Sentences with phrase «operating leases for»

Although FASB cites data that values leasing activity at $ 640 billion in 2008, other industry sources estimate that current volume as high as $ 1.3 trillion in operating leases for U.S. firms alone.
Advising on leveraged finance and operating leases for various assets, including mining equipment for Leighton Holdings and Felix Resources, merchant vessels for Toll Holdings and rolling stock for the Hillside, Bayside and Swanston rail franchises in Victoria
The synthetic lease is treated as an operating lease for general accounting purposes.

Not exact matches

Best known for its NASCAR racing team, Penske is actually a worldwide conglomerate that operates car and truck dealerships, car rental and leasing agencies and a logistics company, among other units.
Actual operational and financial results of SkyWest, SkyWest Airlines and ExpressJet will likely also vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of other reasons, including, in addition to those identified above: the challenges and costs of integrating operations and realizing anticipated synergies and other benefits from the acquisition of ExpressJet; the challenges of competing successfully in a highly competitive and rapidly changing industry; developments associated with fluctuations in the economy and the demand for air travel; the financial stability of SkyWest's major partners and any potential impact of their financial condition on the operations of SkyWest, SkyWest Airlines, or ExpressJet; fluctuations in flight schedules, which are determined by the major partners for whom SkyWest's operating airlines conduct flight operations; variations in market and economic conditions; significant aircraft lease and debt commitments; residual aircraft values and related impairment charges; labor relations and costs; the impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated factors.
In a triple net, or NNN, lease, the landlord bills separately for taxes, insurance, and operating expenses or common area maintenance, or CAM.
Production costs for the first quarter of 2018, which include lease operating expenses («LOE»), production taxes and transportation, gathering and processing expenses («TGP»), were $ 57.1 million, or $ 6.41 per Boe, compared to $ 38.1 million, or $ 5.74 per Boe, for the comparable 2017 period.
After Hypur has collected all the licenses and documents and has proved the company is legally operating in the state, the system creates automated notifications and red - flag triggers for when a license or lease will expire to make sure the client does not fall out of compliance.
One economist's investigation into the St. Louis MetroLink in 2004 found that it would have been cheaper to provide every new mass transit rider on the MetroLink with a leased Toyota Prius, plus a US$ 6,000 per year grant for operating expenses, than to subsidize the LRT.
Once the QES transaction is complete, your retirement funds are now available to the corporation to begin operating and paying for business expenses, like buying equipment, leasing space, franchise fees, hiring employees, etc..
«The West Tower is fully leased, and will soon generate the annualized net operating income required to be entirely self - sustaining, putting MaRS on stable footing for decades to come.
«If I end up with a five - year lease in a place I can't operate out of, that doesn't work for anyone,» Stallworth said.
HPFS gross margin decreased for the three and nine months ended July 31, 2011 due primarily to lower portfolio margins from a higher mix of operating leases and higher transaction taxes, the effect of which was partially offset by higher margins on lease extensions and lower bad debt expense as a percentage of revenue.
We primarily operate out of recently renovated Terminal Two at SFO under an operating lease extending through June 2021, with occasional use of a gate in the international terminal for incoming flights from Mexico.
Lease expenses for the Company's office spaces and vehicles under operating leases were $ 12,500, $ 24,207 and $ 29,232 for the years ended December 31, 2007, 2008 and 2009, respectively.
Operating leases - On May 15, 2017, the Company entered into a lease agreement with Gregory Hannley or Soba Living, LLC for the rental of office space.
Use the Funds to Operate Your Business Once the QES transaction is complete, your retirement funds are now available to the corporation to begin operating and paying for business expenses like buying equipment, leasing space, franchise fees, hiring employees, etc..
In today's UK market, the cap rate distribution curve has flattened out, consumer and wage inflation is out of synch, and investors are not getting paid enough to take core risk as there is little prospect for net operating income (NOI) growth in the current lease regime.
But if a small business uses its bank just for its operating line and then arranges a separate transaction for equipment with a leasing company, it will automatically double its borrowing capacity.
An operating lease is the contract requiring a company to make regular payments in exchange for renting property or equipment.
Due to the matching principle, in which expenses are only recognized in the period in which they help to create revenue, operating lease expenses will only be expensed for that period.
Operating leases are a great way for businesses to set up operations without investing in fixed assets.
If you purchase this equipment, the amount of Additional Funds for the 3 months operating expenses would also be adjusted to reflect that you will not make 3 monthly equipment lease payments, but your total initial investment will be substantially higher than we have estimated.
Under a lease agreement, Bombardier will continue to operate from Downsview for up to three years following the closing of the deal.
A change to the way operating leases are treated in company accounts will have real - world implications for some retailers.
(d) Impairment and other lease charges for the three months ended October 1, 2017, primarily include impairment charges for six Pollo Tropical restaurants that closed in September 2017, six additional Pollo Tropical restaurants and two Taco Cabana restaurants that the Company continues to operate, and other lease charges, net of recoveries, for restaurants closed in the third quarter of 2017 as well as adjustments related to previously closed restaurants due to lease terminations and assignments.
Impairment and other lease charges for the nine months ended October 1, 2017, primarily include impairment charges for 36 Pollo Tropical restaurants closed in 2017, seven of which were impaired in 2016, impairment charges for four Taco Cabana restaurants closed in July 2017, impairment charges with respect to six Pollo Tropical restaurants and five Taco Cabana restaurants that the Company continues to operate, impairment charges related to a restaurant closed in 2016 as a result of the decision not to convert the location to a Taco Cabana restaurant, and other lease charges, net of recoveries, related to restaurants closed in 2017 as well as previously closed restaurants.
