Instruction

1

Balance sheet

RB = RR + Sun + RPR

**profit**(RB) is calculated as the algebraic sum of three indicators:**profit**from the sale of the company's products (PP), the balance of income from non-operating transactions (RWP) and**the profit**from other sales (RPR). The formula can be represented as follows:RB = RR + Sun + RPR

2

Profit from sales (RR) is calculated according to the following formula:

PP = Np - Sp - Rnds - RA

In this formula, Np – revenues from sales of products (goods, services), Sp – production costs (only the cost of production, commercial and management expenses) Rnds – added tax, RA – excise taxes.

PP = Np - Sp - Rnds - RA

In this formula, Np – revenues from sales of products (goods, services), Sp – production costs (only the cost of production, commercial and management expenses) Rnds – added tax, RA – excise taxes.

3

The balance of non-operating income and expenses (RVP) is calculated in accordance with the following variables: income on owned enterprise securities, income from rental property, income from equity participation in joint ventures, as well as sanctions, fines and penalties for supplying low quality products, for failure of contractual obligations, violation of the terms and conditions of carriage, etc.

4

To profit from other sales (RPR) includes

**profit**(loss) from sales of works, goods, services by the service and utility industries, including the sale of purchased inventory items. In addition, other sales organizations include works and services of nonindustrial character, which are not included in the volume of products sold core business. Here we are talking about services for overhaul and capital construction, transport services, households, the implementation of the purchase of heat.# Advice 2: How to calculate the net profit of the company

Net profit implies a certain share from retained earnings, which must ever be at the disposal of the company after payment of taxes and other obligatory payments.

Instruction

1

Determine the period for which you wish to calculate the net profit

**of the enterprise**. Can take for such calculation period year, quarter or month.2

Calculate the net

**profit**using the following formula: Net**profit****of the enterprise**= financial**profit**+ gross profit + other operating**profit**– tax deduction.3

Please note that the indicators for the calculation you need to take for the period of time over which you choose to calculate.

4

Can calculate the amount of net income and other means. It is necessary to use indicators from the financial statements. In this case, the net

**profit****of the enterprise**is formed on the account in accounting "Profit and loss".5

Determine the gross profit. For this you will need the following amounts: revenue for the required period and the value of the cost of production. To calculate the gross profit of firm subtract from the first coefficient of the second.

6

Find the sum of operating profit. It is defined in the form of the difference of all other operating expenses and income. In turn, in order to calculate the financial

**profit**, we must subtract from the amount of financial income costs in this category.7

Calculate the net profit after the payment of necessary indicators. If you get a value with a negative sign "-", it will mean that the enterprise during the analyzed time period suffered losses.

8

Can form net

**profit**of the retained earnings. In this case, it is calculated as the difference between the book**profit**u, which is subject to taxation and the value of tax deductions subject to the usual company benefits.9

Check the values obtained. They should be equal, because you expected the same indicator in different ways. If the sums do not add up, so in the calculations an error was made.