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Discounts and cost-free provision (loss leaders) appear to be granted for products of strategic importance for suppliers, e.g. cardiovascular medicines, whose treatment tends to be continued in primary care after discharge of the patient.
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Under its provisions, losses below a given percentage of value, say 10 percent, are excluded.
A high level of exceptionals related to business exits (£163m total charge incl. goodwill impairment, provisions and loss on disposal and other non-underlying charges of £122m (goodwill impairment & provision) related to the life & pension, insurance and asset services divisions.
"It is now appropriate to modernise provisions concerning loss of citizenship to respond to current terrorist threats..
Fire insurance, provision against losses caused by fire, lightning, and the removal of property from premises endangered by fire.
Credit card operators' losses on receivables have further to go as consumer delinquencies trigger rising credit losses and higher provisions for loss reserves.
The analysis used two baselines, and the differential effects revealed that the provision of loss-framed, salient information reduced daily demand by 7 11%, compared to unframed information.
Ask about provisions for loss of use and the cost to rebuild any and all existing structures.
You look at pre-loss provision net revenues, add loss reserves and then subtract non-interest expenses.
Provisions for losses on bad loans fell to dollars 61m in the latest six months, compared with dollars 356.6m in the same period a year earlier.
He cited the Reserve Bank of India, which in 2005 began requiring banks to make larger provisions against losses from property loans, among other things.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com