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The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with generally accepted accounting principles. EBITDA (earnings before interest, taxes, depreciation and amortization) is not a recognized measure under Canadian generally accepted accounting principles (GAAP), does not have standardized meaning, and is unlikely to be comparable to similar measures used by other companies. (CCNMatthews Press Releases)
Budget: no surprises in 2010 Sep 10, 2009
For the sixth-straight year, the county earned the highest designation of "unqualified" audit opinion for complying with accepted accounting principles. Other than a significant increase in the highway department's sand and salt inventory (from $702,396 in 2007 to $1. (Chetek Alert, WI)
Monsanto Shares 2010 Guidance, Outlook For Roundup(R) Sep 10, 2009
Ongoing EPS: The presentation of ongoing EPS is not intended to replace net income (loss), cash flows, financial position or comprehensive income (loss), and it is not a measure of financial performance as determined in accordance with generally accepted accounting principles (GAAP) in the United States. The following table reconciles ongoing EPS to the respective most directly comparable financial measure calculated in accordance with GAAP. Reconciliation of EPS to Ongoing EPS: Ongoing EPS is... (PR Newswire)
DNP Select Income Fund Inc. Section 19(a) Notice Sep 9, 2009
All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations. Total % Breakdown of Cumulative the Total Distributions Cumulative Current % Breakdown for the Distributions Distribution of the Current Fiscal Year for the Fiscal ($) Distribution to Date ($) Year to Date -------------- -------------- -------------- -------------- Net Investment Income 0. (PR Newswire)
Political intrusion: Accountants greatest challenge - Director Sep 8, 2009
He explained that the accounts submitted must be prepared in accordance with generally accepted accounting principles and in accordance with any instructions issued by the Controller and Accountant-General in consultation with the Auditor-General. He said MDAs and other public institutions were mandated to keep an assets' register, which should provide comprehensive information about the status of government assets to demonstrate government's commitment to transparency and accountability for use... (Ghana Web, Ghana)
AU Optronics Corp. Reports August 2009 Consolidated Revenue Sep 8, 2009
8%) (1) All figures are prepared in accordance with generally accepted accounting principles in Taiwan. (2) Monthly figures are unaudited, prepared by AU Optronics Corp. (3) Consolidated numbers include AU Optronics Corp., AU Optronics (L) Corporation, AU Optronics (Suzhou) Corporation, AU Optronics (Shanghai) Corporation, Tech - Well (Shanghai) Display Co., AU Optronics (Xiamen) Corp., Darwin Precisions (L) Corp., Toppan CFI (Taiwan) Co, Ltd., AU Optronics (Czech) s.r.o., Lextar Electronics... (PR Newswire)
New leaders dig ev3 out of the whole Sep 7, 2009
In July, the Plymouth-based medical-device maker reported its first-ever quarterly profit 5 cents per share, excluding a tax benefit under generally accepted accounting principles (GAAP). The firm has wrapped up efforts to integrate , which it bought in late 2007. (Twin Cities Business Journal, MN)
Ernst & Young quits as Corus auditor Sep 5, 2009
The filing stated there were no disagreements between the auditor and Corus on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that would have caused Ernst to note them in its reports. No accountant is set to succeed Ernst at this time, the filing said. (Crain's Chicago Business)
First Industrial Realty Trust Declares Preferred Stock Dividends Sep 4, 2009
Factors which could have a materially adverse affect on our operations and future prospects include, but are not limited to, changes in: national, international (including trade volume growth), regional and local economic conditions generally and real estate markets specifically, legislation/regulation (including changes to laws governing the taxation of real estate investment trusts), our ability to qualify and maintain our status as a real estate investment trust, availability and... (PR Newswire)
Shareholder Class Action Filed Against Huron Consulting Group, Inc. by the Law Firm of Barroway Topaz Kessler Meltzer & Check, LLP Sep 4, 2009
More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that since 2006, the Company had improperly accounted for earn-out payments made in connection with four acquisitions; (2) that as a result, the Company had overstated its net income and earnings per share for the affected periods, and had understated its non-cash compensation expenses; (3) that... (PR Newswire)
Adept Technology Reports Fourth Quarter and Fiscal Year 2009 Results Sep 3, 2009
Adjusted EBITDA should be considered in addition to, but not as a substitute for, other measures of financial performance reported in accordance with accounting principles generally accepted in the United States. For more information on our adjusted EBITDA, please see the table captioned "Reconciliation of GAAP Net Income (Loss) to Adjusted EBITDA (Loss)" included below. (Primezone Releases)
Take-Two Interactive Software, Inc. Reports Third Quarter Fiscal 2009 Financial Results Sep 2, 2009
