Higher Counterparty Risk: GCX's net receivables
from Rcom steadily increased to USD120 million at end-September 2017 (FYE17: USD94 million).
1bn in net receivables
of hard currency as a result of the fast track project instalments the group is expected to receive.
1 billion, for net receivables
from the AMEs of $2.
944bn of cash proceeds from Cardinal Health plus approximately USD46m of retained net receivables
944 billion of cash proceeds from Cardinal Health plus approximately $46 million of retained net receivables
These assets include cash, deposits and net receivables
3% of survey respondents' net receivables
, down 19.
As announced earlier, Aker BioMarine's main owner, industrial conglomerate Aker ASA (OSL: AKER), will convert into equity its net receivables
that are payable by Aker BioMarine.
Canadian BMO Financial Group, a subsidiary of Bank of Montreal (TSX: BMO), has said that it would acquire Diners Club North American franchise from US bank Citigroup (NYSE: C) for net receivables
of almost USD1bn (EUR668m) and some USD7.
This technique requires an investigation of all of the accounts comprising net receivables
, as well as their interrelationships, in order to identify potential problems.
6pc of net receivables
has been helped by the introduction of a new IT system to weed out high-risk borrowers.
One of the reasons for the sharp increase in profit this quarter was due to Infosys performing more of its projects offshore rather than onsite with the client, and CFO TV Mohandas Pai said: "We have pro-actively hedged our net receivables
to mitigate the impact of the rupee appreciation on our margins.