Gross earnings


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Gross earnings

A person's total taxable income prior to adjustments. See: adjusted gross income.

Gross Income

An individual or company's income before taxes and deductions. For individual income, it is calculated as the individual's wages or salary, investment and asset appreciation, and the amount made from any other source of income. In a company, it is calculated as revenues minus expenses. An individual's gross income is important to determining eligibility for certain social programs, while a company's gross income is one measure among many of how well it uses its resources to produce a profit. See also: Adjusted gross income.
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Average monthly gross earnings of persons employed by registered natural persons for the 2nd quarter of 2018 amounted to EUR 976.23; compared to gross earnings for the 1st quarter of 2018 they were higher in nominal terms by 0.9% and lower in real terms by 1.1%.
Gross earnings went up five percent to P58.1 billion.
The News Agency of Nigeria (NAN) reports that the bank's audited result releases by the Nigerian Stock Exchange (NSE) showed that its gross earnings dropped to N630.34 billion against N745.19 billion in 2017.
Gross earnings edged up to HUF 324 000 in the first half of 2018, while net earnings averaged HUF 216 000 in the observed period.
Gross earnings in the sub-sector went up nine percent to P57 billion.
Gross earnings for the North American wholesale segment was 32.2% of net sales in the third quarter of 2016, up from 31.4% in last year's third quarter.
For the nine months ended 30 September 2014, the firm said that its gross earnings climbed by 12.5 percent to NGN333.2bn, up from the NGN296.3bn reported as of September last year.
"Despite the 3pc decrease in the gross premium revenue due to the economic slowdown, the company has achieved an increase of 4pc in gross earnings from BD13.6m to BD14.2m," said BKIC chief executive Ebrahim Al Rayes.
The Statistical Service said that the increase reflects to a large extent the cost of living adjustment on gross earnings, which was 1.39% in July.
Gross earnings and operating income climbed 21% and 32% on the year to NGN28bn and NGN18.1bn, respectively.
This year the Association of Independent Specialist Medical Accountants (aisma) revealed average gross earnings would top pounds 100,000
The union had asked for wage increases of 19 percent in the first year and 8 percent in each of the second and third years, as well as lump-sum payments of 10 percent of gross earnings during the preceding 12 months in the first year, 5 percent in the second year, and 4 percent in the last year of the contract.