self-financing ratio definition
self-financing ratio means the ratio of funds from internal sources to the three year annual average of capital expenditure as detailed in Section IV.4(i) of Schedule II of the KenGen Project Agreement and Section IV.5(i) of the KPLC Project Agreement;
self-financing ratio means the ratio between the funds from internal cash generation and capital expenditures incurred by the EPCG during the calendar year, and the term “funds from internal cash generation” shall mean the difference between: (A) the sum of gross revenues from all sources related to the EPCG’s operations, net non-operating income and any reduction in non-cash working capital; and (B) the sum of all expenses of the EPCG’s operations, including maintenance and administration (excluding depreciation and other non-cash operating charges), interest and other charges on debt, repayment of loans, all taxes or payments in lieu of taxes, all cash dividends and other cash distributions of surplus, increase in non-cash working capital and any other cash outflows other than cash expenditures related to the operations of the EPCG.
self-financing ratio means the ratio of Funds From Internal Sources divided by the three year moving average of Capital Expenditures.
More Definitions of self-financing ratio
self-financing ratio means the ratio between the funds from internal cash generation and capital expenditures incurred by the EPCG during the calendar year, and the term “funds from internal cash generation” shall mean the difference between: (A) the sum of gross revenues from all sources related to the EPCG’s operations, net non-operating income and any reduction in non-cash working capital; and