Trade account payable in a balance sheet


This change in the absolute contribution, measured by Delta CVC, allows us to monitor the extent to which management units generate value-creating growth or employ resources efficiently.

DBO is defined as the present value of all vested and non-vested benefits calculated on the basis of estimated salary levels at retirement. The only actuarial method that may be used to calculate the DBO is the projected unit credit method. Under a finance lease, the lessor transfers the investment risk to the lessee.

This means that the lessor bears only the credit risk and any agreed services. The lessee is the beneficial owner of the leased asset. Finance leases are characterized by a fixed basic term during which the lease may not be terminated by the lessee. The gearing ratio represents the net indebtedness divided by total equity, expressed as a percentage.

Securing a transaction against risks, such as fluctuations in exchange rates or changes in raw material prices, by entering into an offsetting hedge transaction, typically in the form of a forward contract. International Financial Reporting Interpretations Committee. International Financial Reporting Standards. The accounting standards issued by the IASB. The net amount of interest-bearing liabilities and cash and cash equivalents as recognized in the balance sheet as well as the market values of the derivative instruments.

Operating assets are the assets less liabilities as reported in the balance sheet, without recognizing the net indebtedness, discounted trade bills, deferred tax assets, income tax receivable and payable, as well as other financial assets and debts. A form of lease that is largely similar to rental.

Standardized indicator for the international finance markets that assesses and classifies the creditworthiness of a debtor. The classification is the result of an economic analysis of the debtor by specialist rating companies. Return On Capital Employed. These principles are subdivided into binding and guiding principles. Swap of principal payable or receivable in one currency into similar terms in another currency.

Often used when issuing loans denominated in a currency other than that of the lender. The accounting standards or amendments issued by the FASB. Financial Accounting Standards Board. The authority that defines the financial accounting standards for U.

An interest rate swap is the exchange of interest payments between two parties. The accounting standards issued by the IASB. The net amount of interest-bearing liabilities and cash and cash equivalents as recognized in the balance sheet as well as the market values of the derivative instruments. Operating assets are the assets less liabilities as reported in the balance sheet, without recognizing the net indebtedness, discounted trade bills, deferred tax assets, income tax receivable and payable, as well as other financial assets and debts.

A form of lease that is largely similar to rental. Standardized indicator for the international finance markets that assesses and classifies the creditworthiness of a debtor. The classification is the result of an economic analysis of the debtor by specialist rating companies.

Return On Capital Employed. These principles are subdivided into binding and guiding principles. Swap of principal payable or receivable in one currency into similar terms in another currency. Often used when issuing loans denominated in a currency other than that of the lender. The accounting standards or amendments issued by the FASB.

Financial Accounting Standards Board. The authority that defines the financial accounting standards for U. An interest rate swap is the exchange of interest payments between two parties. For example, this allows variable interest to be exchanged for fixed interest, or vice versa.

Earnings before interest, taxes, depreciation and amortization. EBIT before depreciation of property, plant, and equipment, and amortization of intangible assets, i.

International Accounting Standards Board. The authority that defines the International Financial Reporting Standards. PPA is the process of breaking down the purchase price and assigning the values to the identified assets, liabilities, and contingent liabilities following a business combination. The WACC represents the weighted average cost of the required return on equity and net interest-bearing liabilities.

An interest rate cap sets an upper limit for a variable interest rate in relation to a notional debt amount. To the extent that the variable interest due on the underlying debt exceeds the cap amount, the holder of the cap receives income as compensation in the amount of the difference to the cap.

An up-front premium is paid as consideration for the cap. Notes to the Consolidated Balance Sheets