Equity accounting is a method of reporting a company's profits from the operations of an affiliated company that it has an interest in but does not own outright.

Industrial & Medical Gases Nigeria Plc reported a profit before tax of N1.42 billion for the year ended December 2025, ...

ABC Transport Plc reported a pretax profit of N1.4 billion for the 2025 financial year, more than double the N634.7 million ...

Lagos, Nigeria | 1 February 2026- Oando PLC (‘Oando’ or the ‘Group’), Nigeria’s leading indigenous energy group listed on both the Nigerian Exchange Ltd. and Johannesburg Stock Exchange, today ...

FCMB Group Plc recorded a solid increase in customer deposits in 2025, reflecting a stronger balance sheet and rising customer confidence, alongside a sharp improvement in earnings during the year.

Unlike Wall Street, Berkshire Hathaway's Warren Buffett pays more attention to a company's balance sheet over a 10-year period, instead of its income statements, as it is harder to play games or hide ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

What Is an Income Statement? An income statement, sometimes called a profit and loss statement or P&L, shows how much money a company made and spent during a specific period, usually a quarter or a ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

Prudential Financial is a US-based global insurance company that offers life insurance, annuities, investment management, retirement plan services, and other financial products and services.