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This excerpt taken from the BMS 8-K filed Jul 20, 2009. Principles of consolidation: The consolidated
financial statements include the accounts of the Company and its majority owned
subsidiaries. All intercompany
transactions and accounts have been eliminated.
Joint ventures which are not majority controlled are accounted for by
the equity method of accounting with earnings of $919,000, $933,000, and
$32,000 in 2008, 2007, and 2006, respectively, included in other costs
(income), net, on the accompanying consolidated statement of income. Investments in joint ventures are included in
deferred charges and other assets on the accompanying consolidated balance sheet. Certain prior year amounts have been restated
to conform to current year presentation.
These excerpts taken from the BMS 10-K filed Feb 27, 2009. Principles of consolidation: The consolidated
financial statements include the accounts of the Company and its majority owned
subsidiaries. All intercompany
transactions and accounts have been eliminated.
Joint ventures which are not majority controlled are accounted for by
the equity method of accounting with earnings of $919,000, $933,000, and
$32,000 in 2008, 2007, and 2006, respectively, included in other costs
(income), net, on the accompanying consolidated statement of income. Investments in joint ventures are included in
deferred charges and other assets on the accompanying consolidated balance
sheet. Certain prior year amounts have
been restated to conform to current year presentation.
Principles of consolidation: The consolidated financial statements include the accounts of the Company and its majority owned subsidiaries. All intercompany transactions and accounts have been eliminated. Joint ventures which are not majority controlled are accounted for by the equity method of accounting with earnings of $919,000, $933,000, and $32,000 in 2008, 2007, and 2006, respectively, included in other costs (income), net, on the accompanying consolidated statement of income. Investments in joint ventures are included in deferred charges and other assets on the accompanying consolidated balance sheet. Certain prior year amounts have been restated to conform to current year presentation.
These excerpts taken from the BMS 10-K filed Feb 29, 2008. Principles of consolidation: The consolidated financial
statements include the accounts of the Company and its majority owned
subsidiaries. All intercompany
transactions and accounts have been eliminated.
Joint ventures which are not majority controlled are accounted for by the
equity method of accounting with earnings of $933,000 and $32,000 in 2007 and
2006, respectively, included in other costs (income), net, on the accompanying
consolidated statement of income.
Investments in joint ventures are included in deferred charges and other
assets on the accompanying consolidated balance sheet.
Principles of consolidation: The consolidated financial statements include the accounts of the Company and its majority owned subsidiaries. All intercompany transactions and accounts have been eliminated. Joint ventures which are not majority controlled are accounted for by the equity method of accounting with earnings of $933,000 and $32,000 in 2007 and 2006, respectively, included in other costs (income), net, on the accompanying consolidated statement of income. Investments in joint ventures are included in deferred charges and other assets on the accompanying consolidated balance sheet.
This excerpt taken from the BMS 10-K filed Mar 1, 2007. Principles of consolidation: The consolidated financial statements include
the accounts of the Company and its majority owned subsidiaries. All intercompany transactions and accounts
have been eliminated. Joint ventures are
accounted for by the equity method of accounting with earnings ($32,000 and
$874,000 for Laminor in 2006 and 2005, respectively; and $11,698,000 for Itap
Bemis Ltda. in 2004) included in other costs (income), net, on the accompanying
consolidated statement of income. The
Laminor joint venture interest was acquired as part of the January 2005
acquisition of Dixie Toga S.A.
Investments in joint ventures are included in deferred charges and other
assets on the accompanying consolidated balance sheet. Results of Itap Bemis were consolidated in
2006 and 2005.
This excerpt taken from the BMS 10-K filed Mar 15, 2006. Principles of consolidation: The consolidated financial statements include
the accounts of the Company and its majority owned subsidiaries. All intercompany transactions and accounts
have been eliminated. Joint ventures are
accounted for by the equity method of accounting with earnings ($874,000 for
Laminor in 2005 and $11,698,000 and $3,156,000 for Itap Bemis Ltda. in 2004 and
2003, respectively) included in other costs (income), net, on the accompanying
consolidated statement of income. The
Laminor joint venture interest was acquired as part of the January 2005
acquisition of Dixie Toga S.A. Investments
in joint ventures are included in deferred charges and other assets on the
accompanying consolidated balance sheet.
Results of Itap Bemis are consolidated in 2005.
This excerpt taken from the BMS 10-K filed Mar 11, 2005. Principles of consolidation: The consolidated financial statements include the accounts of the
Company and its majority owned subsidiaries.
All intercompany transactions and accounts have been eliminated. The single joint venture in which the Company
participates is accounted for by the equity method of accounting with earnings
($11,698,000, $3,156,000, and $5,000 in 2004, 2003, and 2002, respectively) included
in other costs (income), net, on the accompanying consolidated statement of
income and the investment included with deferred charges and other assets on
the accompanying consolidated balance sheet.
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