ORCA INVESTMENT PLC ORCA INVESTMENT PLC

Size: px
Start display at page:

Download "ORCA INVESTMENT PLC ORCA INVESTMENT PLC"

Transcription

1 ORCA INVESTMENT PLC 9 ORCA INVESTMENT PLC ) )... Sharelink Securities and Financial Services Limited,. :..... Document_Orca_Approved.doc 1

2 .,, ( ),,,,,, (""),, /,.,,,».. ( ).,.» Orca Investment Plc, Sharelink Securities and Financial Services Limited, : Document_Orca_Approved.doc 2

3 . ( ) ( ) (), ,01 ( ) ( ), ,01 ( ) ¹ ( ) ( ) / / 0,01 ( ) (1) 11, : 1: Orca Investment Plc,,,,,. 11,7., , ( ) 10%., : Document_Orca_Approved.doc 3

4 . ) (277) : : (1.335) (,,.)..,,. 2. /..,. 3.,, (. /,,,, )., /,, /, / /..,. Document_Orca_Approved.doc 4

5 .. 9,83 9,83 9,78 9,78 31/12/2008 (1) (0,68) (0,68) 31/12/2009 (2) (0,21) (0,21) 30/06/2010 (3) (0,23) (0,23) 31/12/2009 (4) 30/06/2010 (5) 2009/ (6) (0,28) (0,28) 2009/ (6) (0,21) (0,21) / (7) (0,02) (0,02) / (7) (0,02) (0,02) (V) (8) () (8) (8) (8) : ( ), 1,71 0,01).,, (117.), , (251.), , (277.), , 2009, (251.), ( ), : Document_Orca_Approved.doc 5

6 . ) (251) : : (1.339) ( ) 9, , , (277.), (), :. ) (277) : : (1.335) ( ) 9, , (189.) (144.),, , (29.) (26.),, Orca Investment Plc,,,. : 1.,,. 2.. Document_Orca_Approved.doc 6

7 . (, ) Constantinou Bros Hotels Public Company Ltd. 1977,, A.C. Grapex (Dealers & Exporters) Limited. Paphos Stone C. Estates Limited King s Head Development Company Limited.. Pioneer Beach Hotel King s Head Development Company Limited A&A Constantinou Bros Limited. H. A & A Constantinou Bros Limited Constantinou Bros Hotels Limited Constantinou Bros Hotels Public Company Limited. 86,87%. Paphos Stone C. Estates Limited, King s Head Development Company Limited, A&A Constantinou Bros Limited, Paphian Blueshore Holidays Limited, Paphian Airservices Limited, A.C. Grapex (Dealers & Exporters) Limited Constantinou Bros Asset Management Plc, Business Administration Royal Holloway University of London. Hotel Management University of Surrey. Constantinou Bros Hotels Ltd. Constantinou Bros Asset Management Plc Constantinou Bros Developers Ltd. Document_Orca_Approved.doc 7

8 1983 Glion. Constantinou Bros Hotels Ltd 2007,, (SPA). Constantinou Bros Asset Management Plc Constantinou Bros Developers Ltd Hospitality Management University of Surrey. Finance, University of Surrey. Constantinou Bros Hotels Ltd, Sales & Marketing Constantinou Bros Asset Management Plc Constantinou Bros Developers Ltd.. 12, , , , 8048 : Marfin Popular Bank Public Co. Ltd Ernst & Young Cyprus Limited, Sharelink Securities and Financial Services Ltd 6, 22379, 1521 Document_Orca_Approved.doc 8

9 LLC., 284 Fortuna Court, Block B, ,,,,,, : : : : : : : Document_Orca_Approved.doc 9

10 . (1). ) (215) (635) - ( ) 0 (29) (14) (102) (73) (40) ) / (14) (122) 292 (40) (15) (67) (61) (140) ) / (29) (189) 231 (179) ) / (26) (144) 231 (179) ( ) (0,02) (0,21) 1,35 (1,05) 2007,. 2008, 1,0., 2009, , , , , , ,.. ) (Gross Profit Margin) -15,6% 36,3% (Net Profit Margin) -77,4% 23,2% 36,3% 2008, (15,6)% 2009, ,.. 23,2% 2008 (77,4)% ,,. Document_Orca_Approved.doc 10

