nonoperating income

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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.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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While there were increases in the bank interest income and revaluation gain from investment properties, the increment in non-operating incomes was offset by the reduced tax refund received from the PRC operation and valuation loss in financial assets.
Acer reported net profit of Tw$515 million ($17.2 million) in the three months to March, up 55.6 percent year-on-year due to a number of non-operating incomes including foreign exchange and stock disposal gains.
With about 70% of its shares held by Hon Hai Precision presently, FIH has seen contract orders for handsets persistently decrease in recent years, thus suffering operating losses to undermine the shareholder's non-operating incomes as a result.
The company attributed the lackluster single-quarter performance partly to a low season for the industry, and partly to shrinking non-operating incomes. Additionally, market inertia caused by plunging international oil prices was also among reasons behind the company's business downturns.
Fortunately, mainly buoyed by non-operating incomes, Foxconn Technology raked in NT$2.537 billion, or NT$2.16 per share, in net profits for the quarter, up 11.36% from a quarter earlier.
The net profits also included the company's non-operating incomes of NT$155 million mainly generated from its stock disposal.
Improving from a net operating loss of about NT$80 million a year earlier, the company raked in NT$5.681 billion in combined revenue for the first quarter, up 34% year-on-year, and scored operating incomes of NT$165 million and non-operating incomes of NT$369 million, with net profits of NT$416 million.
Fortunately, Acer also announced non-operating incomes of NT$1.46 billion by disposing of its stakes in Wistron in the form of issuing global depository receipts (GDRs).
For example, the firm scored operating incomes of NT$255 million (US$7.69 million) and non-operating incomes of NT$510 million (US$15.93 million), and tallied up a record high of NT$537 million (US$16.78 million) in net profits for the fourth quarter of 2009.

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