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SYT » Topics » Royalties

This excerpt taken from the SYT 6-K filed Jan 18, 2005.
Royalties

Royalty income and expense has previously been recognized within general and administrative expenses. Royalty income is now recognized as Sales, and royalty expense is included in Cost of Goods Sold. The 2003 consolidated income statement has been re-presented on the new basis.

    • "Royalties" elsewhere:

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