11 : ,. (2). ) : : (289) (263) (119) (350) (277) (251) (117) (348) : ,.,., , ,6., 2,5. 2,4.,, ,4.., , , ,, ,,, 100%.. Document_Orca_Approved.doc 11

12 , , ()., 10%, 11,7., ( ), 2,9.,, 19,7% Grachi Trading Ltd... ) (Gearing ratio) (Gearing ratio) 0,0 0,1 / ) 1,0 0,9 1,1 1,1 (Quick Ratio) ( / ) 0,0 0,0 0,0 0,0 ( / ) ( / ) 0,5 0,1 9,1 2, , , , ,, ( ). 0, , , , 0, , ,., 0, , , ,,, , ,1 Document_Orca_Approved.doc 12

13 ,5, 2,7 9,1. (3). ) / ( ) /() /() /() / / (41). 2007, , (127) (19) , (210) : ,. (4) ,.,, Document_Orca_Approved.doc 13

14 ,,,, ,., «Konia Panorama Village», (23).,, ,.. (1),,,, ( ).,.,,,. (..). Orca Investment Plc Orca Investment Ltd Orca Investment Plc ,,, ,, Konia Panorama Village ,., 153, 2005 (7), «Konia Valley» , Document_Orca_Approved.doc 14

15 , 130..,. Orca Investment Plc, (at arm s length).,,,,., marketing,,. 2010,.,,., , Constantinou Bros Developers Ltd, Constantinou Bros Developers Ltd. Constantinou Bros Developers Ltd Constantinou Bros Developers Ltd,,,., , 25 Agathocles Complex,....,.,,. :,,,,,,,,.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,. Document_Orca_Approved.doc 15

16 ,, ,, ,, Orca Investment Ltd Orca Investment Plc Orca Investment Plc.. (2), 10%.. 20%,. 10%. 50% 15%. 70%,,, 70%. 15% ( ) % 1%. : ) 50%, Document_Orca_Approved.doc 16

17 ).,.,., 15%.. : ) 183, ).. 15%, " ".., , ) ,,., ,15%. Document_Orca_Approved.doc 17

18 (3) ().., (, ). 10%.,,,.,,,.,.,,., 2010,., :,, , (23), Konia Panorama Village , 130,,.. Xenios Stephanou & Associates, 2009, :, , Document_Orca_Approved.doc 18

19 , (23) , 2009, , , «Konia Panorama Village»,., 130,., ,. 1] Constantinou Bros Developers Limited Constantinou Bros Developers Limited Orca Investment Plc, , Constantinou Bros Developers Ltd, Constantinou Bros Developers Ltd. : (i) (ii) (iii) (iv) (v) (vi) Constantinou Bros Developers Ltd Constantinou Bros Developers Ltd Constantinou Bros Developers Ltd ( ) ( ) /.,, Orca Investment Plc : o,. Document_Orca_Approved.doc 19

20 o o Constantinou Bros Developers Ltd. Constantinou Bros Developers Ltd 24,. Orca Investment Plc Constantinou Bros Developers Ltd ,,. 2] Orca Investment Plc, ,. 25. Agathocles Complex. : (i) (ii) (iii) (iv) (v) (vi) 25 Agathocles Complex... ( ) Agathocles Complex Agathocles Complex Agathocles Complex ( ) Agathocles Complex.,, Orca Investment Plc : o,. o.. Document_Orca_Approved.doc 20

21 o. 24, Agathocles Complex. Orca Investment Plc ,,. 3] Orca Investment Plc, ,. 25. Agathocles Complex. : (i) (ii) (iii) (iv) (v) (vi) 25 Agathocles Complex.. ( ) Agathocles Complex Agathocles Complex Agathocles Complex ( ) Agathocles Complex.,, Orca Investment Plc : o o,... Document_Orca_Approved.doc 21

