See also
ˇ Show More
The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
You have visited 10 password protected pages for free. Others contain data covered by 
.
Sign Up Now to get full access to whole website and cut out all advertisements.
Target Corp., Consolidated Income Statement
USD $ in millions
| 12 months ended | Jan 29, 2011 | Jan 30, 2010 | Jan 31, 2009 | Feb 2, 2008 | Feb 3, 2007 | Jan 28, 2006 | |
|---|---|---|---|---|---|---|---|
 |
Sales | |
|
|
|
|
|
|
Credit card revenues | |
|
|
|
|
|
|
Revenues | |
|
|
|
|
|
|
Cost of sales | |
|
|
|
|
|
|
Credit card expenses | |
|
|
|
|
|
|
Gross profit | |
|
|
|
|
|
|
Selling, general and administrative expenses | |
|
|
|
|
|
|
Depreciation and amortization | |
|
|
|
|
|
|
Earnings before interest expense and income taxes | |
|
|
|
|
|
|
Nonrecourse debt collateralized by credit card receivables | |
|
|
|
|
|
|
Other interest expense | |
|
|
|
|
|
|
Interest expense | |
|
|
|
|
|
|
Interest income | |
|
|
|
|
|
|
Net interest expense | |
|
|
|
|
|
|
Earnings before income taxes | |
|
|
|
|
|
|
Provision for income taxes | |
|
|
|
|
|
|
Net earnings | |
|
|
|
|
|
| Item | Description | The company |
|---|---|---|
| Revenues | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Target Corp.'s revenues increased from 2009 to 2010 and from 2010 to 2011. |
| Earnings before interest expense and income taxes | The net result for the period of deducting operating expenses from operating revenues. | Target Corp.'s earnings before interest expense and income taxes increased from 2009 to 2010 and from 2010 to 2011. |
| Earnings before income taxes | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Target Corp.'s earnings before income taxes increased from 2009 to 2010 and from 2010 to 2011. |
| Net earnings | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Target Corp.'s net earnings increased from 2009 to 2010 and from 2010 to 2011. |
February 8, 2012