Earnings Before Tax (EBT) Template Strictly Confidential

Notes
This Excel model is for educational purposes only and should not be used for any other reason.
All content is Copyright material of CFI Education Inc.
https://corporatefinanceinstitute.com/

© 2019 CFI Education Inc.

All rights reserved. The contents of this publication, including but not limited to all written material, content layout, images, formulas, and code, are protected under international copyright and trademark laws.
No part of this publication may be modified, manipulated, reproduced, distributed, or transmitted in any form by any means, including photocopying, recording, or other electronic or mechanical methods,
© Corporate Finance Institute®. All rights reserved.
EBT Example

Income Statement 2012 2013 2014 2015

Reveneue 102,007 118,086 131,345 142,341
Cost of Goods Sold (COGS) 39,023 48,004 49,123 53,254
Gross Profit 62,984 70,082 82,222 89,087
Expenses
Salaries and Benefits 26,427 22,658 23,872 23,002
Rent and Overhead 10,963 10,125 10,087 11,020
Depreciation & Amortization 19,500 18,150 17,205 16,544
Interest 2,500 2,500 1,500 900
Total Expenses 59,390 53,433 52,664 51,466
Earnings Before Tax 3,594 16,649 29,558 37,622

This file is for educational purposes only. E&OE

Corporate Finance Institute®

https://corporatefinanceinstitute.com/
 2016
150,772
57,310
93,462

25,245
11,412
16,080
900
53,637
39,825