Norwegian GAAP definition

Norwegian GAAP. ’ means generally accepted accounting principles in Norway as adopted by the Norwegian Accounting Act;
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Norwegian GAAP means generally accepted accounting principles in Norway, as in effect from time to time.
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Norwegian GAAP means Norwegian generally accepted accounting principles as defined by Applicable Laws and accounting standards issued by the Norwegian Accounting Standards Board, in both cases as applied on a consistent basis;
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Examples of Norwegian GAAP in a sentence

  • Further, certain financial data included in the Materials consists of financial measures which may not be defined under IFRS or Norwegian GAAP.

  • Most of the companies which are part of the Group will continue to prepare their company accounts in accordance with Norwegian GAAP.

  • The basis for consolidation is the same as for Norwegian GAAP and reference is made to the Group’s Annual Report.

  • If they aim like they piss, someone tries to kill us, we’re done for anyway! EPHRAWe have to have them.

  • Financial information for 2004 and 2003 prepared under Norwegian GAAP and financial information for 2005 and 2004 prepared under IFRS are not comparable, because they have been prepared in accordance with different sets of accounting standards.

  • It is for illustrative purposes only and is not necessarily representative of Norway Carve-out’s results of operations for any future period or its financial condition at any future date.We present below certain non-Norwegian GAAP measures and ratios that are not required by or presented in accordance with Norwegian GAAP, including Norway Carve-out Adjusted EBITDA, among others.

  • STATKRAFT ENERGI AS ANNUAL REPORT 2011 FINANCIAL STATEMENTS Income Statement Balance SheetCash Flow StatementAccounting PoliciesNotes Auditor’s Report Accounting PoliciesSTATKRAFT ENERGI AS ACCOUNTING RULESThe annual financial statements have been prepared in accord- ance with the Norwegian Accounting Act and generally accepted accounting principles in Norway (Norwegian GAAP).

  • In line with previous research reporting concerns for health hazards associated with urine (Be- ler Baykal et al.

  • The auditors of the Issuer are Ernst & Young AS state authorised public accountants (“Statsautoriserte”), who have audited the Issuer’s accounts, without qualification, in accordance with Norwegian GAAP with IFRS comparable figures for the financial year ended 31st December 2004 and in accordance with IFRS for the financial year ended 31st December 2005.

  • For discussion of certain differences between Norwegian GAAP and U.S. GAAP, see note 20 to the Consolidated Financial Statements of the Company for the three years ended December 31, 2001, 2000 and 1999, included in Appendix III, which have been audited by PricewaterhouseCoopers DA, independent accountants, as stated in their report, which contains an explanatory paragraph related to the Company's ability to continue as a going concern as described in Note 22 to the financial statements.


More Definitions of Norwegian GAAP

Norwegian GAAP means generally accepted accounting principles in Norway, applied on a consistent basis, and the accounting principles described in the notes to the Financial Statements, excluding accounting principles that are permitted only for companies reporting pursuant to IFRS standards.
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Related to Norwegian GAAP

  • Brazilian GAAP means the generally accepted accounting practices adopted in Brazil determined in accordance with the Brazilian corporate law.

  • Canadian GAAP means Generally Accepted Accounting Principles as provided in the Handbook of the Canadian Institute of Chartered Accountants.

  • UK GAAP means generally accepted accounting principles in the United Kingdom.

  • GAAP means generally accepted accounting principles as in effect from time to time in the United States of America.

  • U.S. GAAP means United States generally accepted accounting principles.

  • PRC GAAP means the generally accepted accounting principles of the PRC.

  • Mexican GAAP means generally accepted accounting principles in Mexico in effect on the Issue Date.

  • IFRS means International Financial Reporting Standards as issued by the International Accounting Standards Board.

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • HKFRS Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants

  • Consolidated Net Assets means Consolidated Assets after deduction of Consolidated Current Liabilities.

  • Consolidated Net Income (Loss) of any Person means, for any period, the Consolidated net income (or loss) of such Person and its Subsidiaries for such period on a Consolidated basis as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income (or loss), by excluding, without duplication, (i) all extraordinary gains or losses (exclusive of all fees and expenses relating thereto), (ii) the portion of net income (or loss) of such Person and its Subsidiaries on a Consolidated basis allocable to minority interests in unconsolidated Persons to the extent that cash dividends or distributions have not actually been received by such Person or one of its Subsidiaries, (iii) net income (or loss) of any Person combined with such Person or any of its Subsidiaries on a “pooling of interests” basis attributable to any period prior to the date of combination, (iv) any gain or loss, net of taxes, realized upon the termination of any employee pension benefit plan, (v) net gains (or losses) (except for all fees and expenses relating thereto) in respect of dispositions of assets other than in the ordinary course of business, (vi) the net income of any Subsidiary to the extent that the declaration of dividends or similar distributions by that Subsidiary of that income is not at the time permitted, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary or its stockholders, (vii) any gain arising from the acquisition of any securities, or the extinguishment, under GAAP, of any Indebtedness of such Person, (viii) transaction costs charged in connection with the Refinancing, or (ix) amortization of intangible assets of such Person and its Subsidiaries on a consolidated basis under GAAP.

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Consolidated Adjusted Net Income means, for any period, the net income (or net loss) of the Company and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP, adjusted to the extent included in calculating such net income or loss by excluding:

  • Consolidated Net Debt means, as of any date of determination, (a) Consolidated Total Debt minus (b) the aggregate amount of cash and Cash Equivalents of the Borrower and the Restricted Subsidiaries as of such date that is not Restricted.

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Fixed GAAP Terms means (a) the definitions of the terms “Capitalized Lease Obligation,” “Consolidated Interest Expense,” “Consolidated Net Income,” “Consolidated Net Tangible Assets,” “Consolidated Total Assets,” “Consolidated Senior Secured Net Debt Ratio,” “Consolidated Total Net Debt Ratio,” “Consolidated Total Indebtedness,” “Consolidated EBITDA” and “Indebtedness,” (b) all defined terms in this Indenture to the extent used in or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Indenture or the Notes that, at the Issuer’s election, may be specified by the Issuer by written notice to the Trustee from time to time; provided that the Issuer may elect to remove any term from constituting a Fixed GAAP Term.

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • ROC means the Republic of China.

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • Consolidated Adjusted Net Worth means, as of any date of determination thereof, the Consolidated Net Worth less the total amount of all Restricted Investments in excess of 20% of Consolidated Net Worth, each as of such date of determination.

  • SAP means the SAP entity that has entered into this Agreement, as well its Affiliates.

  • Capital Leases means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, recorded as capital leases on the balance sheet of the Person liable (whether contingent or otherwise) for the payment of rent thereunder.