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Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Long-Term Capital Lease Obligation : R$0 Mil (As of Dec. 2011)


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What is Fundo de Recuperacao Economica do Estado do Espiritonto Long-Term Capital Lease Obligation?

Fundo de Recuperacao Economica do Estado do Espiritonto's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2011 was R$0 Mil.


Fundo de Recuperacao Economica do Estado do Espiritonto Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fundo de Recuperacao Economica do Estado do Espiritonto's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fundo de Recuperacao Economica do Estado do Espiritonto Long-Term Capital Lease Obligation Chart

Fundo de Recuperacao Economica do Estado do Espiritonto Annual Data
Trend Dec09 Dec10 Dec11
Long-Term Capital Lease Obligation
- - -

Fundo de Recuperacao Economica do Estado do Espiritonto Semi-Annual Data
Dec09 Dec10 Dec11
Long-Term Capital Lease Obligation - - -

Fundo de Recuperacao Economica do Estado do Espiritonto  (BSP:FRES11) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Fundo de Recuperacao Economica do Estado do Espiritonto Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Fundo de Recuperacao Economica do Estado do Espiritonto's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Business Description

Traded in Other Exchanges
N/A
Address
R. Alberto Oliveira Santos, 42 - Sala 1.506, Vitoria, ES, BRA, 29010901
Fundo de Recuperacao Economica do Estado do Espirito Santo is an open-end pension fund that collect GST and income tax based on taxable income.

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