Ultimately the company agreed to utilize a new method that conformed to GAAP, beginning on January 1, 1994. Corporate Controller Thomas Hau and CFO James Koenig allegedly determined that the new GAAP method would result in an increased annual interest expense of about $25 million; therefore they chose to phase in the new method over three years, beginning in 1995. However, the company continued to utilize the NBV method for interest capitalization through 1997.