Estimating Income statement parameters

This chapter tells you how you can forecast i.e. change parameters in Income statement for estimate years. Notice that every parameter in the model includes a tooltip, which may tell you the same thing as this document.

Income Statement Parameters

Net sales	Can be forecasted with: 1. Net sales growth % (dominating) 2. Direct input figure Have a closer look at Net sales (e.g. how to use division and quarter levels).
Costs	The difference between Net sales and EBITDA (you cannot change costs directly).
EBITDA	EBIT plus Depreciation (you cannot change EBITDA directly)
Total depreciation	Notice that you can also input Total depreciation directly. Then the change is allocated to Normal depreciation.
Normal depreciation	Can be forecasted with: 1. Depreciation / Fixed assets % 2. Direct input figure
Goodwill amortization	Direct input figure.
EBIT	Can be forecasted with: 1. EBIT % (dominating) 2. Direct input figure Have a closer look to EBIT (e.g. how to use division and quarter levels)
Net financial items	Notice that you can also input Net financial items directly. Then the change is allocated either to Interest expenses (negative change) or to Financial items (positive change).
Interest expenses	Can be forecasted with: 1. % of Long-term and current interest bearing liabilities 2. Direct input figure
Other financial expenses	Direct input figure.
Exchange rate differences	Direct input figure.
Financial income	Can be forecasted with: 1. % of Interest bearing financial assets (average yearly assets) 2. Direct input figure
Associated companies' profit/loss	Direct input figure.
Pre-tax profit	Output figure that is calculated by the model only.
Taxes on continuing operations	Can be forecasted with: 1. Tax rate % 2. Direct input figure
Minorities	Direct input figure.
Net earnings	Output figure that is calculated by the model only.
Extraordinaries (after tax)
Other	Direct input figure.
Profit for the period	Output figure that is calculated by the model only.