2 billion net operating loss carryforwardCothe deductibility of which will augment GAAP capitalCoas well as the tentative settlement of legacy cost
of insurance litigation announced in August 2006.
It also substantially reduces GM's legacy cost
liabilities in Canada.
The second reason for abandonment was the desire to reduce legacy cost
Adjusted EBITDA includes adjustments to EBITDA for restructuring costs, former parent legacy cost
(benefit) items, net, loss on the early extinguishment of debt, non-cash charges and incremental securitization interest costs, as well as pro forma cost savings for restructuring initiatives, the pro forma effect of business optimization initiatives and the pro forma effect of acquisitions and new franchisees, in each case calculated as of the beginning of the twelve-month period.
28, 2012 /PRNewswire/ -- Professor Luis Garicano of the London School of Economics, speaking today about the proposals of the Institute for New Economic Thinking (INET) Council on the Euro Zone Crisis (ICEC) at the Peterson Institute for International Economics, expressed his shock at the "betrayal" by Germany, the Netherlands and Finland of the agreements in the June 29 euro summit, and at the recent statements against a banking union and against legacy cost
burden sharing by the Bundesbankos President Jens Weidman.
The problem is that Rangers have a legacy cost
base and a legacy debt that had been built up under the Murray years.
The trust fund will finance health-care costs for its retirees, eliminating a key legacy cost
Comparing Automotive and Steel Industry Legacy Cost
That actually exacerbated the legacy cost
savings to the company will be about $100 million a year and an almost $130 million annual improvement in cash flow for the company compared to 2007.
What was a tough job to manage our legacy cost
base while growing our new businesses has just got a whole lot tougher," said Mr Burnett.
It was a year in which two significant fundamental weaknesses in our North American operations were fully exposed -- our huge legacy cost
burden and our inability to adjust structural costs in line with falling revenue.