Italian GAAP definition

Italian GAAP means generally accepted accounting principles in Italy.

Italian GAAP means the generally accepted accounting principles as practiced in Italy, and including all rules, pronouncements, methods and practices as based mainly by the Civil Code, Legislative Decree no. 127 of April 9, 1991, the principles of the Commissione per la Statuizione dei Principi Contabili of the Consiglio Nazionale dei Dottoxx Commercialisti e dei Ragionieri and regulations of Consob.

Italian GAAP means the rules of Italian Law applicable to the drafting of financial statements, as integrated by, interpreted and applied in accordance with the accounting principles (principi contabili) issued by (x) the Xxxxxxxxx Nazionale dei Dottori Commercialisti and the Xxxxxxxxx Nazionale dei Ragionieri, as amended by the OIC (Organismo Italiano di Contabilità), and (y) directly by the OIC (Organismo Italiano di Contabilità), in each case in effect as of the reference date of the financial statements.

Examples of Italian GAAP in a sentence

• The financial results in this document and the Presentation include certain financial measures and ratios, including Adjusted Media Revenue, Adjusted Revenue, Cash Available for Debt Service, Current / Non Current Operating Assets, Current / Non Current Operating Liabilities, Debt Service Coverage Ratio and certain other related measures that are not presented in accordance with IFRS or Italian GAAP and are unaudited.

• Reference to these non-IFRS and non-Italian GAAP measures should be considered in addition to IFRS or Italian GAAP financial measures, but should not be considered a substitute for results that are prepared in accordance with IFRS or Italian GAAP.The information contained in the Presentation, including but not limited to any forward looking statements, is provided as of the date hereof and is not intended to give any assurance as to future results.

• For the purposes of clause 4.12, the Nomenclature Standards as defined in the System Code as at 13 December 1998 are taken to be the nomenclature standards agreed between a Network Service Provider in respect of the Victorian Transmission Network or a Victorian Distribution Network and AEMO until AEMO and the relevant Network Service Provider agree otherwise under clause 4.12(a) or AEMO determines otherwise under clause 4.12(a).

• These indicators are based solely on the Group’s historical data for the reporting period and the comparative periods, without referring to the Group’s expected performance, and should not be considered as replacements for the indicators required by the applicable accounting standards (Italian GAAP – OIC).

• Investment securities, in general, are exposed to various risks, such as interest rates, credit and overall market volatility.

More Definitions of Italian GAAP

Italian GAAP means the accounting standards approved by the National Councils of "Dottori Commercialisti e Ragioneri," and in the absence thereof, those issued by the International Accounting Standards Committee.

Italian GAAP means the rules of the Code dealing with annual financial statements and the Italian generally accepted accounting principles as issued by the Organismo Italiano di Contabilità (OIC) or, in their absence, the International Financial Reporting Standards as issued by the International Accounting Standards Board (IASB) of the IFRS Foundation, in each case applied on a basis that is consistent with past practice.

Italian GAAP means Italian generally accepted accounting principles. "Liens" means any claim, mortgage, deed of trust, pledge, security

Italian GAAP means generally accepted Italian accounting principles as in effect in the Republic of Italy on the date of this Agreement recommended by the "Consigli Nazionali dei Dottori Commercialisti e dei Ragionieri" and the accounting principles and rules set out in the Italian Civil Code applied consistently with past practice.

Italian GAAP means the rules of Italian Law applicable to the drafting of financial statements, as integrated by, interpreted and applied in accordance with the accounting principles (principi contabili) issued by (x) the Consiglio Nazionale dei Dottori Commercialisti and the Consiglio Nazionale dei Ragionieri, as amended by the OIC (Organismo Italiano di Contabilità), and (y) directly by the OIC (Organismo Italiano di Contabilità), in each case in effect as of the reference date of the financial statements.

Italian GAAP means collectively accounting principles prescribed by Italian law and supplemented by the accounting principles issued by the Consiglio Nazionale dei Dottori Commercialisti e dei Ragionieri, consistently applied.

Italian GAAP means Italian generally accepted accounting principles applied on a consistent basis with prior accounting periods.