Profit before tax
The result before corporate income tax is charged.
Profit before tax combines the operating result with financial and other income and costs. It is the starting point for the tax charge.
The difference between this line and net profit is the income tax. Serbia's rate is 15%, though the actual charge depends on the tax return, which differs from the accounting result because of disallowed costs and tax incentives.
APR's open data does not carry this line; it appears in the full income statement.
Where this figure comes from
Not in APR's open data; found in the full financial statement.
Related terms