SES Changes Backlog Accounting To Ensure Fair Comparisons with its Competitors

PETER B. de SELDING

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SES Changes Backlog Accounting To Ensure Fair Comparisons with its Competitors

机译：SES更改积压会计，以确保与其竞争对手进行公平比较

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SES Global officials sought to blow the whistle Nov. 7 on what they say is an overly loose way of defining backlog among satellite-fleet operators. To make sure its standing among investors is not affected by any potentially unfavorable and what it would consider misleading comparisons with its competitors, the company is expanding the way it reports backlog. For similar reasons it also is changing the way it calculates satellite transponder fill rates. For a commercial satellite operator, contracted backlog and fleet-occupancy levels, or fill rates, are two of the most-watched indicators of a company's health. For many investors, a key attraction of the satellite sector lies in its stable cash flows, which are guaranteed by the multiyear contracts for satellite capacity that television broadcasters sign.

机译：SES Global官员试图在11月7日吹嘘他们所说的在卫星舰队运营商中定义积压工作的过于宽松的方式。为了确保其在投资者中的地位不受任何潜在不利因素的影响，以及与竞争对手相比会产生误导性的影响，该公司正在扩大其积压报告的方式。由于类似的原因，它也在改变计算卫星转发器填充率的方式。对于商业卫星运营商而言，合同积压和机队占用水平或填充率是公司健康状况中最受关注的两个指标。对于许多投资者而言，卫星行业的主要吸引力在于其稳定的现金流，这是由电视广播公司签订的多年期卫星容量合同保证的。

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《Space news》 |2005年第45期|p.4|共1页
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PETER B. de SELDING;
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SES Changes Backlog Accounting To Ensure Fair Comparisons with its Competitors

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