Income and expense statements definition

Income and expense statements means profit and loss statements and rent rolls.
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Examples of Income and expense statements in a sentence

  • Required Information Documents that are helpful to better estimate value under the Income Approach include the following: o Income/Expense statements o Personal Financial Statements of Owner (if applicable) o Rent Roll o Lease Agreements o Other (service agreements) Income and expense statements.

  • Income and expense statements of past years are valuable only to the extent which they serve this end.The statements must not only be complete and accurate, but must also stand the test of market validity.

  • Project construction is not expected to adversely affect juvenile salmonids, as the Project would be conducted during the established in-water work season approved by WDFW, the Corps, NMFS, and USFWS (requested to be the period between July 16 and February 28; with pile driving occurring only between October 1 and February 28).

  • The Vendor will provide the City with financial reports, prepared using generally accepted accounting principles (GAAP), on a monthly basis, including but not limited to: Income and expense statements (with variances), cash receipts, balances due and cash disbursements.

  • Income and expense statements show that the Applicant has been operating at a loss, for both 2020 and 2021.

  • Income and expense statements for the Project for the two (2) most recent full calendar years prior to the Closing (or the period of time the Project has been in existence, if less than three (3) years) and, to the extent available, the current year, all of which shall be certified by the Chief Financial Officer of Seller, as having been prepared from the books and records of the Project in accordance with generally accepted accounting principles (except to the extent prepared on a cash or tax basis).

  • Income and expense statements, balance sheets, and percentage of units that are owner occupied also change with enough frequency to warrant their collection more often than once a quarter.

  • New York State Youth Services Consultants - Kristi Dougherty attended a virtual meeting on February 26th with other New York State Youth Services Consultants to discuss summer reading.

  • Income and expense statements for the Project for the period ending December 31, 2003, and monthly reports for periods thereafter, in each case prepared from the books and records of the Project; and the operating budget for the Project for the 2004 calendar year.

Related to Income and expense statements

  • Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.

  • Audited Statements means the Consolidated balance sheets of the Borrower as at December 31, 2001, and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, accompanied by the opinion thereon of the Borrower's independent public accountants.

  • Cash Flow Statement means, with respect to any particular Bonds and Auxiliary Obligations, an Authority Certificate (a) setting forth, for the then current and each future Bond Year during which such Bonds and Auxiliary Obligations will be Outstanding, and taking into account (i) any such Bonds expected to be issued or redeemed or purchased for cancellation in each such Bond Year upon or in connection with the filing of such Certificate (for which purpose, if such Authority Certificate is delivered as of a date prior to a scheduled mandatory tender date for any Adjustable Rate Bonds, the Purchase Price of all such Adjustable Rate Bonds subject to scheduled mandatory tender on such tender date shall be assumed to be due and payable on such mandatory tender date), (ii) any such Auxiliary Obligations expected to be incurred upon or in connection with the filing of such Certificate, (iii) the interest rate (if applicable), purchase price, discount points and other terms of any Related Mortgage Loans, and (iv) the application, withdrawal or transfer of any moneys expected to be applied, withdrawn or transferred upon or in connection with the filing of such Certificate:

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • audited when used in regard to financial statements shall mean an examination of the financial statements by a firm of independent certified public accountants in accordance with generally accepted auditing standards for the purpose of expressing an opinion thereon.

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Closing Statements has the meaning set forth in Section 3.3(b).

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Pre-Contractual Statement means a draft agreement, undertaking, representation, warranty, promise, assurance or arrangement of any nature whatsoever, whether or not in writing, relating to this Agreement made or given by a Party to this Agreement or any other person at any time prior to the date of this Agreement.

  • Annual Statement means the annual statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation, which statement shall be in the form required by such Insurance Subsidiary’s jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing annual statutory financial statements and shall contain the type of information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Tax Statement shall have the meaning set forth in Section 27.1 hereof.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Operating Statement shall have the meaning set forth in Section 27.1 hereof.

  • Reconciliation means coordination of premium tax credit with advance payments of premium tax credit (APTC), as described in Section 36B(f) of IRC (26 USC § 36B(f)) and 26 CFR Section 1.36B-4(a) (July 26, 2017), hereby incorporated by reference.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Current Financial Statements has the meaning given to such term in Section 5.9.

  • Accounting Statement means for each financial year, the following statements, namely-

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • cost accountant means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act;

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Reconciliation Period is each calendar month.

  • Target Financial Statements has the meaning set forth in Section 3.4.