Operating Expenditure definition

Operating Expenditure means any expenditure treated as operating expenditure under GAAP;

Operating Expenditure means any expenditure by or in behalf of a medical care facility which, under generally accepted accounting principles, is properly chargeable as an expense of operation and maintenance and is not a capital expenditure.

Operating Expenditure means all operating and maintenance costs, expenses and liabilities (including inventory purchases) incurred by the Borrower and including any VAT in respect of any such amount (excluding any capital expenditure (other than maintenance capital expenditure)) and any other costs and expenses agreed between the COFACE Agent and the Borrower.

Examples of Operating Expenditure in a sentence

• Rental income is credited to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement.

• Any gain or loss arising on the disposal or abandonment of an intangible asset is posted to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement.

• At the commencement of the lease, the carrying amount of the asset in the Balance Sheet (whether Property, Plant and Equipment or Assets Held for Sale) is written off to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement as part of the gain or loss on disposal.

• Where there is a subsequent decrease to fair value less costs to sell, the loss is posted to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement.

• Any gain or loss arising on the disposal or abandonment of an intangible asset is posted to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement.Where expenditure on intangible assets qualifies as capital expenditure for statutory purposes, amortisation, impairment losses and disposal gains and losses are not permitted to have an impact on the General Fund Balance.

More Definitions of Operating Expenditure

Operating Expenditure means any expenditure treated as operating expenditure under GAAP.

Operating Expenditure means all Non Capital Costs relating to the provision of Services in respect of the Network.

Operating Expenditure any expenditure treated as operating expenditure under IFRS;

Operating Expenditure means all Non Capital Costs relating to the provision of Services in respect of the transportation of gas from Dubbo or any other Receipt Points to Users connected to the Pipeline.

Operating Expenditure meansa category of expenditure that a business incurs as a result of performing its normal business operations;

Operating Expenditure means expenditure (for example, in respect of the provision of staff or crew or the maintenance or operation of the relevant asset) of such a nature that the lessee or, as the case may be, his successor would or might have incurred it, otherwise than under any arrangements to finance his ownership, if he had been the owner of the asset;

Operating Expenditure every expenditure of any kind other than Capital Expenditure lawfully incurred by the Manager (or the appointees of the Manager) in the management, administration, financing (to be excluded from the calculation of PPL’s Profit share 1256/AAP/KJW 26/04/2004 in the Joint Venture unless PPL has elected in terms of clause 7.5 to have a Non-Contributory Participation Interest or if PPL has elected to have a Contributory Participation Interest and PPL undertakes debt financing) and operation and rehabilitation of the Mine, including all accruals and provisions, which would be deemed to be operating expenditure in conformity with good mining practice in South Africa and in accordance with internationally accepted accounting practice as well as the policies laid down by the Management Committee from time to time and including all obligations to pay royalties in terms of the PGM Rights and all smelting and refining charges of the Joint Venture, if any; “Ore” that part of the mineralised horizon that can be economically extracted. It includes amounts of non-mineralised material that CIS/AAP/669 Page 20. 1256/AAP/KJW 26/04/2004 are in direct contact with the mineralised portion and which must, of necessity due to the Mining method, also be removed in order to win the mineralisation;