Net Finance Costs definition

Net Finance Costs means, in respect of any Test Period, the Finance Costs less Interest Receivables and any interest on any intragroup loans, any capitalised interest on loans granted by shareholders and any prepayment fees in respect of borrowings calculated for the Group on a consolidated basis.

Net Finance Costs means the aggregate of all financial expenses for the Property Companies minus all financial income.

Net Finance Costs means the Finance Costs less Interest Receivables and any interest on any intragroup loans and any prepayment fees in respect of borrowings.

Examples of Net Finance Costs in a sentence

• The Company must ensure that the ratio of Consolidated EBITDA to Consolidated Net Finance Costs is not, at the end of each Measurement Period, less than 3.00:1.

• Profit from Continuing Operations before Tax and Net Finance Costs underU.S. GAAPUnder U.S. GAAP, profit from continuing operations before tax and net finance costs was €289 million and €405 million for the periods ended December 31, 2005 and 2004, respectively.

• The Parent must ensure that the ratio of Consolidated EBITDA to Net Finance Costs is not, for any Measurement Period, equal to or less than 4 to 1.

• The primary reporting measure of the Qantas International, Qantas Domestic, Jetstar Group, Qantas Loyalty and Qantas Freight operating segments is Underlying Earnings Before Net Finance Costs and Tax (Underlying EBIT).

• Net Finance Costs The interest accrued on debt obligations less any interest earned on cash bank balances and from intra-group companies on any loan advances.

More Definitions of Net Finance Costs

Net Finance Costs means the assessed aggregate annualised amount as of the test date of all financial expenses for the Group minus all financial income.

Net Finance Costs means, on a Test Date, the "net finance costs" (or equivalent item), as set out in Note 6 "Net Finance Costs" (or equivalent Note) in the Guarantor's latest annual consolidated financial statements or, as the case may be, semi-annual unaudited consolidated management financial statements;

Net Finance Costs means at any time Finance Costs less the aggregate of profit on Islamic bank accounts and interest income and other financing charges received or receivable by the Group from conventional bank accounts;

Net Finance Costs means the aggregate of interest expense payable on bank, debenture or other loans, plus the amortisation of issue costs of loans, less interest income, for the Group calculated in accordance with IFRS, and shall, for the avoidance of doubt, exclude any foreign exchange variances and movement in fair value of derivative financial instruments, measured by reference to the latest Annual Accounts or the latest Half-Year Accounts published by the Issuer (as applicable).

Net Finance Costs means, for a given period, the amount specified under the heading "Net cost of debt" ("Coût de l’endettement net") (in the column "FFO") appearing in the Group’s annual or half- yearly consolidated accounts.

Net Finance Costs means, for any period, and with respect to any Person, the non-operating expense shown on the income statement of the Borrower representing:

Net Finance Costs means, in respect of a Relevant Period, the Finance Costs for that Relevant Period less Finance Income for that Relevant Period calculated on a consolidated basis.