Interim Income Statement as defined in Section 4.5(b).
Interim Income Statement has the meaning specified in Section 3.6.
Interim Income Statement means unaudited statements of income of the Company for the month then-ended and for the Company’s fiscal year-to-date.
Examples of Interim Income Statement in a sentence
The Group has revised the presentation of its Condensed Consolidated Interim Income Statement in accordance with IAS 1.
However, the fact that the functional currency of the Company’s subsidiaries differs, results in the generation of foreign exchange gains and losses that are included in the Consolidated Condensed Interim Income Statement under “Other financial income (expenses), net”.
Government grants have been recognised in the Consolidated Interim Income Statement, under the category Other income – government grants.
The 2018 Balance Sheet and the Unaudited 2019 Interim Balance Sheet fairly present in all material respects the financial condition of the Partnership as of the respective dates they were prepared and the 2018 Income Statement and the Unaudited 2019 Interim Income Statement fairly present in all material respects the results of the operations of the Partnership for the periods indicated therein.
Previously, the Condensed Consolidated Interim Income Statement provided a classification of expenses based on its function within the Company.
More Definitions of Interim Income Statement
Interim Income Statement has the meaning set forth in Section 6.09. “Interim Income Statement Date” has the meaning set forth in Section 6.09. “Interim Financial Statements” has the meaning set forth in Section 6.09.
Interim Income Statement and together with the Interim Balance Sheet, the “Interim Financial Statements”) (all of the above financial statements collectively referred to as the “Seller’s Financial Statements”). The Seller Audited Financial Statements have been prepared in accordance with generally accepted accounting principles consistently applied. All the Seller’s Financial Statements are true and correct in all material respects and fairly and accurately present the assets, liabilities (including all reserves) and financial position of the Seller as of the dates thereof and the results of operations, shareholders’ equity (deficit) and changes in cash flows of the Seller for the periods then ended, except that the un-audited Interim Financial Statements do not contain footnotes or comparisons to the financial results of prior periods and are subject to normal year-end adjustments. The Seller’s Financial Statements are in accordance with the books and records of Seller. The books and records of the Company are stated in reasonable detail and accurately reflect in all material respects all information relating to the Business, the nature, acquisition, disposition, maintenance, location and collection of its assets and properties, and the nature of all transactions giving rise to its obligations, including accounts payable, and rights, including accounts receivable. There were no changes in the method of application of the Seller’s accounting policies or changes in the method of applying the Seller’s use of estimates in the preparation of the un-audited Interim Financial Statements.
Interim Income Statement and, with the Annual Income Statement, the “Income Statements”). The Income Statements shall be (a) in accordance with the books and records of Seller, (b) present fairly in all material respects the results of operations of the Property for the periods therein specified, (c) prepared in accordance with modified U.S. generally accepted accounting principles consistent with Seller’s practices, and (d) otherwise acceptable to Buyer in its reasonable discretion. Upon request from Buyer, Seller shall also provide to Buyer, any schedules or supporting documentation that Buyer may reasonably request that relate to the transactions included or to be included in the Income Statements. Upon request from Buyer, Seller agrees to cooperate with Buyer, and provide all assistance and access to the books and records of Seller, as required for the audit of the Annual Income Statement, to be completed no later than the 70th day following the Closing, unless Buyer extends such deadline in its sole discretion (provided such extension shall not be greater than 180 days from Closing). The audit of the Annual Income Statement shall be at Buyer’s expense and shall be conducted by an independent accounting firm registered with the Public Company Accounting Oversight Board retained by Buyer. Upon request from Buyer, Seller shall provide the items listed in Exhibit H attached hereto and incorporated herein, to the extent in Seller’s possession or control. The covenants and obligations of Seller under this Section 6(c)(3) shall survive the Closing.
Interim Income Statement has the meaning set forth in Section 4.9(b).
Interim Income Statement means the income statement of the Seller for the twelve (12) month period ended July 31, 1998 to be prepared by the Buyer following the Closing pursuant to Section 2.4(a) of this Agreement and as set forth in this Agreement. The Interim Income Statement shall be prepared in accordance with generally accepted accounting principles as consistently applied by the Seller, except that: (A) the Interim Income Statement shall be prepared using only those accounting practices, policies and procedures set forth on Exhibit 9 attached to this Agreement; (B) where no specific practice, policy or procedure described on Exhibit 9 applies to any particular issue or circumstance arising in connection with the preparation of the Interim Income Statement, then generally accepted accounting principles will be applied in a manner consistent with the preparation of the income statement included in the 1998 Financial Statements; and (C) the Interim Income Statement need reflect only those items necessary for a presentation of the amount of Seller's earnings before interest, taxes, foreign currency transactions, product liability contingencies, depreciation and amortization for the period covered by the Interim Income Statement (the "Interim Period EBITDA").
Interim Income Statement means an income statement for the Business audited with an unqualified opinion by Arthur Andersen & Co. for the nine months ending September 30, 1996 xxxx (x) xxxxxx presents the results of operations of the Business for such period on a basis consistent with the presentation in the 1996 Projections, (y) includes line items substantially consistent with those used in the preparation of the 1996 Projections and (z) is prepared in accordance with the accounting policies and procedures described in the 1995 Audit and the procedures set forth in Schedule 3.7.
Interim Income Statement are herein referred to as the "Determination Date Financial Statements"). The Determination Date Financial Statements shall be delivered to CFB as soon as they are prepared so that CFB and its accountants may review and confirm their accuracy. For purposes of this Agreement, the "FNB Value" shall be be equal to the total consolidated assets of FNB minus the total consolidated liabilities of FNB, as reflected on the Determination Date Balance Sheet, prepared in accordance with this Section 1.4. Total consolidated liabilities of FNB shall include, without limitation, provisions for taxes and the expenses of preparation of final tax returns of FNB. Notwithstanding anything to the contrary above, total consolidated assets of FNB shall include the value of any net operating loss carryforwards of FNB as of the Closing Date, to the extent of any net financial benefit realized by the Surviving Corporation and not otherwise reflected in FNB Value.