The company has already sold off many of its holdings, which at one time accounted for about three million square feet, he said.
Mutharika's refusal to meet the IMF's demands – and concerns about his increasingly autocratic style of governance – resulted in a significant loss of donor support that had, at one time, accounted for 40% of the country's budget.
And while Mr. Pawlenty did face economic and political challenges in balancing the state's budget each year, his record includes what critics say was an overreliance on one-time accounting maneuvers that failed to address the underlying problems.
By Calvin Trillin The New Yorker, October 17, 1970 P. 33 Now that the passengers hijacked by Arab guerrillas have been released unharmed, our attention has returned to a sentence in one "Times" account of the guerrillas' destruction of the Pan American 747 jet in Cairo.
That would represent a decrease of 31.7 percent on the year just ended — when profit was lifted by a hefty one-time accounting gain on the value of its 22 percent stake in Morgan Stanley — and is about in line with analysts' forecasts.
With a big push from a one-time accounting gain, Citigroup on Monday squeezed out its seventh consecutive quarterly profit, but it faces significant challenges to growth.
Excluding the loss on its brokerage unit, a one-time accounting charge and credit adjustments, the bank reported a profit of $3.27 billion, or $1.06 a share, up from $2.57 billion, or 84 cents a share, in the period a year earlier.
On the back of the third quarter's one-time accounting gains, Royal Bank of Scotland's net profit in the three months through September was £1.2 billion, compared with a £1.1 billion loss in the same period last year.
Last year's earnings of $7.2 million, however, included large one-time accounting gains related to taxes and recovery on a troubled loan.
In addition, some analysts focus on earnings as reported by companies; these figures may include one-time accounting adjustments that can seriously distort corporate performance.
