Theme Analysis of financial results and profitability (4 pairs)

Table 9.1

Explanations

Concepts (Notions)	Meaning
Sale (net proceeds)	Income from ordinary activities is generated in the ordinary course of business of a business entity
Gross profit on sale	Income from the main and non-core activities of the enterprise
Cost of goods sold	The expenses connected with production of good or services directly
Period expenses	all other indirect costs that are incurred in production
Operational income (loss)	the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold
Financial expenses	Interest, income taxes, and other such expenditure incurred in owning or renting an asset or property
Financial income	Financial income is the revenue generated by the temporary surplus cash invested in short-term investments and marketable securities. It also includes foreign exchange gains on debt and write-backs on provisions and charges related to financial operations.