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It turns out to be an estimate of the total value of payments from the general government budget to Social Security, including interest, that will take place over the next 50 years.
In addition, the central bank said it wants to see loan performance information like the number and value of payments in arrears and details on bankruptcy, default or foreclosure actions.
Discounting allows calculation of the present value of payments that will occur in the future.
Nokia's Indian facility has remained at a the centre of a tax dispute that began last year over the value of payments made for the development of software.
In 2009, the total value of payments for claims settled out of court was US$3.19 billion, compared with US$182 million for those judged in court.
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As recently as 2011 Tory peer and sometime government "big society" adviser Nat Wei was predicting that the value of payment-by-results contracts to voluntary organisations could rise to £60bn a year, dwarfing any revenue lost through cuts in conventional funding.
The timing and values of payments were also inconsistent with regular orders.
Table 1 Cashless payments in EU Payment Instruments Unit 2013 2014 Non Cash transactions billions 100 103.2 Card payments billions 44 47.5 Value of card payments trillion Euros 2.2 2.4 Credit transfer billions 27 27 Direct debit billions 24 21.9 Payment cards per inhabitant times 1.5 1.5 ATMs millions 0.43 0.49 POS millions 9.1 10.1 Data source: https://www.worldpaymentsreport.com/.
The key independent variable of interest is the initial value of decoupled payments and the farm-level change in payments over the sample period.
And it is proposing the government restore more generous indexation to family payments, saying lower indexation rates and freezes imposed by successive governments have significantly eroded the real value of the payments.
The present value of the payments to be made under the modified loan was $159,611.
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CEO of Professional Science Editing for Scientists @ prosciediting.com