Examples of Net Interest Charges in a sentence
The figures assume that rents will increase by 1.49% compared to 2020-21.2021-22Estimate£Expenditure 7,571,600Income -7,897,990 Net Cost of Services -326,390 Net Interest Charges 1,107,960Revenue Contribution to Capital 269,600Contribution to/from(-) Reserves -1,051,170 Surplus(-)/Deficit in year 0 Working Balance B/fwd 750,000 Working Balance C/fwd 750,000 The Housing Improvement Plan (HIP) has been included in the expenditure estimates above as far as the costs are known.
The Company must ensure that on each Testing Date the ratio of EBITDA to Consolidated Net Interest Charges, for the Measurement Period ending on the Testing Date, is not less than 3 to 1.
EBITDA was [ ] and Consolidated Net Interest Charges was [ ]; therefore the ratio of EBITDA to Consolidated Net Interest Charges was [ ] to 1.
After considering the effect of COVID-19 on our consolidated EBITDA, we expect to remain in compliance with our current minimum debt service coverage ratio that requires a minimum of 3:1 ratio of EBITDA to Consolidated Net Interest Charges.
Net Interest Charges Net interest charges continued to trend lower, decreasing by $2.2 million in 2002 and by $2.1 million in 2001, compared to the prior year.
Consolidated Net Interest Charges means Interest Payable less Interest Receivable during the relevant Measurement Period.
This is essentially explained by a decrease of 4.5 million euros in Net Interest Charges resulting from the reduction of net debt and the cost of debt and also by the fact that 9M16 figures included the recognition of previously deferred upfront financing costs of 1.9 million Euros as a result of the early repayment of loans carried out within the setting up of the Sonae Arauco partnership.
This ratio is computed as follows: (i) "Earnings" have been calculated by adding to "Earnings Before Interest and Income Taxes" the debt portion of allowance for funds used during construction; and (ii) "Fixed Charges" consist of "Net Interest Charges" plus the debt portion of allowance for funds used during construction.
A rating will be determined by the relevant manager based on your performance, to facilitate advancement to the next salary point, in accordance with the provisions for salary advancement in clause 5.6 and 5.10.
Interest cover The Company must ensure that on each Testing Date the ratio of EBITDA to Consolidated Net Interest Charges, for the Measurement Period ending on the Testing Date, is not less than 3 to 1.