In addition to reporting financial results in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses non-GAAP measures of financial performance that exclude certain non-recurring or non-cash items. Non-GAAP gross profit, income (loss) from operations, net income (loss) and earnings (loss) per share are measures that exclude certain non-recurring or non-cash items and should be considered in addition to results prepared in accordance with GAAP. They are not... (Yahoo! Wire -- Entertainment News)
Delphi Announces Closing of Wapiti/Gold Creek Acquisition and Mailing of Takeover Bid Circular for Fairmount Energy Inc. Sep 1, 2009
The release contains the terms "funds from operations", "funds from operations per share", "net debt", "cash operating costs" and "netbacks" which are not recognized measures under Canadian generally accepted accounting principles. The Company uses these measures to help evaluate its performance. (CCNMatthews Press Releases)
Enseco Energy Services Corp. Announces Results for the Three Months Ended June 30, 2009 Sep 1, 2009
Operating loss, EBITDA and cashflow are not recognized measures under Canadian generally accepted accounting principles ("GAAP"). Management believes that in addition to net earnings, operating loss, EBITDA and cashflow are useful supplemental measures as they provide an indication of the results generated by Enseco's primary business activities prior to consideration of how those activities are financed, amortized or how the results are taxed in various jurisdictions as well as the cash... (CCNMatthews Press Releases)
Magma posts loss, amends tender offer Sep 1, 2009
SAN FRANCISCO Magma Design Automation Inc. posted a loss in accordance with generally accepted accounting principles (GAAP) of $4. 3 million on revenue of $28. (EETimes)
Barroway Topaz Kessler Meltzer & Check, LLP Reminds All Tronox, Inc. Investors of September 8, 2009 Lead Plaintiff Deadline Sep 1, 2009
Barroway Topaz Kessler Meltzer , LLP Reminds All Tronox, Inc. Investors of September 8, 2009 Lead Plaintiff Deadline. Text hiding to spacing. (PR Newswire)
Lukoil Q2 Net Profit Slides 44% on Lower Prices Aug 29, 2009
Lukoil, 20% owned by ConocoPhillips (COP), said net profit from April to June under U.S. Generally Accepted Accounting Principles fell to $2. 32 billion from a net profit of $4. (SmartMoney)
17,500 Canadians Cant Be Wrong Aug 29, 2009
In the second place, the Enron fraud was based largely on its use of mark-to-market accounting principles, which were specifically approved by the government regulators at the Securities and Exchange Commission. So far from preventing the Enron fraud, the government regulators gave it the go ahead. (Atlanta Journal-Constitution -- Opinion)
OMT Reports Results for Three Months Ended June 30, 2009 Aug 28, 2009
This review contains Management's discussion of the Company's operational results and financial condition, and should be read in conjunction with the consolidated financial statements for the six months ended June 30, 2009 and the associated notes, which were prepared in accordance with Canadian generally accepted accounting principles (GAAP) ... Since the long-term loans of $3,000,000 are held by principal shareholders, under Generally Accepted Accounting Principles (GAAP) the further extension... (CCNMatthews Press Releases)
Magma Reports Revenue of $28.8 Million for First Quarter Aug 28, 2009 Perkins & Marie Callender's Inc. Reports Results for the Quarter Ended July 12, 2009 Aug 28, 2009 China Sky One Medical, Inc. Responds to Concerns Regarding Filed Financial Reports Aug 27, 2009 Painted Pony Announces June 30, 2009 Financial Results and Operational Update Aug 27, 2009 TiVo Reports Results for the Second Quarter Fiscal Year 2010 Ended July 31, 2009 Aug 27, 2009 Nortek Reports 2nd-Quarter Results Aug 25, 2009 Accounting Implications of the Supreme Court Ruling in the Matter of the Merger of DBS Satellite Services Ltd. ("yes") Aug 24, 2009 IBERIABANK Announces Market Expansion Aug 22, 2009 Microsemi Announces Settlement of DOJ Suit Aug 21, 2009 Nalco Mobotec Named Emissions Control Technology Company of the Year Aug 21, 2009 Mayflower Bancorp, Inc. Reports First Quarter Earnings and Payment of Dividend Aug 21, 2009 The Hartcourt Companies, Inc. Agrees to Enter into Reverse Takeover with Sino- Canada Investment Group Inc. Aug 21, 2009 Analyst sees upside for chip makers in HP results Aug 20, 2009 VIQ Solutions Reports Profitable Fiscal 2009 Second Quarter Results Aug 20, 2009 Arcan Resources Ltd. Announces Second Quarter 2009 and Updates Drilling Results Aug 20, 2009 ChinaEdu Reports Second Quarter 2009 Results Aug 20, 2009 Limited Brands Reports Second Quarter 2009 Earnings Aug 20, 2009 New Survey Shows Indian Companies Struggling With Changes in Financial Reporting Aug 20, 2009 DivX Reaches Settlement With Yahoo! Ending Legal Dispute Over Toolbar Distribution Agreement Aug 20, 2009 Syncora Holdings Ltd. Announces Posting of Second Quarter Consolidated Financial Statements Aug 19, 2009 La-Z-Boy Reports First-Quarter Profit Aug 19, 2009 Associated Materials and AMH Holdings Report Second Quarter Results Aug 19, 2009 Longtop Financial Technologies Limited Announces Unaudited Financial Results