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BlackRock New Energy Investment Trust (LSE:BRNS) Net Income : £23.35 Mil (TTM As of Oct. 2013)


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What is BlackRock New Energy Investment Trust 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. BlackRock New Energy Investment Trust's Net Income for the six months ended in Oct. 2013 was £8.07 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2013 was £23.35 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. BlackRock New Energy Investment Trust's Earnings per Share (Diluted) for the six months ended in Oct. 2013 was £0.03.


BlackRock New Energy Investment Trust Net Income Historical Data

The historical data trend for BlackRock New Energy Investment Trust'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.

BlackRock New Energy Investment Trust Net Income Chart

BlackRock New Energy Investment Trust Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.25 -3.91 -23.64 -4.41 23.35

BlackRock New Energy Investment Trust Semi-Annual Data
Apr04 Oct04 Apr05 Oct05 Apr06 Oct06 Apr07 Oct07 Apr08 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.00 -1.81 -2.60 15.28 8.07

BlackRock New Energy Investment Trust 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

BlackRock New Energy Investment Trust's Net Income for the fiscal year that ended in Oct. 2013 is calculated as

Net Income(A: Oct. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=23.592+-0.246+0+0
=23.35

BlackRock New Energy Investment Trust's Net Income for the quarter that ended in Oct. 2013 is calculated as

Net Income(Q: Oct. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-6.645+-0.166+0+14.882
=8.07

Net Income for the trailing twelve months (TTM) ended in Oct. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was £23.35 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.


BlackRock New Energy Investment Trust  (LSE:BRNS) 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:

BlackRock New Energy Investment Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 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.


BlackRock New Energy Investment Trust Net Income Related Terms

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BlackRock New Energy Investment Trust (LSE:BRNS) Business Description

Traded in Other Exchanges
N/A
Address
BlackRock New Energy Investment Trust PLC is an investment trust. Its objective is to generate long term capital growth for its shareholders by investing globally in companies which have a significant focus on alternative energy or energy technology. In seeking to achieve this objective, the company invests globally in companies that have a significant involvement in renewable energy, Developers, Renewable EnergyTechnology, Energy Efficiency, Alternative Fuels and Enabling Energy & Infrastructure.

BlackRock New Energy Investment Trust (LSE:BRNS) Headlines

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