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UIL Finance (LSE:UTLG) Cash Payments for Deposits by Banks and Customers


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What is UIL Finance Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


UIL Finance (LSE:UTLG) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » UIL Finance Ltd (LSE:UTLG) » Definitions » Cash Payments for Deposits by Banks and Customers
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2 Church Street, Clarendon House, Hamilton, BMU, HM 11
UIL Finance Ltd is a closed-ended investment company. Its investment objective is to finance and fund the final capital entitlements of the zero dividend preference (ZDP) shares. It seeks to fund the final capital entitlements of the ZDP shares by lending current asset funds to its parent company. The company is exempt from taxation, except insofar as it is withheld from income received.