English to Russian Other Finance (general)

Из финансового отчета ACI Payment Systems, которая недавно приобрела корпорацию S1:

1. Что значит deferred revenue haircut?

2011 and 2012 Operating Income and Adjusted EBITDA exclude one-time expenses
related to the acquisition of S1 Corporation but include impact of the $20 million
deferred revenue haircut.

2. И в сочетании non-cash purchase accounting adjustments for certain deferred revenue haircut:

Combined Guidance before one-time transaction expenses:
– Represents 10½ months of financial results of S1
– State Farm custom project completed in 2011 (revenue of ~$17 million in 2011)
– Includes annual cost synergies of $25 million to be realized in 2012
– Includes estimates for non-cash purchase accounting adjustments (assumes deferred
revenue haircut of $20M)