We also incurred realized losses associated with the write-off of unamortized
issuance costs related to the Series A Term Preferred Stock partial redemption and certain other portfolio items."
Net Non-vehicle Debt represents non-vehicle debt as reported on the Company's balance sheet, excluding the impact of unamortized
debt issue costs, discounts and premiums associated with non-vehicle debt, less cash and cash equivalents.
According to audit examiners, unamortized
car loans reached P7.115 million, while housing loans have totaled P4.62 million in the past five years ending December 2018.
Take note that the (unamortized
) right-of-use asset can be written off if the lease is preterminated which,in a way,shows that this asset ismake-believe.
In the event that the transaction is terminated, the gas supplier is obligated to make a termination payment that, together with other available funds, is sufficient to pay bondholders all outstanding principal, unamortized
premium and accrued interest.
credit facilities and $400 million in senior notes; both amounts exclude unamortized
premium frompurchase price accounting.
The Company recognized a net loss on debt extinguishment of approximately $3.3 million, which was comprised of a make-whole premium and the write off of unamortized
debt issuance and discount costs.
For entities affected by the change, this means restating debt for prior years to reflect debt, net of unamortized
debt issuance costs--and also potentially altering compliance with covenant ratios for those years.
The IRS concluded in a recent field attorney advice memorandum, FAA 20172901F, that a taxpayer could deduct the unamortized
debt-issuance costs related to its existing debt upon its exchange for new debt.
In connection with the early redemption of the Notes, the company expects to record a loss from early extinguishment of debt of approximately USD 13.9 million, or approximately USD 0.08 per diluted share, in the fourth quarter of 2017, which amount includes approximately USD 1.2 million of unamortized
The largest after tax items were $24 million in pension settlement charges, a $25 million asset impairment charge and $10 million in unamortized
financing cost charges.