Sentences with phrase «year accounting deficit»

Not exact matches

On the data front, fourth - quarter current account figures showed the deficit fell, hitting its lowest level in more than a year, as an increase in the primary income surplus offset a soybean - driven drop in exports.

Let's start with the U.S., a country which might need this year some $ 500 billion of foreign savings to finance its expected current account deficit.

WHAT THEY DID: An earlier version of the Senate plan would increase deficits by roughly $ 1 trillion over 10 years, even when taking into account additional economic growth forecast with the tax cuts, the Joint Committee on Taxation said last week.

While Republican leaders and Trump administration officials promised as recently as three weeks ago that the bill would pay for itself with economic growth, the analyses have been universal: They have shown that the bill would add roughly $ 1 trillion or more to the federal deficit over 10 years, even when accounting for the growth.

If you look back over the past 20 years, you will see that the Australian current account deficit has fluctuated between about 3 1/2 per cent and 6 1/2 per cent of GDP.

Past deficits / surpluses would not be taken into account when calculating the rate for the next five years.

The Chief Actuary calculates a «break - even» rate for the upcoming year, taking into account, projected benefits and administration costs for the upcoming year as well as past deficits / surpluses in the EI Aaccount, projected benefits and administration costs for the upcoming year as well as past deficits / surpluses in the EI AccountAccount.

However, it should be noted the EI Account is forecast to generate an annual surplus of about $ 4 billion in 2015 - 16), as current legislation requires that premium rates be kept high to compensate for previous years» deficits in the Account.

Given the current deficit in the EI Account and the new proposed annual change limit, the only option the CEIFB has is to recommend annual changes of 10 cents for at least the next five years if not longer.

The Chief Actuary is required to calculate a «break - even» rate for the upcoming year, taking into account projected benefits and administration costs for the upcoming year as well as past deficits / surpluses in the EI Aaccount projected benefits and administration costs for the upcoming year as well as past deficits / surpluses in the EI AccountAccount.

In our opinion, the accompanying Consolidated Balance Sheets and the related Consolidated Statements of Operations, Comprehensive Income (Loss), Redeemable Convertible Preferred Stock and Stockholders» Equity (Deficit), and Cash Flows present fairly, in all material respects, the financial position of Fitbit, Inc. and its subsidiaries at December 31, 2013 and December 31, 2014, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2014 in conformity with accounting principles generally accepted in the United States of America.

The Board must take into account previous years» deficits / surpluses (backward focus) rather than just focusing on setting a «break - even» for the upcoming year.

In this edition of Graphic Intelligence we see how, restated to its true value in accordance to commonly accepted accounting standards, the Ontario baseline deficit in the upcoming 2018/2019 fiscal year would be about $ 7 billion, growing to a projected $ 10 billion in four years — and this before any new spending in the 2018 budget.

In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, redeemable non-controlling interest, redeemable convertible preferred stock and stockholder's deficit and cash flows present fairly, in all material respects, the financial position of Zipcar, Inc. and its subsidiaries (the «Company») at December 31, 2008 and 2009, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2009 in conformity with accounting principles generally accepted in the United States of America.

In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, comprehensive loss, redeemable convertible preferred stock, convertible preferred stock and stockholders» deficit, and cash flows present fairly, in all material respects, the financial position of Twitter, Inc. and its subsidiaries (the «Company») at December 31, 2012 and 2011, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2012 in conformity with accounting principles generally accepted in the United States of America.

The impact of higher oil prices on the country's current account deficit and inflation rate, the Indian banking system's struggles with demonetization, scandals, bad loans and a government looking ahead to next year's general election have all taken a toll on investor sentiment.

However, the deficit has been eliminated by the decision to continue to run a surplus of over $ 3 billion per year in the Employment Insurance account until 2017.

In both 2014 - 15 and 2015 - 16, annual surpluses in the Employment Insurance Operating Account have reduced the deficits in those years by about $ 4 billion.

However, under current legislation, once the cumulated deficit in the Account has been eliminated, EI premium rates will need to be reduced by a maximum of 10 cents per year.

Over the last 10 years, the U.S. current account deficit has been cut roughly in half, and a large part of that improvement has been a function of surging U.S. domestic oil production.

Our reading of the results to date, coupled with the absence of any large liabilities to be booked in the end - of - year accounting period, would imply a deficit for 2010 - 11 of about $ 38.5 billion, about $ 7 billion lower than the deficit of $ 45.4 billion forecast in the October 2010 Update.

The widening in the current account deficit that we expect in 1998/99 will be the fifth such cyclical widening in the past 20 years, and I think that people now accept this as a part of our economic cycle.

