statutory Revenue for the month is N540.
After this important announcement of Surplus, Pak-Qatar Family Takaful Limited will now become the only Takaful Operator in the country, which has been consistently declaring distributable
surplus for Individual Family Takaful, every year, over the past nine years of its operations.
After the closing of the Transaction on 1 November 2016, if the distributable
free cash flow generated by the Rustenburg Operations is negative in 2016, 2017 or 2018, there will be a downwards adjustment to the Upfront Proceeds received up to ZAR 267m per annum, or a lesser amount required to reduce any negative distributable
free cash flow to zero.
o BGC anticipated distributable
earnings revenues to increase by between approximately 33 percent and 41 percent and to be between USD685 million to USD725 million, compared with USD515.
to partners for 2015 was PS593 million, compared with PS554 million in 2014.
The continued growth in distributable
profits was driven by a growth in EBITDA, the company said.
Our study focuses on a non-GAAP performance measure labeled distributable
cash, which purports to represent the amount of cash a flow-through entities such as a REIT is capable of distributing to its investors on a sustaining basis.
As a result of the Lakeshore acquisition, distributable
cash flow per unit is expected to increase by approximately 6% on an annualized basis.
When the Company has achieved Distributable
Profits for a full financial year it will be able to pay a dividend to its shareholders.
Any balance of Distributable
Shares held in Potash by Image as trustee for the IST after the distribution will vest absolutely in the shareholder of Potash then holding the largest single parcel of Potash shares.
The partnership's distributable
cash flow increased to $32.
The regulations revise the definition of trust accounting income under IRC section 643(b) and clarify the inclusion of capital gains in distributable
net income under section 643(a)-3.
This amount will be accounted for as an extraordinary item for the quarter ending September 30, 2004, will be included in distributable
cash for the period and will be used to pay down debt.
At the same time, it creates additional distributable
reserves, which will give Land Securities Group greater ongoing flexibility as we pursue our strategy to secure enhanced returns from property while remaining conservatively financed,' he said.
A private foundation has two tax years to make qualifying distributions--the year for which the distributable
amount is calculated and the succeeding tax year.