Examples of Unrestricted surplus in a sentence
Unrestricted surplus (deficit) net position represents amounts not included in other categories.
Unrestricted surplus includes amounts invested in tangible capital assets, net of related debt, amortization and other unrestricted surplus carried forward.
Schedule 9B summarizes the transactions between the three categories during the reporting year. Unrestricted surplus is defined as the portion of the accumulated surplus or deficit which results from excess revenue and expenses. Restricted surplus is defined as the amount that results from excess revenues which have been internally designated or externally restricted.
If neither shall be present, the members of the General Assembly present shall choose one of the Vice-Presidents or failing them, one of their number, to be the chairman of the remainder of such meeting.
Term Debt is total external long-term debt, excluding the current portion of debt..(3) Primary Reserve Ratio Expendable Net Assets x 365 days Total Assets Indicates UOIT’s financial strength and flexibility by determining the number of days UOIT can function using only its resources that can be expended without restrictions.Expendable net assets include: Unrestricted surplus (deficit), internally restricted net assets and endowments..
Vice Chair Compton seconded the motion and it carried unanimously.
Investment in tangible capital assets Internally restricted surplus Unrestricted surplus Investment in tangible capital assets20152014$ 101,923$ 95,446 8,544 14,186406388(15)(94)(8,115)(8,003)8206,477 $ 102,743 $ 101,923Investment in tangible capital asset figures represent the amount of internally generated funds spent on capital.
Unrestricted surplus includes an accumulated balance of excess revenue over expense since inception of the University.
Term Debt is total external long-term debt, excluding the current portion of debt..(3) Primary Reserve Ratio Expendable Net Assets x 365 days Total Assets Indicates UOIT’s financial strength and flexibility by determining the number of days UOIT can function using only its resources that can be expended without restrictions.Expendable net assets include: Unrestricted surplus (deficit), internally restricted net assets and endowments..II.
Schedule 9B summarizes the transactions between the three categories during the reporting year.• Unrestricted surplus is defined as the portion of the accumulated surplus or deficit which results from excess revenue and expenses.• Restricted surplus is defined as the amount that results from excess revenues which have been internally designated or externally restricted.