Format of multi-step profit and loss Account

C.Y P.Y
Gross Sales
Less: excise duty
Net Sales
- COGS (materials !oods consumed or purc"ased#
manufacturin! expenses and stoc$ ad%ustment&
Gross Profit GP
Gross Profit GP
-'mployee (emuneration ) ot"er t"an factory
-administrati*e# sellin! and ot"er expenses
+ ot"er income (operatin!&
Profit Before Depreciation Interest and Tax - PBDIT
Profit Before Depreciation Interest and Tax - PBDIT
-,epreciation
-Amortisation
--mpairment
Operating Profit PBIT
Operating Profit PBIT
--nterest Finance C"ar!es
+Ot"er -ncome (.on-Operatin!&
Profit Before Tax & Extra Ordinary Items - PBTEOT
Profit Before Tax & Extra Ordinary Items - PBTEOT
+/ - extra ordinary items
Profit Before Tax for te year PBT-!
+/ - Prior year ad%ustments
Profit Before Tax
Profit Before Tax
Pro"ision for tax#
Current income tax
+/ - deferred income tax lia0ility
+ frin!e 0enefit tax
+/ - tax ad%ustments for pre*ious year
Total Income Tax
Profit $fter Tax NP%P$T