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Explanation: This explanation is taken from a German bank's presentation on profit analyis. There are various levels of DB and DB5 just happens to be the one after charging interest on borrowed funds, i.e. at the bottom of the profit and loss account. This is before charging tax. It could therefore be described as "profit before tax".
Edward Guyver Local time: 16:04 Native speaker of: English PRO pts in category: 11