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The basis for constructing a profit and loss statement in Russia is the classification of income and expenses, established

Table 4.4. The procedure for filling out liability items on the balance sheet

Balance line	Balance line code
Authorized capital		Account balance 80
Own shares purchased from shareholders		Account balance 81 is shown in parentheses
Revaluation of non-current assets		Account balance 83 subaccount "Revaluation of non-current assets"
Additional capital (without revaluation)		Account balance 83 (without subaccount "Revaluation of non-current assets")
Reserve capital		Account balance 82
Retained earnings (uncovered loss)		Account balance 84, 99 (collapsed)
Total for Section III		Sum of lines 1310, 1340, 1350, 1360 and 1370 minus line 1320
Borrowed funds		The balance of account 67, which reflects the debt on long-term loans and borrowings, as well as the amount of interest on them
Deferred tax liabilities		Account balance 77
Estimated liabilities		Account balance 96 parts of the balance of the unused reserve created for more than 12 months
Other obligations		Long-term liabilities that were not reflected in other lines of Section IV "Long-term liabilities"
Total for Section IV		Sum of lines 1410, 1420, 1430 and 1450
Borrowed funds		The balance of the subaccounts of account 66, which reflects debts on short-term loans and borrowings, as well as the amount of interest on them
Accounts payable		The sum of the balances of subaccounts of accounts 76 and 60, which reflect the debt to suppliers and contractors Credit balances of accounts 68, 69.70 Credit balance of subaccounts "Calculations"
			for claims and “Settlements for property and personal insurance” account 76 and the credit balance of account 71 Credit balances of the subaccount “Settlements for payment of income” account 75 and subaccount “Settlements with employees for payment of income on shares and shares” account 70
revenue of the future periods			Balance on accounts 98 and 86 (for commercial organizations)
Estimated liabilities			Balance of account 96 in terms of created reserves for a period of not more than 12 months
Other obligations			Short-term liabilities that cannot be classified as other items in the “Short-term liabilities” section
Total for Section V			Sum of lines 1510, 1520, 1530, 1540 and 1550
			Sum of lines 1300, 1400 and 1500

naya PBU 9/99 “Income of the organization” and PBU 10/99 “Expenses of the organization”.

Income is an increase in economic benefits and/or the settlement of liabilities, leading to an increase in capital. Expenses are recognized as a decrease in economic benefits and (or) repayment of obligations, leading to a decrease in capital. The following receipts (payments) are not recognized as income (expenses):

• - amounts of value added tax, excise taxes, export duties and other similar payments;
• - under commission agreements, mandates and other agency agreements;
• - advance payment for products (work, services);
• - as collateral, if under the agreement the collateral property is transferred to the pledgee;
• - to repay loans and borrowings provided to the borrower;
• - as a contribution to the authorized capital.

For accounting and reporting purposes, income and expenses are divided into ordinary and other. The organization makes this distinction independently based on the nature of its activities, the input of income and expenses and the conditions for their receipt.

Ordinary activities, as a rule, include the type of activity specified in the charter and (or) constituent documents. When registering a legal entity with the Territorial Statistics Authorities, they are assigned a code of types of economic activity (OKVED). In addition, ordinary activities include receipts that are significant in the total amount of income and are of a regular nature. Expenses in the income statement are recognized taking into account the relationship between expenses incurred and revenues (the principle of matching income and expenses).

Lines 2110-2220 provide information on income and expenses from ordinary activities, which discloses the indicators of revenue from the sale of products (works, services) and the total cost, formed by the cumulative total for the year on account 90 “Sales”.

Revenue (line 2110) - the amount recorded on the credit of account 90 “Sales” in correspondence with account 62 “Settlements with buyers and customers”. The amounts of VAT, excise taxes, export duties and other similar payments are excluded from the total revenue.

In accordance with clause 12 of PBU 9/99 “Income of Organizations”, revenue is recognized in accounting when the following conditions are met:

• a) the organization has the right to receive this revenue arising from a specific agreement or confirmed in another appropriate manner;
• b) the amount of revenue can be determined;
• c) there is confidence that as a result of a specific transaction there will be an increase in the economic benefits of the organization (when the asset is received or there is no uncertainty regarding the receipt of the asset);
• d) the right of ownership (possession, use and disposal) of the goods has passed from the organization to the buyer, the work has been accepted by the customer, the service has been provided (a certificate of completion has been signed);
• e) the expenses that have been incurred or will be incurred in connection with this operation can be determined.

If at least one of the above conditions is not met in relation to cash and other assets received by the organization in payment, then accounts payable (advances received) are recognized in accounting, and not revenue.

To recognize in accounting revenue from the provision for a fee for temporary use of one’s assets, rights arising from patents for inventions, industrial designs and other types of intellectual property and from participation in the authorized capital of other organizations, the conditions defined in the above paragraphs must be simultaneously met. "a", "b" and "c".

An organization may recognize in accounting revenue from the performance of work, provision of services, sale of products with a long production cycle as soon as the work, service, product is ready (using account 46 “Completed stages of work in progress”) or upon completion of all work, services, production products in general. The option for revenue recognition arises from the agreement with the customer and must be specified in the accounting policy. In relation to work of different nature and conditions, an organization may use different methods of revenue recognition in the reporting period.

Revenue is accepted for accounting in an amount calculated in monetary terms equal to the amount of receipts of cash and other property and (or) the amount of accounts receivable. The amount of receipts and (or) receivables is determined on the basis of agreements concluded with the buyer. If the price for products, works, services is not determined by the contract, then to determine revenue, the price at which, in comparable circumstances, the organization determines revenue in relation to similar products, works, services is accepted.

When selling products, works, services on the terms of a commercial loan provided in the form of deferred or installment payment, the proceeds are accepted for accounting in the full amount of receivables.

The amount of receipts and (or) receivables under contracts providing for the fulfillment of obligations (payment) in non-monetary means is accepted for accounting at the cost of goods to be received by the organization. The cost of goods (valuables) received by the organization is established based on the price at which, in comparable circumstances, the organization usually determines the value of similar assets. If it is impossible to determine the cost of goods (valuables), revenue is determined at the cost of the transferred goods based on the price at which, in comparable circumstances, the organization usually determines revenue in relation to similar products.

In cases where the obligation under the contract changes, the initial amount of receipts and (or) receivables is adjusted based on the value of the asset to be received by the organization. The value of the asset to be received is determined based on the price at which, in comparable circumstances, the entity would normally determine the value of similar assets. The amount of receipts and (or) receivables is determined taking into account all discounts (allowances) provided by the organization in accordance with the agreement.

When a provision for doubtful debts is formed in accordance with the accounting rules, the amount of revenue does not change.

Some features of revenue recognition exist in trading organizations. Revenue from the sale of goods is turnover, i.e. the cost of goods shipped (in wholesale) or released (in retail) to customers at sales prices excluding VAT and other similar fees and charges. Revenue from intermediary organizations (commission agents.

agent, etc.) the amount of commission is recognized.

