Chief Financial Officer David Henry said that the company's net loss forecast for the year is impacted by higher non-cash charges
associated with stock-based compensation and the mark-to-market adjustment on outstanding warrants.
The results included a special non-cash charge
of EUR104 million (pounds 53 million) to cover an increase in the company's deferred tax asset valuation allowance.
Zions Bancorp said on Monday that it was taking the non-cash charge
and putting its entire portfolio of TruPs CDO's up for sale because it believed the securities would be considered 'disallowed investments under the Volcker Rule.
Cepheid attributed the fourth-quarter net loss to a one-time, non-cash charge
of USD5.4m, or USD0.08 per share, related to the termination of a patent licence.
Excluding special items, including a USD19.8m charge related to the devaluation of the Venezuelan currency and a USD0.4m non-cash charge
associated with the mark-to-market of fuel hedge contracts, Copa Holdings would have reported an adjusted net income of USD56.9m in this year's first quarter, compared with adjusted net income of USD55.5m in the first quarter of 2009.
took a non-cash charge
of $19.2 million, or $10.7 million after tax on a write-down of goodwill at The International Herald Tribune.
NORDIC BUSINESS REPORT-2 February 2006-Norsk Hydro ASA to record non-cash charge
and unrealised losses in Q4 2005 results(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Fourth-quarter net income for the retailer was $38.1 million, which includes a one-time, cumulative, non-cash charge
of $2.7 million after tax related to the company's lease accounting.
The Akron-based tyre manufacturer, which now holds about 1.5 per cent of Sumitomo, said it would take a non-cash charge
of pounds 6.4 million related to the transaction in the second quarter.
Goodyear also announced that it will record a non-cash charge
of $1.1 billion ($6.17 per share) for the fourth quarter of 2002 to establish a valuation allowance against its net U.S.
The $11.2 million non-cash charge
to the results of operation for that year pre-IPO allowed us to go forward with the remaining shares on SOP76-03.
The results for the quarter included a one-time non-cash charge
of $6.9m, to write off the value of the tax loss carryforwards that were shown on the balance sheet.