Worldscope Database Datatype Definitions Guide

Premiums Earned
Issue 6
Alphabetical List of Field Definitions - P
Income Data, Annual Item; Field 01002
Insurance Companies:
PREMIUMS EARNED represents the portion of total premiums written needed to cover all expenses and
benefits.
It includes but is not restricted to:
Total premiums written (field 01004)
Reinsurance & adjustment reserves (field 01005)
Footnotes:
A. Gross premiums
Prepaid Expenses
Asset Data, Annual Item; Field 02140
All Industries:
PREPAID EXPENSES represent payments made in advance for services to be received within the
normal operating cycle of the company.
Data for this field is generally not available prior to 1989.
It includes but is not restricted to:
Prepaid insurance expenses
Prepaid property taxes
Prepaid rent
Prepaid income taxes
Prepaid supplies
Prepaid employee benefits
Advance Corporation Tax recoverable within 1 year (United Kingdom)
Pre-tax Equity In Earnings
Income Data, Annual Item; Field 01267
All Industries:
PRE-TAX EQUITY IN EARNINGS represents the pre-tax portion of the earnings or losses of a subsidiary
whose financial accounts are not consolidated with the controlling company's accounts. This field is
available only when a company reports their equity in earnings pre-tax and the net of tax amount is not
reported or cannot be calculated.
Data for this field is generally not available prior to 1991.
It includes but is not restricted to:
Profit sharing agreements (Germany)
Pre-tax Income
Income Data, Annual Item; Field 01401
All Industries:
PRE-TAX INCOME represents all income/loss before any federal, state or local taxes. Extraordinary
items reported net of taxes are excluded.
For U.S. corporations, equity in earnings of unconsolidated subsidiaries and minority interest are not
included, unless the company specifically states that they are pre-tax. For non-U.S. corporations, this
item is usually reported before taxes.
Footnotes:
A. Net of income taxes
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