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Income Statement

Difficulty: Beginner

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.

Broadcom Inc., Consolidated Income Statement

USD $ in millions

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Based on: 10-K (filing date: 2017-12-21), 10-K (filing date: 2016-12-23), 10-K (filing date: 2015-12-17), 10-K (filing date: 2014-12-29), 10-K (filing date: 2013-12-20), 10-K (filing date: 2012-12-17).

Item Description The company
Net revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Broadcom Inc.'s net revenue increased from 2015 to 2016 and from 2016 to 2017.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Broadcom Inc.'s operating income (loss) declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Broadcom Inc.'s income (loss) from continuing operations before income taxes declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.
Net income (loss) attributable to ordinary shares The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Broadcom Inc.'s net income (loss) attributable to ordinary shares declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.