Consolidated Operating Profit means the consolidated operating profit on ordinary activities before tax and interest and before taking account of depreciation and amortisation of goodwill and regulatory assets (for the avoidance of doubt, exceptional items, as reflected in the Relevant Accounts shall not be included) of National Grid and its subsidiaries (including any share of operating profit of associates and joint ventures) determined in accordance with International Financial Reporting Standards (“IFRS”) by reference to the Relevant Accounts;

Consolidated Operating Profit means, for any period, the Operating Profit of the Company and its Consolidated Subsidiaries, all of the foregoing as determined and computed on a Consolidated basis in accordance with GAAP.

Consolidated Operating Profit means, for any period, for any Person and its Subsidiaries on a consolidated basis, the operating income of such Person and its Subsidiaries for such period, as determined in accordance with GAAP.

Examples of Consolidated Operating Profit in a sentence

Permit the ratio of (i) Consolidated Operating Profit on the last day of any fiscal quarter for the four fiscal quarter period then ended to (ii) Consolidated Interest Expense for such four consecutive fiscal quarters, to be less than 3.50:1.00.
The Consolidated Operating Profit (i.e. Earnings before Interest, Tax, Depreciation and Amortization) for FY 2021-22 is` 1,53,447.36 lakhs as compared to ` 1,42,172.32 lakhs in FY 2020-21.
Nissan Financial Data Consolidated Operating Profit Margin Figure X.
The Consolidated Operating Profit (i.e. Earnings before Interest, Tax, Depreciation and Amortization) for FY 2020-21 is` 1,41,786.79 lakhs as compared to ` 1,32,718.37 lakhs in FY 2019-20.
The Net Profit after tax for the year stood at` 99.56 Crores against ` 183.32 Crores reported in the Previous Year.The Consolidated Gross Revenue (Including GST and Intragroup transactions) from operations for financial year 2019-20 was ` 968.44 Crores (Previous Year:` 1,010.05 Crores), The Consolidated Operating Profit before tax stood (for continued operations) at` 255.54 Crores (Previous Year: ` 310.54 Crores).

More Definitions of Consolidated Operating Profit

Consolidated Operating Profit means, for any period, revenue less the sum of (A) direct costs, and (b) selling and administrative expenses on a consolidated income statement of the Borrower and its Consolidated Subsidiaries for such period, all as determined in accordance with GAAP.

Consolidated Operating Profit for any fiscal period, Consolidated Net Income for such period excluding (a) extraordinary gains and losses arising from the sale of material assets and other extraordinary and/or non-recurring gains and losses, (b) charges, premiums and expenses associated with the discharge of Indebtedness, (c) charges relating to FAS 106, (d) license fees (and any write-offs thereof), (e) stock compensation expense, (f) deferred financing fees (and any write-offs thereof), (g) write-offs of goodwill, (h) foreign exchange gains and losses, (i) miscellaneous income and expenses and (j) miscellaneous gains and losses arising from the sale of assets plus, to the extent deducted in determining Consolidated Net Income, the excess of (i) the sum of (A) Consolidated Interest Expense, (B) any expenses for taxes, (C) depreciation and amortization expense and (D) minority interests in income of Subsidiaries over (ii) net equity earnings in Affiliates (excluding Subsidiaries). For purposes of calculating the ratio set forth in subsection 14.1(b), Consolidated Operating Profit for any fiscal period shall in any event include the Consolidated Operating Profit for such fiscal period of any entity acquired by the U.S. Borrower or any of its Subsidiaries during such period.

Consolidated Operating Profit is defined in the Warrant Agreements.

Consolidated Operating Profit means, for the period of time of any determination thereof, the amount of operating profit of the Borrower and its Subsidiaries as shown on the consolidated statement of income and expenses of the Borrower and its Subsidiaries on and as of such date, determined on a consolidated basis in accordance with Agreement Accounting Principles.

Consolidated Operating Profit means the consolidated operating profits on ordinary activities before tax and interest and before taking account of depreciation and amortisation of goodwill (for the avoidance of doubt, exceptional items shall not be included) of the Guarantor determined in accordance with United States generally accepted accounting principles ("U.S. GAAP") by reference to the Relevant Accounts;

Consolidated Operating Profit means, for any period, the Operating Profit of the Parent and its Consolidated Subsidiaries, all of the foregoing as determined and computed on a Consolidated basis in accordance with GAAP.

Consolidated Operating Profit has the meaning specified in Section 15.3;