The indicator “Revenue from the sale of goods, products, works, services” is a general indicator. In the case of carrying out several types of activities, organizations must disclose income separately for each type of activity if they are significant to characterize the financial condition of the organization. To do this, you can use free lines and place them below the considered indicator.

Cost of sales (line 2120) - the indicator reveals the amount of costs associated with the production of products, performance of work, provision of services, the proceeds from the sale of which are reflected in line 2110 of the profit and loss statement. For the purpose of generating financial results, the cost is determined on the basis of expenses for ordinary activities. The procedure for recognizing expenses is determined by PBU 10/99 “Expenses of organizations”.

Expenses for ordinary activities include the following items, which may be disclosed in a separate table in the Notes to the Balance Sheet and Income Statement:

• - material costs;
• - labor costs;
• - contributions for social needs;
• - depreciation;
• - other costs.

The amount of expenses is determined based on prices and terms of contracts for the supply of material assets, employment contracts, etc. The cost includes the share of expenses recognized both in the reporting period and in previous periods, and carryover expenses related to the receipt of income in subsequent reporting periods, taking into account adjustments depending on the specifics of production of products, performance of work, provision of services and their sale. .

The actual cost of products sold is reflected in accounting by the entry: Dt. account 90 “Sales” - Kt. account 43 “Finished products”. If the accounting policy provides for the use of account 40 "Product Output", then this line reflects the value of the standard cost of shipped products, reflected by the entry D-t of account 90 "Sales" - K-t of account 43 "Finished products", as well as the amount of deviations of the actual cost from the standard cost for products released from production, written off by posting D-t account 90 “Sales” - K-t account 40 “Product release” with an additional or reversal entry.

Trade organizations under this article indicate the purchase price of goods sold (Account 90 “Sales” - Account 41 “Goods”). If the goods were accounted for at sales prices (in retail trade organizations), then the share of the trade margin attributable to the goods sold should be excluded (reversed) (Account 90 Sales - Account 42 Trade Margin). If In the profit and loss statement, revenue from the sale of products, works, and services is disclosed by type of activity, then the cost indicator should show the expenses that provided these incomes in the context of these types of activities.

Gross profit (loss) (line 2100) - the indicator is defined as the difference between the proceeds from the sale of products (work, services) and the cost value.

Business expenses (line 2210) - the organization’s costs associated with the sale of products and recorded in account 44 “Sales expenses”. Selling expenses can be recognized in accounting in full in the year of their recognition or distributed between sold and unsold (shipped) products. The method of recognition of selling expenses must be specified in the accounting policy and disclosed in the explanatory note.

Trade organizations reflect under the item "Commercial expenses" the amount of distribution costs recorded on account 44

"Sale expenses." Distribution costs increase the cost of sales in full in the year of their recognition, with the exception of the item “Transportation costs” (if the amount of transportation costs in accordance with the accounting policy is reflected in distribution costs and not in the cost of goods). The item "Transportation costs" is divided into the cost of sold and unsold goods. The share of transportation costs related to the cost of goods sold is written off to the cost of sales (Account 90 “Sales” - Account 44 “Sales expenses”).

Administrative expenses (line 2220) - the indicator is used in organizations that, in accordance with accounting policies, form a reduced cost of products (works, services). In this case, administrative expenses are collected on account 26 “General expenses” and written off in full to account 90 “Sales”.

If management expenses are attributed to the cost of production (D-t account 20 - K-t account 26), their value will be included in the indicator “Cost of products, works, services” on line 2120 of the profit and loss statement. Consequently, under the item “Administrative expenses” you can put a dash or not include it in the report.

Profit (loss) from sales (line 2200) - the final indicator between income and expenses for ordinary activities, which is determined by subtracting the amount of commercial and administrative expenses from the "Gross profit" indicator.

Line 2200 = line 2100 - line 2210 - line 2220.

The following lines of the income statement disclose information about other income and expenses.

Income from participation in other organizations (line 2310) - reflects the amount of dividends on shares, interest on contributions to the authorized capital of other organizations, including subsidiaries and dependent companies. The basis for recognition is the decision of the meeting of founders of organizations that distribute profits between participants. Most often, such events relate to events after the reporting date: D-t account 76 “Settlements with other debtors and creditors” D-t account 91 - “Other income and expenses”.

Interest receivable (line 2320) - the amount of interest that the organization must receive on bonds, deposits, government securities, loans provided, as well as for storing funds in bank accounts. The organization's income in the form of interest is reflected by the entry: D-t account 76 "Settlements with various debtors and creditors" - D-t account 91 Other income and expenses." Interest is accrued for each expired reporting period based on the terms of the agreement. At the same time, the conditions for recognizing interest in accounting conditions are similar to the conditions for recognizing revenue from sales of products.

Percentage to be paid (line 2330) - interest that an organization must pay on its own debt securities, loans and borrowings. Expenses in the form of interest are reflected by the entry: Account D-t 91 “Other income and expenses” - Account D-t 66 “Calculations for short-term loans and credits”, 67 “Calculations for long-term loans and credits”. Interest is accrued for each expired reporting period in accordance with the terms of the agreements.

Other income (line 2340) - the amount of expenses recognized as such in accordance with PBU 9/99 “Income of organizations” is disclosed:

• - fines, penalties, penalties - to be received for violation of the terms of business contracts (D-t account 76 - D-t account 91);
• - the value of assets received free of charge, recognition of state assistance (D-t account 98 - K-t account 91);
• - receipts related to compensation of losses to the organization (Account 76 - Account 91);
• - profit of previous years identified in the reporting year (D-t of different accounts - K-t of account 91);
• - amounts of accounts payable and depositors written off upon expiration of the statute of limitations (D-t of accounts 60, 76 K-t of account 91);
• - positive exchange rate differences (account set 50, 52, 60, 62, 71, etc. account set 91);
• - surpluses identified during inventory (account kit 01, 10, 41, etc. - account kit 91), etc.;
• - income (revenue excluding VAT and other similar payments) from the sale of fixed assets, material assets, foreign currency and other property of the organization;
• - payment for the use of fixed assets transferred under a current lease agreement (if this is not the main activity);
• - license payments for the use of intellectual property (if this is not the main activity);
• - profit received by the organization as a result of joint activities (under a simple partnership agreement);
• - the amount of additional valuation of fixed assets (intangible assets) within the amount of depreciation of this fixed asset (intangible asset) in previous reporting periods, charged to other expenses;
• - income that may arise as a result of emergency circumstances: the amount of insurance compensation, the cost of material assets remaining from the write-off of assets unsuitable for further restoration and further use of the organization, etc.

