Sundry Income

Sundry Income

A company's income that comes from sources other than its operations or investments. Common examples of sundry income include royalties and income from foreign exchange. Sundry income is outside the control of the company. It is also called miscellaneous income.
References in periodicals archive ?
5) Earnings Before Interest & Taxes is a non-GAAP measure calculated by adding Interest and sundry income (expense) [approximately $(21) million] and Operating Profit.
Moreover, the company managed to maintain a profit through its sundry income of LE 2.
The cash office handles payments for things such as council tax, sundry income, business rates and parking services.
There was a trading surplus of pounds 309,636, which was increased by sundry income to pounds 512,558.
In past years donations have been included in Sundry Income.
TECHNOLOGY RESEARCH CORPORATION AND SUBSIDIARY UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) Three months ended June 30 June 30 2006 2005 Operating revenues: Commercial $ 7,953 7,928 Military 2,662 2,649 Royalties - - 10,615 10,577 Operating expenses Cost of sales 8,186 8,284 Selling, general, and administrative 1,879 1,375 Research, development and engineering 486 487 10,551 10,146 Operating income 64 431 Interest and sundry income (expense) (27) (40) Income before income taxes 37 391 Income tax expense 10 98 Net income $ 27 293 Net income per common share: Basic $ .
The increase in other income this quarter was due in part to increases in sundry income from various unusual items during the first quarter of 2007, including $1.
30 June 30 2005 2004 2005 Operating revenues: Commercial $ 5,538,446 4,232,477 7,927,421 Military 3,123,239 2,832,299 2,649,329 Royalties - 4,751 - 8,661,685 7,069,527 10,576,750 Operating expenses: Cost of sales 6,882,845 4,925,848 8,283,552 Selling, general, and administrative 1,516,999 1,174,214 1,375,076 Research, development and engineering 538,018 501,423 487,404 8,937,862 6,601,485 10,146,032 Operating income (loss) (276,177) 468,042 430,718 Interest and sundry income (expense) (54,155) 6,650 (40,271) Income (loss) before income taxes (330,332) 474,692 390,447 Income tax expense (benefit) (85,589) 156,647 97,612 Net income (loss) $ (244,743) 318,045 292,835 Net income (loss) per common share: Basic $ (.
30, June 30, 2004 2003 2004 Operating revenues: Commercial $4,232,477 2,943,530 3,773,981 Military 2,832,299 3,227,111 3,304,332 Royalties 4,751 42,013 52,631 7,069,527 6,212,654 7,130,944 Operating expenses: Cost of sales 4,925,848 3,721,155 4,509,416 Selling, general, and administrative 1,174,214 1,005,558 1,156,798 Research, development and engineering 501,423 322,774 466,471 6,601,485 5,049,487 6,132,685 Operating income 468,042 1,163,167 998,259 Interest and sundry income 6,650 3,034 7,220 Income before income taxes 474,692 1,166,201 1,005,479 Income taxes 156,647 372,341 331,809 Net income $ 318,045 793,860 673,670 Net income per common share: Basic $ .
TECHNOLOGY RESEARCH CORPORATION AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) Three-months ended June 30, June 30, March 31, 2004 2003 2004 Operating revenues: Commercial $3,773,981 3,306,805 2,924,840 Military 3,304,332 2,341,850 3,729,501 Royalties 52,631 11,260 4,171 7,130,944 5,659,915 6,658,512 Operating expenses: Cost of sales 4,509,416 3,719,843 3,951,971 Selling, general, and administrative 1,156,798 847,892 1,341,843 Research, development and engineering 466,471 313,658 420,690 6,132,685 4,881,393 5,714,504 Operating income 998,259 778,522 944,008 Interest and sundry income 7,220 1,989 6,607 Income before income taxes 1,005,479 780,511 950,615 Income taxes 331,809 196,411 332,807 Net income $ 673,670 584,100 617,808 Net income per common share: Basic $ .
First quarter 1998 results included after-tax sundry income of approximately $22.
Equity in earnings of nonconsolidated affiliates 54 1 75 66 Interest expense and amortization of debt discount (112) (140) (471) (494) Interest income and foreign exchange-net 27 64 194 286 Sundry income - net (Note B) 46 177 424 343 Total other income (expense) 15 102 222 201