Table 2 Port companies’ income statement and balance sheet format used in the analysis
From: COVID-19 and the financial resilience of Finland’s seaports
Income statement | Balance sheet | |
|---|---|---|
Turnover | Assets | |
+Other income | Fixed assets | |
−Materials & services | Current assets | |
−Salaries & personnel | Liabilities | |
−Depreciations | Equity | |
−Other expenses | Debt | Long-term debt |
= Operating margin | Short-term debt | |
+ financing gains & dividends | ||
−Interest payments & financing expenses | ||
= Profit before taxes | ||
−Taxes | ||
= Profit (after taxes) | ||