for the Fiscal Quarter Ended June 30, 2009 Aug 19, 2009 NCO Group Announces Second Quarter 2009 Results Aug 18, 2009 CDC Corporation Adjusted EBITDA Increases 25 Percent and Operating Cash Flow Increases 100 Percent in Second Quarter of 2009 Compared to Second Quarter of 2008 Aug 18, 2009 Gardy & Notis, LLP Files Securities Fraud Class Action Against Huron Consulting Group, Inc. -- HURN Aug 18, 2009 Education Management LLC Reports Fiscal 2009 Fourth Quarter and Full Year Results Aug 18, 2009 • Liquid gold from the spigot: Water a precious commodity as rates swell in M.V. Aug 16, 2009 City's Retirement System Wins Financial Award Aug 15, 2009 Rainmaker Reports Results for the Three and Six Months Ended June 30, 2009 Aug 15, 2009 Bucking Horse Energy Inc. Announces Second Quarter Financial Results Aug 15, 2009 LBI Media, Inc. Reports Second Quarter 2009 Results Aug 15, 2009 Clairvest Reports Fiscal 2010 First Quarter Results Aug 14, 2009 World Color Press Announces Second Quarter Results Aug 14, 2009 Storm Exploration Inc. Is Pleased to Announce Its Financial and Operating Results for the Three and Six Months Ended June 30, 2009 Aug 14, 2009 Bankers Petroleum announces second quarter financial and operational results Aug 14, 2009 Avenir Diversified Income Trust Announces Second Quarter 2009 Results Aug 14, 2009 NuVista Energy Ltd.: Second Quarter Interim Report Aug 14, 2009 SCM Microsystems Reports Second Quarter 2009 Results Aug 14, 2009 Tam Quarterly Profit Doubles as Jet-Fuel Costs Decline, Air Travel Revives Aug 14, 2009 Mad Catz Reports Fiscal 2010 First Quarter Revenue of $22.4 Million Aug 13, 2009 MTR Gaming Group Announces Second Quarter Results: EBITDA from Continuing Operations up 10% and EPS from Continuing Operations of $0.03 Per Diluted Share Aug 13, 2009 Hurray! Reports Second Quarter 2009 Unaudited Financial Results Aug 13, 2009 Pure Energy Services Ltd. Announces Results for the Second Quarter Ended June 30, 2009 Aug 13, 2009 Solium Capital Inc. Releases 2009 Second Quarter Results Aug 13, 2009 Bancolombia S.A. Announces Unconsolidated Results for the Month of July 2009* Aug 13, 2009 Trimac Announces Second Quarter Results Aug 13, 2009 Petrobank Records Second Quarter Net Income of $34.7 Million Aug 13, 2009 Shareholder Class Action Filed on Behalf of Purchasers of Tronox, Inc. by the Law Firm of Barroway Topaz Kessler Meltzer & Check, LLP Aug 13, 2009 Sbarro, Inc. Announces Results of Operations for the Second Quarter and Six Months Ended June 28, 2009 Aug 13, 2009 Insignia Energy Ltd. Announces Its 2009 2nd Quarter Results and Provides Second Half 2009 Guidance Aug 13, 2009 Xtreme Coil Achieves Strong 2009 2Q and Updates Operations Aug 13, 2009 First Bankshares, Inc., Parent of SuffolkFirst Bank, Reports Strong Tier 2 Capital of 15.19% After Recording a $444,000 Loss or 20 Cents per Share for Six Months Ending June 30, 2009 Aug 12, 2009 Essential Energy Services Trust Announces Second Quarter 2009 Results and Quarterly Distribution Aug 12, 2009 BELLUS Health reports results for first half of fiscal 2009 Aug 12, 2009 CORRECTION FROM SOURCE: Brookfield Real Estate Services Fund Announces Second Quarter Results and Monthly Cash Distribution Aug 12, 2009 First Advantage Bancorp Reports Second Quarter 2009 Results Aug 12, 2009 Northeast Bancorp Releases Annual Results Aug 12, 2009 Chip gear sales propel Applied above expectations Aug 12, 2009 Enerflex Reports Second Quarter 2009 Financial Results and Announces Third Quarter 2009 Distributions Aug 12, 2009 IIJ Announces First Three Months Financial Results for the Fiscal Year Ending March 31, 2010 Aug 11, 2009 Lionsgate Reports Net Income of $36.3 Million and Adjusted EBITDA of $53.0 Million for First Quarter of Fiscal 2010 Aug 11, 2009 Team Finance LLC Announces Second Quarter 2009 Results Aug 11, 2009 Post-2011, bank books to carry real numbers Aug 11, 2009 Cardiac Science Reports Q2 Revenue; Resumes AED Shipments Aug 11, 2009
In accordance with generally accepted accounting principles (GAAP), Magma reported a net loss of $(4. 3) million, or $(0. (Primezone Releases)
Buongiorno Group Results for H1 2009 Aug 28, 2009
2 million) due to a change in the accounting principles of an Australian contract and the rationalization of the product portfolio ... 4%) due to the new terms of renewal of a relevant contract in Australia for online sales of phone air time, for which new accounting principles are net commissions only (and no longer the gross amount), and to the rationalization of the product portfolio, with the termination of those with negative or poor contributions, in particular those related to the... (Yahoo! Wire -- Entertainment News)
Adjusted EBITDA is not a presentation made in accordance with U.S. generally accepted accounting principles and accordingly should not be considered as an alternative to, or more meaningful than, earnings from operations, cash flows from operations or other traditional indications of a company's operating performance or liquidity. The following table provides a reconciliation of net loss to adjusted EBITDA. (PR Newswire)
Stanley Hao, Chief Financial Officer of the Company, noted that "our financial statements, as filed with the SEC, on Form 10-K and 10-Q, are accurate and in compliance with generally accepted accounting principles.". About China Sky One Medical, Inc.. (PR Newswire)
