Free UAE profit & loss template
A ready-to-use income statement for UAE businesses — revenue, cost of sales, and expenses flowing down to gross, operating, and net profit, with comparative columns.
What the template includes
A complete income statement, structured from revenue to net profit.
Revenue
Sales and other operating income for the period, with room for multiple revenue lines.
Cost of sales
Direct costs of what you sold, leading to a clear gross profit subtotal.
Operating expenses
Rent, salaries, marketing, and other overheads — grouped so you can read them at a glance.
Profit subtotals
Gross profit, operating profit, and net profit calculated automatically down the statement.
Comparative columns
Current period next to the prior period, the standard IFRS presentation.
AED formatting
Clean AED formatting, margins, and subtotals throughout, ready to present.
How to use it
From your records to a clear P&L in four steps.
Set the period
A P&L covers a period, not a moment — set your start and end dates at the top.
Enter revenue & costs
Fill in sales, cost of sales, and operating expenses from your records.
Read the profit lines
Gross, operating, and net profit calculate automatically as you enter figures.
Compare & share
Compare against the prior period, then export to PDF for your bank, board, or accountant.
Reading your profit and loss
The profit and loss statement — the income statement under IFRS — tells you whether your business made money over a period. It starts with revenue, subtracts cost of sales to give gross profit, then subtracts operating expenses to give operating and finally net profit.
Those subtotals are where the insight lives: gross profit shows how profitable your core product or service is before overheads, while net profit shows what actually reaches the bottom line. The net profit figure then flows into retained earnings on your balance sheet.
This template does the arithmetic for you and puts the current period next to the prior one. When re-keying every period gets old, software generates it straight from your ledger.
P&L template questions
What is a profit and loss statement?
A profit and loss (P&L) statement — also called an income statement — summarises a business's revenue, costs, and expenses over a period, showing whether it made a profit or a loss. It runs from revenue down through cost of sales to gross profit, then through operating expenses to net profit.
What is the difference between a P&L and a balance sheet?
A P&L covers performance over a period (for example a month, quarter, or year) and shows profit or loss. A balance sheet is a snapshot at a single date showing assets, liabilities, and equity. The two connect: the net profit from the P&L flows into retained earnings on the balance sheet.
What are gross profit and net profit?
Gross profit is revenue minus the direct cost of sales — what's left before overheads. Net profit is what remains after all operating expenses (and any tax and finance costs) are deducted. This template calculates both, along with operating profit in between.
Is this P&L template free?
Yes, it is free to download and use. When you want it to update itself, AIMuhaseb generates an IFRS profit and loss statement in real time from your double-entry ledger, so every posted transaction is reflected instantly.
Related
IFRS financial statements
How the full set of statements fits together.
Balance sheet template
Where your net profit lands as retained earnings.
A P&L that updates with every transaction
AIMuhaseb produces an IFRS profit and loss statement in real time from your ledger — no re-keying each period.
Get started with AIMuhaseb
Tell us about your business and we'll show you how AIMuhaseb produces an IFRS profit and loss statement in real time from your ledger — no re-keying each period.