Sub-paragraph 2: The profit and loss account.

Income and expenses for the financial year are classified in the income statement in such a way as to show, by difference, items of ordinary income and extraordinary income and expenses, the realisation of which is not related to the ordinary running of the business.

The income statement, the model for which is established by a regulation of the Autorité des normes comptables, shows successively, in addition to changes in inventories: 1° Under expenses: operating expenses, financial expenses, exceptional expenses as well as employee profit sharing and income tax; 2° Under income: operating income, financial income and exceptional income; 3° Profit for the year.

The profit and loss account for the financial year, presented in the form of a list in accordance with the provisions of the second paragraph of article L. 123-13 is also used to show operating profit, net financial income, profit on ordinary activities before tax and exceptional items.