The Profit & Loss report shows project profit from revenue through to post-tax return.
The P&L is not affected by cashflow timing. It records project revenue and costs as totals, not by when cash is received or paid.
Profit Summary
Profit for Distribution: Project Profit (Post-Funding, Post-Tax). The opening balance for the Equity Distribution report
Project Profit (Pre-Funding): Total Revenue less Total Development Costs
Est. Project Income Tax: estimated at the Income Tax Rate set in Financial Settings
Project Profit (Post-Funding, Pre-Tax): Total Revenue less Total Project Costs, before income tax
Project Returns
Margin on Revenue (Post-Funding): Project Profit (Post-Funding, Pre-Tax) divided by Total Revenue
Margin on Cost (Post-Funding): Project Profit (Post-Funding, Pre-Tax) divided by Total Project Costs
Profit per Lot: Project Profit (Post-Funding, Pre-Tax) divided by total lots
Profit per m²: Project Profit (Post-Funding, Pre-Tax) divided by total saleable m²
Debt Cost Ratio: Total Funding Costs divided by Total Revenue
Report Structure
Revenue: Sales Revenue, less Sales Costs (Settlement), plus the Margin Scheme GST benefit where applied. Rolls up to Net Sales Revenue. Net Other Income is added to reach Total Revenue.
Development Costs: Land and Acquisition Costs, Professional Fees, Construction Costs, Construction Contingency, Infrastructure & Authority Fees, Land Holding Costs and Marketing Costs. Rolls up to Total Development Costs.
Funding Costs: funding fees and funding interest. Rolls up to Total Funding Costs.
Project Profit (Post-Funding, Post-Tax) is the closing figure and the opening balance carried into Equity Distribution.
Income tax estimates are indicative only. Seek professional advice for the project's tax position.
