'Over the past 10 years, the annual amortization of the bank's P29-billion
deferred credit charges from legacy problem assets substantially eroded UCPB's retained earnings and, as a result, internal capital generation was weak,' Moody's said.
The Buyer's Credit Scheme of India is a unique financing mechanism that provides a safe mode of non recourse financing option to Indian exporters and serves as an effective market entry tool to traditional as well as new markets in developing countries, which need
deferred credit on medium or long.
* Before New Standards: Reported as deferred charges (assets) or
deferred credit (liabilities).
Deferred credit balances from refunding transactions are reclassified as deferred inflows of resources.
"90 days credit for the supply of aircraft spares worth USD 40m/annum would be ensured while 90 days
deferred credit facility up to US$ 700m/annum for spare, repair & inventory sales management would be availed.
Mazda, together with PRIMUS, has been taking initiatives such as the 'Mazda Advantage Loan'
deferred credit plan, which was launched in July 2007.
The majority of estate agencies are offering a
deferred credit arrangement with payment for the HIP being made on completion of the property sale.
The CAP announced in 1959 that the deferred tax credit account relating to the depreciation differential should be shown in the balance sheet as a liability or
deferred credit, not as part of equity capital [CAP, 1959].
Unsecured debts include credit cards, store cards,
deferred credit agreements and ordinary personal loans.
*10 months interest free credit plus 6 months
deferred credit. Visit your Bose dealer now for details and a demonstration.
APBO 16 recognized a
deferred credit for the amount of negative goodwill and amortized that
deferred credit in future periods.
92-5, Amortization Period for Net
Deferred Credit Card Origination Costs, collectively address self-originations and the related accounting for loan origination costs.
