Used by real estate and other investment trusts to define the cash flow from trust operations. It is earnings with depreciation and amortization added back. A similar term increasingly used is Funds Available for Distribution (FAD), which is F.F.O. less capital investments in trust property and the amortization of mortgages.
FUNDS FROM OPERATIONS
Meaning of FUNDS FROM OPERATIONS in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012