Mean operating revenue of enterprise (financial statistics)

Definition

Mean operating revenue refers to the total operating revenue of the observed units divided by the number of observed units. 'Operating revenue' refers to the revenue originating from operations inherent to a business. 'Revenue' refers to the gross inflow of economic benefits or service potential during the reporting period when those inflows result in an increase in equity, other than increases relating to contributions from owners.

Enterprise (financial statistics) refers to the organizational unit of a business that directs and controls the allocation of resources relating to its domestic operations, and for which consolidated financial and balance sheet accounts are maintained from which international transactions, an international investment position and a consolidated financial position for the unit can be derived. It corresponds to the institutional unit as defined for the System of National Accounts. For the purpose of financial statistics, enterprises classified under the North American Industry Classification System (NAICS) to Management of Companies and Enterprises (NAICS 55) are excluded to avoid double counting of assets. These enterprises are typically holding companies whose most significant assets are investments in affiliated enterprises. As well, enterprises classified under NAICS 526 (Funds and other financial vehicles) are excluded.

Measurements

  • Canadian dollar at current prices May 12, 2003 to current

Relation to previous version

  • Mean operating revenue of enterprise (financial statistics)

    This is the current version.

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