Sentences with phrase «lease liabilities»

The explicit statement of the operating lease liability on the balance sheet is bound to end up with winners and losers.

Wesfarmers has one of the largest off - balance sheet lease liabilities in Australia (about $ 15 billion) due to its 3500 Coles supermarkets, Bunnings, Officeworks, Target and Kmart stores.

Credit Suisse analyst Grant Saligari questioned whether there was room for three discount department stores and said it could cost Woolworths $ 1 billion to close BIG W, given large lease liabilities, testing the strength of its balance sheet.

It also does not take into account the considerable operating and capital lease liabilities, deferred maintenance, or liabilities for the GSEs, and other lending guarantee programs of the federal government.

For OXGN who needs cash in near time a $ 2.5 yearly lease liability is no problem.

Proposed new accounting standards have been drafted in order to push lease liabilities back onto corporate balance sheets.

The higher fee applies if Oxigene terminates the agreement per section 8.1 e, Vaxgen enters into a competing merger agreement per section 8.1 f, or Vaxgen settles its lease liability and then enters into a competing merer agreement.

«Once this joint process is completed, Travelodge's debt, interest costs and lease liabilities will be significantly reduced.»

All companies are likely impacted, but especially companies with substantial equipment or real estate leasing operations will likely have their work cut out for them to comply with the standard's requirement to establish a right of use asset and lease liability.

The most recent draft issued Aug. 17 would establish one method of accounting that requires firms to recognize all lease liabilities and assets on their corporate financial statements.

The deal also saved the company some $ 350 million in lease liabilities.

The proposed rules from FASB & IASB (Boards) would make it necessary for companies to include all lease liabilities and assets on their financial statements, forcing firms to list all of their leases on their balance sheet as a liability, and would provide a more complete picture of their financial well - being.