But does excluding cash make sense?
但不计现金是否有道理呢？
Copy whole line excluding the DN.
复制除DN之外的整行内容。
But excluding the first day of trading, the Numbers tell a different story.
但如果我们剔除上市首日交易的涨幅，这一数字就向我们透露了另一种情况。
There were fifteen present excluding myself.
除我以外，有十五人出席。
Everyone passed the final exam, excluding Tom.
除了汤姆，每人都通过了考试。
Almost done, excluding some detail in shipping.
几乎定下来了，除了一些运输上的细节。
All the members of the club, excluding me, are men.
俱乐部的成员除我之外，全是男性。
The article has six chapters excluding the conclusion.
除结论外，全文共分六章。
The shop opens seven days a week excluding Christmas day.
本商店每周七天营业，圣诞节除外。
Present planning, subject to change; excluding finance cost.
现时的计划，或按情况改变；不包括财务成本。
There were 30 people in the hotel, excluding the hotel workers.
旅馆里有三十个人，不包括旅馆工作人员。
How much do you spend on a travel (excluding transportation cost)?
减去交通费，你会用多少钱在旅程上？
National statutory holiday, rest day excluding annual vacation leave.
国家法定休假日、休息日不计入年休假的假期。
Core prices, excluding food and energy, were up 2.2% from a year ago.
不包括食品和能源价格的核心价格较去年同期上升2.2%。
There were fifty people present, not counting (excluding) the children.
出席者达五十人，儿童未计算在内。
There's no point in excluding people unless they know they've been excluded.
除非人们知道自己被排除在外了，否则排他性又有什么意义呢？
Text area: Area occupied by text on a page, excluding running head and folio .
正文版度：不计书眉和页码，正文在书页上所占的面积。
Their assets under management, excluding foreign exchange reserves, total $18.24tn.
他们管理的资产，不包括外汇储备，总计18.24万亿美元。
Among the elite (excluding film stars), the nuclear family is holding up quite well.
在精英人群中(除了电影明星)，核心家庭保持得非常好。
Excluding the base, she is 160 feet tall.
不包括底座，她高160英尺。
Excluding food, the inflation rate is only 0.9%.
除食物以外，通货膨胀率仅为0.9%。
Excluding food and energy, core inflation is 1.8%.
除食品和能源外，核心通胀指数为1.8%。
Excluding food and energy, prices were up 0.1 percent.
不包含食品和能源的价格水平提升0.1个百分点。
Excluding water, half of the body's weight is protein.
除水之外，体重的一半是蛋白质。
Excluding water, half of the body 's weight is protein.
除去水，蛋白质占了体重的一半。
Excluding vitamins, does your child take any medication on a regular basis?
除了维他命以外，你的孩子定期吃药？
Excluding capital gains, top earners saw their share of national income rise even in 2008.
除去资本收益，最高收入者甚至早在2008年的时候就已经看到他们的收入占整个国家收入的比重增加了。
Excluding capital gains, top earners saw their share of national income rise even in 2008.
除去资本收益，最高收入者甚至早在2008年的时候就已经看到他们的收入占整个国家收入的比重增加了。
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