And the anticipated loss for the fourth quarter is likely to make 1988 an essentially profitless year.
Of the current charge, more than $100 million is for covering anticipated losses over 25 years on the World Financial Center.
The anticipated loss there, while only $25 million when the tax is fully eliminated, would account for about 4.6 percent of all revenues.
Latest quarter results included a $31-million charge for the additional anticipated loss on the 1990 Goodwill Games.
The anticipated loss of two events is not the end of unwelcome news.
The Shubert has a $500,000 accumulated deficit and an anticipated $100,000 loss this year.
The network decided to write off the anticipated losses in the third quarter of 1991.
By that yardstick, Chrysler has used up about half the anticipated loss.
A recent pilot of this work has already protected more than £16m of anticipated losses in tax credits.
They did not provide further details about the severity of the anticipated loss.