Finans
Yari Yeniden Yapilandirma (Quasi-Reorganisation)
İngilizce: quasi-reorganisation
Türkçe Tanım
Bir sirketin resmi bir iflas ya da tasfiye surecine girmeden, birikmis zararlarini muhasebe kayitlarindan silerek yeni bir baslangic yaptigi ozkaynak yeniden duzenlemesidir; tipik olarak varliklar yeniden degerlenir ve gecmis yil zararlari sermaye ya da yeniden degerleme fazlasiyla mahsup edilir. Bu islem, sirketin gelecekteki karlarini temettu dagitimina acmasi bakimindan degerlidir; nitekim birikmis zarar tasiyan bir proje sirketi, yari yeniden yapilandirma olmaksizin nakit uretse dahi sponsorlarina dagitim yapamaz ve bu durum ozkaynak getirisinin gerceklesme zamanlamasini dogrudan geciktirir.
English Definition
An equity restructuring in which a company makes a fresh start by eliminating accumulated deficits from its accounting records without entering a formal insolvency or liquidation; assets are typically revalued and prior-year losses offset against capital or a revaluation surplus. The exercise is valuable in reopening the company's future profits to dividend distribution, since a project company carrying an accumulated deficit cannot distribute to its sponsors even while generating cash absent a quasi-reorganisation, which directly delays the timing of equity returns.