The accrual of income is reflected in the entries: D-t account 76 “Settlements with various debtors and creditors”, 62 “Settlements with customers and customers” - D-t account 91 “Other income and expenses”.

other expenses (line 2350) - reflects the amount of expenses recognized by them in accordance with PBU 10/99 “Expenses of organizations”:

• - fines, penalties, penalties - payable for violation of the terms of business contracts (D-t account 91 - Set of accounts 62, 76.60);
• - compensation for losses to other organizations (D-t account 91 D-t account 76);
• - losses of previous years identified in the reporting year (D-t account 91 - Set of different accounts);
• - amounts of receivables written off after the expiration of the limitation period (D-t account 91 - Set of accounts 62, 76);
• - negative exchange rate differences (D-t account 91 - Set of accounts 52, 60, 62, 71, etc.);
• - shortages identified during the inventory, for which the perpetrators have not been identified (Account 91 - Invoice 94), etc.;
• - expenses associated with the sale, disposal and other write-off of fixed assets, material assets, currency and other property of organizations (D-t account 91 - Set of accounts 01, 10, 57, etc.);
• - expenses associated with the provision of fixed assets for temporary use (depreciation: D-t of account 91 - Set of accounts 02; major repairs: D-t of account 91 - Set of accounts 10, 70, 69, 60, etc. );
• - expenses associated with the provision for a fee of rights arising from patents for inventions, industrial designs and other intellectual property (D-t account 91 - Set account 04, etc.);
• - expenses associated with payment for services provided by credit organizations (Account 91 - Account 51);
• - deductions to valuation reserves created in accordance with accounting rules (reserves for doubtful debts: D-t account 91 - K-t account 63; reserves for reduction in the value of material assets: D-t account 91 - K-t account 14; reserves for depreciation of financial investments: D-t of account 91 - K-t of account 59);
• - loss received by organizations as a result of joint activities (Account 91 - Account 76);
• - regional and local taxes (Account 91 - Account 68);
• - the amount of depreciation of fixed assets (intangible assets) in excess of the amount of its revaluation credited to additional capital during revaluation in previous reporting periods;
• - extraordinary expenses: losses resulting from extraordinary circumstances: natural disaster, fire, accident, etc.

These expenses are also taken into account in the debit of account 91 “Other income and expenses”.

Other expenses may not be shown in the income statement in relation to the corresponding income when:

• - this is provided for or not prohibited by the relevant accounting rules;
• - expenses and related income arising as a result of economic activity are not significant for characterizing the financial position of the organization.

In the above cases, the income statement may show the balance of income and expenses.

Profit (loss) before tax (line 2300) - determined by calculation: “Profit (loss) from sales” plus other income minus other expenses:

Line 2300 = line 2200 + line 2310 + line 2320 -- line 2330 + line 2340 - line 2350.

Further generation of report indicators is carried out in compliance with the requirements established by PBU 18/02 “Accounting for income tax calculations”.

Current income tax (line 2410) is the amount of income tax accrued for payment to the budget. Its value, calculated for the reporting period, is reflected in the income tax return. In accounting, the amount of income tax is formed taking into account the requirements of PBU 18/02 as follows:

±TNP = ±URNP(UDNP) + IONA - IONO + PNO - PNA, (4.1)

where TNP is the current income tax (tax calculated according to tax accounting data) or the current tax loss;

URNP (UDNP) - conditional expense (+) for income tax (tax calculated according to accounting data: D-t of account 99 - K-t of account 68) or conditional income (-) for profit tax, reflected by the entry: Debit account 68 Credit account 99 (if according to accounting data there is a loss);

IONA - changes in deferred tax asset (the amount of income tax, which in the reporting period increases the amount of tax accrued to the budget (D-t account 09 - D-t account 68), and in future tax periods will be taken for deduction (D-t account 68 - Kt account 09), which means the difference between the debit and credit turnover on account 09, where this account was used in correspondence with account 68;

IONO - changes in deferred tax liability (the amount of income tax that was excluded from the tax calculation in the reporting period (D-t of account 68 - K-t of account 77), and in future reporting periods will be accepted for accrual (Debit of account 77 Credit of account 68 ), which means the difference between credit and debit turnover on account 77, where this account was used in correspondence with account 68;

PNO - permanent tax liability (the amount of income tax that leads to an increase in income tax in the reporting period and is not accepted for deduction in subsequent tax periods) (Account 99 - Account 68);

PNA is a permanent tax asset (the amount of income tax that leads to a decrease in income tax in the reporting period and is not accepted for deduction in subsequent tax periods) (Account 68 - Account 99).

Permanent tax liabilities (assets) (line 2421). Information about PNO (PNA) in the income statement is balanced and shown as the difference on this line. In this case, PNA is understood as the amount of profit tax that is excluded from the calculation of profit tax in the reporting period and is not recognized in the following tax periods: D-t account 68 - D-t account 99. PNA, on the contrary, increases the amount of profit tax in reporting period at a time: D-t of account 99 - K-t of account 68.

The permanent tax liability is determined as the product of the permanent difference that arose in the reporting period and the income tax rate. Permanent differences arise as a result of:

• - the excess of actual expenses taken into account when forming accounting profits over expenses accepted for profit tax purposes within the limits of the norms;
• - non-recognition for tax purposes of expenses associated with the gratuitous transfer of property to other organizations;
• - the formation of a loss carried forward, which after a certain time will not be accepted to reduce the tax base for income tax;
• - non-recognition for profit tax purposes of losses associated with the appearance of a difference between the book value and agreed value of property when it is added to the authorized capital of other organizations;
• - other similar differences.

Changes in deferred tax liabilities (IONL) (line 2430). When filling out this line, you should take into account that deferred tax liabilities are equal to the amount of taxable temporary differences that arose in the reporting period, multiplied by the income tax rate. Their accrual is reflected by the entry D-t of account 68 - K-t of account 77. In the next tax period, part of IT increases the amount of income tax: D-t of account 77 - K-t of account 68. IT written off to the profit and loss account upon disposal the asset for which they were calculated, in the amount by which the taxable profit of both the reporting and subsequent periods will not be reduced, is reflected as follows: D-t of account 77 “Deferred tax liability” - K-t of account 99 “Profits and losses” . Thus, this line should reflect the difference between credit and debit turnover for the reporting period in account 77 “Deferred tax liabilities”. If the credit turnover (accrual of liabilities) exceeds the debit turnover (write-off or repayment of IT), then the result will reduce the profit (increase the loss). Otherwise, the profit will be increased (loss will be reduced). The order of entry on line 2430 (in parentheses or without parentheses) depends on these circumstances.

