Sales-type lease

(redirected from Sales Type Leases)

Sales-type lease

The leasing out of a firm's own equipment, such as a printing company leasing its own presses, thereby competing with an independent leasing company.

Sales-Type Lease

A lease whereby a company rents its own assets that it needs to run its business. For example, an automobile factory may lease its machinery to another factory.
References in periodicals archive ?
The increase in other income again resulted primarily from a large increase in gain on sales of leased property, offset by decreased income from sales type leases.
CFNB Reports 21% Increase in Third Quarter Earnings
The decreased revenues resulted from a 55% decrease in revenues from sales type leases, which was offset in part by higher lease revenues from direct financing leases.
CFNB Reports First Quarter 2002 EPS of $0.26
The decreased revenues reflect lower revenues from sales of leased property and sales type leases, as well as lower interest income from cash and short-term investments, offset by higher revenues from direct financing leases.
Amplicon Reports Lower Third Quarter EPS of $0.36
Service Revenue, which excludes both the impact of immediate revenue recognition for sales type leases and cash collected as deferred revenue, increased 5% from the first quarter of 2000, and 20% over the second quarter of 1999, on a pro forma basis.
Service Revenue refers to Revenue less any revenue recognized for circuit activations that qualified as sales type leases, and were therefore recognized immediately.
Global Crossing's Cash Revenue Up 39%, Recurring Adjusted EBITDA Up 65%, from Second Quarter of 1999, Pro Forma for Acquisitions
The increase in leasing revenue included a 15% decrease in revenues from direct financing leases, offset up a 55% increase in revenues from sales type leases.
The increase in leasing revenue for the six months included an 18% decrease in revenues from direct financing leases, offset up a 27% increase in revenues from sales type leases.
AMPI Reports Second Quarter 2000 EPS Up 2% To $0.44
Summary of Operating Results For the Years Ended December 31, 1999 and 1998 (Unaudited) Amounts in thousands (except per share data) PanAmSat PanAmSat 12/31/99 12/31/98 Revenues Operating leases, satellite services and other $ 787,509 $ 736,624 Outright sales and sales type leases 23,108 30,639 Total Revenues 810,617 767,263 Costs and Expenses Leaseback expense, net of deferred gain 15,391 47,223 Direct operating and SG&A costs 176,388 166,761 Total 191,779 213,984 EBITDA 618,838 553,279 Depreciation & amortization 280,472 234,945 Interest expense, net 112,002 97,788 Income before income taxes 226,364 220,546 Income tax expense 104,127 95,940 Net Income $ 122,237 $124,606 Earnings per share $ 0.
PanAmSat Reports 1999 Year End and Fourth Quarter Financial Results: 1999 Operating Lease Revenues Increased by 7%, EBITDA Margin was 76%
Total video services revenues, which include revenues from sales type leases, increased by 3 percent to $139.
PanAmSat Reports Third Quarter 1999 Results; Telecommunications Services Drive Long-Term Revenue Growth
Actual results may differ materially fromrisks associated with technology (including without limitation, delayed launches, launch failures and in-orb Summary of Operating Results For the Three Months Ended June 30, 1999 and 1998 (Unaudited) Amounts in thousands (except per share data) $194,421 $185,277 Outright sales and sales type leases 5,961 5,803 Total Costs and Expenses 49,517 56,596 nse, net 28,295 24,432 - $ 30,565 $ 27,757 $ 0.
United Bankshares, Inc. Announcess Editors
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