Operating Segments Sample Clauses

Operating Segments. The measurement of profit or loss currently used to evaluate the results of operations for the Company and its operating segments is earnings before interest, taxes, depreciation and amortization ("EBITDA"). The Company defines EBITDA as operating income (loss) plus depreciation and amortization, non-cash compensation charges and restructuring charges. EBITDA is not intended as an alternative measure of operating results or cash flow from operations (as determined in accordance with generally accepted accounting principles), CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) and the Company's measure of EBITDA may not be comparable to similarly titled measures of other companies. There are no significant revenues resulting from transactions between the Company's operating segments. The Company is presenting the financial results of CCAL as a reportable operating segment for periods subsequent to the purchase date (see Note 2). The financial results for the Company's operating segments are as follows: Corporate Crown Office Consolidated CCUSA CCAL CCUK Atlantic and Other Total Net revenues: Site rental and broadcast transmission $ 51,007 $ 2,325 $ 47,503 $ 16,339 $ -- $ 117,174 Network services and other................ 43,701 -- 6,488 7,226 -- 57,415 94,708 2,325 53,991 23,565 -- 174,589 Costs of operations (exclusive of depreciation and amortization).......... 47,140 General and 1,231 27,046 9,959 -- 85,376 administrative......... 11,914 1,504 1,154 2,066 1,558 18,196 Corporate development... -- -- 90 -- 2,132 2,222 35,654 (410) 25,701 11,540 (3,690) 68,795 82 -- 385 -- 341 808 32,726 2,001 22,109 8,443 317 65,596 2,846 (2,411) 3,207 3,097 (4,348) 2,391 689 114 39 94 9,281 10,217 EBITDA.................. Non-cash compensation charges................
Sample 1See All (5)
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Operating Segments. We manage our operations through three operating segments: Transportation, Facilities and Supply and Logistics. See “Revenue Recognition” in Note 2 for a summary of the types of products and services from which each segment derives its revenues. Our Chief Operating Decision Maker (“CODM”) (our Chief Executive Officer) evaluates segment performance based on measures including segment adjusted EBITDA (as defined below) and maintenance capital investment. The measure of segment adjusted EBITDA forms the basis of our internal financial reporting and is the primary performance measure used by our CODM in assessing performance and allocating resources among our operating segments. We define segment adjusted EBITDA as revenues and equity earnings in unconsolidated entities less (a) purchases and related costs, (b) field operating costs and (c) segment general and administrative expenses, plus our proportionate share of the depreciation and amortization expense and gains or losses on significant asset sales of unconsolidated entities, and further adjusted for certain selected items including (i) gains or losses on derivative instruments that are related to underlying activities in another period (or the reversal of such adjustments from a prior period), gains and losses on derivatives that are related to investing activities (such as the purchase of linefill) and inventory valuation adjustments, as applicable, (ii) long-term inventory costing adjustments, (iii) charges for obligations that are expected to be settled with the issuance of equity instruments, (iv) amounts related to deficiencies associated with minimum volume commitments, net of applicable amounts subsequently recognized into revenue and (v) other items that our CODM believes are integral to understanding our core segment operating performance. Segment adjusted EBITDA excludes depreciation and amortization. Maintenance capital consists of capital expenditures for the replacement and/or refurbishment of partially or fully depreciated assets in order to maintain the operating and/or earnings capacity of our existing assets. As an MLP, we make quarterly distributions of our “available cash” (as defined in our partnership agreement) to our unitholders. We look at each period’s earnings before non-cash depreciation and amortization as an important measure of segment performance. The exclusion of depreciation and amortization expense could be viewed as limiting the usefulness of segment adjusted EBITDA as ...
Sample 1
Operating Segments. Operating Segments is requires the presentation and disclosure of segment information based on the internal reports regularly reviewed by the company’s chief operating decision maker in order to assess each segment’s performance and to allocate resources to those segments.
Sample 1Sample 2
Operating Segments. Amendments to IAS 1 (2007) Presentation of Financial Statements: A Revised Presentation Amendment to IAS 23 Borrowing Costs Amendments to IAS 27 (2008) Consolidated and Separate Financial Statements Amendments to IAS 32 und IAS 1 Puttable Financial Instruments and Obligations Arising on Liquidation Amendments to IFRS 1 und IAS 27 Cost of an Investment in a Subsidiary, Jointly-Controlled Entity or Associate Amendment to IAS 39 Financial Instruments: Recognition and Measurement: Eligible Hedged Items Amendment to IAS 39 Reclassification of Financial Assets: Effective Date and Transition IFRIC 12 Service Concession Arrangements IFRIC 13 Customer Loyalty Programmes IFRIC 15 Agreements for the Construction of Real Estate IFRIC 16 Xxxxxx of a Net Investment in a Foreign Operation IFRIC 17 Distributions of Non-Cash Assets to Owners. The amendments made under the IASB’s Annual Improvement Project 2007 are similarly not required to be applied in 2008. The Management Board believes that the initial application of the above will have no material effect on the Company’s financial position, cash flows and liquidity or results of operations. Initial application of the revised IAS 1 will result in a modified presentation of, in particular, the income statement and statement of changes in equity. The annual financial statements are prepared in euros (EUR). All amounts are stated in thousands of euros (EUR’000) where not otherwise indicated. Amounts are rounded according to commercial practice. Additions or other calculations may contain rounding differences. The Company’s financial year is the calendar year. The annual financial statements have been prepared on the basis of the recognition of the assets and liabilities at amortized cost, except for derivative financial instruments, which are recognized at fair value at the reporting date. In the balance sheet, assets and liabilities are classified according to maturity. Assets and liabilities that are expected to be sold, used in the normal course of business or settled within twelve months are classified as current. Liabilities are treated as current if they are required to be settled within twelve months from the reporting date. The income statement is presented using the nature of expense method. Annex 1.5 / 2