Changes in deferred tax assets (IONAs) (2450). Note that the recognition of IT in accounting is reflected by the entry: D-t account 09 - K-t account 68. In the reporting period, the amounts of income tax recognized in previous reporting periods can be deducted: D-t account 68 - K- t of account 09. In addition, IT, written off to the profit and loss account upon disposal of the asset for which they were calculated, in the amount by which the taxable profit of both the reporting and subsequent periods will not be reduced, is reflected as follows: D-t account 99 “Profits and losses” - Account number 09 “Deferred tax assets”. To fill out this line, it is necessary to determine the difference between the assets recognized in the reporting period and those accepted for deduction (written off) (the difference between the debit and credit turnover on account 09). Thus, the ONA indicator can be obtained with both a positive and negative value. If this difference is positive, then the result is added to profit before tax (loss is reduced). If the difference is negative, then the result must be subtracted from the profit (added to the loss) and reflected in parentheses.

By line "Other" (2460) The amount of penalties for late payments, understatement of tax bases, etc. may be reflected.

Net income (loss) (line 2400) is calculated using the formula

PE = PN - TNP ± IONA ± IONO, where PE is net profit (loss) for the reporting period (line 2400);

PN - profit (loss) before tax (line 2300);

TNP - current income tax (line 2410);

IONO - change in deferred tax liabilities, i.e. the difference between the income tax amounts recognized for reduction (credit turnover of account 77) and accrued amounts of income tax (debit turnover of account 77) in the reporting period (line 2430);

IONA - change in deferred tax assets, i.e. the difference between the recognized value (debit turnover of account 09) and accepted for deduction (credit turnover of account 09) in the reporting period (line 2450).

The indicator “Net profit (loss)” informs the user about the financial result of the organization’s activities for the reporting period and is the basis for the distribution of profits between the founders (shareholders). The line-by-line formula for determining the amount of net profit will look like this:

line 2400 = line 2300 - line 2410 - line 2421 - line 2430 + line 2450.

To summarize, we present an algorithm for calculating the indicator “Retained earnings (uncovered loss)”, which is disclosed in the balance sheet on line 1370 and is formed in the following order:

• 1) Gross profit (loss) - the difference between net revenue and production (full or reduced) cost of sales;
• 2) profit (loss) from sales - the difference between gross profit and the amount of administrative expenses and commercial expenses;
• 3) profit (loss) before tax - the difference between profit (loss) from sales and other income and expenses;
• 4) Net income (loss) - the difference between profit (loss) before tax and the amount of accrued current income tax, taking into account PNO (PNA), ONO and ONA, as well as accrued penalties for violation of tax laws;
• 5) retained earnings (loss) - the difference between net profit (loss) and the amount of income accrued to the founders, as well as taking into account other decisions on the distribution of net profit of the reporting year.

The indicator "Net profit (loss)", calculated in the income statement, may correspond to the difference between the indicators at the beginning and end of the reporting period in the line "Retained profit (uncovered loss)" of the balance sheet, if the profit is not distributed among the founders during the reporting period period. Otherwise, it is not possible to link these indicators.

The result from the revaluation of non-current assets, not included in net profit (loss) (line 2510). Here they show the results from the revaluation of non-current assets, to cover which additional capital was used. It is determined on the basis of turnover in account 83, subaccount “Result of revaluation of non-current assets”, subtracting debit turnover from credit turnover.

The result of other operations not included in the net profit (loss) of the period (line 2520). This line shows the balanced result obtained as a result of capital movements for such business transactions as:

• - use of reserve capital to pay off bonds of the joint-stock company (Debit 82 Credit 66.67);
• - assignment of the amount of the difference between the sale and par value of shares, received in the process of forming the authorized capital through the sale of shares at a price exceeding the par value (Debit 75 Credit 83);
• - distribution of amounts of additional capital between the founders (Debit 83 Credit 75), etc.

Cumulative financial result of the period (line 2500). This indicator is borrowed from international standards and allows you to transform the income statement into a statement of comprehensive income under IFRS. This line shows not only net profit (loss), but also the result from the revaluation of non-current assets, i.e. all transactions of a revaluation nature that are included in capital.

Basic profit (loss) per share (line 2900). This indicator is calculated by joint stock companies in accordance with the Methodological Recommendations for Disclosing Information on Profit per Share, approved by Order of the Ministry of Finance of Russia dated March 21, 2000 No. 29n. The basic earnings per share indicator reflects the portion of the profit of the reporting period attributable to shareholders - owners of ordinary shares. The calculation of profit attributable to preferred shares is made in accordance with the constituent documents (methodological recommendations do not consider the calculation procedure).

Basic earnings per share are determined by dividing basic earnings (loss) for the reporting period by the weighted average number of ordinary shares outstanding during the reporting period. Basic profit refers to the portion of profit remaining after paying all taxes and dividends on preferred shares. The weighted average number of ordinary shares is determined by dividing the number of ordinary shares outstanding on each 1st day of the month of the reporting period by the number of months in the reporting period.

Example. At the beginning of the reporting period, the number of ordinary shares outstanding was 15,000; On July 1, the organization bought back 3,000 shares from shareholders, and on September 1, an additional issue took place, which amounted to 7,500 shares.

Weighted average number of ordinary shares outstanding (15,000 pieces x 6 months + 12,000 pieces x 2 months + + 19,500 pieces x 4 months): 12 months. = 16,000 pcs.

If net profit (NP) is, for example, RUB 480,000, then basic earnings per share (BPA) is RUB 480,000. : 16,000 pcs. = = 30 rub.

Diluted earnings (loss) per share (line 2910) - a value that reflects a possible decrease in the level of basic earnings per share in the reporting period. Earnings per share dilution refers to a decrease in earnings that may occur as a result of:

• o conversion of securities issued by the company (preferred shares, bonds, etc.) into ordinary shares;
• o execution by the company of a contract for the purchase and sale of ordinary shares from the issuer at a price below their market value;
• o additional issue of ordinary shares, etc.

Unlike basic earnings per share, diluted earnings show a possible worst-case situation. Such information serves as a warning to shareholders that less of the company's profits will be distributed over a larger number of shares, i.e. diluted.

Example. Net profit of the organization (PE) 480,000 rubles. The weighted average number of ordinary shares in circulation is 16,000. Bonds (each convertible into 1.5 ordinary shares) 1000 pcs. Payment of interest on bonds is 20 rubles. x 1000 pcs. = 20,000 rub. Adjustment of net profit RUB 480,000. + 20,000 rub. = 500,000 rub. The number of ordinary shares as a result of conversion of bonds is 16,000. + + 1000 pcs. x 1.5 pcs. = 17,500 pcs.

Basic earnings per share of BPA RUB 480,000. : 16,000 pcs. = = 30 rub.

Diluted earnings per share RPA RUB 500,000: 17,500 pcs. = = 28.57 rub.

If the placement of additional shares occurred in the reporting year, then basic and diluted earnings are adjusted. If an additional issue occurred after the reporting date, but before the statements were signed, then information about this should be disclosed in the explanatory note.

In table 4.5 presents the procedure for filling out the articles of the Profit and Loss Statement based on accounting data.

