In Financial Reports is profit on ordinary activities the same as profit before taxation? and Eduardo Bravo Losada

In Financial Reports is profit on ordinary activities the same as profit before taxation?

Reviewing the financial reports of a company and it doesn't state what the profit on ordinary activities actually is!
Is it the same as profit before Taxation?
If not is there a way I can work out how to calculate it?


Taxation best answer:

Answer by wiseman/guru
Sounds the same. Also called Operating profit. Or profit before extra ordinary items. If you know the profit after tax and the tax bracket, you can calculate the operating profit.
Peace.

Taxation

Eduardo Bravo Losada


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