attributable profit

As a result, attributable profits are trimmed to £1.33m.

Net attributable profit rose 21 percent, to 1.99 billion euros, for the first nine months of 2001, below the 30 percent gain predicted by analysts.

But £11.4m of provisions on commercial mortgages and property development loans, taken below the line, reduced attributable profits to £3.95m against £16.6m last time.

Disclose the accounting policies that have been applied to stocks and long-term contracts, in particular the method of ascertaining turnover and attributable profit.

After writing back £122 million of restructuring costs taken to reserves and several other adjustments, Midland chipped in only £184 million to attributable profits of £1.22 billion.

Work in progress relating to long term contracts is to be stated at cost plus attributable profit earned to date less provisions for anticipated losses and progress payments received.

The Australian mining company, BHP Billiton, said yesterday that its attributable profit increased 2.9 percent to $1.9 billion in the year through June.

Net attributable profit fell to 2.1 billion euros ($1.89 billion) from 2.5 billion the year before, with fourth-quarter net profit almost halved, to 515.8 million euros.

But earnings per share almost trebled to 5 pence from 1.7 pence due to a doubling of attributable profit from GTI, and substantially improved results from the other wholly-owned companies.

Where the outcome of each long-term contract can be assessed with reasonable certainty before its conclusion the attributable profit is recognised in the profit and loss account as the difference between the reported turnover and related costs for that contract.