Sentence examples similar to a statement of financial performance from inspiring English sources
The finance minister is all the more likely to do so when he has a legal obligation to balance the statement of financial performance or if he politically commits to lowering the debt.
When a government implements accrual accounting, instead of cash-based accounting, the statement of financial performance is the most scrutinised component of the financial statements.8 By comparing the operating revenues (R) with the operating expenses (E), its balance (B = R − E) shows whether citizens pay taxes that are equal to the public services they receive.
According to Bergmann (2012), the Neue Zürcher Zeitung (NZZ), a leading Swiss political and business newspaper, almost exclusively mentions information on the statement of financial performance when reporting about the financial situation of local governments.
Statement of financial performance (also income statement); Erfolgsrechnung; Compte de résultats.
For any given level of operating revenues, cash-draining operating expenses and true depreciation, AD deteriorate the reported balance of the statement of financial performance: BR = R − (E* + D + AD) where BR refers to the reported balance of the statement of financial performance, i.e. the one published in accounts and marred by AD.
Obviously, the true deficit or the surplus in the statement of financial performance is the difference between the true operating revenues R and the true operating expenses E. Therefore, using a simultaneous-equation model allows us to distinguish through which channel revenues and/or expenses additional depreciation charges eventually affect the (subsequent) financial performance.
File a petition in bankruptcy court known as a "statement of financial affairs.
It can account for nearly a third of financial performance.
One outcome was a statement of values and performance.
