Recovery in excess of recognized losses
is accounted for as a non-recognized subsequent event.
However, Matz stuck by her guns, saying the agency would "explore creative ideas" that could allow corporates to replace depleted capital "if confirmed losses are less than recognized losses
Morris said some banks are in a position to sell off loans if they have the capital provisions to cover the losses and have not already recognized losses
The Company recognized losses
associated with the investment through the equity method of accounting and had reduced the carrying value of its investment in Hallwood Energy L.
The company recognized losses
principally from the revaluation of investment securities and stocks in subsidiaries and affiliates resulting from a significant decline in share prices (*1), as well as from restructuring charges in relation to the restructuring of its LSI business (*2).
The deduction allowed for recognized losses
on the sale, exchange or other disposition of a capital asset or property used in a trade or business is definitely related, and thus allocable to the class of gross income that such asset or property ordinarily generates in the hands of the taxpayer.
In the proposed regulations it had appeared such items incurred before the recognition period would not be recognized losses
Therefore, the recognized losses
and recoveries of the recognized losses
on current marketable equity securities held as of the balance sheet date are reported on the income statement for that period.
Earnings and profits from extraordinary gains are distinguished from other earnings and profits to reduce the amount of recognized built-in gains that may be offset by recognized losses
that were not built-in.
Classes L through O have been depleted due to recognized losses
and remain at 'Dsf/RE0%'.
Matz added that the NCUA is "exploring creative ideas" that will allow capital holders to benefit "if confirmed losses are less than recognized losses
During the third quarter of 2008, through September 16, 2008, the Company has recognized losses
of approximately $40 million on sales of securities of these issuers.