Sentences with phrase «charge against earnings»

Depreciation is a non-cash charge against earnings.

The company also is taking a one - time $ 16 million charge against earnings, amounting to 43 cents a share.

It took a charge against earnings of nearly $ 9 billion.

Systematic charges against earnings to write off the cost of an asset over its estimated useful life because of wear and tear through use, action of the elements, or obsolescence.

Not exact matches

T. Rowe Price Group said it must take a $ 71 million charge against its 2017 earnings as a result of the federal tax reform enacted in December by Congress.

The charges against Mr. Silver are focused on his outside income — which U.S. Attorney Preet Bharara has argued amounted to «bribes and kickbacks» disguised as legitimate earnings — and today's agreement calls for new disclosure requirements for any income in excess of $ 1,000.

SCRIBA, N.Y. — Entergy Corp. announced today that it will take a $ 965 million charge against its third - quarter earnings to acknowledge the decreased value of its FitzPatrick nuclear plant in Oswego County, which the company has said it might close.

GM recorded an $ 0.3 - billion loss for Opel / Vauxhall last year, saying in its earnings report that its European operations would have broken even if not for an $ 0.3 - billion charge taken against Great Britain's Brexit vote to exit the European Union.

If they depreciate in a corporation, that depreciation charge is accounted for against income and it's not a big deal — the company just distributes the cash that it can based on retained earnings which accounts for depreciation expense.

Charges made against earnings to write off the cost of a fixed asset over its estimated useful life.

Interest incurred on indebtedness has historically been deductible, (although the deduction of «personal» interest was largely eliminated in 1986), and in the 1950s a type of «leveraged insurance» transaction began being marketed that permitted an insurance owner to in effect deduct the cost of paying for insurance by (1) paying large premiums to create cash values, (2) «borrowing» against the cash value to in effect strip out the large premiums, and (3) paying deductible «interest» back to the insurer, which was in turn credited to the policy's cash value as tax - deferred earnings on the policy that could fund the insurer's legitimate charges against policy value for cost of insurance, etc..