frs 3 strgl and historical cost profit/losses

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Can anyone tell me which profit figure you use for these notes<BR><BR>Is it profit after tax for strgl<BR>and profit after interest for historical cost p/l<BR><BR>thanks<BR>

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    frs 3 strgl and historical cost profit/losses

    STRGL - profit brfore int (operating profit)<BR><BR>HCPL - Profit before tax<BR><BR>I think!!!!<BR><BR><BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    frs 3 strgl and historical cost profit/losses

    The STRGL profit figure is profit after tax but before dividends.<BR><BR>The HCPL figure is profit before tax.

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