Definition: Income from ordinary activities
Income from ordinary activities is the sum of income resulting from ordinary operating and financial activities. It is the sum of income from the sales of goods and services (turnover), operating subsidies, investment income, interests and similar financial income. Sales of fixed assets are excluded.
It can be calculated directly from the following accounting headings:
+ Other operating income
+ Income from participating interests
+ Income from other investments and loans forming a part of the fixed assets
+ Other interests receivable and similar income
= Income from ordinary activities