Summary: RostelecomEe's EBITDA was impacted by a one-off increase in non-cash
bad debt expense, but more importantly by a lower reimbursement for the BDD project vs.
These favorable trends led to a sharp reduction in the
bad debt expense recorded in the quarter, which was the biggest factor driving our increase in segment profit.
Comparing
bad debt expense each year to write-offs during that year is one measure of the accuracy of bad debt estimates.
Lines 30-32 disclose depletion, depreciation and
bad debt expense.
5 million in
bad debt expense related to Kmart's reorganization filing.
Q My credit report shows that a creditor has written off what I owe them as a
bad debt expense.
15, 2011, healthcare provider entities were required to adopt an Accounting Standards Update (ASU) that results in
bad debt expense being recorded as a reduction to net revenue, rather than an operating expense.
Further, NHRMC's
bad debt expense continues to increase as bad debts totaled $83.
Although volumes weakened during the quarter,
bad debt expense remained relatively stable.
In fact, providers reported continued favorable trends in volumes, pricing and
bad debt expense.
In addition, the sharp increase in
bad debt expense that some industry observers had feared would result from a weakening economy was not realized during the first quarter.
hospital industry saw a continuation of the same themes that affected it throughout 2007 -- high levels of
bad debt expense, weak volumes, and strong pricing, according to a new report by Fitch Ratings.
