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Hi All,
New to these forums but you all seem like a helpful bunch so hopefully you can answer my question. Recently i've been asked to produce a reformulated income statement, however there's a surprising lack of content about doing this online to help me.
Where i'm struggling (and its pretty early on), is identifying the 'tax benefit from net financial expenses'. I've attached a copy of the Income Statement and relevant notes. If anyone can take a look and tell me how they would go about calculating it then i'd greatly appreciate it.
Thanks,
Steve
New to these forums but you all seem like a helpful bunch so hopefully you can answer my question. Recently i've been asked to produce a reformulated income statement, however there's a surprising lack of content about doing this online to help me.
Where i'm struggling (and its pretty early on), is identifying the 'tax benefit from net financial expenses'. I've attached a copy of the Income Statement and relevant notes. If anyone can take a look and tell me how they would go about calculating it then i'd greatly appreciate it.
Thanks,
Steve
