The objective of this Update is to simplify the income statement presentation requirements in Subtopic 225-20 by eliminating the concept of extraordinary items. Extraordinary items are events and transactions that are distinguished by their unusual nature and by the inf...
(1) f. Impact on trading revenue of changes in the creditworthiness of the bank's derivatives counterparties on the bank's derivative assets (year-to-date changes) (included in Memorandum items 8.a through 8.e above): (1) Gross credit valuation adjustment (CVA)... FT36 (2) CVA hedge...
EBIT is a company’s Earnings Before Interest and Taxes, or Operating Income on the Income Statement (Gross Profit minus Operating Expenses), sometimes adjusted for non-recurring charges; it represents the company’s core, recurring business income before the impact of capital structure and taxes....
Impact on trading revenue of changes in the creditworthiness of the bank's derivatives counterparties on the bank's derivative assets (year-to-date changes) (included in Memorandum items 8.a through 8.e above): (1) Gross credit valuation adjustment (CVA)... FT36 (2) CVA hedge......
Impact on trading revenue of changes in the creditworthiness of the bank's derivatives counterparties on the bank's derivative assets (year-to-date changes) (included in Memorandum items 8.a through 8.e above): (1) Gross credit valuation adjustment (CVA)... FT36 (2) CVA hedge......