3 Net success rate 100% 90% 100% 95% ---------------------------------------------------------------------------- (1) This table contains the term "funds flow from operations", which should not be considered an alternative to, or more meaningful than "cash flow from operating activities" as determined in accordance with Canadian generally accepted accounting principles ("GAAP") as an indicator of the Company's performance. Funds flow from operations and funds flow from operations per share... (CCNMatthews Press Releases)
EBITDA and Adjusted EBITDA are not measures of financial performance under generally accepted accounting principles, which we refer to as GAAP. We have presented EBITDA and Adjusted EBITDA solely as supplemental disclosure because we believe they allow for a more complete analysis of our results of operations and we believe that EBITDA and Adjusted EBITDA are useful to investors because EBITDA and Adjusted EBITDA are commonly used to analyze companies on the basis of operating performance. In... (PR Newswire)
EBITDA is not a measure of operating performance under U.S. generally accepted accounting principles ("GAAP") and should not be considered as an alternative or substitute for GAAP profitability measures such as operating earnings (loss) from continuing operations, discontinued operations, extraordinary items and net earnings (loss) ... EBITDA is not a measure of cash flow under U.S. generally accepted accounting principles ("GAAP") and should not be considered as an alternative or substitute for... (PR Newswire)
In accordance with generally accepted accounting principles, and in light of the ruling, the Company will cease to consolidate yes in its financial statements. As a result, the Company will record its investment in yes according to the equity method, based on the fair value of this investment on the date of cessation of consolidation. (PR Newswire)
The Company anticipates recording a significant one-time gain under FAS 141R in accordance with generally accepted accounting principles, the amount of which will be disclosed at a later date upon completion of additional review. -- Regulatory Capital Strength. (PR Newswire)
The potential risks and uncertainties include, but are not limited to, such factors as continued negative or worsening worldwide economic conditions or market instability, downturns in the highly cyclical semiconductor industry, intense competition in the semiconductor industry and resultant downward price pressure, inability to develop new technologies and products to satisfy changes in customer demand or the development by the company's competitors of products that decrease the demand for... (Primezone Releases)
Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, ability to execute price increases, business climate, business... (Primezone Releases)
Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the Company's operations, pricing, products and services. Mayflower... (PR Newswire)
Important factors that could cause actual results or events to differ materially from the forward-looking statements, include among others: the number and percentage of Hartcourt stockholders voting for the transaction and the reincorporation; the preparation of Sino- Canada's historical financial statements required to be included in the Hartcourt proxy statement; the ability of the parties to satisfy the conditions to closing of the proposed transaction; changing principles of generally... (PR Newswire)
6 billion, or 67 cents per share, in accordance with generally accepted accounting principles (GAAP), down from $2 billion, or 80 cents per share, in the year-ago quarter, the company said. Non-GAAP operating profit was $3 billion, or 91 cents per share, up from 86 cents per share in the prior-year period, HP said. (EETimes)
EBITDA is a non-GAAP earnings measure, therefore, it does not have any standardized meaning prescribed by Canadian generally accepted accounting principles and may not be similar to measures presented by other companies. EBITDA represents earnings before interest expense, income taxes, depreciation and amortization. (CCNMatthews Press Releases)
Special Note Regarding Non-GAAP Measures - This press release contains financial terms that are not considered measures under Canadian generally accepted accounting principles ("GAAP"), such as "funds from (used in) operations". This measures is commonly utilized in the oil and gas industry and is considered informative for management and shareholders. (CCNMatthews Press Releases)
To supplement the unaudited condensed consolidated financial information presented in accordance with Accounting Principles Generally Accepted in the United States of America ("GAAP"), the Company uses non-GAAP measures of income from operations and net income attributable to ChinaEdu Corporation, which are adjusted from results based on GAAP to exclude certain non-cash items of share-based compensation, amortization of intangible assets and land use rights and goodwill and intangibles... (PR Newswire)