22 o. 24, Agathocles Complex. Orca Investment Plc ,,., 77 Paphos Stone Sea Estate Ltd,, CB Holdings Plc. Paphos Stone Sea Estate Ltd, ,,, /.,. (4) 4.1. ) , «Konia Valley» Document_Orca_Approved.doc 22

23 (5) / ( ). (6).,..,., ,,.., 1 2,,,.,,,,,,..,..,.,, Document_Orca_Approved.doc 23

24 .,.,.,,.,.,,.,, Orca Investment Plc,.,,,,., Constantinou Bros Developers Ltd,.., :. :,,.. ( ), Document_Orca_Approved.doc 24

25 :..,,,,.. (1),.,,, ( ) , , , , , ,, 1,71 0,01 ( )., , , , ,00., , ,01, , , , 1.710, ,71. Document_Orca_Approved.doc 25

26 1 2009,, 1,71 0,01 ( )., 1.710, , , , ,01., , ,01, ,.,,, ,01 : ,,,..,.. Document_Orca_Approved.doc 26

27 (2). ) ) (%) ,00% ,975% % (1) ,975% (2) ,025% 2% ,00% ( ) ,00% : 1. 5%.,, , 0,025%, (1),. Document_Orca_Approved.doc 27

28 .. % ,00% ,66% ,66% ,66% ,66% ,66% ,66% ,03% ,00% % Orca Investment Plc,. :. % ,00% ,66% ,66% ,66% ,66% ,66% ,66% 300 0,03% ,00% ( ).. ( ), ( ), ( ),. ( ) ( )., (300 ).. Orca Investment Plc, 5% Document_Orca_Approved.doc 28

29 .., Orca,.., :. % ,00% ,66% ,66% ,66% ,66% ,66% ,66% 300 0,03% ,00% ,00% , 99,975%.. (1),,,,..,. -, ), ) Document_Orca_Approved.doc 29

30 ).,,.,,..,.,,. : ) :,.,,,., : -,. -. -,.. ) :.. ) :... Document_Orca_Approved.doc 30

31 ) :,,.. ),,,,,.,,.,.,, ,,,,.,, ,., «Konia Panorama Village», (23).,, ,. 2010,,. Constantinou Bros Developers Ltd, Constantinou Bros Developers Ltd. Constantinou Bros Developers Ltd Constantinou Bros Developers Ltd,,,..,, 25 Agathocles Complex... Agathocles Complex., Document_Orca_Approved.doc 31

32 ,,.,. Orca Investment Plc,, Orca,,. (2) ( ).,..,., 5%. ;,.,, :.,.. Orca Investment Plc. Document_Orca_Approved.doc 32

33 , , 1,2. 1,3.. 1, ,25% ,.,.,.. : i., ii.,. iii. ( ),. iv.,,,. v.,. vi.,,,. vii..., 2,. 2009,,. 2010,,., Document_Orca_Approved.doc 33

34 Constantinou Bros Developers Ltd, 50. Agathocles Complex,.... : (i). (ii),. (iii),,. (Qualification on the auditors report). 2007, Orca Investment Plc., , (251.), (277.) , (), , 10% Document_Orca_Approved.doc 34

35 , 11,8. 11, , :. ) (277) (251) : : (1.335) (1.339) : (i). (ii),. (iii),,., ( qualification on the auditors report).. :. ;, ,,....,,. Document_Orca_Approved.doc 35

36 . ),, ), ) ) ) ) ) ) ) ) ),., ,,,,...,,,,,... Document_Orca_Approved.doc 36

37 .. ).. ( ). (.,,, Orca Investment Plc ,8. 11, ,, 10% (), (subordination) (,, ) Document_Orca_Approved.doc 37

38 ,, (redemption) () * / * Orca Investment Plc.. Sharelink Securities and Financial Services Ltd Orca Investment Plc Document_Orca_Approved.doc 38

