160m on the company's statement of financial condition.
What does SFC stand for?
SFC stands for Statement of Financial Condition
This definition appears very rarely and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of SFC
We have 390 other meanings of SFC in our Acronym Attic
- Spot Forming Cell
- Springfield Fencing Club (Springfield, Illinois)
- St. Francis College (Brooklyn Heights, New York)
- Standard Flip Chip (semiconductors)
- Stanford Flying Club
- Starfleet Command (game)
- StarFleet Command (Star Trek)
- Start-Up Frequency Converter (power plants)
- State Finance Committee (various locations)
- State Fire Commission (various locations)
Samples in periodicals archive:
The goodwill impairment charge is a non-cash accounting adjustment to the consolidated statement of financial condition that does not affect the Company's cash flow or liquidity and has no effect on tangible capital ratios and a negligible impact on the Company's other regulatory capital ratios.
A statement of financial condition for local governments will meet this need.
As a result, the transfers of the mortgage loans pursuant to these securitizations were accounted for as secured borrowings with the mortgage loans continuing to be reflected as assets on our consolidated statement of financial condition with appropriate footnote disclosure indicating that the mortgage loans were, for legal purposes, sold to the securitization trusts.
If the Company is not confident at fiscal year end in its ability to securitize these receivables by February 28, 2006 (90 days later), they will remain on the Company's statement of financial condition and become subject to the Company's reserving policies.
The dividend will be accompanied by our condensed statement of financial condition.
Gabelli's statements of financial condition at December 31, 2003 and December 31, 2004 are presented in Table I along with a pro forma statement of financial condition as of February 17, 2005 based on December 31, 2004 balances, adjusted for the issuance of the common shares and the receipt of proceeds.
The Company will shortly be filing an amendment to its Quarterly Report on Form 10-Q for the quarter ended December 31, 2003 to restate its consolidated statement of financial condition as of December 31, 2003 and its consolidated statements of operations for the three months ended December 31, 2003 to correct the accounting treatment for a Bank Owned Life Insurance ("BOLI") policy.