Is it on the league table, in wins and defeats, or is it on the balance sheet, in profit and loss?

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But the true measure of our prosperity is more than just a running tally of every balance sheet and quarterly profit report.

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In this respect, when the original deed was made in 1986, amended in 1993 and replaced in 1997, two fundamental legal and accounting principles applied: that a profit and loss account was concerned with ordinary activities before taxation, and that only profits realised at the balance sheet date could lawfully be included in the profit and loss account.

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This strength reflects solid pre-September labor market conditions, profit growth, the strong aggregate household balance sheet, and all-cylinder foreign growth.

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Valdiserri nets out his half of the costs and the rest is a profit margin three times what it gets for raw steel sheet.

FORBES: Man of steel