Table 4.5. The procedure for filling out the items of the Profit and Loss Statement

Report line	Line code				The procedure for forming the indicator
					The difference between the credit turnover of the “Revenue” subaccount of account 90 and the debit turnover of the “Value Added Tax” and “Excise Tax” subaccounts. "Export customs duties" account 90
Cost of sales					Debit turnover on the “Cost of Sales” subaccount of account 90 in correspondence with accounts 20, 41, 43 and 45. Organizations that use account 40 to account for production costs must adjust the debit turnover on the “Cost of Sales” subaccount of account 90 by the difference between the actual and standard production costs. If the actual cost turns out to be higher than the standard cost, then the excess amount is added to the debit turnover in the “Cost of Sales” subaccount, and if lower, it is subtracted from it
Gross profit (loss)					Difference between lines 2110 and 2120
Business expenses					Debit turnover of the “Cost of sales” subaccount of account 90 in correspondence with account 44
Administrative expenses					Debit turnover of the “Cost of sales” subaccount of account 90 in correspondence with account 26
Profit (loss) from sales					Difference between line 2110 and lines 2120, 2210 and 2220
Income from participation in other organizations					Credit turnover of subaccounts of account 91, which show the amount of income from equity participation in other organizations
Interest receivable					Credit turnover of subaccounts of account 91, which show interest receivable
Percentage to be paid					Debit turnover of subaccounts of account 91, which reflects interest payable
Other income					Credit turnover on subaccounts of account 91, where other income is indicated, minus the amount of VAT
other expenses				Debit turnover on subaccounts of account 91, which reflect other expenses
Profit (loss) before tax				Line 2200 + line 2310 + line 2320 -- line 2330 + line 2340 - line 2350
Current income tax				The difference between the credit and debit turnover of the subaccount “Calculations with the budget for income tax” of account 68 for the reporting period
Permanent tax liabilities (assets)				The difference between the entries Debit 99 Credit 68 subaccount “Calculations for income tax in terms of permanent tax liabilities” and Debit 68 subaccount “Calculations for income tax in terms of permanent tax assets” Credit 99. A positive difference is recorded in parentheses, and a negative difference - without parentheses
Changes in deferred tax liabilities				The difference between the credit and debit turnover of account 77 (if the result is positive, then it is written in parentheses and subtracted from line 2300, if negative, it is added to line 2300)
Changes in deferred tax assets				The difference between the debit and credit turnover of account 09 (if the result is positive, it is added to line 2300, if negative, it is written in parentheses and subtracted from line 2300)
				Amounts of penalties accrued to the budget for late payments, understatement of tax bases, etc., reflected in the entry: D-t account 99 "Profits and losses" - K-t account 68 "Calculations for taxes and fees"
Net income (loss)				Line 2300 - line 2410 ± line 2421 ± line 2430 ± line 2450 - line 2460
Result from the revaluation of non-current assets, not included in net profit (loss)				The difference between credit and debit turnover in account 83 subaccount "Result from the revaluation of non-current assets"
Result from other operations not included in the net profit (loss) of the period				The result of capital movements reflected in the entries: Debit 82 Credit 66, 67; Debit 75 Credit 83; Debit 83 Credit 75, etc.
Total financial result of the period			Line 2400 ±2510 ±2520
Basic earnings (loss) per share			The portion of profit remaining after payment of all taxes and dividends on preferred shares for the reporting period
Diluted earnings (loss) per share			Estimated value that reflects a possible decrease in the level of basic earnings per share in the reporting period

Gross profit on balance sheet -line 2100 - corresponds to the indicator of the financial result of the main activity of the enterprise for the reporting period. It should be clarified that this article is reflected not in Form 1, but in Form 2 - the report on financial results, which organizations provide along with the balance sheet. Let’s take a closer look at how the “Gross Profit” item is formed.

What is gross profit and how does it differ from net profit?

Gross profit is considered one of the main indicators characterizing the efficiency of an enterprise. It is calculated as the difference between:

• net revenue from the main activity,
• the cost of goods or services.

Based on the obtained value, one can indirectly judge the profitability of the enterprise. Indirectly - since the indicators taken into account do not reflect complete information.

Thus, the term “net” in relation to revenue means that it is necessary to subtract from it:

• excise taxes,
• other obligatory payments (for example, export duties).

The cost indicator is formed by:

• costs of production and provision of services;
• the purchase price of the goods sold.

Commercial and administrative expenses are not included in the cost price; they are reflected in the financial performance statement separately and participate in the formation of the net profit indicator (clause 23 of PBU 4/99).

Actually, this is the difference between gross profit and net profit. The first serves, rather, to assess production costs, pricing efficiency, and return on production, since it is formed from indicators that are directly related to production.

While net profit is the final financial result of the enterprise’s activities for the reporting period, calculated as the difference between all recognized income and expenses (including taxes and mandatory payments).

Methods for calculating gross profit and a list of items that form it can be found in the article.

Reflection of gross profit in reporting

As previously mentioned, gross profit is displayed in the financial results report, the form of which was approved by Order of the Ministry of Finance dated July 2, 2010 No. 66n, namely in line 2100.

The indicators “Revenue” and “Cost of sales” are reflected in lines 2110 and 2120, respectively.

Thus, gross profit in the report is formed according to the formula:

The amount of gross profit can be either positive or negative. In the second case, the indicator means a loss and is entered in line 2100 in parentheses without the minus sign.

The cost price must also be indicated in parentheses (the minus sign is not used).

Let's take a closer look at what data is used to form the amount of revenue and cost.

What does revenue come from?

Line 2110 includes data on income from ordinary activities, the definition of which is given in paragraphs. 5, 12 PBU 9/99. Let us remind you that this indicator is entered minus VAT amounts. This is indicated to us by approx. 5 of Appendix No. 1 to Order of the Ministry of Finance dated July 2, 2010 No. 66n, as well as the list of receipts that are not recognized as income of the enterprise, published in paragraph 3 of PBU 9/99.

Revenue is accounted for in account 90.1 separately for each type of activity. The amounts of VAT and excise taxes are displayed on accounts 90.3 and 90.4, respectively. Graphically, the formula for calculating the “Revenue” item can be presented as follows:

What is the cost formed from?

Line 2120 is formed based on data on expenses for ordinary activities described in paragraph 5 of PBU 10/99.

According to the instructions for using the Chart of Accounts, the cost of products, goods, and services is accounted for in account 90.2. Write-off of cost is recorded by posting:

Dt 90.2 Kt 20, 23, 29, 40, 41, 43, etc.

It should be taken into account that commercial and administrative costs are also accumulated in account 90.2. And they, as we know, do not form the line indicator 2120. These expense items are drawn up in correspondence with accounts 26 and 44.

