Noncash Item

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Noncash Item

A negotiable instrument that may be used to pay for goods and services but is not credited to the seller until it is cleared through a bank. Examples of noncash items include checks and debit cards.
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The decrease reflected a decrease in mine operating earnings before non-cash items, increase in G&A expenses before non-cash items and increase in EE&D expenses, partly offset by a increase in other income.
Excluding non-cash items, adjusted net income increased to USD1.
2bn will be driven by cash of Au450m and the balance being non-cash items.
FFO, widely accepted as a key indicator of performance in real estate enterprises, comprises net income without such non-cash items as depreciation.
Do not include non-cash items such as depreciation.
MIC reports EBITDA excluding non-cash items on a consolidated and operating segment basis and reconciles each to consolidated net income.
Q1 2010 net loss included non-cash items of USD223,000 in stock-based compensation, USD16,000 in depreciation and amortisation and a foreign exchange gain of USD188,000.
The following table reflects the corrected adjusted net income, excluding certain non-cash items, for the three months ended December 31, 2011:
These items are either non-cash items or items not related to operations or current operating activities of the Company.
c) Non-GAAP - amounts exclude certain non-cash items (depreciation and stock option expense totaling $114,924), income tax ($69,000) as well as items unrelated to current operating activities (new factory construction and related Interest expense totaling $230,225).

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