Profit and loss statement

The EVA [10,11] combines information from the profit and loss statement (revenue, costs, earnings before interests and taxes (EBIT), etc.) and the financial sheet (net working capital (NWC), assets, etc.). The EVA is the interest calculation in absolute measurements and strongly related to the return on capital employed (ROCE) where the gained interest rate is calculated (Figure 1.7). In the long term, this interest rate should be above the capital costs of the company which is the interest rate the company has to pay for a credit on the capital market. Hence, a positive EVA means that the company has earned some money above the capital costs. 

Two valuable sources of data for identifying opportunities for optimization include (1) profit and loss statements for the plant or the unit and (2) the periodic operating records for the plant. The profit and loss statement contains much valuable information on sales, prices, manufacturing costs, and profits, and the operating records present information on material and energy balances, unit efficiencies, production levels, and feedstock usage. 

Value Planning-, detailing the requirements to plan monthly values consistent to the company profit and loss statement... 

Focus on supply volume planning to fulfil given demand, reach a feasible plan and minimize supply costs also using subjective penalties instead of actual cost parameters from controlling future-oriented profit-maximization according to profit and loss statement and inventory value planning not covered so far... 

Value planning described in subchapter 5.3 consolidates all values in a consistent profit and loss statement view and maximizes global profit. In addition, value planning addresses the requirements of planning future inventory values across the value chain network. 

Altogether, the model supports the company to optimize monthly profits based on volume decisions consistent as far as possible to company s profit and loss structures. Ideally, it is fully consistent with the company s profit and loss statement requiring integrating costs for support areas such as further overhead costs or capital costs on receivables. This would be a long-term vision, where further research should be directed to. 

Global profit optimization consistent with profit and loss statements demonstrates how to integrate the value and volume views in controlling, sales marketing, supply chain management, production and procurement. 

N.N. (2006a) Income statement. Wikipedia, The Free Encyclopedia. URL http //en.wikipedia.org/wiki/Profit and loss statement, Date 24.07.2006 N.N. (2006b) Economic Value Added. Wikipedia, The Free Encyclopedia. URL http //de.wikipedia.org/wiki/Economic Value Added, Date 27.07.2006 N.N. (2006c) Marksituation. Wikipedia, Die freie Enzyklopadie. URL ... 

E. Income projections (profit and loss statements) for multiple years sales, fixed costs (mortgage, loan interest, depreciation, rent, taxes, insurance, advertising, salaries, benefits), variable costs (cost of material, hourly... 

The cost of goods sold (COGS) can be found on the pharmacy s income (profit-and-loss) statement for a given period of time. The average inventory value can... 

Containment of costs—profit and loss statements, more commonly referred to as P Ls... 

The profit and loss statement is a management tool used to gauge how the company is performing financially. Each store has its own profit and loss statement. When a pharmacist and pharmacy manager are visited by the pharmacy development manager, the profit and loss statement is reviewed to make sure that the company is on or within plan. If the pharmacy is not operating to plan, the area of concern is evaluated, an action plan is developed, and then it is put into play to achieve the desired results. 

The most popular statement is the income statement, also referred to as the profit and loss statement. This statement reflects the results of all business transactions over a period of time and is a summary of all the firm s earned revenue, i.e., income from sales and services less all expenses incurred, i.e., costs associated with the earning process. The income statement usually covers a specific period of time selected by the firm, generally called a fiscal period. The fiscal period basically describes a business year, e.g., beginning on May 1, 2002, and ending on April 30, 2003. Many firms use a calendar year extending from January 1 to December 31 of the same year as their fiscal year. 

To capture the business opportunities, the procurement team then needs to build a holistic business plan. The business plan mentality is critical, since it will provide the organization with a clear proposal and basis for the decision to allocate necessary resources to the planned efforts. Organizations that have pursued such an approach have created the prerequisites for performance transparency and service-oriented behavior. Possible outcomes depending on the needs of the company and the capabilities developed within procurement can range from a strong procurement network with its own profit and loss statement and balanced scorecard to the creation of a market-oriented profit center unit. The business plan should be focused primarily on value creation rather than cost savings, and should consist of two distinct parts ... 

After all the appropriate costs are collected then simple profit-and-loss statements can be prepared and the outputs utilized in the financial analysis. The Autoclave Engineers financial model prepares the profit-and-loss statements and performs the financial analysis required. 

Based upon an analysis of the data, the model generated a profit-and-loss statement for operating costs over seven years. The results are displayed below and demonstrate the lower operating costs that could be expected with the carbon dioxide system. 

Olfaction plays an important role in sexual behavior in many animals. Macrosomatic animals have a highly developed ability to use olfaction for identifying sexual partners, enemies and food i.e.. these animals use olfaction for survival and continuation of the species. The linkage between reproductive behavior and olfaction is not as strong in humans but we may still possess the neural hardware tying odors to sexual arousal and certainly the profit and loss statements of the fragrance industry attests to a key role of olfaction in human sex drives. 

The income statement is another important type of business financial statement. As does the balance sheet, the income statement also has different names in that it is sometimes referred to as the profit and loss statement, statement of earnings, statement... 

The income statement (Table 2.2) is also referred to as the earnings statement, profit and loss statement (P L), and statement of operations. The income statement is essentially divided into four sections ... 

The profit leverage effect (PLE) is widely used to show how a reduction in COGS leads to improved profits faster than a corresponding increase in sales. A question often contemplated is, should the company increase sales or decrease costs to improve profitability quicker Using a simplified profit and loss statement (Table 10.1), PLE is demonstrated. As viewed in the table a base state is provided, and then increasing sales by 10% and reducing costs by 10% are compared. 

Therefore, the minimum cost of oil is 17.50Ab [(( 3.00/lb+ 0.50/lb)/0.2)]. If during oil recovery (using mechanical recovery), 10% of the meal is residual oil, each 1.01 of meal contains 200 lb of oil, with a potential cost (or loss of revenue) of 3500. Typically this meal is placed into landfill or incinerated. Refining losses of 10% add a further debit to the profit and loss statement. So to look at it another way, if yon pnrchase 1.01 of seed at 6,000, spend 1000 to expel it into 1800 lb of meal and 200 lb of oil, the lost value of oil that remains in the meal is 50% of the price paid for the seed and processing it in the first place. 

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