Results

Gross profit represents the excess of revenue from sales and provision of services over their cost. Otherwise, the indicator indicates that the product is not profitable. Information on the amount of gross profit/loss is presented in line 2100 of the statement of financial results and is calculated as the difference between lines 2110 and 2120.

Line 2100 "Gross profit (loss)"
This line reflects information about the organization’s gross profit, i.e. on profit from ordinary activities, calculated without taking into account commercial and administrative expenses (if, in accordance with the accounting policy of the organization, administrative expenses are recognized as semi-fixed and are shown on line 2220 “Administrative expenses” of the Profit and Loss Statement).

The value of line 2100 "Gross profit (loss)" is determined as the difference between the indicators of lines 2110 "Revenue" and 2120 "Cost of sales". If, as a result of subtracting these indicators, the organization receives a negative value (loss), then it is shown in the Profit and Loss Statement in parentheses.
┌────────────────────┐ ┌────────────────┐ ┌──────────────────────┐

│Line 2100 "Gross" │ │Line 2110 │ │Line 2120 │

│profit (loss)" │ = │"Revenue" of the Report│ - │"Cost of sales"│

│Income statement and │ │income statement and │ │Income statement and │

│losses │ │losses │ │losses │

└────────────────────┘ └────────────────┘ └──────────────────────┘
The indicator in line 2100 “Gross profit (loss)” (for the same reporting period of the previous year) is transferred from the Profit and Loss Statement for this reporting period of the previous year. When preparing financial statements for the reporting periods of 2011, the gross profit (loss) indicator for the corresponding reporting period of 2010 is transferred from column 3 “For the reporting period” of line 029 “Gross profit” of the Profit and Loss Statement for the corresponding reporting period of 2010.
EXAMPLE
Indicators for lines 2110 “Revenue” and 2120 “Cost of sales” of the Profit and Loss Statement for the reporting period (9 months of 2011).
thousand roubles.

thousand roubles.

Solution
Gross profit for the reporting period is 15,327 thousand rubles. (87,341 thousand rubles - 72,014 thousand rubles).

Line 2210 "Business expenses"
This line reflects information on expenses for ordinary activities related to the sale of products, goods, works and services (commercial expenses of the organization):

For packaging and packaging of products in finished product warehouses;

For delivery of products to the departure station (pier);

For loading into wagons, ships, cars and other vehicles;

For commissions paid to sales and other intermediary organizations;

To pay salespeople in organizations engaged in production;

To carry out analyzes of products during their release;

For entertainment expenses;

For procurement, delivery of goods to central warehouses (bases) and transportation (dispatch) of goods (in trade organizations);

For wages in trade organizations;

For renting retail premises and finished product warehouses;

For storage and processing of goods;

For insurance of shipped goods, products and commercial risks;

To cover the shortage of goods (products) within the limits of natural loss;

Other expenses similar in purpose.

Selling expenses on a monthly basis, in whole or in part (when distributing commercial expenses between sold and unsold products (goods)) are written off from account 44 “Sales expenses” to the debit of account 90 “Sales”, subaccount 90-2 “Cost of sales”. The write-off procedure is established in the accounting policy of the organization.

The value of the indicator in line 2210 “Business expenses” (for the reporting period) is determined on the basis of data on the total debit turnover for the reporting period on account 90, subaccount 90-2, in correspondence with account 44. The resulting value of commercial expenses is indicated in parentheses.
┌──────────────────────────────────┐ ┌──────────────────────────────┐

│Line 2210 “Business expenses”│ = │Turnover by debit of subaccount 90-2│

│Income statement │ │and account credit 44 │

└──────────────────────────────────┘ └──────────────────────────────┘
The indicator for line 2210 “Business expenses” (for the same reporting period of the previous year) is transferred from the Profit and Loss Statement for the same reporting period of the previous year. When preparing financial statements for the reporting periods of 2011, the indicator in line 2210 “Business expenses” for the same reporting period in 2010 is transferred from column 3 “For the reporting period” of line 030 “Business expenses” of the Profit and Loss Statement for the corresponding reporting period of 2010 .
EXAMPLE
Indicators for subaccount 90-2 account 90 in accounting (in correspondence with account 44).

Solution
Selling expenses for the reporting period amount to 860 thousand rubles.
A fragment of the Profit and Loss Statement in the example would look like this.

Belt- opinions	Indicator name	Code	Behind 9 months 2011	In 9 months 2010
1	2	3	4	5
	Business expenses	2210	(860)	(1021)

Line 2220 "Administrative expenses"
This line reflects information on expenses for ordinary activities related to the management of the organization:

Administrative and management expenses;

Depreciation charges and expenses for repairs of fixed assets for management and general economic purposes;

Rent for general business premises;

Expenses for payment of information, auditing, consulting, etc. services;

Taxes paid by the organization as a whole (property tax, transport tax, land tax, etc.);

Other expenses similar in purpose that arise in the process of managing an organization and are determined by its maintenance as a single financial and property complex.

Administrative expenses accounted for on account 26 “General business expenses”, in accordance with accounting policies, can be monthly:

1) written off as conditionally constant in the debit of account 90 “Sales”, subaccount 90-2 “Cost of sales”;

2) be included in the cost of products, works, services (i.e. written off as a debit to accounts 20 “Main production”, 23 “Auxiliary production”, 29 “Service production and facilities”).

The value of the indicator in line 2220 “Administrative expenses” (for the reporting period) is determined on the basis of data on the total debit turnover for the reporting period on account 90, subaccount 90-2, in correspondence with account 26 (if such a procedure for writing off administrative expenses is provided for by the organization’s accounting policy) . The resulting amount of management expenses is indicated in the Profit and Loss Statement in parentheses.

Option 1. The accounting policy of the organization provides for the inclusion of management expenses in the cost of sales in full in the reporting period for their recognition as expenses for ordinary activities.

┌────────────────────────────────────┐ ┌───────────────────────┐

│Line 2220 “Administrative expenses”│ │Debit turnover │

│Profit and loss statement │ = │subaccount 90-2 and credit│

│ │ │accounts 26 │

└────────────────────────────────────┘ └───────────────────────┘

Option 2. The organization’s accounting policy provides for the inclusion of management expenses in the cost of products, works, and services.
┌────────────────────────────────────────────────────────┐ ┌───┐

│Line 2220 “Administrative expenses” of the Income Statement and│ = │ - │

│losses │ │ │

└────────────────────────────────────────────────────────┘ └───┘

The indicator for line 2220 “Administrative expenses” (for the same reporting period of the previous year) is transferred from the Profit and Loss Statement for this reporting period of the previous year. When preparing financial statements for the reporting periods of 2011, the indicator in line 2220 “Administrative expenses” for the same reporting period in 2010 is transferred from column 3 “For the reporting period” of line 040 “Administrative expenses” of the Profit and Loss Statement for the corresponding reporting period in 2010 .
EXAMPLE

Indicators for subaccount 90-2 of account 90 in accounting (in correspondence with the credit of account 26).

