Income Statement. The Income Statement Summary contains both actual and budgeted income and actual and budgeted expense information at the major account levels for both the current month and year-to-date.
Income Statement. IDEC Genentech Total
Income Statement. The term "Income Statement" shall have the meaning specified in Section 3.6(a)(ii).
Income Statement. (Round off to the nearest $5,000)
Income Statement. The unaudited statements of income of the Company for the twelve months ended December 31, 1996 and for the four months ended April 30, 1997 set forth on Schedule B hereof presents fairly the revenues and expenses of the Company for such periods having been properly extracted from the books and records of the Company; provided that it is understood that a good faith allocation of revenues and expenses has been made by the Company between the Company and ABSI.
Income Statement. The Income Statement Summary contains both actual and budgeted income and actual and budgeted expense information at the major account levels for both the current month and year-to-date. Bank Statement & Account Reconciliation: The current month’s operating bank statement and account reconciliation for the operating accounts must be included in the monthly reporting package. Bank statements will end on the 20th of each month. Each bank account must have its own reconciliation. Fixed Asset Additions: Detail of fixed asset additions from the prior month will be reviewed for tax purposes. Profit & Loss Statements: PNL statement actual vs. budget detail should be compared on a monthly and year-to-date basis.
Income Statement. Gross Sales Less: Sales Returns and Allowances = Net Sales Less: Cost of Sales = Gross Profits Less: Marketing Costs Less: Sales Costs Less: Ongoing Development Expenses Less: Other Out-of-Pocket Costs = Contribution Less: Distribution Costs = Collaboration Product Profit (Loss) *Certain information on this page has been omitted and filed separately with the commission. Confidential treatment has been requested with respect to the omitted portions. Separately reported will also be: Other Development Costs Development Expenses Cost of Clinical Supplies Ongoing Development Expense It is the intention of the Parties that the interpretation of these definitions will be in accordance with U.S. GAAP consistently applied consistent with a Party’s report in its financial statements filed in accordance with the Securities Exchange Act of 1934, as amended.
Income Statement. An income statement which provides both actual and budgeted results for the prior month and year-to-date, which statement identifies Gross Receipts and Expenses for the immediately preceding month, each broken out for each type of utilization of the Property such as commercial, office, residential and parking (if applicable).
Income Statement. Attached hereto as Schedule 2.8 is a true and complete copy of Seller’s internally prepared estimated Income Statement of the Business for the year ended December 31, 2005 under the caption, “MV Carve-Out Financials” dated December 31, 2005 (the “Income Statement”). The Income Statement and all information included therewith were prepared in good faith by Seller, are true and correct in all material respects and, taken as a whole, fairly present the estimated results of operations of the Business for the year ended December 31, 2005. The cost allocation assumptions associated with the Income Statement are based on the reasonable good faith estimates and applications of U.S. GAAP and carve out rules, as reflected in the Income Statement (including footnotes) of Seller. The audited financial statements required by Section 4.4 of this Agreement shall report the same gross margin (labeled in Schedule 2.8 as “Total Contribution Margin after Pro Forma Adjustments” and referred to herein as “Gross Margin") for the period ended December 31, 2005 as set forth in the Income Statement.
Income Statement. (Round off to the nearest $5,000)
(1)) MUST COMPLETE THIS SECTION.
