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LPL » Topics » Government grants

This excerpt taken from the LPL 6-K filed Mar 28, 2008.

Government grants

Government grants received, which are to be repaid, are recorded as liability, while grants without obligation to be repaid are offset against cost of assets purchased with such grants. Grants received for a specific purpose are offset against the specific expense for which it was granted, and other grants are recorded as a gain for the period.

This excerpt taken from the LPL 6-K filed Feb 20, 2008.

Government grants

Government grants received, which are to be repaid, are recorded as liability, while grants without obligation to be repaid are offset against cost of assets purchased with such grants. Grants received for a specific purpose are offset against the specific expense for which it was granted, and other grants are recorded as a gain for the period.

EXCERPTS ON THIS PAGE:

6-K
Mar 28, 2008
6-K
Feb 20, 2008

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"Government grants" elsewhere:

Kemet (KEM)
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