Sep 27, 2008 22:42
15 yrs ago
1 viewer *
Spanish term

BAITD

Spanish to English Bus/Financial Finance (general)
From a financial statement for a bottling company in Ecuador, the bottom line (after entries for sales, operating expenses, profit, etc.) reads: BAITDIndem/Ingresos Netos. "Ingresos Netos" is obviously net earnings, but what is the BAITIndem? The data is expressed as a percentage.
Proposed translations (English)
3 +1 EBIT after indemnities

Proposed translations

+1
4 hrs
Selected

EBIT after indemnities

BAIT - beneficio antes de interes y impuestos = EBIT - earnings before income and taxes

This is a long shot but EBIT after indemnities (maybe tax indemnities)
Peer comment(s):

agree Egmont
5 hrs
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4 KudoZ points awarded for this answer. Comment: "Yes, I believe that is it. Thanks!"
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