Valuation reserve


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Valuation reserve

An allowance to provide for changes in the value of a company's assets, such as depreciation.

Valuation Reserve

A charge against a company's earnings set aside to account for changes in the value of a company's assets. These changes are normally due to depreciation, but also may come from bad debt.
References in periodicals archive ?
To arrive at the company's actual surplus, the formula would adjust statutory statement surplus by adding in any voluntary reserves for default losses on real estate and mortgages, the Asset Valuation Reserve and 50 percent of the annual statement dividend liability.
Consequently, if the Commission moves forward to adopt the proposed rules for loss accrual and valuation reserves generally, we recommend that it eliminate the references to tax contingency and valuation reserves that are already governed by FASB Statements No.
44 billion and added $1 billion to surplus and asset valuation reserve for the year, increasing it to $17.
A valuation reserve against net deferred tax assets which was released in the fourth quarter of 2012 minimized book income tax expense through June 30, 2012.
5 million deferred tax asset valuation reserve that was established during the second quarter of 2010.
Not included in the results noted above, is the expected impact from a non-cash charge of approximately $36 million for a tax valuation reserve against the Company's deferred tax assets.
Capital and surplus, including the asset valuation reserve, increased 12.
The loss during the 2008 periods was a result of the other-than-temporary impairment charges recorded for the Bank's holding in the AMF Ultra Short Mortgage Fund, an increase in the valuation reserve against deferred tax assets and the write-down of the net deferred state tax asset in conjunction with the formation of a passive investment company subsidiary.
These negative impacts were partially offset by a LIFO inventory valuation reserve benefit of $43.
4 million, established a valuation reserve of $6 million for deferred tax assets, and took an Other Than Temporary Impairment (OTTI) write-down of $4.
8 million charge to adjust the LIFO inventory valuation reserve as a result of rising raw material costs.