Surplus reduction definition
Examples of Surplus reduction in a sentence
CIP Target14/1515/1616/1717/1818/19Total£'000£'000£'000£'000£'000£ ‘000In Year CIP Target4,3183,9883,5283,3712,95318,158 Other Cost Pressures 2,112 512 4,291 456 456 7,827Total CIP Target6,4304,5007,8193,8273,40925,985 The CIP targets reflect the Surplus reduction which shifts £0.8m from 2014/15 to 2015/16, effectively smoothing the impact upon Operational Divisions.
Surplus reduction – the ACP limit minus the ACP emissions when the ACP limit was greater than the ACP emissions during a given compliance period, expressed to the nearest pound of VOC.
Surplus reduction certificates do not constitute instruments, securities, or other form of property.
Gross paid in and contributed surplus decreased by $61,690 during the examination period, as follows: Year Description Amount1/1/2009 Beginning gross paid in and contributed surplus $702,722,452 2009 Surplus reduction (61,690) 12/31/2013 Ending gross paid in and contributed surplus $702,660,762 The 2009 surplus reduction represented the difference in value of previously granted restricted stock of Radian Group between the vesting date and the date of the grant.