interim profits definition

interim profits means profits as laid down in the applicable accounting framework, computed for a reference period shorter than a full financial year, and before the credit institution has taken a formal decision confirming such a profit or loss of the institution.
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interim profits means those profits arising since the last balance sheet date for which audited financial statements have been produced to the extent that those profits exceed any dividends paid from those profits since the last balance sheet date and not accrued at the last balance sheet date. No adjustment is required where current dividends exceed interim profits or for any interim losses.
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interim profits means the excess of the revenues generated by Gulfstream from the Cuban Activities during the period between beginning on the date of this Agreement and through the Effective Date, over the Cuba Operating Expenses for such period.
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More Definitions of interim profits

interim profits means the consolidated profits of the Company and the profits generated from the Non-ULI Business between the Effective Date and the Completion Date, net of taxation during such period; and
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Related to interim profits

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Non-profit making companies means companies set up under the Companies Act, 1956/Companies Act 2013.

  • Common profits means the balance of all income, rents, profits and revenues from the common areas and facilities remaining after the deduction of the common expenses;