Leave encashment in Full and Final Settlement (FnF) refers to the process of converting unused earned leaves into a monetary payout when an employee is leaving the organization. The leave encashment amount is calculated based on the employee’s daily wage or salary and the number of earned leav...
Adjusted operating profitis expected to range between down 2 percent and flat in constant currency from the base of $3.6 billion reported in fiscal 2024, including a 2-point headwind from resetting incentive compensation after a below-average payout in the prior year. Adjusted dilut...
3 Citigroup's payout ratio is the sum of common dividends and common share repurchases divided by net income available to common shareholders. For the components of the calculation, see Appendix A. 4 Citigroup's tangible book value per share is a non-GAAP financial measure. For a reco...
Income from continuing operations for the first quarter 2022 was $421 million compared to $121 million for the first quarter 2021 and was predominantly impacted by the increase in site rental revenues as well as a reduction in losses on retirement of long-term obligations of...
Selling, general, and administrative expenses declined by 33.6 billion yen, as higher upfront strategic investments, particularly in Technology Solutions, and higher amortization costs for unrecognized retirement benefit obligations as a result of lower performance on pension assets in the previous fiscal ...
In the fourth quarter of 2014, AAM's results reflect the impact of a non-cash charge of $35.5 million related to a voluntary one-time lump sum cash payment to certain eligible terminated vested participants in our U.S. pension plans (2014 Pension Payout Offer). For the full year ...
(23,666) 70,644 1,160,719 Notes: * A profit distribution approved at Annual Shareholders' Meeting (June 23, 2006) ** Others refers mainly to the amortization of actuarial losses of subsidiaries outside Japan based on retirement benefit accounting in those countries and retroactive revisions ...
Retirement benefit obligation 56.9 63.7 Non-current provisions 49.3 32.0 Other non-current financial liabilities 771.2 761.6 Deferred tax liabilities 92.1 79.9 Other non-current liabilities 46.6 45.1 Total non-current liabilities 1,016.1 982.3 Current provisions 42.7 45.7 Cu...
Each of the Executive Board members is entitled to a contractually stipulated pension benefits at the time of retirement, to which the ASVG social security payments as well as any payments from the pension fund are credited. The increase in the salaries and pension commitments for members of the...
220. As a result of the budgetary measures the Malaysian economy will remain resilient going forward - with GDP expected to grow by 4.7% this year and improving to 4.8% in 2020, while inflation is expected to remain well anchored at 2% in 2020. In the event of continued worse-than-expect...