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"Many co-ops have interest-only mortgages, but many others have mortgages that do provide for amortization of the principal".
At the same time, Mr. Shmulewitz said, other co-ops choose to have mortgages that provide for amortization of principal -- notwithstanding the higher monthly payments -- out of a desire to reduce the amount of the principal that will ultimately have to be refinanced.
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For instance, unlike many retails shops where a basic calculator or adding machine may provide for measuring revenues and expenses in cash flows, a lending or housing business may rely on a very different calculator with loan amortization functions.
For amortization over 10 years, they would naturally be higher.
More than half the losses are for amortization of the team's purchase.
Moreover, a new element has been that structural amortization (complex factor for amortization) is important.
However, it does provide "Operating Income Before Depreciation And Amortization," or OIBDA for its operating divisions.
Goldman said the revised estimates follow its review of Comcast's updated amortization provided in the recent 10k filing.
The INDAP subsidizes 90% of the investment sum and provides credits to the farmers for the remaining 10%; amortization is reached within about 4 years (depending on the type of kit and on the energy fuel used before) [84].
The company said its corporate telecommunications division, which is its biggest unit and provides Web-based services for major corporate clients in the United States, Europe and Japan, would probably post a first-half loss of £120 million ($185 million) before interest, tax, depreciation and amortization, with sales falling 6percentto to $2.5 billion.
In most cases, AGEI adopted a classical project approach providing major external support for investments (mainly infrastructure, training, equipment) against a "soft" commitment from governments and communities to cover recurrent costs and future investments (amortization of investments, operation and maintenance of infrastructure, teachers' salaries).
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