rekstrarhluta

Rekstrarhluti is an Icelandic financial term used to refer to the part of a company that relates to its day-to-day operating activities. It describes the core business activities and is commonly invoked in financial reporting to separate operating activity from non-operating items such as financing, taxes, and one-off gains or losses.

In practice, rekstrarhluti encompasses revenues and costs that arise from ordinary operations. Typical components include rekstrartekjur (operating revenues), rekstrargjöld (operating expenses), and avskriptir (depreciation) on assets used in core activities. The result of these operating elements is usually the rekstrarhagnaður, or operating profit, which provides a view of the company’s performance from its main business rather than from investments or financial activities.

The concept is often used in income statements and in notes to annual reports to give readers a clearer picture of how the core business performs over a period. Rekstrarhluti is distinct from non-operating items such as investment income, interest expenses, foreign exchange gains or losses, and extraordinary items. While the term helps compare core performance across periods or peers, its exact use can vary between firms and reporting frameworks. Some sources may use rekstrarhluta in a broader sense or interchangeably with related phrases like rekstrarsvið (operating segment), depending on context and local accounting practices.