Übersetzung für "Onerous contract" in Deutsch

The Board decided to start preparing the Exposure Draft of an amendment to IAS 37 Provisions, Contingent Liabilities and Contingent Assets to clarify the meaning of the term 'unavoidable costs' in the definition of an onerous contract.

In November 2017 the IFRS Interpretations Committee decided to add a project to clarify the meaning of the term 'unavoidable costs' in the definition of an onerous contract in IAS 37 Provisions, Contingent Liabilities and Contingent Assets .

If at any time the expected costs of meeting the obligation exceed the consideration received, the entity has an onerous contract for which IAS 37 would require recognition of a liability.

In July 2018 the IASB decided to propose a narrow-scope amendment to IAS 37 relating to the 'cost of fulfilling an onerous contract.

The focus should therefore be placed on the public institutions: contractors should receive guarantees covering onerous contracts with the public authorities, so that they in turn can provide guarantees to subcontractors.

Provisions for expected losses from onerous contracts and other business obligations are measured on the basis of the work yet to be performed.

Other provisions comprise other tax obligations, personnel obligations, pending losses on onerous contracts, warranty obligations, and other obligations, which mainly consist of identified and measured contingent liabilities arising from the purchase price allocation.

Examples could include an entity's obligations for restructurings, onerous contracts, decommissioning, remediation, site restoration, warranties, guarantees, and litigation.

Possible Amendment B—immediate loss mitigation solution: The scope of the existing exception in IFRS 17:66(c)(ii) could be expanded to require an entity to recognise a gain in profit or loss when the entity recognises losses on onerous underlying insurance contracts.

The outcome of these proceedings may result in claims against the Corporation that cannot be met or cannot be met in full through provisions or insurance cover. If there are any contractual obligations for which the unavoidable costs of meeting the obligations exceed the expected economic benefits (e.g. onerous delivery contracts), provisions are made for the agreed amounts over the entire period or over a prudently estimated period.

Applying this amendment, an entity would also be required to recognise a loss in profit or loss when it recognises a reversal of losses on onerous underlying insurance contracts, to the extent that a reinsurance contract held covers the losses of each contract on a proportionate basis.

If there are any contractual obligations for which the unavoidable costs of meeting the obligations exceed the expected economic benefits (e.g. onerous delivery contracts), provisions are made for the agreed amounts over the entire period or over a prudently estimated period.

Significant risks inherent in environmental protection provisions and in provisions for damages and onerous contracts are possible changes in future cost/benefit estimates, changes in the likelihood of their utilization, and enhanced statutory provisions concerning the elimination and prevention of environmental damage.

Excluding this effect and additional one-time costs for onerous contracts, underlying EBIT in this division would have been near the previous year's total of EUR196 million.

Significant risks inherent in environmental protection provisions and in provisions stemming from claims for damages and onerous contracts are possible changes in future cost/benefit estimates, changes in the likelihood of their utilization, and enhanced statutory provisions concerning the elimination and prevention of environmental damage.

Other obligations largely comprise provisions for restructuring, litigation and expected losses from onerous contracts.

Warranty obligations, contractual obligations, and pending losses on onerous contracts relate to current obligations in respect of probable third-party claims for which the likely expense can be reliably estimated.

Other operating expenses also include provisions for environmental protection and for damages relating to onerous contracts.

Expenses exceeding the economic benefits in the amount of € 26.4 million (2010: € 25.2 million) were set aside as expense and are included in the warranty obligations and risks from pending losses on onerous contracts.

If there are any contractual obligations for which the unavoidable costs of meeting the obligations under the contract exceed the expected economic benefits to be received (e. g. onerous delivery contracts), provisions for the agreed quantities over the whole or prudently estimated period are made.

Regarding the first bullet, the staff also note that in applying this amendment, an entity would also be required to recognise a loss in profit or loss when it recognises a reversal of losses on onerous underlying insurance contracts, to the extent that a reinsurance contract held covers the losses of each contract on a proportionate basis.

If contractual obligations for the acquisition of programming assets are entered into, but have not yet been fulfilled, provisions for onerous contracts have to be created if it is likely that the future cash inflows from the advertising revenues will be sufficient to cover the expected acquisition costs.

In assessing the criterion of loss of information, it would be useful to understand what information may be lost to users regarding onerous contracts, change of CSM and separate presentation of reinsurance contacts.

In the commercial maintenance business, MTU has identified onerous contracts for the maintenance of engines for which the unavoidable costs of fulfilling contractual obligations are higher than the expected economic benefits.

The Vice-Chair also asked to emphasise in the wording that for this amendment the reinsurance is already in place or entered at the time of the underlying insurance contracts being issued, not entered into subsequently, as by then the loss on the onerous contracts issued would have already been recognised.

The contractually agreed transfer prices led to recognition of a provision for onerous contracts, which is included in other provisions.

This meeting considered the following issues: (1) insurance acquisition cash flows for renewals outside the contract boundary; (2) reinsurance contracts held—onerous underlying insurance contracts; (3) reinsurance contracts held—underlying insurance contracts with direct participation features; and (4) recognition of the contractual service margin in profit or loss in the general model.

A provision for onerous contracts is recognized when the expected economic benefits to be derived by the Company from a contract are lower than the unavoidable cost of meeting its obligations under the contract.

There is a risk for the Consolidated Financial Statements that impairments of the programming assets and provisions for onerous contracts arising from contractual obligations for programming assets are not appropriately recorded.