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Sparekassen Faaborg (OCSE:SPFA) Net Income : kr-232.8 Mil (TTM As of Jun. 2013)


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What is Sparekassen Faaborg Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Sparekassen Faaborg's Net Income for the three months ended in Jun. 2013 was kr2.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2013 was kr-232.8 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sparekassen Faaborg's Earnings per Share (Diluted) for the three months ended in Jun. 2013 was kr2.43.


Sparekassen Faaborg Net Income Historical Data

The historical data trend for Sparekassen Faaborg's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sparekassen Faaborg Net Income Chart

Sparekassen Faaborg Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Net Income
Get a 7-Day Free Trial 63.37 14.13 -75.85 10.57 -436.89

Sparekassen Faaborg Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -172.68 -6.03 -208.13 -21.29 2.60

Sparekassen Faaborg Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Sparekassen Faaborg's Net Income for the fiscal year that ended in Dec. 2012 is calculated as

Net Income(A: Dec. 2012 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-436.074+-0.811+0+0
=-436.9

Sparekassen Faaborg's Net Income for the quarter that ended in Jun. 2013 is calculated as

Net Income(Q: Jun. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.391+-0.792+0+0
=2.6

Net Income for the trailing twelve months (TTM) ended in Jun. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-232.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sparekassen Faaborg  (OCSE:SPFA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Sparekassen Faaborg's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2013 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sparekassen Faaborg Net Income Related Terms

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Sparekassen Faaborg (OCSE:SPFA) Business Description

Traded in Other Exchanges
N/A
Address
Sparekassen Faaborg is a regional bank. It provides traditional banking services like deposits, loans, guarantees, bonds, financial instruments & net-banking. It's portfolio of services also include construction financing, factoring, among others.

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