Income Statement

Revenue
(CGS) ​
= Gross Profit​
(SG&A Exp)
(Depreciation Exp) ​
= Operating Profit(=EBIT)​
(Non-Operating items(ex. Int Exp))​
= Income from C/O Before tax​
(Tax Expense) ​
= Income from C/O​
(Discontinued operations)​
= Net Income