nonrecurring charge

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Nonrecurring charge

A one-time expense or credit shown in a company's financial statement.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Nonrecurring Charge

A charge, usually triggered by an extraordinary event, that appears on a company's financial statement only once. A nonrecurring charge is listed as an expense for the company and reduces its earnings for the time period covered in the financial statement. Most statements make it clear that a nonrecurring charge is a one-time event and does not reflect the company's broader financial health.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

nonrecurring charge

An expense that is not expected to be encountered again in the foreseeable future.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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* Earnings Before Interest and Tax (EBIT) ex IMIs: of $119m, after $141m of non-recurring events, compared to $240m in HY18.
During the period, MPIC booked P560 million in non-recurring expenses compared with a P341 million gain in 2018.
This was an increase over net earnings, excluding non-recurring items, of EUR182.7m, or a 4% increase over EPS, excluding non-recurring items, of EUR0.50, in the second quarter of 2018.
Core net interest margin, which conservatively removes accretion of loan fair value marks and non-recurring items such as recovery of interest, was 4.56% for the quarter, an increase of 18 basis points from the same quarter last year.
FPH booked non-recurring gains last year mainly arising from San Gabriel's liquidated damages and First Philec Group's arbitration settlement.
He noted that, "without the acquisition and non-recurring expenses, we look forward to a sustained momentum and a return to profitability for the Group in fiscal year 2016."
As per the prior guidance issued on 30 April 2015 both revenues and operating profit excluding non-recurring items are expected to decrease.
Non-recurring revenues were USD23.2m in the quarter.
(SeeNews) - Nov 9, 2012 - Italian aerospace and defence group Finmeccanica SpA (BIT:FNC) reported Thursday a net profit of EUR 146 million (USD 186m) for the nine months to September 2012, a 90% surge excluding the non-recurring items and the capital gain generated from the sale of 45% in Ansaldo Energia.
Summary: MANAMA- ABC Islamic Bank on Tuesday announced that its net profit for the first half of 2012 was $4 million compared to $5.1 million for the same period in 2011, which included a non-recurring one-off revenue item of $1.3 million.
Net income excluding non-recurring items for the period was $38.8 million (Dh142.6 million), an increase of 708 per cent over $4.8 million (Dh17.6 million) net income (excluding non-recurring items) in full-year 2009.