Operating Activities means all operation and business activities of the JVC, including feasibility studies and construction of processing plants. "Parties" means Party A and Party B as well as their successors and permitted assigns, and "Party" means either party. "Phase I", "Phase II" "Phase III"-or "Phases" shall have the meaning defined in Article 20 hereunder. "PRC" means the People's Republic of China. "Products" means graphite products, by-products and other related products produced by the JVC. "Province" means the province of Heilongjiang. "Share Interest" means a Party's percentage of share interest in the JVC, in the case of Party A, 20% of shares in the capital of the JVC and, in the case of Party B, 80% of shares in the capital of the JVC, as adjusted from time to time. "Subsidiaries" means any individual, partnership, joint venture, companies or any other business entities controlled directly or indirectly by a Party. "Term" means the Term of the JVC as defined in Article 18 herein. "Total Investment" means the total investment by the Parties as referred to in Article 19 herein. "Work Days" means all the days in a year less Saturdays, Sundays and the Chinese Statutory Holidays.
Operating Activities means all proprietary activities of the JVC, including feasibility studies, ore dressing, prospecting, processing, construction of processing plants or other activities in relation to mining, transportation, smelting, or other activities in relation to Minerals conducted by or on behalf of the JVC. "Operating Area" or "Operating Areas" means the area or areas, each comprising a number of Exploration Areas, defined by geological, mineral and geographic restraints, in which the JVC decides to carry out any Operating Activities pursuant to an Operating Budget and Operating Procedures. "Operating Budget" means the budget prepared by Party B for each Operating Area estimated on the basis of RMB 2,000 per km2 on average, to be submitted to the JVC for implementation. "Operating Licenses" means all Business License, Exploration Licenses, Mining Licenses, approvals, permits and registrations that the JVC may need to operate in Contract Areas and/or Operating Areas. "Operating Procedures" means the procedures formulated by the Board of Directors for carrying out and maintaining Operating Activities. "Operating Schedule" means the schedule substantially in the form shown in Schedule "B" attached hereto and determined by the Board of Directors according to which Operating Activities are conducted and completed. "Option" means the exclusive right and option granted by Party A to Party B for the acquisition of any or all of Party A's interest in any Optional Project. "Optional Project" or "Optional Projects" means any existing mines owned wholly or partly by Party A within the Operating Areas. "Parties" means Party A and Party B as well as their successors and permitted assigns, and "Party" means either party. "Phase I" means the stage of prospecting and exploration and ends with completion of feasibility studies. "Phase II" means the stage of mining, development and production of mines discovered in Phase I. "PRC" means the People's Republic of China. "Products" means mineral products produced under mining rights or other rights. "Shareholders" means any individual or entity holding the shares of the JVC. (Initially Party A and Party B). "Share Interest" means a party's percentage of share interest in the JVC as adjusted from time to time. "Subsidiaries" means any individual, partnership, joint venture, companies or any other business entities controlled directly or indirectly by a Party. "Work Days" means all the days in a year less Saturdays, Sundays and the Chinese...
Operating Activities means all activities reasonably necessary or advisable in connection with the day-to-day (a) management, operation, inspection, cleaning and upkeep of ON Line (or any portion thereof) during the Operating Period and (b) operation of the Great Basin Segments, as further specified, but not limited to the activities set forth, in Schedule 3; provided, however, that Operating Activities do not include any Ancillary Services or any work resulting from any Capital Repair, Event of Loss or any Condemnation Action.
Examples of Operating Activities in a sentence
Financial data Total Assets (TA) Total Liabilities (TL) Total Equity/Net Worth (NW) Current Assets (CA) Current Liabilities (CL) Working Capital (WC) Information from Income Statement Total Revenue (TR) Profits Before Taxes (PBT) Cash Flow Information Cash Flow from Operating Activities 2.
Adjusted Operating Activities is one of the key cash flow measurement tools used by Management in assessing cash flow performance.
The allocation of funds by the City pursuant to this Agreement shall in no way obligate the City for any financial responsibility incurred by the Operating Activities in excess of the funding pledged herein.
See “Cash flow from Operating Activities, Funds Flow from Operations and Free Cash Flow” and “Reconciliation of Cash flow from operating activities to Funds flow from operations” above.
Distributable Free Cash Flow We present Distributable Free Cash Flow because management believes this information is a useful adjunct to Net Cash Provided by (Used in) Operating Activities under GAAP.
More Definitions of Operating Activities
Operating Activities means activities undertaken by the Issuer (including any operating subsidiary) in the course or its regular business activities.
