. fin 46r replaced the previously issued fin 46 and , subject to certain special provisions , was effective no later than the end of the first reporting period that ends after december 15 , 2003 for entities considered to be special- purpose entities and no later than the end of the first reporting period that ends after march 15 , 2004 for all other vies . early adoption was permitted . the company adopted fin 46r in the fourth quarter of 2003