“The consultant, Loren Thompson, argued that the price tag of the new fighter should be given as a "unit recurring flyaway" cost, which includes only the cost of producing the aircraft, but does not include what are called nonrecurring costs, meaning the hefty amounts spent on research and development to build the basic technology.”
“Some of it, like the money spent on pipe lines and refineries, is not necessarily of a recurring nature; but it is surprising how many "nonrecurring" items do, in fact recur time and again.”
“An even more common trait is a willingness to ignore "nonrecurring" charges, even though such expenses reduce book value in the same way as recurring expenses.”
“The distinction also matters because current changes in reporting standards are likely to increase the occurrence of "nonrecurring" type charges similar to special items, such as fair value changes.”
“According to the indications given by the semiofficial press, the 'nonrecurring' expenditure will amount to a milliard marks, while the 'permanent' annual expenditure resulting from the increase of effectives will exceed 200,000,000 marks.”
“It seems certain that the 'nonrecurring' expenditure will be covered by a war contribution levied on capital.”
“My argument was that we had a nonrecurring opportunity, that we would never get back to this place again.”
“Restated to exclude nonrecurring items, including the Amadeus gain, the bottom line showed a loss of €234 million, down from a loss of €1.23 billion a year earlier.”
“If this is how the government's accounts look when the wind is at its back, what will happen when Mrs. Kirchner's luck runs out—that is, when commodity prices correct and there are no more nonrecurring property grabs to be had?”
“Mr. Cuomo's budget would raise an additional $800 million in revenue from nonrecurring sources, known as one-shots, which include a refinancing of debt and using transit funds to pay debt service.”
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