Income Statement Analysis Report Sample

For example in the income statement shown below we have the total dollar amounts and the percentages which make up the vertical analysis.

Income statement analysis report sample. 2001 2000 and 1999. Detailed income statement mmas sample customer mmassample prepared. This income statement analysis lesson retains a sample income statement oldie but goodie from microsoft and it works because it covers all the bases and poses an understandable example. 17 58 9 22 2005 detailed income statement amounts printed in.

As you see in the above example we do a thorough analysis of the income statement by seeing each line item as a proportion of revenue sales revenue sales revenue is the income received by a company from its sales of goods or the provision of services. These topics will show you the connection between financial statements and offer a sample balance sheet and income statement for small business. The income statement also known as the profit and loss p l statement is the financial statement that depicts the revenues expenses and net income generated by an organization over a specific. The income statement can either be prepared in report format or account format.

The income statement below is from microsoft s 2001 annual report and it shows the full fiscal year income statement figures for three years. Comparative income statement format combines several income statements as columns in a single statement which helps the reader in analyzing trends and measure the performance over different. Quick analysis financial reports the collection of reports included in this document is based on the sample client data that has been transferred from csa for the facs01 sample client with facs02 and facs03 set up as. The balance sheet and the income statement are two of the three major financial statements that small businesses prepare to report on their financial performance along with the cash flow statement.

It helps the reader of such a statement to compare the results over the different periods for better understanding and also for detailed analysis of variation of line wise items of income statement. A sample income statement. Expenses cash outflows or other using up of assets or incurrence of liabilities during a period from delivering or producing goods rendering services or carrying out other activities constitute the entity s ongoing major operations. Expenses are listed on a company s income statement.