au.investing.com/equities/commonwealth-bank-of-australia-income-statement Investing.com Search the website. Sign Insights Premium Crypto Charts News Analysis Technicals Markets ♥ Brokers Tools Stocks Stock Screener Australia World ADRS Australia ADRS Americas Europe Middle East Asia/Pacific Period Ending: 31/12 31/12 90/0E 90/08 Net Interest Income 9371 9317 9350 9868 17073 Interest Income, Bank 12786 14277 15946 Total Interest Expense 3415 9699 649 096V L808 Loan Loss Provision 882 6981 Net Interest Income After Loan Loss Provision 8489 7448 8362 TOL8 Non-Interest Income, Bank 2565 2182 2764 3079 0609- 5351 Non-Interest Expense, Bank -5538 -5251 Net Income Before Taxes 5387 4092 6214 Provision for Income Taxes 1610 1206 1762 09ST 3791 Net Income After Taxes 4452 LLLE Minority Interest 9- Equity In Affiliates U.S GAAP Adjustment Net Income Before Extraordinary Items 3777 2886 4452 3785 Total Extraordinary Items CFD-EOS C 587 00TT 4877 60LT Net Income 3473 6161 3972 CFD Trac Please r International Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items 2886 4452 3785 LLLE Dilution Adjustment 146 144. 9ST Soos 1930 Diluted Net Income 3619 6305 4128 Diluted Weighted Average Shares 1888 006T Diluted EPS Excluding Extraordinary Items 2.02 2.43 DPS - Common Stock Primary Issue 1.5 0.98 2.31 Stocks 2. Diluted Normalized EPS 2.43 60 Apple In Millions of AUD (except for per share items) CBA Com

Q: Various Income Taxes: Should all types of income be taxed at the same rate? First, relate the…

A: Taxable Income: It is a part of a person's gross income that should be taxed. It is also referred to…

Q: cases would affect the current assets portion of the balance sheet

A: First option is wrong because when Current Tax Expense > Tax Payments, there is a current…

Q: On January 1 of its first month of business, Bags Bunny, Inc., paid S500,000 for four months of rent…

A: Solution As per the accrual basis of accounting the expenses that have been incurred in the current…

Q: Explain the difference between net income and comprehensive income and howwe report components of…

A: Financial statement: Financial statement is a record of all the financial activities of the…

Q: Deductions from gross income are subtracted from gross income to derive taxable net income. TRUE OR…

A: Gross income is the aggregate total income that is received by a taxpayer that is not tax-exempt…

Q: Annual Report 2015 INCOME STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 Group Company…

A: income statement is the financial statement of profit and loss during a particular period.

Q: what are the two components of income tax expense

A: PLEASE LIKE THE ANSWER  Firstly, income tax expense means an amount of tax expense incurred on the…

Q: Discuss how the provision for income taxes is computed and reflected in interim financial…

A: Interim financial statements are abbreviated financial reports that are prepared and issued at…

Q: The following taxable income data is available for ACME Incorporated: Year Taxable Income Tax Rate…

A: Income statement- The Income Statement is one of a company’s heart fiscal statements that…

Q: Cash Short-term investments Accounts receivable, net Supplies Prepaid expenses Long-term notes…

A: Income Statement is a financial statement that includes revenue earned and expenses incurred during…

Q: Which of the following cases would affect the noncurrent liabilities portion of the balance sheet?…

A: When Taxable income is greater than the accounting income then deferred tax liability should be…

Q: Additional disclosures are required pertaining to the income tax expense reported in the income…

A: The company must disclose all additional information regarding the income tax expenses reported in…

Q: What is the taxable base for federal income taxes? a. Gross income b. Net worth c. Total assets d.…

A: Taxable base is the amount on which income taxes are calculated by applying the applicable rate.

Q: What is the name of the amount of money that can bededucted directly from the computed tax, instead…

A: Tax or Taxes: Tax is an amount paid by the persons (individuals and business entities) to a…

Q: How/where is a revenue increase shown on a pro forma income statement?

A: Pro forma income statement is the budgeted or estimated income statement which shows all estimated…

Q: Deferred tax liability

A: Correct Answer is :- C Deferred tax Liability.

Q: What is the net income from the following incor

A: Net Sales = Sales - Sales return = 12800 - 360 = 12440

Q: EXHIBIT 2 | American Greetings Income Statement (USD millions; Fiscal year ends February of…

A: Given question, The American Greetings Income statement (USD millions) Year wise 2008 2009 2010…

Q: Billy is a 16-year old dependent on his parents' tax return. Billy has the following income. He has…

A: Introduction The taxable income of a child is calculated by bifurcating his earned income and…

Q: Which of the following accounts would not be involved in preparing the income statement? Group of…

A: Profit and loss : Amount earned or lost on the sale of one or more items is referred to as the…

Q: Where can I find after tax interest income on a balance sheet or income statement(trying to find…

A: Components of income statement: The income statement is part of the financial statement of the firm.…

Q: factor in determining a stock's price, and it is important for people who are considering investin–…

A: Net income or income after tax is the performance measurement criteria of the entity. Higher net…

Q: Preparing an income statement - Excel FILE HOME PAGE LAYOUT FORMULAS REVIEW Sign in INSERT DATA VIEW…

A: Income Statement: An income statement is a financial statement that details the income and expenses…

Q: what items are included in an income summary repor?

A: An income summary account is prepared at the end of accounting period to which all the incomes and…

Q: Describe the presentation of deferred income taxes in financial statements.

A: Deferred tax asset: The deferred tax asset is the excess, overpaid, or paid in advance expenses.…

Q: Explain Pre-tax earnings or pre-tax income

A: The net income is the net profit of the company earned during the period. The net income includes…

Q: Identify additional issues in accounting for income taxes.

A:

Q: True or false: Income tax expense may be disclosed either on the income statement or in the notes to…

A: The total amount of taxes owed to a taxation authority by an individual, corporation, or other…

Q: What is meant by the terms elements and items as theyrelate to the income statement? Why might items…

A:

Q: If a functional expense classification is used for the statement of comprehensive income, what must…

A: Expenses: Expenses means money spent for getting revenue to the entity. It involves cost of…

Deferred Tax

Deferred tax is an estimated future tax which is made while preparing accounts. It is estimated as a result of past and present transactions in the financial statements. It is not the actual tax which needs to be paid or refundable from the revenue authority, it is an accounting entry. It exists because of the difference between accounting profits and taxable profits.