Most popular when Nari printing company announced

2022-08-05
  • Detail

On March 1, donally printing company announced that its earnings from continuing operations in the fourth quarter of 2004 were US $148.8 million (equivalent to US $0.66 per diluted share) and its net sales were US $2.1 billion, while its earnings from continuing operations in the fourth quarter of 2003 were US $109.1 million (equivalent to US $0.95 per diluted share) and its net sales were US $1.2 billion. The results of continuing operations in the fourth quarter of 2004 included restructuring expenses (US $10.1 million), integration expenses (US $5.6 million) and impairment expenses (US $5.6 million), totalling US $21.3 million, mainly related to the ongoing integration after our acquisition of Moore Wallace on february27,2004

the results of the fourth quarter of 2004 also include a non cash write down fee of $14.4 million for Donnelly printing company's investment in affordable housing and a total net tax preference fee of $37.6 million, which is mainly related to the cancellation of a high-pressure cooling suppression cycle and a low-pressure cooling suppression cycle after the expiration of some statutory limitations of $30.5 million, as well as a non-U.S. deferred tax of $7.1 million Why should we strengthen the construction of new material collaborative innovation system? Related to the cancellation of the valuation reserve. The results of continuing operations in the fourth quarter of 2003 included restructuring and impairment charges of $3.2 million, a non cash write down charge of $7.3 million related to the company's investment in affordable housing, a gain of $1.4 million from the deployment of an investment, and a tax preference charge of $45.8 million, which was realized by carrying forward tax losses, The Internal Revenue Service's favorable decisions on Latin American audit and reimbursable income tax. On december16,2004, Donnelly printing company announced its intention to sell its peak Technologies business. Therefore, after it came into effect in the fourth quarter of 2004, peak technologies, together with packaging logistics and momentum logistics, Inc, announced it as a discontinued business. The latter two businesses have been regarded as discontinued business units since the third quarter of 2004. In the fourth quarter of 2004, the net surplus from discontinued operations was $136.8 million (equivalent to $0.61 per diluted share), compared with $97.7 million (equivalent to $0.85 per diluted share) in the fourth quarter of 2003

Donnelly Printing Co., Ltd. believes that the combination of some non US GAAP measurement methods and US GAAP measurement methods is very useful because this information is an appropriate measurement method to evaluate the operating performance of Donnelly Printing Co., Ltd. The real internal full-automatic constant stress press of danali printing company uses non US GAAP information as an indicator of business performance, and evaluates management efficiency with specific reference to these indicators. These methods should be used as a supplement to, and not as a substitute or priority for, the methods used to calculate financial performance in accordance with U.S. GAAP

this article is from the Internet. The copyright belongs to the original author. It is only for everyone to share and learn the information of the Chinese Academy of Sciences. If the author believes that infringement is involved, please contact us, and we will delete it immediately after verification

Copyright © 2011 JIN SHI