(a) Impairment and other lease charges for the three months ended October 1, 2017, primarily include impairment charges for six Pollo Tropical restaurants that closed in September 2017, six additional Pollo Tropical restaurants and two Taco Cabana restaurants that the Company continues to operate, and other lease charges, net of recoveries, for restaurants closed in the third quarter of 2017 as well as adjustments related to previously closed restaurants due to lease terminations and assignments.
The Golf Dome is proposed as a joint public - private venture in which the Park District would lease its Sportsman's Country Club property for 15 years to the firm, and both entities would manage and operate the facility.
The lease with Fort Schuyler Management Corp. calls for NexGen to create 577 jobs in 10 years, paying an average of $ 51,000 a year, according to board chairman Robert Megna, chief operating officer of the state university system.
For the first time, the privately operated schools will be eligible for government funds to cover the costs of leasing classroom space in private buildings, Albany sources saFor the first time, the privately operated schools will be eligible for government funds to cover the costs of leasing classroom space in private buildings, Albany sources safor government funds to cover the costs of leasing classroom space in private buildings, Albany sources said.
«Right now, if you operate in New York City and your lease comes up for renewal, [landlords] can jack up your rent three, four, five times what is was, and [then] the property sits vacant for a long time.»
Right now, if you operate in New York City and your lease comes up for renewal, [landlords] can jack up your rent three, four, five times what is was, and [then] the property sits vacant for a long time,» he said.
The HK Nicaragua Canal Development Investment Company (operating as HKND Group) signed a 50 - year lease, renewable for another 50 years.
Among the states, Minnesota (home of the nation's first charter law), Florida, and California allocate some financial assistance for lease payments to charter schools on a per - pupil basis, similar to the way in which operating funds are distributed.
As a proud member of the BVRLA (British Vehicle and Leasing Association), we work conduct our operations within agreed business operating standards for the vehicle leasing industry.
Although no specific prohibition against finance leases is contained in the Education Act 2002 or the School Finance Regulations for maintained schools, nor under the Academies Act 2010 for academies, finance leases (as distinct from operating leases) are identified in the Prudential Code for Capital Finance in Local Authorities as «credit arrangements» for capital finance.
However, for schools, government policy treats an operating lease as a hiring agreement, but a finance lease is treated as a borrowing agreement for capital finance.
Any type of equipment can be leased but typically it is a single expensive item such as a photocopier, or several items which operate together as a system, such as a telephone switchboard and the handsets for each of the extensions connected.
In almost every case these requirements preclude use of finance leases in state schools, although some might argue that finance leases can offer better value for money than operating leases.
Operating & finance leases Operating leases are useful if the lessee needs the equipment to be updated or replaced frequently as: they run for shorter, specific periods shorter than the full economic life of the asset; the lessee is not liable for financing of the asset's full value; the lessee has use of the equipment, but not full ownership; and because the residual value belongs to the lessor.
In summary, the distinction in accounting treatment under IAS 17 is that for an operating lease, the customer lessee records only expenses, not a balance sheet item.
How to lease well Before obtaining quotations or conducting a tender procedure for equipment, the school or academy should conduct normal good practice pre-procurement steps as for any other procurement, such as: a pre-procurement review, identification of the school's requirements; preparation of a statement of requirements in a form suitable for use as the specification for the invitation to tender; preparation of evaluation criteria; and careful consideration of the cost of leasing against the cost of an outright purchase, is the item in question suitable for an operating lease, will it need replacing frequently and what are the associated costs?
He goes on to say that CIOs who were once excited to save on the capital expense of building or leasing more of their own data centers are now starting to see the long - term impact of the operating expense costs for things like Box, Amazon Web Services, or Microsoft.
However when the Department for Education (DfE) sets its own regulations on leasing, limiting schools to expensive operating leases rather than finance leases, school's hands are tied.
Nor does KIPP have specific requirements for its facilities, and KIPP schools operate in everything from new buildings to leased space in shopping centers.
In its «Guidance on the use of Leases by Schools», the Department for Education states that «an operating lease is the only type of lease a school should enter into.»
It is important to note that the test for whether a lease is a finance lease or an operating lease depends on the substance of the transaction rather than its form (or description).
Operating and finance Also be aware that there are two main types of leases — operating and finance — a general difference of which is that an operating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the leasOperating and finance Also be aware that there are two main types of leasesoperating and finance — a general difference of which is that an operating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the leasoperating and finance — a general difference of which is that an operating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the leasoperating lease would be used if the customer only needed the equipment for a certain period rather than its entire working life, whereas under a finance lease, the full value of the item would be paid over the lease period.
Peter HIll from law firm Geldards LLP advises on the various leasing options for school managers, and explains the differences between finance and operating leases
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