Correspondingly, the current account deficit has also widened over the past couple of years, although the deficit for the September quarter, at around 6 per cent of GDP (assuming that the net income deficit remains constant as a share of GDP), is likely to have been smaller than in the previous quarter.

In contrast to other movements in the current account deficit during recent years, which were mainly the result of fluctuations in Australia's trade balance, the most recent increase largely reflected rising payments on Australia's stock of net foreign liabilities — the net income deficit (Graph C1).

That is a tough balancing act for a country that relies on foreign capital to finance its current account deficit - which has doubled to $ 55 billion over the last few years, according to Citigroup - but where the government says three in five children are stunted from malnutrition.

In fact, the US current account deficit has been relatively easily financed despite it continuing for fifteen years and reaching 6 per cent of GDP.

«The thing that always worries me about Australia is that it runs a current account deficit, and that is even after god knows how many years of the most awesome commodity price increases you have ever seen,» Mr Buckland told The Australian Financial Review.

If at any time during the fiscal year it appears, from cash flow projections or other generally accepted accounting principles, that the revenues available, as projected through the end of the fiscal year, will be insufficient to meet either (a) the amounts appropriated, or (b) expenses anticipated to be incurred through the end of the fiscal year, such that the cumulative effect thereof is a projected year - end deficit in excess of fifty percent of the County's undesignated, unreserved fund balance as of the end of the immediately preceding fiscal year, the County Executive or the Comptroller shall submit a report to the Legislature setting forth the estimated amount of the deficit with appropriate details and explanations.

Double digit current account deficits for two years in a row, and, most probably, three years in a row, since the pointers are in that direction for 2014; 5.

With low net international reserves, a double digit fiscal deficit, double digit current account deficit, and double digit inflation, Ghana may have to pay a very high interest rate, possibly, a double digit interest rate, for any sovereign bond issued this year.

The audit, released on Thursday, said that the city, after failing to account for a $ 1.3 million deficit, passed an unbalanced budget in 2010 that created a new $ 6 million cash deficit which was closed the following year with a 41 percent tax levy increase.

The county's operating deficit, based on Generally Accepted Accounting Principles, was $ 189.2 million in fiscal year 2014 and is projected to hit $ 188.2 million in 2015, $ 211.4 million in 2016, $ 302.1 million in 2018 and in 2019, a staggering $ 351.3 million.

For 2001 - 2002, for example, Shivers's analysis showed income of just $ 28.3 million and a deficit of $ 7.8 million, which would deplete the dean's account within a few years.

An analysis of academy accounts by Schools Week found the deficit for the LGPS, a defined contribution benefit scheme for non-teaching staff including school business leaders and teaching assistants, is growing every year as chains expand and returns on investment fail to improve.

In its most recent forecast, the Bank of Canada predicted the economy would grow by 1.4 per cent this year, but that did not account for the new spending in the budget, which forecasts a deficit this year of nearly $ 30 billion.

A new factor that was only partially understood by me two years ago has become a bigger factor: rising inflation in countries that fund the US current account deficit.

While the relationship between economic deficits and surpluses is actually an accounting identity, some observers have argued that the surge to record profit margins in the past few years (mirroring the reduction in government and private saving over the same period) is actually a permanent reflection of higher profit margins from international sales.

Just a guess, but after Japan's Current Account goes into deficit for ~ 2 years, the big adjustment down in the Yen will happen.

Put another way, the Fed's contributions alone are probably accounting for about half of this year's deficit reduction.

In order to properly use Monte Carlo in retirement planning, dozens to hundreds of inputs need to change to reach a Real World probability number: Life expectancy, age of retirement, investment payouts, yields vs. share selling, investment returns, inflation, income goals, Social Security, all of the types of taxes, pension payouts, annual cash flow surpluses and deficits, random earned incomes, replacing vehicles every ten years, allocation mix changes over time; and then duplicate all of that for every investment individually, then for the spouse, then account for all of that compounding in every year, and the list goes on and on.

The accounts show that the firm, which is due to merge with CMS Cameron McKenna and Olswang on 1 May next year, paid in # 4.4 m into the scheme during the last financial year in a bid to clear the deficit more quickly than a 19 - year recovery plan agreed in 2014.

While driver creep could account for some performance deficits — the Falcon was reviewed early last year, the Maingear in the middle of last year — the scaling from the Titan X cards shows diminishing returns.

LONDON (Reuters)-- Britain's current account deficit was much smaller than expected last year, its statistics office said on Thursday, potentially easing concerns about the country's reliance on...