Impairment of capital definition

Impairment of capital means that the minimum
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Impairment of capital means that the minimum surplus required to be maintained in s. 624.408 has been dissipated and the insurer is not possessed of assets at least equal to all its liabilities together with its total issued and outstanding capital stock, if a stock insurer, or the minimum surplus or net trust fund required by s. 624.407, if a mutual, reciprocal, or business trust insurer.
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Impairment of capital means that the net worth accounts in the aggregate of the association do not exceed 21/2% of withdrawable capital. A determination of impairment of capital may be made by the board of directors or the commissioner.
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Examples of Impairment of capital in a sentence

  • Capital assets Capital assets are recorded at cost and are amortized on a straight-line basis over their estimated useful lives as follows: Computer equipment 3 yearsOther equipment and animal structures 5 - 10 years Furniture 10 years Impairment of capital assets The Board reviews the carrying amount, amortization and useful lives of its capital assets regularly.

  • Impairment of capital equipment should be assessed by the university to comply with OSC guidelines for the CAFR reporting and GASB No. 42 standards.

  • Capital assets Capital assets are recorded at cost and are amortized on a straight-line basis over their estimated useful lives as follows: Computer equipment3 yearsOther equipment and animal structures5 - 10 yearsFurniture10 years Impairment of capital assets The Board reviews the carrying amount, amortization and useful lives of its capital assets regularly.

  • Impairment of capital work in progress mainly represent write-off of the master plan expenses (USD 1,010 thousand) related to Atyrau projects: the plans have significantly changed resulting in the previous plans obsolete.

  • Impairment of capital assets The Association monitors its use of capital assets and when the capital asset no longer has any long-term service potential to the Association, the excess of its net carrying amount over any residual value is recognized as an expense in the statement of operations.

  • On standalone basis Company has incurred losses which includes an exceptional item of Rs. 917.47 Lacs Contributed by Impairment of capital invested in a subsidiary company, Aranya Agribiotech LLP, resulting in Net loss of Rs. 807.46 Lacs during the Financial Year 2021-22.Company is operating in various businesses through specific subsidiary firms formed for each of the businesses.

  • Parent company20122011DKKK 1,000 Cost price 1 January281,682181,771Addition in the period099,911Cost price 31 December281,682281,682 Impairment 1 January00Impairment in the period47,0870Impairment 31 December47,0870Accounting value 31 December234,595281,682 Impairment of capital shares in Slovakia has been carried out due to impairment test, cf.

  • Capital assets Capital assets are recorded at cost and are amortized on a straight-line basis over their estimated useful lives as follows:Computer equipment 3 yearsOther equipment and animal structures 5 - 10 years Furniture 10 years Impairment of capital assets The Zoo reviews the carrying amount, amortization and useful lives of its capital assets regularly.

  • The Colonia resident, who was nominated by the wife of a patient, was praised for her careful explanations, her gentle touch and her intuitive care.

  • Impairment of capital assets When HLF determines that a capital asset no longer has any long-term service potential, the excess of the carrying amount of the asset over its residual value is recognized as an expense in the statement of operations.

Related to Impairment of capital

  • Cost of Capital means the Company’s weighted cost of equity plus its weighted cost of debt, expressed as a percentage, as determined by the Committee in a manner consistent with the Manual.

  • Return of Capital means the return of capital which occurs when a fund pays an amount to the shareholders or unitholders that is part of the capital of the fund rather than being a dividend or distribution paid out of amounts earned by the fund. This enables a fund to pay a set amount of distributions each year that may consist of, in part, dividends, and, in part, a return of share capital. The main benefit of return of capital distributions is that they are not immediately taxable when received. This makes it different from other types of distributions such as dividends.

  • Portion of Capital means, with respect to any Purchaser and its related Capital, the portion of such Capital being funded or maintained by such Purchaser by reference to a particular interest rate basis.

  • Description of Capital Stock and "Shares Eligible for Future Sale" in the Prospectus, insofar as such statements constitute a summary of documents referred to therein or matters of law, fairly summarize in all material respects the information called for with respect to such documents and matters.

  • Extraordinary Cash Dividend means any cash dividend with respect to the Common Stock the amount of which, together with the aggregate amount of cash dividends on the Common Stock to be aggregated with such cash dividend in accordance with the provisions of this paragraph, equals or exceeds the threshold percentage set forth in item (i) below. For purposes of item (i) below, the "Measurement Period" with respect to a cash dividend on the Common Stock shall mean the 365 consecutive day period ending on the date prior to the Ex-Dividend Time with respect to such cash dividend, and the "Relevant Cash Dividends" with respect to a cash dividend on the Common Stock shall mean the cash dividends on the Common Stock with Ex-Dividend Times occurring in the Measurement Period.

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