Sample 1Sample 2
Operating Segments. (a) The Company’s operations shall be conducted through two distinct and separate operating segments: (i) the Class A Segment and (ii) the Class B Segment (each, individually, a “Segment” and, collectively, the “Segments”). As contemplated by Article 5 and elsewhere in this Agreement, and subject to Section 5.2, the Class A Segment shall be solely managed by the Class A Managing Member and the Class B Segment shall be solely managed by the Class B Managing Member. The business and activities of the Company that are applicable to both Segments, to neither Segment or to the Company as a whole shall be managed by both Managing Members, acting jointly, in accordance with Article 5 and elsewhere in this Agreement and are referred to herein as the “General Activities.” (b) Unless otherwise approved by each Managing Member, the Company shall not directly: (i) hold any assets or interests, other than its direct and indirect ownership interests in the Segment Subsidiaries, any assets and interests that may be distributed by the Segment Subsidiaries with the prior written consent of the Managing Members and any cash or cash equivalents; (ii) have any employees; (iii) conduct any business, other than business conducted through the Segments or incidental to its ownership interests in the Segment Subsidiaries and the management thereof; or (iv) incur any liabilities or obligations other than those related to its ownership interests in the Segment Subsidiaries. (c) Each Managing Member shall cause the Segment it manages to maintain books and records of accounts that reflect the assets, liabilities, revenues and expenses of or attributable to such Segment. (d) No Managing Member shall (i) permit any liability, cost or expense incurred or otherwise existing with respect to the Segment it manages to be guaranteed, supported, paid or discharged out of assets of or attributable to the other Segment or assets of the Company not attributable to that Segment or (ii) take, cause or permit any action with respect to any liability that would cause such liability to become a recourse liability within the meaning of Treasury Regulation Section 1.752-1(a)(1). If, notwithstanding the foregoing, the Company becomes liable in respect of any liability, cost or expense attributable to a Segment, the Managing Members shall cause such liability, cost or expense for which the Company is liable to be apportioned to such Segment and satisfied out of Available Cash of such Segment. Unless other...
Sample 1
Operating Segments. This standard, effective from January 1, 2009, supersedes IAS 14 Segment Reporting. IFRS 8 places particular emphasis on internal reports that are regularly reviewed by the entity’s chief operating decision maker, requiring entities to prepare segment reporting on the basis of the elements used by management to take operating decisions. The introduction of IFRS 8 has led to a change in the way in which the Group presents this information, superseding the previous way of reporting this by primary segment (geographically) and secondary segment (by business). This has been done in order to present the data relating to the main groups which provide telephony services in a combined manner, providing details of their geographical location (Italy, Greece, Algeria, Pakistan, Egypt, Tunisia, Bangladesh, the Central African Republic and the Democratic People’s Republic of North Korea), as compared to the Group companies (belonging to OTH) which provide other services connected with and linked to the telephony business.
Sample 1
Operating Segments. The Company's principal business is the manufacture of an extensive range of steel and wood office furniture products. Primary product lines include office furniture systems, seating, storage solutions, desk and casegoods, and interior architectural products. In addition, the Company also provides services and is engaged in non-furniture businesses, which include marine accessories and design, financial services and consulting services. The Company operates on a worldwide basis within three reportable segments, two of which are geographic furniture segments, and services and other businesses. In prior years, the Company has reported those two geographic furniture segments as being the U.S. and International/Canada combined. Due to the acquisition of the remaining 50% equity interest in Steelcase Strafor and the significant impact of this acquisition on the Company's consolidated financial statements, the Company has implemented a new reporting structure which focuses separately on North American and International furniture operations. North America includes the U.S., Canada and the Steelcase Design Partnership. International includes the rest of the world, with the major portion of the operations in Europe. Accordingly, prior year segment information presented below has been restated to reflect the new reporting structure. The Company evaluates performance and allocates resources based on operating income. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies included elsewhere herein. The following sets forth reportable segment data reconciled to the consolidated financial statements for the three years ended February 25, 2000, February 26, 1999 and February 27, 1998 (in millions): Office Furniture Services & --------------------------- Other 0000 Xxxxx Xxxxxxx International Businesses Eliminations Consolidated ---- ------------- ------------- ---------- ------------ ------------ --- --- Net sales............... $2,606.4 $721.5 $136.5 $(148.3) $3,316.1 Operating income........ 239.8 31.4 11.0 (10.4) 271.8 Total assets............ 1,678.2 679.2 680.2 -- 3,037.6 Capital expenditures.... 169.9 14.5 8.4 (4.0) 188.8 Depreciation & amortization........... 103.4 35.1 8.3 (5.0) 141.8 Office Furniture Services & --------------------------- Other 0000 Xxxxx Xxxxxxx International Businesses Eliminations Consolidated ---- ------------- ------------- ---------- ------------ ------------ ---...
Sample 1
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Related to Operating Segments

