Topics
Concept
Label
Sales and other operating income
en-NZ
Description
The transfer of ownership of and title to goods or services from one person or entity to another for a price.
The following are included:
- •sales of goods (whether manufactured, processed, or traded)
- •sales of services (including repair services)
- •manufacturing, processing, and management fees
- •rental and leasing income
- •royalties and patent fees.
While these are excluded: •interest, dividends, donations, bad debts, and insurance claims •excise duty, government grants, and subsidies •extraordinary items (eg exchange rate gains, gains on sales of fixed assets).
en-NZ