net surplus definition
net surplus means the remaining portion of the surplus after provisions have been made for the Central Co-operative Fund and the Singapore Labour Foundation in accordance with section 71 of the Act;
net surplus means a situation in which, in any year, after accounting for bad and doubtful debts, depreciation in assets and other contingencies, the Authority’s revenues exceed its costs;
net surplus means the excess of income over expenditure of a society at the end of a financial year after provision has been made for statutory reserves;
More Definitions of net surplus
net surplus means the portion of a society’s surplus remaining after contributions have been made to the society’s reserve fund and the Central Fund and any other funds provided for in the society’s by-laws;
net surplus means the remaining portion of the surplus after adequate provision has been made for the Central Co-operative Fund and the reserve fund;
net surplus means any surplus realized by a Clearing Organization after the liquidation of a Cross-Margining Participant’s Offsetting Positions held by the Clearing Organization and application of Offsetting Margin as determined in accordance with Section 7 of this Agreement.
net surplus means such portion of the total income received by or accrued to a society during any year as remains after deductions have been made for all expenditure incurred during that year, and adequate provision has been made for depreciation, bad debts, tax liability and reserve funds;
net surplus means the amount, if any, by which (i) the Closing Net Working Capital Surplus exceeds (ii) the Closing Cash Deficiency.
net surplus means, at any point in time, the realised return (whether in the form of capital gain, distribution of profits, whether in the form of dividends, interest or otherwise, including any other return), before taking into account any liability for tax, which is in excess of the Net Drawn Capital Invested;
net surplus means the remaining portion of the surplus after provisions have been made for the reserve fund and the Central Co-operative Fund;