  • Projects There shall be a thirty (30) km free zone around the projects excluding the Metro Vancouver Area. For local residents, kilometers shall be paid from the boundary of the free zone around the project. Workers employed by any contractor within an identified free zone who resides outside of that same free zone will be paid according to the Kilometer Chart from the project to their residence less thirty

  • Phases Contractor acknowledges and agrees the Project will progress in phases, in accordance with the Project Schedule. Contractor shall prepare, for Owner Parties’ review and approval, a separate Construction Schedule, for each phase. Each phase shall commence upon Owner Parties’ issuance of a Notice to Proceed for such phase and shall achieve Substantial Completion by the milestone dates set forth in the Contract Documents, including the Construction Schedule.

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.

  • Safe Operations Notwithstanding any other provision of this Agreement, an NTO may take, or cause to be taken, such action with respect to the operation of its facilities as it deems necessary to maintain Safe Operations. To ensure Safe Operations, the local operating rules of the ITO(s) shall govern the connection and disconnection of generation with NTO transmission facilities. Safe Operations include the application and enforcement of rules, procedures and protocols that are intended to ensure the safety of personnel operating or performing work or tests on transmission facilities.

  • System Operations Each party, at its own expense, shall provide and maintain the equipment, software, services and testing necessary to transmit Data Communications to, and receive Data Communications from the parties’ respective Receipt Computers.

  • Budgets Borrower shall have delivered, and Lender shall have approved, the Annual Budget for the current Fiscal Year.

  • Operating Budgets (i) The Borrowers shall, not later than thirty (30) days before the Commercial Operation Date for any Plant, adopt an Operating Budget with respect to such Plant and an updated aggregate Operating Budget for the Project from such date to the conclusion of the calendar year immediately following the then-current calendar year and provide a copy of such operating plan and budget at such time to the Administrative Agent. (ii) No less than sixty (60) days in advance of the beginning of each calendar year with respect to each Plant that has achieved its Commercial Operation Date, the Borrowers shall similarly adopt an operating plan and a budget setting forth in reasonable detail the projected requirements for Operation and Maintenance Expenses and Maintenance Capital Expenses for the ensuing two (2) calendar years for each Plant that has achieved its Commercial Operation Date and an aggregate operating plan and budget for the Project and provide a copy of each such operating plan and budget at such time to the Administrative Agent. (Each such operating plan and budget is herein called an "Operating Budget"). (iii) Each Operating Budget shall include the same items and detail as provided in the Financial Model and be prepared in accordance with a form similar to the Madera Operating Budget delivered on the Closing Date (or a form otherwise approved by the Administrative Agent) and shall become effective upon approval of the Administrative Agent (acting in consultation with the Consultants if the Administrative Agent reasonably determines that such consultation is necessary or desirable). The Administrative Agent's approval of such updated Operating Budgets shall not be unreasonably withheld or delayed. (iv) If the Borrowers have not adopted an annual Operating Budget covering the applicable two-year period for each Plant that has achieved its Commercial Operation Date and for the Project before the beginning of any calendar year following the Madera Funding or any Operating Budget adopted by the Borrowers has not been accepted by the Administrative Agent before the beginning of any upcoming calendar year, the Operating Budget for each relevant Plant for the preceding calendar year shall, until the adoption of an annual Operating Budget by the Borrowers and acceptance of such Operating Budget by the Administrative Agent, be deemed to be in force and effective as the annual Operating Budget for such Plant for such upcoming calendar year; provided that if the initial Operating Budget for any Plant is not approved by the Administrative Agent, the Borrowers may use a budget for such Plant that is consistent with the Financial Model until an initial Operating Budget is approved, and the Borrowers shall work diligently to prepare an initial Operating Budget for each Plant that is acceptable to the Administrative Agent. (v) If either the actual Operation and Maintenance Expenses or Maintenance Capital Expenses for any Fiscal Quarter is in excess of the applicable Permitted Operating Budget Deviation Levels, the Borrowers may deliver to the Administrative Agent and the Consultants a proposed updated Operating Budget(s), which shall be subject to approval by the Administrative Agent. Such proposed updated Operating Budget(s) shall not become effective until approved by the Administrative Agent. (vi) Each Operating Budget delivered to the Administrative Agent pursuant to this Section 7.01(j) shall be accompanied by a memorandum addressing all material deviations from the Financial Model.

