diff --git a/README.md b/README.md
index 19388c9..d29f824 100644
--- a/README.md
+++ b/README.md
@@ -14,7 +14,8 @@ action can be one of the following:
   mwst3 
   mwst4    
 - new_year : writes current account balance values to STDOUT (to be used for
-             new transaction file for next year)
+             new transaction file for next year), profit will be added to
+             the PROFIT_ACCOUNT (2970)
 
 <accounts file> is a text file with the following format (example line):
 
diff --git a/bookkeeper.go b/bookkeeper.go
index 75f4411..ba63caa 100644
--- a/bookkeeper.go
+++ b/bookkeeper.go
@@ -60,6 +60,7 @@ var profit float64 = 0.0
 const reportTitle = "Jahresrechnung - nbit Informatik GmbH"
 const journalTitle = "Journal - nbit Informatik GmbH"
 const MWST_ACCOUNT = "2201"
+const PROFIT_ACCOUNT = "2970"
 const defaultFontSize = 12
 const smallFontSize = 8
 const marginTop = 10
@@ -704,6 +705,7 @@ func outputJournal() {
 
 func outputNewYear() {
 	var active_accounts []string
+	var amountString string
 	for k := range account_balance {
 		active_accounts = append(active_accounts, k)
 	}
@@ -711,10 +713,14 @@ func outputNewYear() {
 	for _, myaccount := range active_accounts {
 		// only Assets or Liabilities
 		at := accountType(myaccount)
-		amountString := fmt.Sprintf("%.2f", account_balance[myaccount].balance_end+avoidMinusZero)
+		if myaccount == PROFIT_ACCOUNT {
+			amountString = fmt.Sprintf("%.2f", account_balance[myaccount].balance_end+avoidMinusZero-profit)
+		} else {
+			amountString = fmt.Sprintf("%.2f", account_balance[myaccount].balance_end+avoidMinusZero)
+		}
 		if at == "A" || at == "L" {
 			if amountString != "0.00" {
-				fmt.Printf("%s: %.2f\n", myaccount, account_balance[myaccount].balance_end)
+				fmt.Printf("%s: %s\n", myaccount, amountString)
 			}
 		}