Not exact matches
Internally, the Company's management uses these
measures to evaluate performance against historical results, to establish
financial targets on a consolidated basis and
for other reasons, which are discussed below.
These non-GAAP
financial measures are not in accordance with, or an alternative
for, generally accepted accounting principles and may be different from non-GAAP
financial measures used by
other companies.
Adjusted EBITDA has limitations as an analytical tool and should not be considered in isolation or as a substitute
for income from operations, net income or any
other measure of
financial performance reported in accordance with U.S. Generally Accepted Accounting Principles («GAAP»).
Non-GAAP
financial measures should be considered in addition to, but not as a substitute
for or superior to,
other measures of
financial performance prepared in accordance with GAAP.
The non-GAAP results should not be considered a substitute
for financial information presented in accordance with generally accepted accounting principles, and may be different from non-GAAP
measures used by
other companies.
You'll want to take special care to make it easy
for managers to compare sales revenue, profitability and
other key
financial measures against planned performance.
There's also the positive spin:
others in
financial markets see it as proof that past stimulus
measures have done their job in avoiding a «hard landing»
for the economy.
Other than projected free cash flow
for the year ending December 31, 2018,
for which a reconciliation is provided, we have not provided quantitative reconciliations of these forward - looking non-GAAP
financial measures to the most directly comparable forward - looking GAAP
financial measures because the excluded items are not available on a prospective basis without unreasonable efforts.
Therefore, we believe that the presentation of non-GAAP
financial measures that adjust
for the amortization of intangible assets provides investors and
others with a consistent basis
for comparison across accounting periods.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018
financial results; Gilead's ability to sustain growth in revenues
for its antiviral and
other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement
for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity
measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding
for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or
other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications
for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all,
for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over
other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or
other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and
other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
The Nigerian Senate's Committee on Banking and
Other Financial Institutions will examine bitcoin's suitability for investment and recommend measures to protect citizens from suffering financial losses as a result of trading the digit
Financial Institutions will examine bitcoin's suitability
for investment and recommend
measures to protect citizens from suffering
financial losses as a result of trading the digit
financial losses as a result of trading the digital asset.
These
measures are not substitutes
for their comparable U.S. GAAP
financial measures, such as net sales, operating income, diluted earnings per share, or
other measures prescribed by U.S. GAAP, and there are limitations to using non-GAAP
financial measures.
These
measures are not substitutes
for their comparable GAAP
financial measures, such as net sales, net income / (loss), diluted earnings per share, or
other measures prescribed by GAAP, and there are limitations to using non-GAAP
financial measures.
See schedule A-11
for a reconciliation of Adjusted EBITDA, Adjusted free cash flow and
other non-GAAP
financial measures.
Some would argue that by acting cautiously on balance sheet normalization (without actively countering impacts of ECB policy
measures), Fed policymakers have partially ceded control of
financial conditions to foreign monetary authorities, but the same can be said about
other central banks as well,
for long - term rates are correlated among advanced economies:
Absent growth, the only
other option
for restoring some
measure of
financial integrity and standard of living
for its citizens is to enact fiscal and structural reforms and restructure the existing burdensome debt, with the long - term goal of putting the island on a sustainable growth trajectory.
APRA chairman Wayne Byres said the report should provide important insights
for all
financial institutions «about the need to maintain a broad focus on all aspects of risk and stakeholder interest and not allow
financial success to mask or detract from
other important
measures of an institution's performance and risk profile».
By carefully
measuring the advantages and disadvantages of forming a corporation, and consulting with an accountant, attorney and / or
other financial professional, you can decide if incorporation is right
for your small business.
In plain terms, we are choosing to penalize our own energy industry with severe
financial measures, when
other jurisdictions like the U.S. are slashing taxes and red tape, rejecting carbon taxes, and calling
for expanded fossil fuel production due to growing global demand.
See schedule A-19
for a reconciliation of adjusted EBITDA, adjusted free cash flow and
other non-GAAP
financial measures.
The FOMC minutes show that members were split, with some calling
for caution on further rate hikes while
others expressed concern that delaying tightening
measures might fuel
financial instability.
Using what we call the «portfolio approach», examine all of your
financial assets and their relationship to each
other, what the goal is
for each, how it is to be
measured, etc..
The
financial measure used in the Executive Bonus Plan (as defined below)
for each of our named executive officers,
other than Mr. Fowler, is year - over-year growth in Oracle's non-GAAP pre-tax profits, as defined below.
Treasury chief executive Mike Clarke told The Australian
Financial Review that with large assets in California it was in a stronger position than
other global rivals even if there were changes in tariffs and
other measures that might make it more difficult
for exporters selling into the American market.
''... that all Member States shall immediately take the necessary
measures to prevent the direct or indirect supply, sale or transfer to the Libyan Arab Jamahiriya, from or through their territories or by their nationals, or using their flag vessels or aircraft, of arms and related materiel of all types, including weapons and ammunition, military vehicles and equipment, paramilitary equipment, and spare parts
for the aforementioned, and technical assistance, training,
financial or
other assistance, related to military activities or the provision, maintenance or use of any arms and related materiel, including the provision of armed mercenary personnel whether or not originating in their territories...»
The
measure would give undocumented immigrants access to the tuition assistance propgram and
other forms of
financial aid
for college.
«Despite growing public support
for this
measure, the Coalition Government continues to ignore this and any
other strategy which involves targeting those whose recklessness and greed caused the
financial crisis in the first place.»
