reduction of liabilities

Revenues are increases in economic resources, either by way of inflows or enhancements of assets or reductions of liabilities, resulting from the ordinary activities of a department.

We expect to reduce our asset base which will further help reduce our risk profile and improve capital ratios through reductions in the amount of outstanding loans and securities through normal principal amortization, and a corresponding reduction of liabilities. -- Continued Expense Control.

Or. en Justification The group supervision and support regimes should operate on an overall economic basis allowing intra group transfer. Group support to restore of MCR can be other than a transfer of funds, for example a reduction of liabilities, what is needed is the ability to reconfigure solvency capital to meet circumstances.