Sales-type lease

(redirected from Sales Type Leases)

Sales-type lease

The leasing out of a firm's own equipment, such as a printing company leasing its own presses, thereby competing with an independent leasing company.

Sales-Type Lease

A lease whereby a company rents its own assets that it needs to run its business. For example, an automobile factory may lease its machinery to another factory.
References in periodicals archive ?
The increase in other income again resulted primarily from a large increase in gain on sales of leased property, offset by decreased income from sales type leases.
Summary of Operating Results For the Years Ended December 31, 1999 and 1998 (Unaudited) Amounts in thousands (except per share data) PanAmSat PanAmSat 12/31/99 12/31/98 Revenues Operating leases, satellite services and other $ 787,509 $ 736,624 Outright sales and sales type leases 23,108 30,639 Total Revenues 810,617 767,263 Costs and Expenses Leaseback expense, net of deferred gain 15,391 47,223 Direct operating and SG&A costs 176,388 166,761 Total 191,779 213,984 EBITDA 618,838 553,279 Depreciation & amortization 280,472 234,945 Interest expense, net 112,002 97,788 Income before income taxes 226,364 220,546 Income tax expense 104,127 95,940 Net Income $ 122,237 $124,606 Earnings per share $ 0.
Total video services revenues, which include revenues from sales type leases, increased by 3 percent to $139.
Ku added, "As more projects are completed, the trend of increasing interest income from sales type leases will continue to grow.
Actual results may differ materially fromrisks associated with technology (including without limitation, delayed launches, launch failures and in-orb Summary of Operating Results For the Three Months Ended June 30, 1999 and 1998 (Unaudited) Amounts in thousands (except per share data) $194,421 $185,277 Outright sales and sales type leases 5,961 5,803 Total Costs and Expenses 49,517 56,596 nse, net 28,295 24,432 - $ 30,565 $ 27,757 $ 0.
As a result of our successful completion of a number power generation projects, 2010 was characterized by double digit revenue growth of 70% and interest income on sales type leases more than doubled as compared to the 2009 where less projects were completed and less interest income from sales type leases was booked.
5 million of which were classified as sales type leases and are included in cost of sales for the quarter.
The increase in gross profit as a percentage of revenue was a result of the recorded profit of the sales-type leases of Zhongbao WHPG system with a gross profit margin of about 23% and the contingent rental income with an average gross profit margin of about 4%, while in the comparable period of 2009, the gross profit was from the sales type lease of Shenmu WGPG system that had a gross profit margin of 23%.