Net operating margin

This ratio measures the total return of sales, including the company policy regarding costs other than cash costs, on the basis of the following formula:

((9901 + 9125) / (70 + 74 - 740)) x 100

It should always be considered together with the gross operating sales margin.

For the following sectors:

BAT     Construction companies

GCV     Public works, road construction, water works

MAR     Shipbuilding

ENG     Consulting engin. and design bureaus

INS      Installation, other or more than one speciality

The net operating (sales) margin is calculated according to the following formula:

((9901 + 9125) / (70 + 71 + 74 – 740)) x 100.