Examples of Transition adjustment in a sentence
Transition adjustment due to the adoption of Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses.
Amounts recorded in accumulated other comprehensive income, net of tax, during the year-ended December 31, 2001, were as follows (in millions): Transition adjustment on January 1, 2001 .
We are attempting to negotiate a similar interlocal agreement with the City of Winter Springs.
The change in the method of amortization has resulted in an adjustment to opening retained earnings, which has been captioned as Transition adjustment on adoption of financial instruments standards.
Trade and Other Receivables (continued) Analysis of movements of impairment allowance is as follows: 2018 2017 $’000$’000At January 16,556262Impairment:- Transition adjustment charged to retained earnings 326 Write-offs/reversals (404) (102) At December 31 7,769 6,556 The maximum exposure to credit risk at the reporting date is the fair value of each class of receivables mentioned above.
PARCEL 1 That parcel as described in dand dated april 19, 1951, and recorded as Document its s'Te on Way 26.
Transition adjustment debit (credit) De-recognition of: Property, plant and equipment $ (10) Current portion of capital lease obligations 56 Capital lease obligations 161 Other regulatory liabilities 2 Recognition of: Current portion of long-term debt (56) Long-term debt (153) Net impact on retained earnings $ - The interest expense on the long-term debt is offset by interest income on the payment undertaking agreements resulting in no net effect on the Company’s net income (loss) in fiscal 2015.
Three Months Ended Nine Months Ended September 30, September 30, 2008200720082007Balance, beginning of period$ (19,446)$ (3,640)$ (9,354)$ -Transition adjustment on adoption ofaccounting policies - - - (4,816)Other comprehensive loss(7,602)(4,215)(17,694)(3,039)Balance, end of period$ (27,048)$ (7,855)$ (27,048)$ (7,855) AOCL represents gains and losses on derivative instruments and investments.
Lease Receivables, Net of Provision for Credit Losses (Continued) The movement in the provision for credit losses determined under the requirements of IFRS is as follows: 2019$’000 2018$’000Balance at beginning of year2,591 6,904IFRS 9 Transition adjustment- 732Charged in the income statement (Note 11)(2,376) (5,045)Balance at end of year215 2,591 The aggregate amount of non-performing lease receivables on which interest was not being accrued is $ NIL (2018 - $1,611,000).
As at 30 June 2017Under AASB 139$’000 Transition adjustment Under AASB 9As at 1 July 2017Under AASB 9$’000Loss allowance16,6771,46218,139The following table shows the reconciliation from the opening to the closing balance of the loss allowance.