Operating profit
What the trading itself earns, before interest and tax are taken into account.
Operating profit is operating revenue less operating costs: goods and materials, staff costs, depreciation and other operating expenses. Financial income and expense do not belong in it.
That is what makes it a better measure than net profit when the question is whether the business itself makes money. A well-trading company carrying heavy debt will show a healthy operating profit and a weaker bottom line.
Where this figure comes from
Read from the operating profit line of the income statement in the annual report.
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