Derby County have reported a loss of £7.9m for the 2016-17 season - a drop of almost £7m on a loss of £14.7m the previous year.
The club has issued its financial figures for the year from July 1, 2016, to June 30, 2017.
They show a record Championship turnover in a non-parachute-payment year of £29m, up £6.4m, but the wage bill is up again from £33.1m to £34.6m.
The wage bill covers all club staff in all areas of the business.
Derby again fell inside the Financial Fair Play (FFP) threshold. Championship clubs can lose up to £13m in a year or £39m over a three-year period.
Broadcast, ticketing and commercial revenue rose by a combined £3.2m - £2.3m of which was due to increased broadcasting revenue.
The financial statement says the average attendance at Pride Park Stadium for Championship matches last season was 27,885 and not the previously reported figure of 29,085.
Derby have around 22,500 season ticket holders and the average attendance this season is currently 26,810.
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The operational spend at the stadium and the training-ground spend was £4.2m for the year. Developments included new training pitches, LED perimeter pitch advertising at the stadium together with the club's new website and TV project.
Expenditure on infrastructure and development work at the stadium and at the training ground, as well as the Academy, is exempt from FFP.
Derby added Matej Vydra, Ikechi Anya and David Nugent in the two transfer windows (summer window of 2016 and January window of 2017) covered by the financial year. Vydra was signed from Watford in a club-record £8m deal.
The signings increased balance sheet intangible assets to £42.6m from £33.5m.
Sales of Jeff Hendrick, Lee Grant, Will Hughes and Tom Ince contributed to a profit on player registrations of £16.2m, a factor in the reduced losses.
Derby say there is no external debt and the club remains debt free.