financial year


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Fiscal Year

1. A calendar businesses use to calculate revenue and expenses. Most businesses also use their fiscal year as the period their annual budgets operate. Most jurisdictions require businesses to issue financial statements each year but often do not specify when they must do so. Thus, fiscal years vary by business and jurisdiction. They tend to begin in the middle of the calendar year, particularly in retail, as the end of the calendar year is an exceptionally busy time. The U.S. Government's fiscal year starts on October 1. In nomenclature, if a fiscal year covers more than one calendar year it is designated by the calendar year in which it ends; for example, the U.S. government's fiscal year from October 1, 2008 to September 30, 2009 is called "FY 09."

2. In the United Kingdom, the tax year.

financial year

the period from 1 April to 31 March of the following year used for CORPORATION TAX purposes. Compare FISCAL YEAR.
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During the first quarter of the financial year 20-17-2018, he informed that MCC Hyderabad has collected Rs.
The company has raised financial year 2009 consolidated earnings estimate on a GAAP basis to a range of USD2.
Administration costs for the financial year increased by 15% to $1,174,378 from $1,021,415 in the 2006 financial year.
However, there was only brief mention of NTT DoCoMo's sales and profit growth, and scant reference to the cost-cutting contribution by NTT East and West, before the topic shifted to the outlook for the next financial year.
2 billion for the current financial year ending March 31, 2003.
In financial year 2008/2009, Heidelberg sales accordingly fell by 18 percent to EUR 2.
346 million were exported in first quarter of current financial year as against the exports of US$ 306.
321 million exported in first two months of current financial year as compared the exports of 59,812 square meters of bedwear worth US$ 355.
Pakistan Railways (PR) surpassed the revenue target of Rs 32 billion set for the current financial year by Rs 4 billion, mainly because of inducting new/repaired locomotives and increasing the number of freight trains, source said to Research analyst-PAGE.
15, for the financial year 2015/2016, from 1 April 2015 to 31 March 2016.
The group's shareholders reviewed at the ordinary meeting the report submitted by the Board of Directors on the group's activities during the financial year ended 31 December, 2013, the report of the Unified Shari'ah Supervisory Board on financial year ended 31 December 2013 and the auditors' report on the financial statements for the year ended 31 December 2013.
MUSCAT: The annual general meeting (AGM) of BankMuscat for the financial year ending December 31, 2010 will be held today at the bank's headquarters at 4.

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