The Unaudited Adjusted Consolidated Statements of Income should not be construed as an alternative to the reported results determined in accordance with generally accepted accounting principles. Further, the Company's definition of adjusted income information may differ from similarly titled measures used by other companies. (PR Newswire)
MUMBAI, India, Aug. 19 /PRNewswire/ -- According to a newly released survey by Resources Global Professionals India, only 27 per cent of blue chip foreign and Indian multi-national corporations say they are prepared for the conversion to the new International Financial Reporting Standards (IFRS) from the current Indian Generally Accepted Accounting Principles (GAAP). Moreover, nearly 60 per cent report that critical milestones and success factors for a clean and cost-effective conversion have... (PR Newswire)
The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with accounting principles generally accepted in the United States. The non-GAAP financial measures used by the Company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. (Yahoo! Wire -- Entertainment News)
On August 14, 2009, Syncora Guarantee Inc., Syncora's wholly owned New York financial guarantee subsidiary, filed its financial statements in accordance with statutory accounting principles, as prescribed and permitted in the State of New York, as of and for the six months ending June 30, 2009 with the New York Insurance Department, which can also be found on Syncora's website at. About Syncora Holdings Ltd.. (PR Newswire)
These factors include, but are not limited to: (a) changes in consumer confidence and demographics; (b) continued economic recession and fluctuations in our stock price; (c) changes in the real estate and credit markets and the potential impacts on our customers and suppliers; (d) the impact of terrorism or war; (e) continued energy and other commodity price changes; (f) the impact of logistics on imports; (g) the impact of interest rate and currency exchange rate changes; (h) supply, labor or... (PR Newswire)
In addition, the Company's ABL Facility has certain covenants that apply ratios utilizing this measure of adjusted EBITDA. EBITDA and adjusted EBITDA have not been prepared in accordance with U.S. generally accepted accounting principles ("GAAP"). Adjusted EBITDA as presented by the Company may not be comparable to similarly titled measures reported by other companies. (PR Newswire)
To supplement the unaudited consolidated financial statements presented in accordance with United States Generally Accepted Accounting Principles ("GAAP"), Longtop's management reports and uses non-GAAP ("Adjusted") measures of revenues, cost of revenues, operating expenses, net income and net income per share, which are adjusted from results based on GAAP. To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures to exclude certain business combination... (PR Newswire)
It is not intended to report the Company's operating results or free cash flow in conformity with accounting principles generally accepted in the United States. EBITDA as presented herein is not necessarily comparable to similarly titled measures of other companies. (PR Newswire)
Non-GAAP Financial Measures are not alternatives for measures such as net income, earnings per share and cash and cash equivalents prepared under generally accepted accounting principles in the United States (GAAP). These Non-GAAP Financial measures may also be different from non-GAAP measures used by other companies. (Yahoo! Wire -- Entertainment News)
The complaint alleges that defendants failed to disclose: (1) that shareholders of four businesses that Huron acquired between 2005-2007 redistributed portions of their acquisition-related payments among themselves and to certain Huron employees; (2) that, as a result, Huron understated its non-cash compensation expenses; (3) that Huron's financial statements were not prepared in accordance with Generally Accepted Accounting Principles ("GAAP"); (4) that Huron lacked adequate internal and... (Primezone Releases)
The presentation of EBITDA does not comply with U.S. generally accepted accounting principles (GAAP). For an explanation of EBITDA and Adjusted EBITDA (used for covenant compliance), and a reconciliation to net income, the most directly comparable GAAP financial measure, see the Non-GAAP Financial Measures disclosure in the financial tables section below. (PR Newswire)
"When we're talking about running a water system, we're talking about running it like a business. According to government accounting principles, water systems should have been run as businesses at least since the late 1980s," he said. Antiquated water delivery systems built decades ago that now need major renovations contribute to increasing residential rates. (Burley South Idaho Press, ID)
The association's award program is designed to encourage public entities to go beyond the minimum standards of accepted accounting principles to prepare reports that display transparency and full disclosure. "This organization has taken great strides to improve the accuracy, accountability and transparency of our accounting and finance functions," said David Wescoe, chief executive officer of SDCERS.. (TheSanDiegoChannel.com, CA)
Below is selected information derived from the unaudited interim consolidated financial statements which have been prepared in accordance with Canadian generally accepted accounting principles ... EBITDA is not a term defined under generally accepted accounting principles. (CCNMatthews Press Releases)
