And we were to add back the taxes and the interest.

Minus 500,000.

And you could guess what the next line is going to be, given that this says pre tax.

So you take the interest out.

The company's profit amounted to 250 million before tax.

I did in that last video it might be interesting to say, is that the pre tax or the post tax return on asset.

And now we are left with our we're getting close to where we need to get to pre tax income.

But just so you know what EBlT is, EBlT is just Earnings

It's dependent on how the operations were financed.

In this example that I did in the previous video, it was the pre tax return on asset.

His salary is 250 thousand yen per month.

His salary is 250,000 yen per month.

They have no interest expense, because that's not the point of this video.

The company announced a profit of 200 million after tax.

applause

I gotta turn you over to them now.

A 10 tax will be withheld from the payment to you.

In Japan, the payroll tax is usually withheld from the monthly salary.

If you're referring to customs, yes.

You just have to carry the lines over.

All the parts of the document in red are not intelligible.

But the point of this is, even though their business is ultra stable, they do the exact same thing every year, when we look at the pre tax or the operating income, or if we tax it, or even at the net income, we see a super lumpy business, because in one year they lost 100,000.

The IRS and the SEC and I don't know who else were investigating him for fraud.

Now,pull up the inner mucosal layer.

Proponents of increased import duties are at odds with each other.

Will the government raise the consumption tax soon?

Consumption tax is the just tax system for globalization.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

So this is just the same thing as net income plus interest plus taxes.

The ruling party pushed its tax bill through.

You're a real jerk, you know that?

We'll tear your soul apart.

I made a deal. Your life in exchange for Scylla.

And this I can tell you about where President Obama would take America

No, it's taxexclusive

You need to draw them away.

Now, isn't that something to be proud of? I'd like to turn you over alive.

actually I have to pay a little bit more than that, but we're getting a little bit of income tax savings on the deduction on the property taxes.

larger this number is going to be.

PUMA has 2.7 billion dollars of turnover, 300 million dollars of profits, 200 million dollars after tax, 94 million dollars of externalities, cost to business.

Well, say good night to your soul, son.

the money originated from the YTBC Bank of...

and make you live there.

Once you subtract that out, then you actually have your pre tax income, and if we assume that we have to pay taxes, this is how much we pay in taxes, and this is actually the net income that goes to the owners of the company.

Taxes consist of direct taxes and indirect ones.