1. Operating profit = EBIT
■ Income = Profit = Earning (Earning은 특별히 일반적으로 Net income을 말함)
ex) PBT = EBT
■ Gross Profit = Revenue - COGS (매출원가)
Gross Profit - Operating expense (R&D, SG&A) = EBITDA
EBITDA = Revenue - Total costs
■ Before/After - Tax, interest
■ Cash flow Before or Pre-?? cash flow
■ Operating - Fuel & O&M
Investing - Capex
Financing - Equity & Debt
2. EBIT x (1-t) = NOPAT
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