HomeDefinitionsCompareDebt Income statement (statement of operations)The financial definition for Income statement (statement of operations):A statement showing the revenues, expenses, and income (the difference between revenues and expenses) of a corporation over some period of time. Similar MatchesDiscontinued operationsDiscontinued operationsDivisions of a business that have been sold or written off and that no longer are maintained by the business. Funds From Operations (FFO)Funds From Operations (FFO)Used by real estate and other investment trusts to define the cash flow from trust operations; earnings with depreciation and amortization added back. A similar term increasingly used is funds available for distribution (FAD), which is FFO less capital investments in trust property and the amortization of mortgages. Operations departmentOperations departmentSee: Back office. Click to compare definitions of Income statement (statement of operations) Click to view definitions beginning in |