EBITDA is not a recognized measure under Canadian generally accepted accounting principles ("GAAP") and is offered as a commonly used industry metric for comparative purposes only. ---------------------------------------------------------------------------- Reconciliation of cash flow Six months Six months from operations before change Ended June 30, Ended May 31, in net working capital 2009 2008 Net cash flow provided by operating Activities $931,586 $9,202,557 Accounts payable and accrued... (CCNMatthews Press Releases)
This measure should be considered in addition to, but not as a substitute for, or superior to, other measures of liquidity and financial performance prepared in accordance with accounting principles generally accepted in the U.S., such as cash flows from operating activities, operating income or loss and net income or loss ... Results of Operations (continued): LBI MEDIA, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) June 30, December 31, 2009 2008 --------- ----------- (unaudited)... (Yahoo! Wire -- Entertainment News)
Clairvest prepares its financial statements in accordance with Canadian generally accepted accounting principles ("GAAP") ... National Instrument 52-109 also requires certification from the Chief Executive Officers and Chief Financial Officer to certify their responsibilities for establishing and maintaining internal controls with regards to the reliability of financial reporting and the preparation of financial statements in accordance with Canadian generally accepted accounting principles ...... (CCNMatthews Press Releases)
In the discussion of our 2009 results, we use certain financial measures that are not calculated in accordance with Canadian generally accepted accounting principles (GAAP) or United States GAAP to assess our financial performance, including EBITDA (earnings before interest, tax, depreciation and amortization), Adjusted EBITDA, Adjusted EBIT, and free cash flow. We use such non-GAAP financial measures because we believe that they are meaningful measures of our performance. (CCNMatthews Press Releases)
Basis of Presentation - Financial data presented below have largely been derived from the Company's unaudited consolidated financial statements for the three and six months ended June 30, 2009, prepared in accordance with Canadian Generally Accepted Accounting Principles ("GAAP") ... These interim unaudited consolidated financial statements have been prepared by management in accordance with accounting principles generally accepted in Canada ("GAAP"), following the same accounting policies and... (CCNMatthews Press Releases)
All dollar values are expressed in U.S. dollars, unless otherwise indicated, and are prepared in accordance with Canadian generally accepted accounting principles (GAAP) ... Internal controls over financial reporting are designed to provide reasonable assurance regarding the reliability of the Company's financial reporting and compliance with generally accepted accounting principles ... BASIS OF PRESENTATION The interim consolidated financial statements have been prepared in accordance with... (PR Newswire)
escrowed units) 41,919,262 41,968,552 0% 41,919,262 41,968,552 0% ---------------------------------------------------------------------------- (1) Funds from continuing operations, funds from continuing operations per unit, funds from operations, funds from operations per unit and working capital (net debt) are not recognized measures under Canadian generally accepted accounting principles (GAAP). Funds from operations is calculated by taking cash provided by operating activities on the... (CCNMatthews Press Releases)
Basis of presentation - The financial data presented below has been prepared in accordance with Canadian Generally Accepted Accounting Principles ("GAAP") ... Critical accounting estimates - The consolidated financial statements have been prepared in accordance with Canadian generally accepted accounting principles ... This amendment allows first-time adopters using full cost accounting to elect to measure oil and gas assets at the date of transition to IFRS using amounts determined based on the... (CCNMatthews Press Releases)
EBITDA should be considered in addition to, but not as a substitute for, other measures of financial performance determined in accordance with accounting principles generally accepted in the United States. While we believe that EBITDA is useful within the context described above, it is in fact incomplete and not a measure that should be used to evaluate the full performance of the Company or its prospects. (PR Newswire)
Net income according to Brazilian Generally Accepted Accounting Principles rose to 788. 9 million reais in the quarter from 337 million reais a year earlier, Tam said in the filing. (Bloomberg -- Latin America)
EBITDA is not intended to represent cash flows for the period, nor is it being presented as an alternative to operating income or net income as an indicator of operating performance and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with accounting principles generally accepted in the United States. As defined, EBITDA is not necessarily comparable to other similarly titled captions of other companies due to potential inconsistencies in... (Yahoo! Wire -- Entertainment News)