Operating Activities means Borrower’s operating activities that are defined and reported in Borrower’s monthly financial reporting delivered to Agent and in Borrower’s SEC reporting.
Operating Activities. Net income $ 1,002 Adjustments to reconcile net income to cash provided by operating activities: Equity in undistributed net income of subsidiary (1,036) ESOP compensation expense 31 Net change in other assets/liabilities (5) ------- Net cash used by operating activities (8) ------- Investing Activities: Investment in bank subsidiary (3,616) Financing Activities: Proceeds from issuance of common stock 6,621 Exercise of stock options 6 Cash dividends paid (185) ------- Net cash provided by financing activities 6,442 ------- Net increase in cash 2,818 Cash at beginning of year - ------- Cash at end of year $ 2,818 ======= FIRST CAPITAL, INC. AND SUBSIDIARY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED JUNE 30, 1999 AND 1998
Operating Activities. Net loss $ - Adjustments to reconcile net loss to net cash provided by operating activities - License agreement (40,000) ----------------- Net cash used by operating activities (40,000) ----------------- CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from capital contributions 40,000 ----------------- Net cash provided by financing activities 40,000 ----------------- NET INCREASE IN CASH - CASH AT JUNE 19, 2007 - ----------------- CASH AT JULY 20, 2007 $ - ================= WIDEBAND DETECTION TECHNOLOGIES, INC. NOTES TO FINANCIAL STATEMENTS FOR THE INTERIM PERIOD JUNE 19, 2007 TO JULY 20, 2007
Operating Activities. Net loss $(1,966,828) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 1,136 Changes in operating assets and liabilities: Prepaid expenses (49,355) Accrued expenses 76,275 ----------- NET CASH USED IN OPERATING ACTIVITIES (1,938,772) ----------- INVESTING ACTIVITIES: Acquisition of office equipment (2,903) ----------- NET CASH USED IN INVESTING ACTIVITIES (2,903) ----------- FINANCING ACTIVITIES: Proceeds from sale of common stock 88,390 Proceeds from stockholder loans 489,220 Proceeds from loans from related party 2,352,333 Advances to stockholder (416,047) ----------- NET CASH PROVIDED BY FINANCING ACTIVITIES 2,513,896 ----------- EFFECT OF EXCHANGE RATE ON CASH (138,027) ----------- INCREASE IN CASH AND CASH - END OF YEAR $ 434,194 =========== ================================================================================ See notes to financial statements XL GENERATION AG NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2004 ================================================================================ BUSINESS DESCRIPTION XL Generation AG (the "Company") or ("XLG") was incorporated in 1991, and was inactive until March 2004 when it was granted the exclusive worldwide right to manufacture, promote and sell XL Turf products. XL Turf is an artificial pitch used primarily in soccer stadiums and indoor recreational facilities. CASH AND CASH EQUIVALENTS The Company considers all highly liquid debt instruments with original maturities not exceeding three months to be cash equivalents. OFFICE EQUIPMENT Office equipment is stated at cost. Depreciation is computed using the straight-line method over the three-year estimated life of the equipment. REPAIRS AND MAINTENANCE Maintenance and repairs and minor renewals are expensed as incurred. RESEARCH AND DEVELOPMENT Research and development costs are expensed as incurred. REVENUE RECOGNITION The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when persuasive evidence of an arrangement exists, the product has been shipped or the services have been provided to the customer, the sales price is fixed or determinable and collectibility is reasonably assured. The Company reduces revenue for estimated customer returns, rotations and sales rebates when such amounts are estimable. When not estimable, The Company defers revenue until the product is sold to the end customer...
Operating Activities. Net income None Adjustments to reconcile net loss to net cash provided by operating activities - Technology license (5,000) Accrued expenses 5,000 -------- Net cash used by operating activities - -------- CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from capital contributions 50,000 -------- Net cash provided by financing activities 50,000 -------- NET INCREASE IN CASH 50,000 CASH AT JUNE 13, 2003 - -------- CASH AT JUNE 19, 2003 $ 50,000 ======== ADVANCED ILLUMINATION TECHNOLOGIES, INC. NOTES TO THE FINANCIAL STATEMENTS FOR THE INTERIM PERIOD JUNE 13, 2003 TO JUNE 19, 2003 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
Operating Activities means the principal revenue producing activities of BESCOM and other activities that are not Investing Activities or Financing Activities, where “Investing Activities” means the acquisition and disposal of long-term assets and other investments not included in Cash and Cash Equivalents as defined above and “Financing Activities” means activities that result in changes in the size and composition of the equity capital and borrowings of BESCOM;