  • Contract Goals A. For purposes of this procurement, OGS conducted a comprehensive search and determined that the Contract does not offer sufficient opportunities to set goals for participation by MWBEs as subcontractors, service providers, or suppliers to Contractor. Contractor is, however, encouraged to make every good faith effort to promote and assist the participation of MWBEs on this Contract for the provision of services and materials. The directory of New York State Certified MWBEs can be viewed at: xxxxx://xx.xxxxxxxxxxxxxx.xxx/FrontEnd/VendorSearchPublic.asp?TN=ny&XID=2528. Additionally, following Contract execution, Contractor is encouraged to contact the Division of Minority and Women’s Business Development ((000) 000-0000; (000) 000-0000; or (000) 000-0000) to discuss additional methods of maximizing participation by MWBEs on the Contract. B. Good Faith Efforts Pursuant to 5 NYCRR § 142.8, evidence of good faith efforts shall include, but not be limited to, the following: 1. A list of the general circulation, trade, and MWBE-oriented publications and dates of publications in which the Contractor solicited the participation of certified MWBEs as subcontractors/suppliers, copies of such solicitations, and any responses thereto. 2. A list of the certified MWBEs appearing in the Empire State Development (“ESD”) MWBE directory that were solicited for this Contract. Provide proof of dates or copies of the solicitations and copies of the responses made by the certified MWBEs. Describe specific reasons that responding certified MWBEs were not selected. 3. Descriptions of the Contract documents/plans/specifications made available to certified MWBEs by the Contractor when soliciting their participation and steps taken to structure the scope of work for the purpose of subcontracting with, or obtaining supplies from, certified MWBEs. 4. A description of the negotiations between the Contractor and certified MWBEs for the purposes of complying with the MWBE goals of this Contract. 5. Dates of any pre-bid, pre-award, or other meetings attended by Contractor, if any, scheduled by OGS with certified MWBEs whom OGS determined were capable of fulfilling the MWBE goals set in the Contract. 6. Other information deemed relevant to the request.

  • Business Operations Company will provide all necessary equipment, personnel and other appurtenances necessary to conduct its operations. Company will conduct its business operations hereunder in a lawful, orderly and proper manner, considering the nature of such operation, so as not to unreasonably annoy, disturb, endanger or be offensive to others at or near the Premises or elsewhere on the Airport.

  • Portfolio Accounting Services (1) Maintain portfolio records on a trade date+1 basis using security trade information communicated from the Fund’s investment adviser. (2) For each valuation date, obtain prices from a pricing source approved by the board of trustees of the Trust (the “Board of Trustees”) and apply those prices to the portfolio positions. For those securities where market quotations are not readily available, the Board of Trustees shall approve, in good faith, procedures for determining the fair value for such securities. (3) Identify interest and dividend accrual balances as of each valuation date and calculate gross earnings on investments for each accounting period. (4) Determine gain/loss on security sales and identify them as short-term or long-term; account for periodic distributions of gains or losses to shareholders and maintain undistributed gain or loss balances as of each valuation date. (5) On a daily basis, reconcile cash of the Fund with the Fund’s custodian. (6) Transmit a copy of the portfolio valuation to the Fund’s investment adviser daily. (7) Review the impact of current day’s activity on a per share basis, and review changes in market value.

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