EBITDA is not a measure of performance or liquidity calculated in accordance with generally accepted accounting principles (GAAP), is unaudited and should not be considered as an alternative to, or more meaningful than, net income or income from operations as an indicator of our operating performance, or cash flows from operating activities, as a measure of liquidity. EBITDA has been presented as a supplemental disclosure because it is a widely used measure of performance and basis for... (Yahoo! Wire -- Entertainment News)
A reconciliation of the (loss) income from continuing operations under U.S. generally accepted accounting principles (GAAP) and adjusted EBITDA is included at the end of this release ... To supplement its consolidated financial statements presented in accordance with generally accepted accounting principles ("GAAP") in the United States, Hurray. (Yahoo! Wire -- Entertainment News)
11) Funds flow from operations (2) $ (6,255) $(1,821) $ (2,417) $ 4,778 ---------------------------------------------------------------------------- June 30, December 31, 2009 2008 --------------------------- Total assets $ 231,068 $ 227,810 Total long-term debt $ 76,065 $ 65,314 ---------------------------------------------------------------------------- (1) EBITDA and EBITDAS do not have standardized meanings prescribed by Canadian generally accepted accounting principles ("GAAP") ... There... (CCNMatthews Press Releases)
Earnings before interest, taxes, depreciation and amortization ("EBITDA") is a non-GAAP financial measure which does not have any standardized meaning prescribed by Canadian GAAP (generally accepted accounting principles) and is therefore unlikely to be comparable to similar measures presented by other issuers. EBITDA provides useful information to users as it reflects the net earnings prior to the effect of non-operating expenses such as interest, tax, depreciation and amortization. (CCNMatthews Press Releases)
This information has been prepared in accordance with generally accepted accounting principles in Colombia and is stated in nominal terms. Contact: Sergio Restrepo Executive VP Tel. (PR Newswire)
1224 Weighted average number of units used in computing basic earnings per unit 12,584,679 12,564,362 12,584,679 12,564,362 Number of units outstanding used in computing diluted earnings per unit 25,532,452 24,294,701 25,532,452 24,294,701 (1) EBITDA, distributable cash per unit and distributions per unit are not recognized measures under generally accepted accounting principles (GAAP) and do not have a standardized meaning prescribed by GAAP. Therefore, these amounts may not be comparable to... (PR Newswire)
This press release contains financial terms that are not considered measures under Canadian generally accepted accounting principles ("GAAP"), such as funds flow from operations, funds flow per share, net debt and operating netback. These measures are commonly utilized in the oil and gas industry and are considered informative for management and shareholders. (CCNMatthews Press Releases)
More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that the Company's reserves for environmental liabilities failed to include reserves for other identified, but undisclosed sites; (2) that the Company faced extraordinarily high exposure regarding its environmental liabilities, which it failed to fully disclose to its shareholders; (3) that the... (PR Newswire)
Exhibit A includes a reconciliation of EBITDA to net loss, which is the most directly comparable financial measure under United States Generally Accepted Accounting Principles ("GAAP") ... EBITDA is a non-GAAP financial measure and should not be considered in isolation from, or as a substitute for, net income, cash flow from operations or other cash flow statement data prepared in accordance with United States generally accepted accounting principles ("GAAP") or as a measure of a company's... (PR Newswire)
Investors are further cautioned that the preparation of financial statements in accordance with Canadian generally accepted accounting principles ("Canadian GAAP") requires management to make estimates and assumptions that affect the reported amounts of our assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and our revenues and expenses during the reporting period. Our management reviews these estimates, including those related... (CCNMatthews Press Releases)
Although EBITDA and EBITDA per share are not generally accepted accounting principles ("non-GAAP") financial measures, management believes they are useful supplemental measures of the financial performance of Xtreme Coil's principal business activities before considering how activities are financed or taxed, and before the impact of stock-based compensation, foreign exchange rate fluctuations or sales of equipment ... Management prepares the consolidated financial statements in accordance with... (CCNMatthews Press Releases)
