Operating Profit definition

Operating Profit means the difference between the discounted revenues and the discounted operating costs over the economic lifetime of the investment, where this difference is positive. The operating costs include costs such as personnel costs, materials, contracted services, communications, energy, maintenance, rent, administration, but exclude depreciation charges and the costs of financing if these have been covered by investment aid. Discounting revenues and operating costs using an appropriate discount rate allows a reasonable profit to be made;
Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:
Operating Profit means, with respect to any Fiscal Year, any net income of the Partnership, adjusted to exclude (a) any Capital Profit or Capital Loss, and (b) the effect of any reorganization, restructuring or other capital transaction proceeds derived by the Partnership. To the extent derived from any Fund, any items of income, gain, loss, deduction and credit shall be determined in accordance with the same accounting policies, principles and procedures applicable to the determination by the relevant Fund, and any items not derived from a Fund shall be determined in accordance with the accounting policies, principles and procedures used by the Partnership for United States federal income tax purposes. Operating Profit shall not include any income or gain attributable to a Book-Tax Difference.

Examples of Operating Profit in a sentence

  • Operating profit includes the effect of changes to non-economic assumptions on the value of in-force at the end of the year.

  • Operating profit amounted to ¥10,098 million, down 6.6%, mainly due to cost increases associated with our headquarters relocation.

  • Operating profit increased by 9.4% to £20.0m (2006: £18.3m) and profit before tax increased by 9.2% to £20.0m (2006: £18.4m).

  • Adjusted Operating profit for the Filters segment as reported in Essentra’s 2022 Interim Financial Statements and Essentra’s 2021, 2020 and 2019 Annual Report and Accounts.

  • Operating profit came to 352.3 billion yen, ordinary profit was 360.4 billion yen, and net profit attributable to owners of parent totaled 258.6 billion yen for this fiscal year.


More Definitions of Operating Profit

Operating Profit means a positive Operating Profit (or Loss), and “Operating Loss” shall mean a negative Operating Profit (or Loss).
Operating Profit means, as applied to any Person for any period, the operating revenue of such Person for such period, less (a) its costs of services for such period and (b) its selling, general and administrative costs for such period but excluding therefrom all extraordinary gains or losses, all as determined and computed in accordance with GAAP.
Operating Profit means as to any Performance Period, the difference between revenue and related costs and expenses, excluding income derived from sources other than regular activities and before income deductions.
Operating Profit. With respect to any Accounting Period (i) the net income of the Company derived from the ongoing business operations of such entity or entities for such period plus (ii) interest, federal and state income taxes or any provision for such taxes, depreciation, amortization, financing costs, management fees and 90 % of aircraft expenses. Operating Profit shall be determined on the accrual method of accounting and in accordance with generally accepted accounting principles consistently applied, provided that (i) in no event shall tradeout or barter transactions or extraordinary items of revenue or expense (including revenue or expense from non-operating investments, revenue or expense from the sale or purchase of assets not considered an Acquisition or Disposition or revenue or expense not derived from business operations) be reflected in net income and (ii) amounts paid or received in settlement of (or payment of judgments in respect of) litigation which did not arise in the ordinary course of the business operations of such entity or entities or any of their respective subsidiaries, shall not be reflected in net income (it being understood that subsidiaries of the Company do have litigation which shall be considered litigation in the “ordinary course” of business operations). If there has occurred a Disposition within the Accounting Period and the net proceeds of such Disposition have been received by the Company prior to the date on which Company Value is to be calculated as herein provided, the net income relating to the subject of such Disposition shall be deleted from the calculation of Operating Profit. If there has occurred an Acquisition within the Accounting Period, the income from which is reflected in the Accounting Period only partially, the Operating Profit with respect to the subject of such Acquisition shall be adjusted, on a historical pro forma basis, to reflect Operating Profit for the complete Accounting Period. Parent: Affinity Group Holding, Inc., a Delaware corporation, or such other entity which holds in excess of 80 % of the issued and outstanding equity securities of the Parent.
Operating Profit means gross profit less operating expenses. Operating profit includes all income derived from the business activity being evaluated by the comparable profits method, but does not include interest and dividends, income derived from activities not being tested by this method, or ex- traordinary gains and losses that do not relate to the continuing operations of the tested party.