Income Before Extraordinary Items Less Minority and Preferred Dvd is a way to calculate how much income a company has available for its common shareholders before accounting for any extraordinary items. Extraordinary items are gains or losses that are infrequent and unusual, such as natural disasters, asset sales, or legal settlements. Minority interest is the share of income or loss that belongs to minority shareholders who own less than 50% of a subsidiary company. Preferred dividends are the payments that a company makes to its preferred shareholders who have priority over common shareholders in receiving dividends. The formula for Income Before Extraordinary Items Less Minority and Preferred Dvd is:
Income Before Extraordinary Items Less Minority and Preferred Dvd = Income Before Extraordinary Items - Minority Interest - Preferred Dividends
Where:
- Income Before Extraordinary Items is IS020,
is_inc_bef_xo_item
- Minority Interest is IS025,
is_min_noncontrol_interest_credits
- Preferred Dividends is IS027,
is_tot_cash_pfd_dvd