Factors that could make a difference include, among others, changes in local and national economies, or market conditions; changes in interest rates; regulations and accounting principles; changes in policies or guidelines; loan demand and asset quality, including real estate values and collateral values; deposit flow; and the impact of competition from traditional or new sources. These and other issues that may emerge could affect decisions and results to differ materially from current... (PR Newswire)
Throughout this news release, certain terms that are not specifically defined in Canadian Generally Accepted Accounting Principles ("GAAP") are used to analyze the operations. In addition to the primary measures of net earnings and net earnings per unit in accordance with GAAP, the Trust believes that certain measures not recognized under GAAP assist both the Trust and the reader in assessing performance and understanding the Trust's results. (CCNMatthews Press Releases)
It should be read in conjunction with the Company's unaudited consolidated financial statements for the periods ended June 30, 2009, as well as the Company's audited consolidated financial statements for the year ended December 31, 2008, which have been prepared in accordance with Canadian Generally Accepted Accounting Principles (GAAP). For discussion regarding related-party transactions, contractual obligations, disclosure controls and procedures, internal control over financial reporting,... (PR Newswire)
Distributable cash does not have a standardized meaning under Canadian generally accepted accounting principles ... The accompanying unaudited interim consolidated financial statements are prepared in accordance with Canadian generally accepted accounting principles ("GAAP") ... The accounting principles used in these interim consolidated financial statements are consistent with those used in the annual consolidated financial statements except as noted below. (CCNMatthews Press Releases)
Factors which could have a material adverse effect on the operations of the Company and its subsidiary include, but are not limited to, changes in interest rates, national and regional economic conditions, legislative and regulatory changes, monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for... (Primezone Releases)
"market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "1250083822", "close" : "1250107222", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Primezone Releases)
Applied's fiscal third quarter net loss in accordance with generally accepted accounting principles (GAAP) was $55 million, or 4 cents per share, the company said. The company narrowed its GAAP net loss for the quarter compared to $255 million, or 19 cents per share, in the previous quarter. (EETimes)
2% ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- EBITDA(1) ---------------------------------------------------------------------------- Earnings before interest & taxes $ 17,144 $ 22,071 $ 36,013 $ 37,286 ---------------------------------------------------------------------------- Depreciation and amortization 5,267 5,566 10,902 11,356... (CCNMatthews Press Releases)
" 1st Quarter FY2009 Financial Results Summary Operating Results Summary --------------------------------------------------------------------- 1Q08 1Q09 YoY % change --------------------------------------------------------------------- JPY JPY millions millions Total Revenues 16,328 15,835 (3.0%) --------------------------------------------------------------------- Connectivity and Outsourcing Services 8,396 9,126 8.7% --------------------------------------------------------------------- SI... (Primezone Releases)
While management considers EBITDA as defined, and EBITDA as adjusted, to be an important measure of comparative operating performance, it should be considered in addition to, but not as a substitute for, net income and other measures of financial performance reported in accordance with Generally Accepted Accounting Principles. EBITDA as defined and EBITDA as adjusted, do not reflect cash available to fund cash requirements. (Yahoo! Wire -- Entertainment News)
" Some of these statements can be identified by terms and phrases such as "anticipate," "believe," "intend," "estimate," "expect," "continue," "could," "should," "may," "plan," "project," "predict" and similar expressions and include references to assumptions that we believe are reasonable and relate to our future prospects, developments and business strategies. The Company cautions readers of this communication that such "forward looking statements", including without limitation, those relating... (PR Newswire)
This is in line with a directive issued by the Institute of Chartered Accountants of India (ICAI), the apex body that sets accounting standards in the country, that all listed companies and entities dealing with public funds must adopt IFRS accounting principles by April 2011. IFRS has turned out to be more popular than the US GAAP, and has been adopted by over 100 countries. (India Times)
This news release contains a discussion of EBITDA and Adjusted EBITDA, which are non-GAAP financial measures provided as a complement to results provided in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The term "EBITDA" refers to a financial measure defined as earnings before net interest, income taxes, depreciation, and amortization. (PR Newswire)
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