WHITE KNIGHT HOLDINGS PUBLIC COMPANY LIMITED

WHITE KNIGHT HOLDINGS PUBLIC COMPANY LIMITED WHITE KNIGHT HOLDINGS PUBLIC COMPANY LIMITED ( /. White Knight Holdings Public Company Limited (). 4/1/2006. / Sharelink Securities and Financial Services Limited :. 3 2006 . ( ) ( ) 500.000.000 250.000.000

More information

MFS HOLDINGS PUBLIC COMPANY LIMITED) UNIVERSAL LIFE INSURANCE PUBLIC COMPANY LIMITED

MFS HOLDINGS PUBLIC COMPANY LIMITED) UNIVERSAL LIFE INSURANCE PUBLIC COMPANY LIMITED ASPIS HOLDINGS PUBLIC COMPANY LIMITED MFS HOLDINGS PUBLIC COMPANY LIMITED) UNIVERSAL LIFE INSURANCE PUBLIC COMPANY LIMITED TOY 100% UNIVERSAL LIFE INSURANCE PUBLIC COMPANY LIMITED (1) UNIVERSAL LIFE INSURANCE

More information

Page 1 of 7 Business Report HUGO BOSS UK LIMITED Statutory Information Company Name HUGO BOSS UK LIMITED Registration Number 03484933 of Incorporation 17/12/1997 Registered Office 39 PLENDER STREET, LONDON,

More information

Page 1 of 37 # $ $ " $# " #! " % $ &'(")"# *+,)#)./(0 1)2+)1*+, 3")#)./("*+4,%" )#)./(,,)#2+)( 3 %&'/ ",, &*)1*/252+))&1)1*'25 2+))6 " #% 6" " 6 " ",, ", #, 1+, 6 6,, " 3, )/, &'(" )/,6# 2+2(%,*(, 1, ")#).*+

More information

!' /%!' / / 8 ' 2 % / L ' % M " 7'' / 75,G ; M

!' /%!' / / 8 ' 2 % / L ' % M  7'' / 75,G ; M !' /% ' '/'' /%'' G " '' ''' M L 7%/% %% %% /!%,%%=>!' / / 5'=> 8 ' 2 % / ' 5'=> 7'/Q( /,%%=> L ' % M " 7'' / % /6 7%,5 6 7%,5=67> 7'E"/ % / L 2 % /,G 75,G ; M " ' /%,G. %/; , B 1 0.

More information

The application of the system of intellectual property management in small and medium enterprises

The application of the system of intellectual property management in small and medium enterprises Neapolis University HEPHAESTUS Repository School of Economic Sciences and Business http://hephaestus.nup.ac.cy Master Degree Thesis 2014-09 The application of the system of intellectual property management

More information

Teacher Resource Bank

Teacher Resource Bank Teacher Resource Bank GCE Accounting Other Guidance: ACCN2 Update on IAS ACCN3 Updates on IAS (July 2012). The Assessment and Qualifications Alliance (AQA) is a company limited by guarantee registered

More information

BUSINESS CREDIT REPORT ===========================================================

BUSINESS CREDIT REPORT =========================================================== Subject: Shanghai Dalong Zhiheng Technology Development Co., Ltd. SBD No.: 1234567895 Printing Time: 31-01-2004 Report Type: Business Credit Report Currency in this report is Renminbi unless otherwise

More information

%, $2.50 $ , , %!, $3.. $. $. $. " #

%, $2.50 $ , , %!, $3.. $. $. $.  # 1 1 2003 80%, $250 $2 1 2006, 1 2006, 1 2003 40%!, $3!" 31 2004 # $!%: $ $ $ " 115 293 350 # 380 60 50 495 353 400 $ % 56 44 40 & 64 29 45 ' 0 120 14 87 15 100 ( 615 440 500 )!! $ " ( 1 ) 50 100 150! 50