Solution

Administrative expenses amount to 6346 thousand rubles.

A fragment of the Profit and Loss Statement in the example would look like this.

Line 2200 "Profit (loss) from sales"
This line reflects information about the organization’s profit (loss) from ordinary activities.

The value of line 2200 "Profit (loss) from sales" is determined by subtracting the indicators of lines 2210 "Commercial expenses" and 2220 "Administrative expenses" from the indicator of line 2100 "Gross profit (loss)". If, as a result of subtracting these indicators, the organization receives a negative value (loss), then it is shown in the Profit and Loss Statement in parentheses.

The value of line 2200 “Profit (loss) from sales” should be equal to the difference between the total turnover for the reporting period in the debit of account 90 “Sales”, subaccount 90-9 “Profit/loss from sales”, and the credit of account 99 “Profits and losses” and the total turnover on the credit of account 90, subaccount 90-9, and the debit of account 99 (balance on account 99, analytical account of profit (loss) from sales. In this case, the credit balance means that the organization received profit from ordinary activities, and the debit speaks of the receipt of a loss.The debit balance (received loss) is shown in the Profit and Loss Statement in parentheses.

┌──────────────┐ ┌────────────────┐ ┌─────────────┐ ┌───────────────┐

│Line 2200 │ │Line 2100 │ │Line 2210 │ │Line 2220 │

│"Profit │ │"Gross profit│ │"Commercial│ │"Managerial│

│(loss) from │ = │(loss)" Report│ - │expenses" │ - │expenses" Report│

│sales" Report│ │on profits and │ │Report on │ │profits and │

│about profits and │ │losses │ │profits and │ │losses │

│losses │ │ │ │losses │ │ │

└──────────────┘ └────────────────┘ └─────────────┘ └───────────────┘

In this case, equality must be respected.
┌─────────────────────────────┐ ┌───────────────────────────────────────┐

│Line 2200 “Profit (loss)│ │Account balance 99 according to analytical │

│from sales" Income Statement │ = │account for profit (loss) from sales │

│and losses │ │ │

└─────────────────────────────┘ └───────────────────────────────────────┘
The indicator in line 2200 “Profit (loss) from sales” (for the same reporting period of the previous year) is transferred from the Profit and Loss Statement for this reporting period of the previous year. When preparing financial statements for the reporting periods of 2011, the indicator in line 2200 “Profit (loss) from sales” for the same reporting period in 2010 is transferred from column 3 “For the reporting period” of line 050 “Profit (loss) from sales” of the Income Statement and losses for the corresponding reporting period of 2010.
EXAMPLE

Indicator for account 99, analytical account for accounting for profit (loss) from sales, in accounting.
rub.

Indicators for lines 2100 “Gross profit (loss)”, 2210 “Commercial expenses” and 2220 “Administrative expenses” of the Profit and Loss Statement for 9 months of 2011
thousand roubles.

Indicators of the Profit and Loss Statement for 9 months of 2010
thousand roubles.

Solution
Sales profit for the reporting period is:

1) determined on the basis of accounting data - 8121 thousand rubles;

2) determined by calculation - 8121 thousand rubles. (RUB 15,327 thousand - RUB 860 thousand - RUB 6,346 thousand).
A fragment of the Profit and Loss Statement in the example would look like this.

Balance sheet profit is a value that shows how successfully a company has operated. If the result in the calculation formula is a positive number, then the organization has a profit. If the value is negative, there is a loss.

Balance sheet profit is a key reporting indicator

Balance sheet profit is the amount of profit an enterprise received during the period of operation from its main and non-core activities. The indicator is reflected in the balance sheet.

The concept of “balance sheet profit of an enterprise” contains the results of production, activity of an enterprise, a company for a period. This is the main financial indicator that shows the profit or loss received by the organization.

Balance sheet profit in reporting (form 2)

There are several types of profit on the income statement.

The following indicators exist:

• gross profit;
• profit (loss) from sales;
• profit (loss) before tax;
• Net income (loss).

As you can see, the concept of balance sheet profit is absent in the reporting (Form 2). The fact is that the balance sheet profit of an enterprise is a value that is considered a cumulative total from the beginning of the year. But it is not in the annual reports. The reason is the entries that the accountant makes at the end of the year and which reset certain accounting accounts. Therefore, we can say that the balance sheet profit of an enterprise is reflected in the reporting for the quarter, half a year and 9 months.

Formula for calculating gross profit:

Gross profit (line 2100) = Revenue (line 2110) - Cost (line 2120)

Line 2110 is a line in Form 2, which indicates revenue from the sale of products, goods, works, services. It is taken without value added tax and excise taxes.

Line 2120 shows the cost. That is, it includes expenses for ordinary activities.

To determine profit or loss from sales, calculate using the formula:

Profit (loss) from sales (line 2200) = Gross profit (line 2100) - Selling expenses (line 2210) - Administrative expenses (line 2220)

Balance line 2210- this is the amount of expenses from the normal activities of the organization. That is, this element of the formula is associated with the sale of goods, works, and services.

Line 2220 is all the costs that the company had and that are associated with managing the organization.

The calculation for profit before tax is as follows:

Profit (loss) before tax (line 2300) = profit (loss) from sales (line 2200) + Income from participation in other organizations (line 2310) + Interest receivable (line 2320) - Interest payable (line 2330) + Other income (line 2340) - Other expenses (line 2350)

To do this calculation, you must first complete lines 2310-2350 on your balance sheet income statement. Then we add the income to the figure of 2200, which was calculated earlier. Then we take into account expenses and get profit or loss. We look at the results in line 2300.

The formula for calculating balance sheet profit is as follows:

Balance sheet profit = line 2110 - line 2120 - line 2210 - line 2220 + line 2310 + line 2320 - line 2330 + line 2340 - line 2350

In annual reporting, balance sheet profit can be calculated as the sum of retained earnings from line 1370 and income taxes that the company must pay for the year.

Balance sheet profit in accounting

Balance sheet profit in accounting can be obtained using accounting accounts. Profit or loss from the activities of an organization is obtained as a result of the accumulation of a certain amount during the year on the balance sheet account 99 “Profit and Loss”. These values ​​are also reflected in accounts 91 “Other income and expenses” and 90 “Sales”.

It turns out that the balance sheet profit or loss consists of the turnover of account 99 in correspondence with accounts 90 and 91.

When calculating book profit, do not take into account the amount of income tax payable (the current tax is line 2410 in Form 2). Taxes are reflected in account 68. Also, do not take into account the final closing of account 84, which turns the accumulated profit or loss of the current year into profit or loss of previous years.

How to calculate book profit: calculation formula

BP = Dod+ PD-Rod-PR

Basic elements of calculation:

• income from main activities (DoD);
• other income (PD);
• expenses from core activities (Gender);
• other expenses (PR).

