Balance Sheet Equity definition

Balance Sheet Equity means – the consolidated equity according to the international finance reporting standards (IFRS), and including minority rights, capital note and shareholders’ loans which are inferior to the rights of Holders of Debentures (Series C). For the purpose of this clause, a shareholders’ loan shall be considered as inferior to the Debentures only if according to its terms – (a) the repayment of a loan shall be conditioned on the fact that immediately upon the actual repayment of the loan, the Company shall meet the financial standards pertaining to the performance of a distribution; and (b) in case of declaring immediate repayment of the Debentures (Series C) or in case of liquidation, it shall be repaid only after the complete repayment of the Debentures (Series C).
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Balance Sheet Equity and “Net Worth” means, with respect to Borrowers, (a) the book value of all assets of Borrowers, taken on a consolidated basis, in accordance with GAAP, minus (b) all of Borrowers’ Total Indebtedness, all as determined in accordance with GAAP.
Sample 1
Balance Sheet Equity means (i) the amount listed on the total shareholders' equity line of the balance sheet contained in the Company's most recent quarterly or year-end filing pursuant to Section 13 of the Exchange Act or any audited financial statement, minus (ii) $5,000,000.
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Examples of Balance Sheet Equity in a sentence

  • The aggregate amount of capital deficiencies in all subsidiaries which are not included, in the regulatory scope of consolidation i.e., that are deducted: Name of the Subsidiaries / Country of IncorporationPrincipal activity of the entityTotal Balance Sheet Equity (as stated in the accounting balance sheet of thelegal entity)% of the bank’s holding in the totalequityCapital deficiencies Not applicable e.

  • After providing for corporate tax, Profit after Tax for the current year was Rs. 2.23 crores (previous year Rs.2.04 crores).B) Balance Sheet Equity & ReservesThe Company's net worth as on 31st March, 2017 stood at Rs. 28.42 crores comprising of an Equity component of Rs. 2.40 crores and Reserves & Surplus of Rs. 26.02 crores - a book value of Rs. 118 per share (previous year Rs. 109 per share).

  • The aggregate amounts (e.g. currant book value) of the Bank’s total interests in insurance entities, which are risk weighted:(Rs. in Crore)Name of the insurance entities / Country of IncorporationPrincipal activity of the entityTotal Balance Sheet Equity (as stated in the accounting balancesheet of the legal entity)% of the bank’s holding in the total equity/ proportionof voting powerQuantitative impact on regulatory capital of using risk weighting method vs.

  • Regarding the Balance Sheet: Equity totaled COP 27.1 billion, increasing 12%, due to the combinate effect of higher total comprehensive income and the record of surpluses to the Municipality of Medellín for $1.49 billion, $ 812 thousand million ordinary and $ 677 thousand million extraordinary, paying the total during the period.

  • The aggregate amounts (e.g. currant book value) of the Bank’s total interests in insurance entities, which are risk weighted: Name of the insurance entities / Country of IncorporationPrincipal activity of the entityTotal Balance Sheet Equity (as stated in the accounting balance sheet of the legal entity)% of the bank’sholding in the total equity/ proportion of voting powerQuantitative impact on regulatory capital of using risk weighting method vs.

  • After providing for corporate tax, Profit after Tax for the current year was Rs. 3.47 crores (previous year Rs. 3.52 crores).B) Balance Sheet Equity & ReservesThe Company's net worth as on 31st March, 2019 stood at Rs. 33.43 crores comprising of an Equity component of Rs. 2.40 crores and Reserves & Surplus of Rs. 31.03 crores - a book value of Rs. 139 per share (previous year Rs. 130 per share).

  • Off-balance sheet equity of Investment Accountholders by counterparty type The following table summarises the percentage of financing for each category of counterparty to total financing as of: Counterparty type31 December202131 December2020 On balance sheet jointlyfinanaced assets* OthersBanksCorporateSovereigns22.86%62.87%14.27% * Funds received under "Wakala" contracts are commingled or invested under multi level arrangements in " On Balance Sheet Equity of Investment Accountholders.

  • Off-balance sheet equity of Investment Accountholders by Islamic product type The following table summarises the breakdown of Off-balance sheet equity of IAH by type of islamic financing contracts as of: Islamic products 31 December202131 December2020 On balance sheet jointlyfinanaced assets* OthersReceivablesInvestments85.73%14.27% * Funds received under "Wakala" contracts are commingled or invested under multi level arrangements in " On Balance Sheet Equity of Investment Accountholders.

  • Based on the pro forma statement of financial position, the ratio of the Company’s equity (which the Company calculated in line with the definition of Balance Sheet Equity in the Series B Deed of Trust) to balance sheet as at June 30, 2020 was 31.1%.

  • Therefore in NW London there is an ambition of achieving sustainable General Practice that is supported to deliver the services and high quality that local people need.

Related to Balance Sheet Equity

  • Balance Sheets shall have the meaning set forth in Section 5.7(a).

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Off-Balance Sheet Liability of a Person means (a) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (b) any indebtedness, liability or obligation under any so-called “synthetic lease” transaction entered into by such Person, or (c) any indebtedness, liability or obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person (other than operating leases).

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • SEC Off-Balance Sheet Rules means the Disclosure in Management’s Discussion and Analysis About Off-Balance Sheet Arrangements, Securities Act Release No. 33-8182, 68 Fed. Reg. 5982 (Feb. 5, 2003) (codified at 17 CFR pts. 228, 229 and 249).

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Off-Balance Sheet Obligations With respect to any Person and any date, to the extent not included as a liability on the balance sheet of such Person, all of the following with respect to such Person as of such date: (a) monetary obligations under any financing lease or so-called “synthetic,” tax retention or off-balance sheet lease transaction that, upon the application of any Insolvency Laws, would be characterized as indebtedness, (b) monetary obligations under any sale and leaseback transaction that does not create a liability on the balance sheet of such Person, or (c) any other monetary obligation arising with respect to any other transaction that (i) is characterized as indebtedness for tax purposes but not for accounting purposes, or (ii) is the functional equivalent of or takes the place of borrowing but that does not constitute a liability on the balance sheet of such Person (for purposes of this clause (c), any transaction structured to provide tax deductibility as interest expense of any dividend, coupon or other periodic payment will be deemed to be the functional equivalent of a borrowing).

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Balance Sheet Date has the meaning set forth in Section 3.06.

  • Interim Balance Sheet Date has the meaning set forth in Section 3.06.

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of September 30, 2021, as presented in the Information Statement made available to the Record Holders.

  • Off-Balance Sheet Obligation means, with respect to any Person, any Obligation of such Person under a synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing classified as an operating lease in accordance with GAAP, if such Obligations would give rise to a claim against such Person in a proceeding referred to in Section 6.01(h).

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2019 set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2019.

  • Company Balance Sheet Date means December 31, 2014.

  • Unaudited Interim Balance Sheet has the meaning set forth in Section 2.4(a) of this Agreement.

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Most Recent Balance Sheet Date has the meaning set forth in Section 4.6 hereof.

  • Net Equity ’ means, subject to such rules and regulations as the Commission pro- mulgates under the Act, with respect to the aggregate of all of a customer’s accounts that such customer has in the same capacity—

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).