Swedish GAAP definition

Swedish GAAP means the Swedish generally accepted accounting principles, rules, policies, practices, procedures and methods for companies applying K3.

Swedish GAAP means Swedish generally accepted accounting principles.

Swedish GAAP means generally accepted accounting principles in the Kingdom of Sweden, consistently applied;

Examples of Swedish GAAP in a sentence

• In accordance with Swedish GAAP, the Company recognizes revenue when earned.

• In accordance with Swedish GAAP, the Company recognizes exchange differences in the same way as in US GAAP with exception for translation differences which are not recognized as other comprehensive income but booked against equity.

• It means the accounting only contains the periodic sums of the actions in salary systems, payables and receivables.Other issues are like the Swedish GAAP (BFN) demands paper invoices to be stored despite they being scanned and interpreted by use of OCR.

• Swedish GAAP allows for expenditures during the development phase to be capitalized as intangible assets if it is probable, with a high degree of certainty, that they will result in future economic benefits for the Company.

• The Consolidated Financial Statements from which the financial data below were derived were prepared in accordance with Swedish GAAP, which differ in certain respects from U.S. GAAP.

More Definitions of Swedish GAAP

Swedish GAAP means principles which are in accordance with applicable laws and generally accepted accounting principles in Sweden, applied by the Company on a consistent basis as at the Balance Sheet Date;

Swedish GAAP means generally accepted accounting principles in the Kingdom of Sweden, consistently applied and (but only in relation to the definitions of "Capitalised Lease Obligation", "Consolidated Cash Flow", "Consolidated Interest Coverage Ratio", "Consolidated Interest Expense", "Consolidated Net Income", "Consolidated Operating Income", "Consolidated Tangible Assets" and "Tangible Assets" and not for any other purpose of this Agreement) as in effect on the date of the 2007 Indenture;

Swedish GAAP shall have the meaning as defined in the definition of “Accounting Principles”.

Swedish GAAP means generally accepted accounting principles in ------------ effect in the Kingdom of Sweden, applied on a basis consistent with the Company's past practices.

Swedish GAAP means generally accepted accounting principles in Sweden, consistently applied. The parties specifically agree that each item in inventory is to be valued following the principle of lower of historical cost or repurchase value, the latter to be used only if it is less than net realizable value.

Swedish GAAP means generally accepted accounting principles in Sweden as in effect from time to time and applied consistently throughout the periods involved.

Swedish GAAP means those accounting principles and practices (including procedures, basis, methods, classifications, judgments, assessments and valuations, and measurement and evaluation rules) and any application of such accounting principles and practices, generally accepted in Sweden.