Employed Capital definition
Employed Capital means (1) (x) the sum of the Company’s total assets as reported on the Company’s financial statements for the year immediately prior to the applicable year, plus the Company’s total assets as reported on the Company’s financial statements for the applicable year, (y) with such sum divided by two, minus (2) (x) the sum of the Company’s total current liabilities as reported on the Company’s financial statements for the year immediately prior to the applicable year, plus the Company’s total current liabilities as reported on the Company’s financial statements for the applicable year, (y) with such sum divided by two;
Employed Capital means (1) (x) the sum of the Company’s total assets as reported on the Company’s financial statements for the year immediately prior to the applicable year, plus the Company’s total assets as reported on the Company’s financial statements for the applicable year, (y) with such sum divided by two, minus (2) (x) the sum of the Company’s total current liabilities as reported on the Company’s financial statements for the year immediately prior to the applicable year, plus the Company’s total current liabilities as reported on the Company’s financial statements for the applicable year, (y) with such sum
Employed Capital means (i) the sum of the Company’s total assets as reported on the Company’s financial statements for the year immediately prior to the applicable year of the Performance Period and the Company’s total assets as reported on the Company’s financial statements for the applicable year of the Performance Period, with such sum divided by two, minus (ii) the sum of the Company’s total current liabilities as reported on the Company’s financial statements for the year immediately prior to the applicable year of the Performance Period and the Company’s total current liabilities as reported on the Company’s financial statements for the applicable year of the Performance Period, with such sum divided by two.
More Definitions of Employed Capital
Employed Capital means the capital employed in the company, either its own or borrowed funds, jointly calculated as the sum of equity and net debt;
Employed Capital in relation to an enterprise, means the net current assets plus net fixed assets of the enterprise as reflected in the accounts or statement of that enterprise submitted to the Central Revenue Department for the purpose of income tax returns for the year of assessment next following the year of assessment in which the enterprise was established;