Underlying profit after tax definition

Underlying profit after tax means profit for the period after tax adjusted for the post-tax effect of adjusting items. The Group presents underlying profit after tax because it excludes the effect of adjusting items which are not considered representative of the Group’s ongoing performance, (and the related tax on such items) on the Group’s profit or loss for a period.
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Underlying profit after tax means profit for the period after tax adjusted for the post-tax effect of non-recurring items. The Group presents underlying profit after tax because it excludes the effect of non-recurring items (and the related tax on such items) on the Group’s profit or loss for a period and forms the basis of its dividend policy.
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Examples of Underlying profit after tax in a sentence

  • Underlying profit after tax excludes the following exceptional items: For the year ended 31 March 202331 March 2022Profit after tax750755-Exceptional items (as above)-(60)- Tax on above exceptional items-(2)- Deferred tax asset recognition (1)(161)- (161)(62)Underlying profit after tax589693(1) During the year ended 31 March 2023, the Group has recognised new deferred tax assets in Airtel Kenya.

  • Underlying profit after tax is considered to be a key measure in understanding the Group’s ongoing financial performance.Additional InformationLoan PortfoliosWe provide a reconciliation between IFRS and cash measures.

  • The Cash Result is based on the Underlying profit after tax, adjusted for deferred tax and to reflect the level of regulatory solvency constraint on profits emerging from regulated companies, such as our insurance businesses, in line with that required by regulators.

  • Underlying profit after tax means here profit after tax adjusted for non-recurring items and unrealised gains and losses.

  • Underlying profit after tax increased by 24% and continuing underlying adjusted earnings per share (EPS) increased by 24% to 24.0 cents (underlying adjusted 2016: 19.4 cents).

  • As the partial budget analysis revealed that application of Ridomil Gold on Gudanie variety result the highest net benefits of Birr 244,462.50 and 235, 352.00 ha-1 with an acceptable marginal rate of returns (MRR) of 2549.00 and 2698%.

  • Underlying profit after tax excludes the following exceptional items: For the six months ended 30 September 2022 30 September 2021 Profit after tax330335-Exceptional items (as above)-(4)- Deferred tax asset recognition (1)(42)- (42)(4)Underlying profit after tax288331(1) During the six months ended 30 September 2022, the Group has recognised deferred tax assets in Airtel Kenya.

  • Underlying profit after tax attributable to equity holders of Perpetual Limited is disclosed as it is useful for investors to gain a better understanding of Perpetual's financial results from normal operating activities.

  • Underlying profit after tax for the twelve months to 30 June 2019 rose 36% to $13.3 million compared with $9.8 million.

  • Underlying profit after tax increased Underlying profit after tax for the Group for 2016 has risen 28.7% to £45.6 million from £35.4 million in 2015.