Consolidated Net Loss mean, respectively, with respect to any period, the aggregate of the net income (loss) of the Person in question for such period, determined in accordance with GAAP on a consolidated basis, provided that there shall be excluded (i) the income of any unconsolidated Subsidiary and any Person in which any other Person (other than Company or any of the Subsidiaries or any director holding qualifying shares in compliance with applicable law or any other third party holding a de minimis number of shares in order to comply with other similar requirements) has a joint interest, except to the extent of the amount of dividends or other distributions actually paid to Company or any of its Wholly-Owned Subsidiaries by such Person during such period and (ii) the cumulative effect of a change in accounting principles (for the avoidance of doubt, all income of Unrestricted Entities shall be excluded from Consolidated Net Income).

Consolidated Net Loss mean, respectively, with respect to any period for any Person, the aggregate of the net income (loss) of such Person for such period, determined in accordance with GAAP on a consolidated basis, provided that the net income (loss) of any other Person which is not a Subsidiary shall be included in the Consolidated Net Income of such Person only to the extent of the amount of cash dividends or distributions paid to such Person or to a consolidated Subsidiary of such Person. There shall be excluded from Consolidated Net Income (a) non-cash extraordinary losses as long as no reserve is required to be established in accordance with GAAP and (b) the excess (but not the deficit), if any, of (i) any gain which must be treated as an extraordinary item under GAAP or any gain realized upon the sale or other disposition of any real property or equipment that is not sold in the ordinary course of business or of any capital stock of a Subsidiary of such Person over (ii) any loss which is not excluded pursuant to subsection (a) above.

Consolidated Net Loss for any fiscal period, means the amount which, in conformity with GAAP, would be set forth opposite the caption "net income" (or any like caption), as the case may be, on a consolidated statement of earnings of the Borrower and its Subsidiaries, if any, for such fiscal period.

Examples of Consolidated Net Loss in a sentence

The Borrower will not permit Consolidated Net Worth at the end of any fiscal quarter of the Borrower to be less than the sum of (i) $6,900,000,000 and (ii) 40% of Consolidated Net Income for each completed fiscal year of the Borrower ending after the Effective Date and on or prior to the end of such fiscal quarter (without any deduction for any fiscal year as to which there is a Consolidated Net Loss).
The Consolidated Net Loss in Financial Year 2020-21 is ` 11,720.71 Lakh over the previous year Net Profit of ` 659.13 Lakh.State of Company’s Affairs SPML Infra Ltd.
The Consolidated Net Loss before exceptional items for the quarter stands at Rs 744 crore.
Summary.pdf Late Item Reports 10.02 12-19 Quotation for Elevated Work Platforms DEPARTMENT: Works & Services RESPONSIBLE OFFICER: Brett Harris; Work Fleet Manager FILE NO: BCS/TAQ/2012/12-19 DATE: 13th September 2012 LINK TO COUNCIL PLAN/S: 2012/2013 Budget 1.
GAAP Consolidated Net Loss – GAAP Consolidated Net Loss was $31.2 million for the first quarter of 2018, declining $1.3 million compared to the same quarter last year and improving $60.9 million from the fourth quarter of 2017, driven primarily by costs associated with outstanding legacy issues of $17.0 million and class action settlement of $77.25 million during the first quarter of 2018 and the fourth quarter of 2017, respectively.

More Definitions of Consolidated Net Loss

Consolidated Net Loss mean, respectively, for any period and for any Person, the net income (loss) of such Person and its Subsidiaries for such period determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded for any such Person therefrom (i) the income or loss of any Person (other than consolidated Subsidiaries of such Person) in which any other Person (other than such Person or any of its Subsidiaries) has a joint interest, except to the extent of the amount of dividends or other distributions actually paid to such Person or any of its Subsidiaries by such Person during such period, (ii) the cumulative effect of a change in accounting principles during such period, (iii) any net after-tax income (loss) from discontinued operations and any net after-tax gains or losses on disposal of discontinued operations, in each case after the date of disposal, (iv) the income or loss of any Person accrued prior to the date it becomes a Subsidiary or is merged into or consolidated with such Person or any of its Subsidiaries or that Person’s assets are acquired by such Person or any of its Subsidiaries and (v) gains and losses from the early extinguishment of Indebtedness.

Consolidated Net Loss means, respectively, for any period, the aggregate net income or loss from continuing operations of the Borrower and its Subsidiaries on a Consolidated basis.

Consolidated Net Loss has the meaning set forth in Section 5.02(A).

Consolidated Net Loss means, for any period, on a consolidated basis, the net loss, if any, of Borrower and its Subsidiaries, determined in accordance with GAAP.

Consolidated Net Loss means, for any applicable period, for the Company and its Subsidiaries on a Consolidated basis, the excess of (a) expenses and charges of a proper character (including current and deferred taxes on income, provision for taxes an unremitted foreign earnings which are included in gross revenues, and current additions to resources) over (b) gross revenues for the same period, but not including in gross revenues those items listed in clauses (i) through (iv), inclusive, in the definition Consolidated Net Earnings above, all as determined in accordance with generally accepted accounting principles. If the above calculation results in an amount of zero or more, then for such period there shall be “Consolidated Net Earnings” as determined above.

Consolidated Net Loss means the net losses of the Borrower and its Restricted Subsidiaries on a consolidated basis as defined according to GAAP after excluding (to the extent included in net income) the sum of (i) any net loss or any undistributed net income of any non-majority owned Subsidiary (ii) the net income or loss of any Restricted Subsidiary for any period prior to the date it became a Restricted Subsidiary, (iii) the gain or loss (net of any tax effect) resulting from the sale of any Capital Assets other than in the ordinary course of business of the Borrower and its Restricted Subsidiaries, and (iv) other extraordinary items, as defined by GAAP, of the Borrower and its Restricted Subsidiaries.

Consolidated Net Loss means, for any period for the Borrower and its Subsidiaries on a Consolidated basis, the net loss of the Borrower and its Subsidiaries (excluding extraordinary losses) for such period as determined in accordance with GAAP.