The adjusted annual surplus is an economic key figure that only calculates one-off special effects from the annual surplus and thus from a company's balance sheet analysis. In this way, annual financial statements from different accounting periods can be compared with one another.
Definition / explanation
An adjusted annual surplus is an operational key figure that can be used to exclude special effects from a company's balance sheet analysis. The adjusted net income is therefore a form of earnings or profit adjustment.
To calculate the adjusted net income, the extraordinary expenses are added to the net income and the extraordinary income is subtracted. The notional taxes on the extraordinary expenses are then deducted from this amount and the notional taxes on the extraordinary income are deducted.
+ extraordinary expenses
- extraordinary income
- notional taxes on extraordinary expenses
+ fictitious taxes on extraordinary income
= adjusted net income