss statement

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Profit and Loss Statement

An annual report, and other quarterly reports, a publicly-traded company publishes giving information over a given period of time. The report contains information on the company's financial state, most notably statements on revenue, expenses, and earnings (which is the difference between the two). It is in general less detailed that a stockholder's report but contains much of the same information. A profit and loss statement goes by a number of other names, including income statement, earnings statement, earnings report, and operating statement. See also: Balance Sheet.

profit and loss statement (P&L)

profit and loss statement

A semi-itemized list of all revenues and expenses of a person or company over a stated period of time, such as one month, one quarter, or one year.The items on the list are generally broad categories, but the selection of categories is a matter of personal preference for most small businesses.As a general rule,one should design a profit and loss statement so that it gives a snapshot of important revenue categories and the expenses associated with those particular revenues.

References in periodicals archive ?
1) see appendices: Appendix 1: Explanatory Notes Appendix 2: French GAAP adjusted proforma statement of income (unaudited) Appendix 3: 2004 French GAAP consolidated financial statements (audited) Appendix 4: Reconciliation of proforma statement of income to adjusted proforma statement of income for 2003 and 2004 (French GAAP, unaudited) (2) See Appendix 1 (3) Including dividend payment to Aventis shareholders (645 million euros), buyout of share warrants and transaction costs.
The pro forma financial statement of income is not necessarily indicative of the results of operations that might have occurred had the acquisition taken place at the beginning of the period, or to project the Company's results of operations at any future date or for any future period.
The pro forma statement of income is not necessarily indicative of the results of operations that might have occurred had the acquisition taken place at the beginning of the period, or to project the Company's results of operations at any future date or for any future period.
Olson Announces Year-End Retirement, moved earlier today, we are advised by the company that in the consolidated statement of income table, the number for the three months ended Sept.
The Company will record the entire proceeds, net of associated claim expenses, in the second quarter as "Fire-related income, net" on its Consolidated Statement of Income for the quarter ending June 28, 2003.
Condensed Statement of Income - Three Months Ended June 30
In a summons, SOBI states that this amount should have been charged against the statement of income.
The unaudited pro forma consolidated statement of income, for the six months ended June 30, 1998, presented in this press release is based on the historical financial statements of the Company and Valley Financial and was prepared as if the acquisition had occurred as of the beginning of the period for purposes of the combined consolidated statement of income.
The company does believe that its exposure in this matter, should CIGA prevail, would likely be material to the company's consolidated statement of income.
In DCM002, Life Technologies (OTC Bulletin Board: LTEK) Announces Record First Quarter 1999 Results, moved earlier today, we are advised by the company that an incorrect Consolidated Statement of Income was included.
The unaudited pro forma consolidated statement of income, for the three months ended March 31, 1998, presented in this press release is based on the historical financial statements of the Company and Valley Financial and was prepared as if the Acquisition had occurred as of the beginning of the period for purposes of the combined consolidated statement of income.
In accordance with the Generally Accepted Accounting Principles (US GAAP) this intra-company transaction will not affect the consolidated statement of income.
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