Net other income and expenses for fiscal 2017 were an expense of $97 million as compared to an expense of $116 million in fiscal 2016, primarily due to higher positive fair value adjustments on the investment in preferred interests of Aireon LLC and a lower interest expense, partially offset by higher net interest costs
related to employee benefits and higher foreign exchange losses.
The company said that net interest costs
of Rs 1,360 crore for the quarter have risen from Rs 492 crore in the yearago period primarily on account of higher spectrum related interest cost in India.
during the third quarter, helped by a big reduction in the LIFO charge, lower net interest costs
and a reduced effective tax rate.
2m for the financial year ended 31 March 2012 and net interest costs
will be reduced by close to GBP20m per annum.
This increase in aggregate demand has shifted about 30% of issuance in 2010 from tax-exempt to taxable, lowering net interest costs
for municipal borrowers.
Empirical results comparing full and nondisclosure states suggest that debt issuers in full disclosure states save about 14 basis points on their net interest costs
, compared to issuers in nondisclosure states.
They are required to pay pounds 19m in net interest costs
, but that is dealt with comfortably by revenues (match-day revenue doubled to pounds 91m in 2006/07 alone) generated by the move to the Emirates Stadium.
Growing debt and net interest costs
are a result of persistent fiscal imbalances, which, if left unchecked, threaten to crowd out spending for other national priorities.
Announcement of competition: The contracting authority intends to conclude a framework agreement on debt management, follow-up and counseling, whose purpose is to manage the principal's loan portfolio in a way that minimizes net interest costs
Net interest costs
of ` 284 crore and amortisation costs of ` 316 crore contributed to the drop in profit at Bharti Airtel, which also took a hit of ` 261 crore because of fluctuations in the foreign exchange rate and increased tax burden of ` 109 crore.
Although net interest costs
escalated in the wake of the merger, the year-over year increases were not enough to prevent pretax income from growing at a faster rate than revenues.