operating capital


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operating capital

See working capital.

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At the end of last year, Hon Hai's board of directors passed a proposal to issue NT$12 billion (US$371.51 million) in unsecured corporate bonds to increase operating capital and repay short-term liabilities.
As a result of this, shareholders proposed the 10 per cent increase in operating capital, distributed as shares at a par value of Dh100 each.
The existing rules stipulate that, for the first branch set up by a foreign bank in Taiwan, the minimum operating capital has to be NT$150 million (US$4.55 million at US$1 = NT$33) and for each additional branch NT$120 million (US$3.64 million).
After dipping into her personal savings - taking out $7,500 for operating capital - the resourceful entrepreneur beat the streets or stores of New York to obtain the stylish merchandise for her first show.
Not wanting to spend a lot of money up front, Emery says interior design was one of the few service businesses where the starting operating capital could be relatively low.
According to the company, it will use the proceeds of the sale for general and administrative operating capital and legal expenses.
Also, in parallel with the aforementioned, the company needs additional operating capital to secure growth and activities in the ongoing business until the completed savings programme has produced its full effects, which is expected at the beginning of 2012.
As a result, the company's board has made the assessment that it needs to raise capital to strengthen its financial position and secure access to operating capital.
Landlord requires $10k security and proof of $25k operating capital.
Wind power company NACEL Energy Corporation (OTCQB: NCEN) (Pinksheets:NCEN) (Frankfurt:4FC) said on Monday that it has advanced USD111,687 in operating capital through 31 May 2011 to Crownbutte Wind Power Inc (OTCQB: CBWP) (Pinksheets:CBWP).
The owners got into this business and didn't realize the operating capital needed to run a business.

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