Special Purpose Financial Statements definition

Special Purpose Financial Statements as defined in Subsection 5.1(a).

Special Purpose Financial Statements means, collectively, (a) the audited special purpose statements of owners' assets, liabilities, and investments in each of the Keystone Station and the Conemaugh Station for each of their respective fiscal years ended December 31, 2004 and 2003, together with the related reports of their independent accountants, KPMG LLP, as furnished by the Keystone - Conemaugh Project Office, (b) the audited balance sheets, statements of operations, statements of members' equity and statements of cash flow of each of Keystone Fuels, LLC and Conemaugh Fuels, LLC for each of their respective fiscal years ended December 31, 2004 and 2003, together with the related reports of their independent accountants, KPMG LLP, as furnished by the Keystone - Conemaugh Project Office, and (c) the unaudited General Ledger for each of the Keystone Station, Conemaugh Station, Keystone Fuels, LLC and Conemaugh Fuels, LLC for each month during the period beginning January 1, 2005 and ending September 30, 2005, as prepared by the Keystone-Conemaugh Project Office.

Special Purpose Financial Statements means the consolidated ------------------------------------ financial statements of Co-Steel prepared under GAAP, except that the Unrestricted Subsidiaries (excluding the Hungarian Finance Structure Companies and N.J.S.C. Investment Co. Inc.) are not consolidated but are accounted for at Adjusted Cost Base. Purchase accounting related to the Gerdau Acquisition including adjustments to the assets and liabilities of Co-Steel and the Restricted Subsidiaries to reflect fair market values will be excluded. The Gerdau Subgroup will be shown at cost.

Examples of Special Purpose Financial Statements in a sentence

• However, where Council does not pay some taxes which are generally paid by private sector businesses, such as income tax, these equivalent tax payments have been applied to all Council-nominated business activities and are reflected in Special Purpose Financial Statements.

• Also, as discussed in Note 2 and Note 3.2, these Special Purpose Financial Statements include allocations and estimates that are not necessarily indicative either of the costs and assets that would have resulted if the Products had been operated as a separate business, or of the future results of the Products.

• Amendments to Australian Accounting Standards – Disclosure in Special Purpose Financial Statements of Not-for-Profit Private Sector Entities on Compliance with Recognition and Measurement Requirements.

• These Special Purpose Financial Statements are prepared solely for inclusion in the Consolidated Financial Results of UPL Limited (Ultimate Holding Company or Group).

• The preparation of these Special Purpose Financial Statements requires management to make certain estimates and assumptions that affect the reported amounts of assets, revenue and expenses.

• In accordance with the requirements of the Local Government Code of Accounting Practice and Financial Reporting, Council is required to prepare Special Purpose Financial Statements for the Business Activities of Council.

• However, where Council does not pay some taxes which are generally paid by private sector businesses, such as income tax, these equivalent tax payments have been applied to all Council- nominated business activities and are reflected in Special Purpose Financial Statements.

• Deferred Tax Asset and Liability and Income tax charge accounted in these Special Purpose Financial Statements relate only to the pre-acquisition period and adjustments thereof.

• Seller has provided or made available to Buyer true and correct copies of the Special Purpose Financial Statements.

• Criteria applied for the Special Purpose Financial Statements preparationThe notes to the Condensed Consolidated Interim Financial Statements have been prepared following IAS 34, ‘Interim financial reporting’ which governs interim financial reporting.

More Definitions of Special Purpose Financial Statements

Special Purpose Financial Statements means the audited special purpose statements of revenues, direct expenses and equity in earnings (losses) of nonconsolidated affiliates of the Acquired Business for the years ended December 31, 2007, 2008 and 2009 referred to in Schedule 1.01(f) of the Acquisition Agreement and delivered to the Administrative Agent prior to the Closing Date.

Special Purpose Financial Statements means the consolidated financial statements of the Company prepared under GAAP, except that the Unrestricted Subsidiaries (excluding the Hungarian Finance Structure Companies and N.J.S.C. Investment Co., Inc.) are not consolidated but are accounted for at Adjusted Cost Base.

Special Purpose Financial Statements means the consolidated financial statements of the Company prepared under GAAP, except that the Unrestricted Subsidiaries (excluding the Hungarian Finance Structure Companies and N.J.S.C. Investment Co., Inc.) are not consolidated but are accounted for at Adjusted Cost Base. Purchase accounting related to the Gerdau Acquisition including adjustments to the assets and liabilities of the Company and the Restricted Subsidiaries to reflect fair market values will be excluded. The Gerdau Subgroup will be shown at cost."

Special Purpose Financial Statements means – Ffinancial statements prepared in accordance with a special purpose framework. (Ref: Para. A4–A4A)

Special Purpose Financial Statements means the financial statements (including all applicable notes) of Seller required to be filed by Purchaser (including the Q1 Financials and the Stub Period Financial Statements) in satisfaction of the requirements of the SEC Waiver Letter, Rule 3-05 and Rule 3-06 of Regulation S-X, in each case as applicable, Form 8-K of the Exchange Act and for inclusion in a registration statement on Form S-3; provided, however, that such financial statements shall be no greater in scope than those required by the SEC Waiver Letter.

Special Purpose Financial Statements has the meaning set forth in Section 4.9.