Kunlun Energy Company Limited Unusual Items

Metrics similar to Unusual Items in the financials category include:

• Preferred Dividends Paid (IS) - The sum of dividends paid to preferred and other equity holders as reported on the company’s income statement.
• Trust Pref. Securities - This item represents a specific type of security possessing characteristics of both equity and debt securities. A company creates trust-preferred security by creating a subsidiary trust and providing funds through loans to the parent company. The trust issues mandatory redeemable preferred securities and the proceeds are invested by the trust in the subordinated debentures of the company, which are the sole assets of the trust. On maturity the company repays the debentures and the Trust in turn uses these amounts to redeem the preferred securities. The interest flows back through the subsidiary to the preferred shareholders. Because the interest paid to the trust is tax-deductible, and the subsidiary is not taxed on the interest received because it flows to the shareholders, the company may realize significant tax benefits.
• EPS, Adjusted w/ Current Shares Out - This item represents Diluted EPS excluding unusual items. Note, this calculation uses the latest current shares outstanding.
• Book Value per Share (Reported) - If reported by the company, the book value of common equity on a per basic share basis. Use bv_share if you would like the value computed and normalized by us.