Consolidated vs consolidating financial statements lee seung gi and han hyo joo dating
In the following table, I have summarized various kinds of items with their characteristics for you: of every advance paid or received carefully, because some advances can be monetary and some of them can be non-monetary.
However, I have explained particularly this issue in my article on Accounting for prepayments in foreign currency under IFRS together with the numerical example, so please read there if interested.
Financial Results for the Second Quarter of 2017" data-reactid="23"Financial Results for the Second Quarter of 2017Victoria, acquired on December 2, 2016, contributed .4 million and .7 million, respectively, to the Company’s net sales for the quarter." data-reactid="24"Net sales increased .7 million, or 20.2%, to 8.1 million for the second quarter of 2017 from 6.4 million for the second quarter of 2016.
Net sales of the spices & seasonings business, acquired on November 21, 2016, and net sales of Victoria, acquired on December 2, 2016, contributed .4 million and .7 million, respectively, to the Company’s net sales for the quarter._____________________* Please see “About Non-GAAP Financial Measures and Items Affecting Comparability” below for the definition of the non-GAAP financial measures “adjusted net income,” “adjusted diluted earnings per share,” “base business net sales,” “EBITDA” and “adjusted EBITDA,” as well as information concerning certain items affecting comparability and reconciliations of the non-GAAP terms to the most comparable GAAP financial measures.
Base business net sales* for the second quarter of 2017 decreased .1 million, or 4.9%, to 1.1 million from 6.2 million for the second quarter of 2016.
The .1 million decrease was attributable to decreases in unit volume of .8 million, or 3.8%, and net pricing of .3 million, or 1.1%. Net sales of Pirate Brands decreased .4 million, primarily due to a shift in timing of certain promotional spending from the second quarter of last year to the third quarter of this year.
The reason is that its retranslation to closing rate does not affect the cash flows of the company.
We expect these sales trends to continue for the second half of 2017,” stated Robert C.
Cantwell, President and Chief Executive Officer of B& G Foods." data-reactid="22"“The second quarter of 2017 was a difficult one, as we continued to struggle with the many challenges facing our industry.
Net sales of Pirate Brands decreased .4 million, primarily due to a shift in timing of certain promotional spending from the second quarter of last year to the third quarter of this year.
Net sales of Green Giant frozen products increased by .4 million, driven by the brand’s new innovation products.
Search for consolidated vs consolidating financial statements:
Green Giant frozen products driven by the innovation we launched in the fourth quarter of 2016.