More information

ACCOUNTING FOR NON-ACCOUNTANTS

ACCOUNTING FOR NON-ACCOUNTANTS Deutsch and Chikarovski's ACCOUNTING FOR NON-ACCOUNTANTS A Question and Answer Handbook Robert Deutsch and Kris Chikarovski THE FEDERATION PRESS 2012 Preface - x Who is this book for? x What is in this

More information

In the Matter of Del Stone London Limited And in the Matter of the Insolvency Act and Rules 1986

In the Matter of Del Stone London Limited And in the Matter of the Insolvency Act and Rules 1986 In the Matter of Del Stone London Limited And in the Matter of the Insolvency Act and Rules 1986 Company Number: 04487057 Trading As: Del Stone London Formerly: No previous names Registered Office: C12

More information

Enhanced NET Securities Trading Platform User Hints

Enhanced NET Securities Trading Platform User Hints Enhanced NET Securities Trading Platform User Hints I Securities Trading 1. Buy/Sell 2. Speed Trading 3. Order Type accepted in various Trading Session 4. Order Amendment 5. Order Cancellation II. Account

More information

Dalian Wanda Commercial Properties Co., Ltd. (A joint stock limited liability company incorporated in the People s Republic of China)

Dalian Wanda Commercial Properties Co., Ltd. (A joint stock limited liability company incorporated in the People s Republic of China) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

2012 FINANCIAL MANAGEMENT AND ACCOUNTS

2012 FINANCIAL MANAGEMENT AND ACCOUNTS Name : Roll No. :.... Invigilator s Signature :.. CS/B.TECH/EE/CSE/IT/ICE/SEP.SUPPLE/SEM-7/HU-701/2012 2012 FINANCIAL MANAGEMENT AND ACCOUNTS Time Allotted : 3 Hours Full Marks : 70 The figures in the

More information

IN THE SUPERIOR COURT OF WASHINGTON FOR THE COUNTY OF KING In Re the Guardianship/Trust/Settlement of: ) No. ) ) FIDUCIARY S ) INVESTMENT PLAN ) )

IN THE SUPERIOR COURT OF WASHINGTON FOR THE COUNTY OF KING In Re the Guardianship/Trust/Settlement of: ) No. ) ) FIDUCIARY S ) INVESTMENT PLAN ) ) IN THE SUPERIOR COURT OF WASHINGTON FOR THE COUNTY OF KING In Re the Guardianship/Trust/Settlement of: No. FIDUCIARY S INVESTMENT PLAN I. General Information 1. Name of Fiduciary: Prof. License # 2. Effective

More information

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE EXECUTION COPY Final Terms dated 16 May 2016 General Motors Financial International B.V. Issue of 500,000,000 1.168 per cent. Notes due 18 May 2020 under the 10,000,000,000 Euro Medium Term Note Programme

More information

Shree Guru Kripa s Institute of Management

Shree Guru Kripa s Institute of Management COST ACCOUNTING & FINANCIAL MANAGEMENT Reg. No.. Total Number of Printed Pages: 5 Date: 30.03.2016 Maximum Marks: 100 Question 1 is compulsory (4 5 = 20 Marks). Answer any 5 from the remaining 6 (16 5

More information

Case Study: Education

Case Study: Education Case Study: Education 33 New lessons learnt at Royal Holloway University Executive Summary Royal Holloway University is part of the University of London, with a 180 acre campus in Egham, Surrey. The Facilities

More information

Minutes of the Annual General Meeting of Shareholders 2012 MAYBANK KIM ENG SECURITIES (THAILAND) PLC.

Minutes of the Annual General Meeting of Shareholders 2012 MAYBANK KIM ENG SECURITIES (THAILAND) PLC. Minutes of the Annual General Meeting of Shareholders 2012 Of MAYBANK KIM ENG SECURITIES (THAILAND) PLC. Time and Place The General Meeting of Shareholders was held on March 30, 2012 at 14.05 h. at the

More information

Louis plc Group. Presentation. December 2006

Louis plc Group. Presentation. December 2006 Louis plc Group Presentation December 2006 2 Overview of Louis plc The Louis plc Group is a diversified international group whose core competency stems from its 71 year history in the tourism industry.

