In this article we report the results of an experiment that tests whether creditors use
operating cash flows as prevailing theory prescribes (e.
This ratio is computed as retained
operating cash flows divided by acquisitions.
The primary contributors to BAM's
operating cash flows include its 100% stake in Brookfield Power (IDR 'BBB-'), controlling stakes in Brookfield Properties and Brookfield Homes, investment income from its specialty real estate and restructuring groups, fee income from managing assets on behalf of others, and cash received from a pool of other diversified residential and commercial real estate interests.
If the cash flow statement reports
operating cash flows using the indirect method, then the change in balance of such an overdraft could be treated as an adjustment to
operating cash flows.
For the year 2006, the two companies are expected to generate estimated combined
operating cash flows totaling $6.
The covenant has a dividend payment restriction if contracted cash flows are less than 80% of total
operating cash flows on a twelve-month forward looking basis until SPC's consolidated debt to capitalization ratio is lowered to 60% or less.
The affirmation of the ratings of Admiral Insurance Group reflects its excellent underwriting and operating performance, solid capitalization, strong
operating cash flows and market position in excess and surplus lines.
Fitch's rating incorporates expectations for Windstream to generate strong
operating cash flows and to have access to ample liquidity.
Specifically, cash flows related to certain transactions in process were classified as
operating cash flows rather than as investing cash flows.
The class's removal from Rating Watch Negative is due to Fitch's analysis of the
operating cash flows of the two underlying real estate properties.
HOUSTON -- SPACEHAB, Incorporated (NASDAQ/NMS:SPAB), a leading provider of commercial space services, announced today that it will reclassify as investing cash flows insurance proceeds and indemnification payments received relating to the loss of the Company's research double module that were originally reported as
operating cash flows.
Fitch believes that cable's free cash flow will improve in 2006 and 2007, driven by growth in
operating cash flows and a reduction in capital expenditures.
