FFO means “funds from operations,” defined to mean net income (or loss) (computed in accordance with GAAP), excluding gains (or losses) from debt restructurings and sales of properties, plus depreciation and amortization, after adjustments for Minority Holdings. Adjustments for Minority Holdings will be calculated to reflect FFO on the same basis as above.
FFO means funds from operations.
FFO shall have the same meaning ascribed to that term in IRC’s annual report on Form 10-K as filed with the SEC for the year in which the bonus is to be calculated. “Total Shareholder Return” shall mean the sum of : 1) the change in the IRC stock price from January 1, 2010 to December 31, 2010 (as expressed as a percentage), plus 2) the dividend yield paid during 2010 (as expressed as a percentage by dividing dividends paid in 2010 divided by the IRC stock price as of January 1, 2010). Subject to Section II. below, if IRC achieves a Target level of performance in each of the two named criteria, the Executive’s Company performance related ACIB will equal a total of 10% of Executive’s Base Salary for the applicable year (or 5% for each of the criteria achieved).. If IRC achieves a High level of performance in each of the two named criteria, the Executive’s company performance related ACIB will equal a total of 20% of Executive’s Base Salary for the applicable year (or 10% for each of the criteria achieved). It is recognized that of the two criteria, both may not fall into the same level of performance, but rather one may be at a Target level and the other at a High level (or not achieve either level). Executive is entitled to an award for each of the three (3) performance level metric that may be achieved.
Examples of FFO in a sentence
Xxxxxxx Xxxxxxxx Xxxx reiterated that the ROPFP FFO seeks to support projects that are regional in scope.
Xxxx also explained other essential elements of the Scoping Document, including the three basic ways to submit ideas for the FFO, which include: 1) Attending workshops; 2) Submitting a 500- word description explaining a proposed project idea, and 3) Submitting a detailed proposal website via the online application tool.
More Definitions of FFO
FFO means, as of any date of determination, Net Income plus depreciation and amortization of real and personal property assets to the extent deducted in the determination of Net Income, less any amount added pursuant to clause (b) of the definition of Net Income except to the extent such amount relates to operating partnership units and is attributable to Highwoods Realty by virtue of the line item “non-controlling interests,” as shown on the consolidated income statements of the Consolidated Parties.
FFO means “funds from operations,” defined to mean, without duplication for any period, Income from Operations, plus (i) Borrower’s Share of Income from Operations of any Investment Affiliate (plus Borrower’s Share of real estate depreciation and amortization expenses of Investment Affiliates), plus (ii) real estate depreciation and amortization expense for such period.
FFO funds from operations, as calculated based upon the NAREIT definition in effect on the date of said calculation or in a manner consistent with Kimco’s prior reporting (with any variation from the NAREIT definition being specified in Schedule 1.1B).
FFO means net income, excluding gains (or losses) from debt restructuring and sales of property, plus depreciation and amortization, and after adjustments for unconsolidated partnerships and Joint Ventures (which will be calculated to reflect funds from operations on the same basis), as determined and adjusted in accordance with the standards established from time to time by the National Association of Real Estate Investment Trusts.
FFO means net income (loss) calculated in accordance with IFRS, excluding: (i) depreciation of depreciable real estate assets and amortization of customer relationships and intangible assets arising from a business combination; (ii) gains (or losses) from sales of hotel properties and equipment; (iii) deferred income tax expense (recovery); (iv) impairment losses or reversals recognized on land and depreciable real estate properties; (v) transaction costs expensed as a result of the purchase of a hotel property being accounted for as a business combination; and (vi) adjustments to certain financial instruments. FFO has been prepared consistently with the definition presented in the White Paper on funds from operations prepared by the Real Property Association of Canada for all periods presented.
FFO means funds from operations, as defined by the National Association of Real Estate Investment Trusts.
FFO means "funds from operations" as defined in the National Association of Real Estate Investment Trusts ("NAREIT") White Paper on Funds From Operations as approved by the NAREIT Board of Governors on March 3, 1995.