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Personnel expenses income statement. Notes to the Consolidated Financial Statements of the Covestro Group Notes to the Income Statement Notes to the Income Statement 6. Validate or refuse with just one click. Most but not all expenses are deductible from a companys income revenues to arrive at its taxable income.

Companies incur administrative expenses to perform basic operations increase efficiency or comply with laws and regulations. 10 Personnel expenses. An income statement is a financial statement that reports a entitys financial performance over a specific accounting period.

9 Other operating expenses. Selling general administration etc are part of the expenses reported on the companys income statement. Personnel expenses fell by CHF 161 million compared with the previous year to CHF 4424 million.

Sales Notes to the Income Statement 7. With Odoo Expenses youll always have a clear overview of your teams expenses. Different business models and industries require different operating expenses.

Similarly depreciation of warehouse and depreciation of admin building will be presented as depreciation expenses. 7 Depreciation amortization impairments and write-ups. The interest cost on provisions for employee benefits see note 33 Employee Benefits.

Thereof for pension benefits. Other Operating Income Notes to the Income Statement 8. For most businesses these costs should be between is 60 to 80 of gross revenue.

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