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With one-time items like the $29.7 billion write-down excluded, operating income was down 69percentto to $235 million in the quarter.
CDM Watch had based its analysis "on a narrow and simplistic approach drawing from selected parameters" that excluded operating conditions and technical capacity, according to a fact sheet issued by the bank's Carbon Finance Unit in early August.
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This is not the same thing as actual profitability because it excludes operating costs, but it does demonstrate that Postmates brings in more revenue than what it pays the couriers.
Referring to a deal announced on Friday to sell the Los Angeles Dodgers baseball franchise, he said that his company had more than recouped its investment excluding operating losses.
approximated to $0.02 m−3 for Type B catalyst, plus a depreciated capital cost of $0.01 m−3 (excluding operating costs, feed and product water storage costs, site cost, financing costs, insurance costs, profit, taxes, administration costs, etc).
We did not discover for another two weeks that TNL's operating profit excluded various operating costs that were later reported for other News UK divisions.
An exclusive right is present where other operators are excluded from operating the transport services in question.
Finally 888, which earlier in the week reported its highest ever quarterly revenues, was steady at 55.75p despite being one of ten online gaming businesses put on a draft list of companies which could be excluded from operating in Belgium.
When the bubble burst, Amazon was left with a huge loss that it naturally excluded from "operating earnings".
But the footnote in the results that lists the factors excluded by operating profits runs to seven lines, covering embarrassing things like compensation for mis-selling PPI and interest rate swaps, and fines for trying to fix Libor.
NOTE: Adjusted Operating Income and Adjusted Operating Income Margin are non-GAAP financial measures calculated by excluding from operating revenues and operating expenses significant items that are non-operational or non-recurring in nature.
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