Sec. 704(c).The article focuses on the application of Section 704(c) in assets-over partnership mergers in the U.S. In Revenue Rule 2004-43,(n36) the IRS addressed whether Section 704(c)(1)(B) would apply to Section 704(c) gain or loss created in an assets-over partnership merger...
gain/(loss) on disposals/deemed disposals of investments, reconciling items on the share of equity method investments, loss/(gain) from fair value change of long-term investments, impairment of goodwill, intangible assets and investments, gain and foreign exchange impact in relation to sale of ...
The foregoing was partially offset by the fact that the Company recorded a net exchange loss in fiscal year 2023, compared to a net exchange gain in fiscal year 2022, mainly resulting from the fluctuation of the exchange rate of the U.S. dollar against the RMB during the years.Income ...
During the third quarter of 2012, the Company reported a net foreign exchange gain of RMB23.7 million (US$3.8 million), compared to a net foreign exchange loss of RMB36.0 million and RMB65.0 million for the preceding quarter and the third quarter of 2011, respectively. The quarter-over-quart...
Interest and investment income 21,996 25,704 3,545 41,442 45,815 6,318 Interest and financing expenses (8,287 ) — — (15,146 ) — — Foreign exchange gain/(loss), net 2,099 (373 ) (51 ) 11,888 (913 ) (126 ) Other income, net 10,883 26,275 3,623 33,078 40,706 ...
(1) Other income (expense) consists of foreign currency gain (loss) and other income (expense). (2) See the “Non-GAAP Financial Measures” section of the press release.12XPO, Inc.Reconciliation of Non-GAAP Measures(Unaudited)(In millions)Three...
Loss/(gain) on disposal of fixed assets 3,193 (7,146 ) (1,052 ) Accretion on convertible notes payable or convertible senior notes 241,107 324,136 47,740 Barter transaction revenue (493,570 ) (957,675 ) (141,050 ) Share-based compensation 769,527 1,021,116 150,394 Share of...
Net loss $ (21,824) $ (54,920) Adjustments to reconcile net loss to net cash used in operating activities Gain from Continuation Advances (34,000) — Depreciation 3,246 3,586 Amortization of operating lease right-of-use assets 1,392 1,289 Amortization of debt discount and financing cost...
Unrealized loss (gain) on exchange rate and fair value of foreign currency forward contracts (2,135) 693 Amortization of fair value at hedge inception of interest rate swaps (198) (478) Share-based compensation 21,440 21,217 Deferred income tax 1,125 (276) Other non-cash expenses 19...
Operating loss (32,709) (30,134) Gain from Continuation Advances 34,000 — Interest expense (267) (625) Other income, net 238 435 Net income (loss) 1,262 (30,324) Other comprehensive income (loss): Unrealized gain on investments 25 42 Comprehensive income (loss) 1,287 (30,282) Net...