nonoperating income

(redirected from Non-Operating 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.
Mentioned in ?
References in periodicals archive ?
First-half service and business income rose to P113.8 billion from P95.9 billion a year ago; gains, up to P2.8 billion from P705.7 million a year ago; and other non-operating income, up to P114.1 billion from P101.3 million a year ago.
However, non-operating income has increased due to higher income on investments as a result of increase in interest rates.
According to ATI, its Q2 2019 results will include pretax non-operating income and cash flows of USD29m and the third quarter 2019 results are expected to include approximately USD62m of pretax non-operating income and cash flows related to these oil and gas rights sales.
EBITDA before non-operating income stood at Rs 279 Cr and grew by 2 per cent over the same quarter last year, given the input cost led contraction in gross margins by 1.6 per cent.
Operating earnings for the first quarter of 2019, which exclude certain non-operating income and expenses, decreased 1.80 percent to USD14.7m, or USD0.66 per diluted share, from USD14.9m, or USD0.71 per diluted share, for the first quarter of 2018.
However, non-operating income has increased due to higher income on investments as a result of significant increase in benchmark interest rates by the State Bank of Pakistan.
The slight increase in operating expenses and finance cost besides the decrease in lease revenue and income from associates has been offset with the jump in non-operating income received from deposits, the statement added.- TradeArabia News Service
Further, non-operating income has also declined due to reduced funds as compared to last year.
Thanks to the receipt of a meaningful other operating and non-operating income, such as gains from interest income and dividend income, as by excluding these receipts, the state-owned company would have continued to run into losses.
Further, non-operating income also declined due to reduced funds as compared to last year.
The developer said some of the decline was offset by increases in non-operating income generated by deposits.
In a Dubai Financial Market (DFM) filing, the group said the rise in net income is "mainly due to the high property sale", adding the increase in finance cost, and decrease in both lease revenue and income from associates, is "partially off-set with the increase in non-operating income received from deposits and positively impacted the net income".

Full browser ?