If the calculation results result in a positive value, then the company made a profit for the period under review. A negative value indicates a loss.

If we subtract income tax (IP) from the resulting result, we obtain net profit (NP):

PE = BP-NP

Income includes:

• proceeds from sale;
• operating income;
• non-operating income.

However, the following is removed from income:

• amounts of taxes, such as VAT, excise taxes;
• sales tax and other taxes that apply to revenue;
• amounts that debtors transferred to you to repay loans and credits;
• prepayment amounts, advances;
• deposits and pledges;
• amounts collected under intermediary agreements to other individuals and companies.

Costs include:

• expenses for ordinary activities;
• operating expenses;
• non-operating costs.

Expenses do not include:

• acquisition and creation of fixed assets;
• acquisition of intangible assets and other non-current assets;
• contributions to the capital of other organizations;
• purchasing shares and other securities that are not intended to be resold in current transactions;
• transfers of funds under intermediary agreements;
• repayment of loans and borrowings;
• advance payment, advances issued, deposits towards payment.

Statement of financial results (FRS) is a form included in the financial reporting block of any commercial company. This document and the principles of its preparation will be discussed in our publication.

Financial results report: form features

Being a very significant reporting form, the FRF provides users with truthful information about the financial position of the company, the results of work for the period under review, allowing them to develop the most promising business strategy or make other necessary economic decisions. A report is generated, like other forms of accounting, in particular, a balance sheet, for the calendar year.

Filling out the financial results report is carried out on the basis of the rules dictated by the regulatory documents governing its preparation - Regulations on accounting, approved. by order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34n, PBU 4/99, law dated December 6, 2011 No. 402-FZ “On Accounting”.

The information is entered into the form according to OKUD 0710002, approved by Order of the Ministry of Finance dated 04/06/2015 No. 57n. It records all the data on the company’s income and expenses, displays the results of the year’s work, and provides the opportunity to conduct an initial comparative analysis for each line of the report, since along with the current year’s data, the form reflects information for the previous year.

The legislator allows companies to add the necessary lines if required, for example, by the specifics of production, but they cannot exclude existing ones from the form. The report is filled out in Russian, the units of measurement are thousands of rubles. no decimal places, but large companies with large turnover are allowed to operate in units of millions of rubles.

Negative or subtracted row values ​​in the OFR are placed in parentheses for ease of calculation. The basis for filling out the financial results report is the information accumulated in the balance sheet for the accounting accounts.

Income Statement: Breakdown of Lines

Generate OFR lines:

• 2110, which indicates the amount of revenue from the sale of inventory items/services/work related to core activities. Line 2110 of the financial results report is equal to the credit turnover (Kr/vol) account. 90/1, reduced by debit turnover (D/v) of accounts 90/3 and 90/4 (VAT and excise taxes);
• 2120, which records (in parentheses) the total costs accompanying the production of goods and materials/services in ordinary activities. Line 2120 of the financial results report is equal to D/v according to the account. 90/2 (minus the amounts corresponding to accounts 44 and 26);
• 2100 informs about the amount of gross profit received. Line 2100 of the income statement = line 2110 – line 2120;
• 2210, where commercial costs are accumulated, i.e. those associated with the sales process. Line 2210 of the financial results statement is defined as D/v by account. 90/2 from credit account. 44;

• line 2220 of the financial results report accumulates management costs and corresponds to D/v according to the account. 90/2, corresponding to the account. 26;
• 2200 of the financial results report records the result of sales, calculated arithmetically: line 2220 = line 2100 - line 2210 - line 2220;

• 2310, where the total of other income is recorded if the company took part in the management capital of other companies or received dividends distributed in its favor. The value of line 2310 corresponds to the amount of Kr/v per account. 91/1, reflected in the analysis of income from participation in the management company of third-party companies;
• Line 2320 records the amount of income from interest on assets provided for use, or upon receipt of a discount on securities. Line 2320 of the financial results report is equal to Kr/v according to the account. 91/1 on analytical information about interest received;
• Line 2330 of the income statement reflects other expenses, which includes interest paid for the year on all loans and discounts. The indicator in it corresponds to D/v according to the account. 91/2 within the framework of analytics on interest paid;
• 2340 reflects other income not included in the listed lines. The value of line 2340 of the financial results statement is found using the formula:

Page 2340 = Kr/v 91/1 – line 2310 – line 2320 – D/v 91/2 with account 68 (VAT, excise taxes);

• 2350, which contains information about other costs not listed above. Line 2350 of the income statement is calculated as follows:

line 2350 = D/rev 91/2 – line 2330;

• 2300 “Profit before tax” is formed in the report by summing up to the data in line 2200 all other income received (lines 2310, 2320, 2340), reduced by the amount of other expenses incurred (lines 2330, 2350)

You can check the correctness of the calculation using the formula: line 2300 = line 2200 + D/v account. 91 in correspondence with account. 99 – Kr/v account. 91, corresponding to the account. 99;

• Line 2410 of the income statement is equal to the amount of declared tax in line 180 of the income tax return. If the company pays another tax while working on the simplified tax system, then line 2410 is crossed out and the tax amount is entered in line 2460;

• Firms applying PBU 18/02 show in line 2421 the amount of the balance of permanent tax assets/liabilities accumulated for the year:

Page 2421 = D/account balance. 99/PNA – Kr/balance on account 99/PNA

A positive result is indicated in parentheses, a negative result without them;

• Line 2430 of the income statement reflects the change in deferred tax liabilities and is calculated as the difference between Kr/v and D/v according to the account. 77. The resulting positive result is written in parentheses, the negative result – without them;
• Line 2450 of the income statement records the change in deferred tax assets and is calculated as the difference between D/rev and Cr/rev according to the account. 09. A positive result is written in parentheses, a negative result – without parentheses;
• Line 2460 reflects other information about indicators not listed above, but having an impact on the profit margin. For example, the differences before the reformation of the balance between the turnover on the account. 99, taxes of enterprises operating on UTII and simplified tax system;
• Line 2400 of the income statement reports the company's profit. The value for the line is calculated by reducing the value for line 2300 by the amount of tax (line 2410) and adjusting for the lines reflecting PNO/PNA and ONO/ONA. The line indicator 2400 should be equal to the turnover according to the account. 99 in correspondence with account. 84;

• Line 2510 is filled in only if production assets were revalued. The value in the line determines the amount of increase in additional capital (Kr/v on account 83 – D/v on account 83);
• Line 2500 determines the amount of net profit (line 2400), adjusted for the results of the revaluation of property (line 2510) and for the result of other operations not included in net profit/loss (line 2520).

The reference information on basic earnings per share (pages 2900 and 2910) is filled out only by the joint stock company.

Having understood the theory of filling out the ODF, let’s move on to drawing up the document using an example.