For calculation within income statement, wondering if depreciation and amortization should be included when calculating SGA Expense or Extraordinary Items or none of these categories (i.e. leave them out of both SGA and Extraordinary Items)? I realised that for some companies with high depreciation and amortization, inclusion into SGA tends to distort the outcome and inclusion into Extraordinary Items can inflate the Net Profit Attributable to Ord. Shareholders (Excl Extraordinary Items).
You should not remove the depreciation and amortisation as it is real expenses that have been incurred.
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