In 2011, the Commonwealth passed legislation making it a crime
for recipients of social security to fail to report changes to their
financial circumstances to Centrelink (our social security agency) within 14 days (Social Security and
Other Legislation (Miscellaneous
Measures) Act 2011 (Cth)-RRB-.
In
other measures aimed at simplifying business procedures, Mr Redwood has called
for the scrapping of the 1974 Health and Safety at Work Act, a reduction in regulation requirements in the
financial services industry and a simplified system
for submitting tax records.
Assemblyman Robin Schimminger, a Democrat from Buffalo who chairs his chamber's economic development committee, supported the funding
for Western New York but has been pushing
other reforms, including a
measure that would require members of the regional councils to formally file
financial disclosure forms currently required of lawmakers and
other officials.
The Greens make no bones about who will pay
for it — they will introduce a 2 % wealth tax on the top 1 %; a Robin Hood tax on
financial transactions; increase corporation tax from 20 % to 30 %; increase fuel duty on aviation; impose an additional 60 % top rate income tax band and a plethora of
other measures.
Furthermore, «the state can not use general arguments of public policy, fiscal discipline or refer to
other financial or economic gains, but instead must prove that
other rights provided
for under the Covenant have been improved by the
measure».
Back in 2002 a group of educational travel companies came together and pioneered a robust verification scheme which featured an audit of all members every year by independent experts By
measuring against a comprehensive code of practice that had been developed with, amongst
others, health & safety experts, teachers» unions», head teachers» associations, outdoor advisors and top legal advice, the audit ensures all aspects of a company's business was examined, this includes worldwide health & safety management,
financial security, consumer protection, fair terms and conditions and,
for when it does go wrong, a commitment to independent arbitration.
Policies,
financial plans, accountability
measures and incentive structures support the use of ICT and
other digital resources
for both learning and district / school operations.
In addition, potential district contractors are able to promote school bond
measures through California's Coalition
for Adequate School Housing (C.A.S.H.), whose membership «contains over 1,500 school districts, county offices and private sector businesses, including architects, attorneys, consultants, construction managers,
financial institutions, modular building manufacturers, contractors, developers, and
others that are in the school facilities industry... C.A.S.H. has sponsored or supported over $ 52 billion in statewide school bonds to build and / or modernize thousands of schools.»
Other career assignments included acting Manager, ATO Performance
Measures Division, acting Deputy Director Operational Evolution Staff, and Manager, Resource and
Financial Management
for the Free Flight Program Office.
Please refer to the non-GAAP
financial tables attached to this press release
for supporting details on special one - time items and
other financial measures included in this release.
Credit scores do nothing more than give a probability that a borrower will make good, based primarily on his history of paying
other people back, but also considering such
measures of
financial stress as how many times he has asked
for a loan recently and the credit lines to credit used ratio mentioned above.
There are plenty of
other smaller personal finance
measures that have been ably covered by the above - named
financial journalists and
other media, such as extended compassionate care and simplified rules
for non-registered accounts holding under $ 250,000 in foreign property.
In general, EMH operates on the assumption that
financial results
for all corporations
other than investment companies are to be
measured strictly by Going Concern standards; while portfolio results
for an investor in those corporations» securities are to be
measured strictly by Resource Conversion standards.
Using data to show how widely popular football is in the United States by
financial and
other measures, our infographic depicts the key reasons football fans are a high priority target
for scams: the sheer numbers of potential victims and the amount of money in play.
The researchers focused on 18 - to 22 - year - olds in Georgia, Idaho and Texas — three states which implemented state - mandated
financial literacy courses that first
measured results
for the class of 2007 without making any
other significant changes to their schools» coursework.
The Bloomberg Barclays U.S. Aggregate Bond Index (the «Index») is designed to
measure the performance of the U.S. dollar denominated investment grade bond market, which includes investment grade (must be Baa3 / BBB - or higher using the middle rating of Moody's Investors Service, Inc., Standard & Poor's
Financial Services, LLC, and Fitch Inc.) government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage backed securities and
other asset backed securities that are publicly
for sale in the United States.
Yet
for all of your
other clients, the best performance benchmark is
measuring their timely progress toward
financial goals; the second - best benchmark is an index that is similar to the asset mix within their portfolio.
In addition to emergency needs, there may also be opportunities
for financial assistance with population control
measures that include spay and neuter as well as
other resources.
At a Party meeting the same day the report was released, President Hu Jintao called
for intensified efforts to save energy, including price, tax and
other financial measures to promote energy saving and curb wasteful use.
These programs and policies may include
financial incentives, funding
for research and development, and
other measures to accelerate the deployment of alternative energy technologies.
Divide the company's GHG footprint by its contribution to GDP, as
measured by gross profit (or EBITDA + Operating Expenditures
for nonprofits or startups and
other cases when a company is not generating revenue) divided by world GDP, and approximate growth rates through 2050 using analyst or internal
financial forecasts to derive the Carbon Intensity Reduction Rate.
Bolivia draws strongly and explicitly upon ethical justifications
for requiring deep cuts in national ghg emissions by
other nations, together with
financial contributions and holistic mitigation and adaptation
measures, capable of both reducing poverty and vulnerability to climate change yet has not identified an equity framework that could be applied at the global scale.
«We are also asking
for debt relief and
other financial measures, especially
for the least developed countries when they face catastrophic loss,» said Singh.