Some executives love to constantly declare expenses as non-recurring in an attempt to cover up their mistakes.
Nokia Siemens Networks non-IFRS operating margin includes a positive impact from non-recurring IPR income of approximately EUR 30 million.
These rules will only affect non-recurring debit card transactions and ATM withdrawals.
Overall, the company recorded non-recurring charges exceeded 24% of revenue in 2008, 78% of revenue in 2009, and 10% of revenue in 2010.
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Councillors will be told the collapse of the existing union was due to high-levels of bad debts on loans made to members, high overheads and an over dependence on non-recurring grants.
First Manhattan, a consultancy, reckons that one-third of the improvement in big American banks' earnings since 1993 comes from three non-recurring factors: lower deposit-insurance premiums, smaller provisions for loan losses and a wider gap between market interest rates and the rates banks pay depositors.
After receiving the right amount of information in a recurring, non-threatening fashion, prospects may be ready to become clients, she says.
In the fourth quarter of 1999, recurring profits at all non-financial firms soared by 42% over the same period in 1998, the fastest growth for 20 years.
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Education under Attack 2010 notes growing awareness within United Nations agencies, non-governmental organizations (NGOs) and public opinion of the recurring nature of these attacks, which are not exceptional or isolated incidents.
However, in order to provide a complete picture of our recurring core business operating results, we exclude from non-GAAP net income and non-GAAP EPS the tax effects associated with SBC.
First, non-GAAP operating income excludes some costs, namely, SBC, that are recurring.
Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures that may not be indicative of our "recurring core business operating results, " meaning our operating performance excluding not only non-cash charges, such as SBC, but also discrete cash charges that are infrequent in nature.
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