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If the directors had to place a bet, which set of projections best reflect future performance?
In addition, four scenarios were designed to reflect future conditions, namely baseline, climate change, urban expansion and comprehensive scenarios.
Generally accepted accounting principles require groups like the N.R.A. to reflect future obligations to members as a debt that decreases as it provides services.
He said the deficit was a sign of strength, because the bulk of the liabilities reflect future obligations to long-term members.
The mixed-use goals for a property as large as the Pilgrim site could take 10 or more years to develop fully and will likely reflect future needs.
Without accurate maps that reflect future risk as well as current hazards, we cannot keep individuals, communities and the nation safe.
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I find that peer benchmarking reflects future performance among smaller firms.
Last year, Serco made a provision of £136m against the contract under Mr Soames's "onerous contract provision" review of the business, which it said reflected future losses.
The administration isn't wrong in its assessment of where things stand now, but it is wrong in assuming that the current situation in any way reflects future realities.
Furthermore, current demand is subject to seasonal trends and reflects developments in a particular sector that might not match the existing structure but rather reflects future trends in a particular labour market segment.
(Data is sourced from Virtuoso's U.S. and Canadian travel agency members and reflects future travel for June, July and August 2018). I offer my interpretation of the results as well.
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