nonoperating income

Nonoperating Income

Income that a company derives from any source other than its operations. For example, if a company sells one of its factories or receives income from interest payments, these constitute nonoperating income. Most (though not all) nonoperating income is non-repetitive, and, as such, is excluded from many measures of profit. See also: Operating income.

nonoperating income

Income derived from a source other than a firm's regular activities. For example, a firm may record as nonoperating income the profit gained from the sale of an asset other than inventory.
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Nonoperating income accounts for a larger share of total income for preexisting TRSs than for newly formed TRSs; although, in 2001, nonoperating income as a share of total income is roughly equal for both groups (29 percent for new TRSs versus 24 percent for preexisting TRSs), by 2004, this ratio doubles to 48 percent for preexisting TRSs while dropping slightly to 26 percent for newly formed TRSs.
That figure, however, was flattered to the tune of pounds 36 million in form of nonoperating income from a disposal which when stripped out yields an underlying pretax gain of 27 per cent.
Last year's first quarter included a $250,000 loan forgiveness, recorded as nonoperating income.
11 billion yen due mainly to nonoperating income such as royalties.
Generally, extraordinary items are nonoperating income or deductions, including capital and Sec.
1) Nonoperating income (loss) reflects the fair value adjustments related to the Series B warrants.
Ineffectiveness gains (losses) and gains (losses) on hedges that do not qualify for hedge accounting are recorded in Nonoperating income (expense): Miscellaneous, net.
39,618) - Other nonoperating income, net 1,413 618 Income (loss) before income taxes (52,702) (2,615) NM Provision (benefit) for income taxes 1,385 (877) Net (loss) income $(54,087) $(1,738) NM (Loss) earnings per common share - basic $(2.
2004 2003 Net sales $199,933 $182,780 Gross profit 48,288 43,271 Operating expenses 33,569 32,112 Operating income 14,719 11,159 Nonoperating income (expense) (368) 92 Earnings before income taxes 14,351 11,251 Provision for income taxes 4,581 3,505 Net earnings (loss) $9,770 $7,746
During the year ended June 30, 2004, the Company did not record any nonoperating income items.
AP Henderson Group Consolidated Statements of Operation (RMB000s, except per share information) (unaudited) For the three months ended June 30, 2002 2003 2003 RMB RMB US$ Operating Revenues 187,169 364,577 44,044 Operating Expenses 176,328 360,780 43,585 Operating Income 10,841 3,797 3,395 Nonoperating Income (expense), net 166 (2,227) (269) Income before income taxes 11,007 1,570 190 Income tax expense 2,770 1,019 123 Net Income 8,237 551 67 Net Income per share - basic & diluted 0.
Net income this quarter included nonoperating income of $13.