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These excerpts taken from the LBTYA 10-K filed Feb 23, 2009. Estimates
The preparation of financial statements in conformity with GAAP
requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities at the
date of the financial statements and the reported amounts of
revenue and expenses during the reporting period. Estimates and
assumptions are used in accounting for, among other things, the
valuation of acquisition-related assets and liabilities,
allowances for uncollectible accounts, deferred income taxes and
related valuation allowances, loss contingencies, fair value
measurements, impairment assessments, capitalization of internal
costs associated with construction and installation activities,
useful lives of long-lived assets, stock-based compensation and
actuarial liabilities associated with certain benefit plans.
Actual results could differ from those estimates.
Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Estimates and assumptions are used in accounting for, among other things, the valuation of acquisition-related assets and liabilities, allowances for uncollectible accounts, deferred income taxes and related valuation allowances, loss contingencies, fair value measurements, impairment assessments, capitalization of internal costs associated with construction and installation activities, useful lives of long-lived assets, stock-based compensation and actuarial liabilities associated with certain benefit plans. Actual results could differ from those estimates. Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Estimates and assumptions are used in accounting for, among other things, the valuation of acquisition-related assets and liabilities, allowances for uncollectible accounts, deferred income taxes and related valuation allowances, loss contingencies, fair value measurements, impairment assessments, capitalization of internal costs associated with construction and installation activities, useful lives of long-lived assets, stock-based compensation and actuarial liabilities associated with certain benefit plans. Actual results could differ from those estimates. These excerpts taken from the LBTYA 10-K filed Feb 26, 2008. Estimates
The preparation of financial statements in conformity with
accounting principles generally accepted in the U.S. (GAAP)
requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities at the
date of the financial statements and the reported amounts of
revenue and expenses during the reporting period. Estimates and
assumptions are used in accounting for, among other things, the
valuation of acquisition-related assets and liabilities,
allowances for uncollectible accounts, deferred income taxes and
related valuation allowances, loss contingencies, fair values of
financial and derivative instruments, fair values of long-lived
assets and any related impairments, capitalization of internal
costs associated with construction and installation activities,
useful lives of long-lived assets, stock-based compensation and
actuarial liabilities associated with certain benefit plans.
Actual results could differ from those estimates.
Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Estimates and assumptions are used in accounting for, among other things, the valuation of acquisition-related assets and liabilities, allowances for uncollectible accounts, deferred income taxes and related valuation allowances, loss contingencies, fair values of financial and derivative instruments, fair values of long-lived assets and any related impairments, capitalization of internal costs associated with construction and installation activities, useful lives of long-lived assets, stock-based compensation and actuarial liabilities associated with certain benefit plans. Actual results could differ from those estimates. This excerpt taken from the LBTYA 10-K filed Jun 18, 2007. Use
of estimates
The preparation of these consolidated financial statements in
conformity with US GAAP requires the Company to make estimates
and assumptions that affect the reported amounts of assets and
liabilities at the date of the financial statements and the
reported amounts of revenue and expenses during the reporting
period. Estimates and assumptions are used in accounting for,
among other things, allowances for uncollectible accounts,
deferred income taxes and related valuation allowances, loss
contingencies, fair values and useful lives of long-lived assets
and any related impairment. Actual results could differ from
those estimates.
The Company does not control the decision making process or
business management practices of TyC’s equity affiliates.
Accordingly, the Company relies on management of these
affiliates and their independent auditors to provide us with
accurate financial information prepared in accordance with US
GAAP that we use in the application of the equity method. The
Company is not aware, however, of any errors in or possible
misstatements of the financial information provided by
TyC’s equity affiliates that would have a material effect
on Company’s financial statements. For information
concerning TyC’s equity method investments, see Note 4.
Table of Contents
TORNEOS Y
COMPETENCIAS S.A.
NOTES TO
CONSOLIDATED
FINANCIAL STATEMENTS — (Continued)
This excerpt taken from the LBTYA 10-K filed Mar 1, 2007. Use
of estimates
The preparation of these consolidated financial statements in
conformity with US GAAP requires the Company to make estimates
and assumptions that affect the reported amounts of assets and
liabilities at the date of the financial statements and the
reported amounts of revenue and expenses during the reporting
period. Estimates and assumptions are used in accounting for,
among other things, allowances for uncollectible accounts,
deferred income taxes and related valuation allowances, loss
contingencies, fair values and useful lives of long-lived assets
and any related impairment. Actual results could differ from
those estimates.
The Company does not control the decision making process or
business management practices of TyC’s equity affiliates.
Accordingly, the Company relies on management of these
affiliates and their independent auditors to provide us with
accurate financial information prepared in accordance with US
GAAP that we use in the application of the equity method. The
Company is not aware, however, of any errors in or possible
misstatements of the financial information provided by
TyC’s equity affiliates that would have a material effect
on Company’s financial statements. For information
concerning TyC’s equity method investments, see Note 4.
Table of Contents
TORNEOS Y
COMPETENCIAS S.A.
NOTES TO
CONSOLIDATED
FINANCIAL STATEMENTS — (Continued)
This excerpt taken from the LBTYA 8-K filed Mar 31, 2006. Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Estimates and assumptions are used in accounting for, among other things, the valuation of acquisition-related assets and liabilities, allowances for uncollectible accounts, deferred income taxes and related valuation allowances, loss contingencies, fair values of financial and derivative instruments, fair values of long-lived assets and any related impairments, capitalization of internal costs associated with construction and installation activities, useful lives of long-lived assets, actuarial liabilities associated with certain benefit plans and stock compensation. Actual results could differ from those estimates. | EXCERPTS ON THIS PAGE:
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