Exceptional Items (income statement) | Alpha Quadrant by The Fifth Person

Questions › Category: Financials Quadrant › Exceptional Items (income statement)

Kevin asked 3 years ago

Hi Victor, For Qualcomm, their 2015 onwards income statement seems to have broken down the exceptional item into 2 parts - 1) investment & other income, and 2) interest expense, but it was lumped into one line - Investment Income before 2015. So I would consider item 1) and 2) are both exceptional items, is my understanding correct?

1 Answers

0 Vote Up Vote Down

Victor Chng Staff answered 3 years ago

Hi Kevin, I will categorise investment & other income as exceptional items. Interest expense is related to debt, which is used in the operating business.

Kevin replied 3 years ago

Thanks Victor! :)

Victor Chng Staff replied 3 years ago

Welcome Kevin :)