Profit before tax
The result including financial income and expense, but before corporate income tax.
This is operating profit plus the financial result: interest received and paid, exchange differences and results from participations.
The gap between operating profit and profit before tax shows what the financing structure costs. A large negative gap means a substantial share of what the company earns goes to whoever funded it.
It is also the figure corporate income tax is calculated on in principle, though taxable profit differs from accounting profit.
Where this figure comes from
Read from the income statement in the annual accounts.
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