Net Income

The excess of all revenues (including other revenues, income tax refunds and extraordinary gains) from whatever source, over all expenses (including other expenses, income taxes, and extraordinary losses) incurred in a specific accounting period, including those adjustments (to approximate the accrual basis of accounting) for changes to accounts receivable, inventories, prepaid expenses, raised breeding livestock, accounts payable, accrued liabilities, deferred income taxes, and other accrual amounts not otherwise already recognized and recorded. (II-2, 10-11, 18-19, 29-34, 36-38; III-2; IV-5)

Authorization Path: 2.2.5.2.43.1