1.   The credit risk to the clearing house has now disappeared because accumulated losses are not allowed to build up.

2.   He stressed the need for economies after accumulated serious losses over the last seven years.

3.   Markets began to tumble and gathered speed on speculation that the accumulated losses could take national banks out.

4.   Under accounting rules, Enron could keep the accumulated losses in the Raptors off its books only if the partnerships remained financially healthy.

5.   Also, they suffer from accumulated losses that could not be settled without the intervention of the governments.

6.   Profits have been used on new equipment, modernization, postponing rate increases and reducing accumulated losses.

7.   The process will help BBC to restructure its financial position and clean up its huge accumulated loss.

8.   NKK said it expected to wipe out all accumulated losses by the end of the September half, due to a rebound in underlying earnings following restructuring.

9.   PAL hopes to turn around billions of pesos in accumulated losses over a decade through its refleeting program.