Article: 6 months ended 31 December 2000 #m 1999 #m MODIFIED HISTORICAL COST PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION 142 301 Modified historical cost adjustments: Depreciation in excess of historical cost depreciation (i) 62 71 Disposal of tangible fixed assets adjustment (ii) 16 14 78 85 HISTORICAL COST PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION 220 386.

Article: ANALYSIS OF LATTICE GROUP CONSOLIDATED MODIFIED ...
PR Newswire;  February 27, 2001 ;     700+ words ... ... consol adj #m #m #m #m Modified historical cost Group operating profit ... 958 (34) 90 1,014 Modified historical cost depreciation 457 47 ... December 2000 1999 #m #m MODIFIED HISTORICAL COST TURNOVER 1,427 1,430 ...

Dictionary definition: modified historical-cost ...
A Dictionary of Accounting;      270 words ...modified historical-cost convention A modification of the historical-cost convention in which certain assets are included at revalued amounts rather than their original cost. Modified historical cost accounting is permitted by the Companies Act. See alternative accounting ...

Dictionary definition: historical-cost accounting
A Dictionary of Business and Management;      425 words ... ... defects it is argued that historical-cost accounting is of little use ... rules for the application of historical-cost accounting to financial statements ... accounting rules based on the modified historical-cost convention , in which certain ...

Article: The implications of the changes in SA GAAP
Accountancy SA;  July 1, 2000 ;     700+ words ... ... equipment and intangible assets, allow for a modified historical cost system in that assets may be revalued ... with three systems of accounting, namely historical cost, modified historical cost and fair value. The impairment to understandability ...

Article: LATTICE GROUP PLC: 2000 FULL YEAR RESULTS.
PR Newswire;  February 27, 2001 ;     700+ words ... ... 1999 #m #m CONSOLIDATED MODIFIED HISTORICAL COST PROFIT AND LOSS ACCOUNT ... CONSOLIDATED STATEMENT OF TOTAL MODIFIED HISTORICAL COST PROFIT FOR THE FINANCIAL ... FINANCIAL YEAR 769 640 i) Modified historical cost regulatory fixed assets ...

Article: Letters to the editor
Accountancy SA;  March 1, 2002 ;     700+ words ... ... accounting treatment did not fit well with the historical cost basis. However, it is likely that negative ... that financial statements are prepared on the historical cost, or modified historical cost, basis and, as with all assets that have ...

Dictionary definition: multicolumn reporting
A Dictionary of Accounting;      270 words ... ... multicolumn reporting The presentation of financial information prepared on different bases (e.g. historical-cost convention , modified historical-cost convention , replacement cost , etc.) in column form, each column representing a different ...