More information

Teacher Resource Bank

Teacher Resource Bank Teacher Resource Bank GCE Accounting Other Guidance: Layouts and Formulae ACCN1: Layouts ACCN2: Layouts and Formulae ACCN4: Layouts and Formulae (Updated July 2012) The Assessment and Qualifications Alliance

More information

MBA (3rd Sem) 2013-14

MBA (3rd Sem) 2013-14 310/MBA(I) MBA/28/FM-301/T/ODD/13-14 2013-14 MBA (3rd Sem) Paper Name : Corporate Taxation and Tax Planning Paper Code : FM-301 Full Marks : 70 Time : 3 Hours The figures in the right-hand margin indicate

More information

Overseas aspects of corporation tax may be examined as part of question two, or it could be examined in questions four or five.

Overseas aspects of corporation tax may be examined as part of question two, or it could be examined in questions four or five. RELEVANT TO ACCA QUALIFICATION PAPER F6 (UK) Overseas aspects of corporation tax This article is relevant to candidates taking Paper F6 (UK) in either June or December 2013, and is based on tax legislation

More information

11.437 Financing Community Economic Development Class 6: Fixed Asset Financing

11.437 Financing Community Economic Development Class 6: Fixed Asset Financing 11.437 Financing Community Economic Development Class 6: Fixed Asset Financing I. Purpose of asset financing Fixed asset financing refers to the financing for real estate and equipment needs of a business.

More information

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI LOYOLA COLLEGE (AUTONOMOUS), CHENNAI 600 034 B.com. DEGREE EXAMINATION COMMERCE SIXTH SEMESTER NOVEMBER 2013 CO 6605 MANAGEMENT ACCOUNTING Date : 09/11/2013 Dept. No. Max. : 100 Marks Time : 1:00-4:00

More information

ANSWERS. QUESTION ONE a) MJENGO BUILDERS: CONTRACT ACCOUNT

ANSWERS. QUESTION ONE a) MJENGO BUILDERS: CONTRACT ACCOUNT ANSWERS QUESTION ONE a) MJENGO BUILDERS: CONTRACT ACCOUNT.. Direct wages 240,000 Material returns 2,500 Accrued wages 10,000 Plant & equipment value c/d 100,000 Materials issued 275,000 Materials closing

More information

MANDATUM LIFE INSURANCE BALTIC SE

MANDATUM LIFE INSURANCE BALTIC SE MANDATUM LIFE INSURANCE BALTIC SE INTERIM REPORT 1-3Q/2010 Business name: MANDATUM LIFE INSURANCE BALTIC SE Commercial registry code: 10561490 Address: Viru väljak 2, 10111 Tallinn Telephone: 6812 300

More information

INTERIM REPORT 1Q/2010

INTERIM REPORT 1Q/2010 SE SAMPO LIFE INSURANCE BALTIC INTERIM REPORT 1Q/2010 Business name: SE SAMPO LIFE INSURANCE BALTIC Commercial registry code: 10561490 Address: Viru väljak 2, 10111 Tallinn Telephone: 6812 300 Fax: 6812

More information

Institute of Certified Bookkeepers

Institute of Certified Bookkeepers Making you count Institute of Certified Bookkeepers Level IV Certificate in Advanced Bookkeeping and Accounts Syllabus from April 2014 Institute of Certified Bookkeepers ICB Level IV Certificate in Bookkeeping

More information

CENTRE FOR CONTINUING EDUCATION BBA (AVIATION OPERATION)

CENTRE FOR CONTINUING EDUCATION BBA (AVIATION OPERATION) CENTRE FOR CONTINUING EDUCATION BBA (AVIATION OPERATION) BATCH: SEMESTER: NAME: ROLL NO: ASSIGNMENT 1 & 2 FOR BUSINESS ACCOUNTING BBCF 131 UNIVERSITY OF PETROLEUM & ENERGY STUDIES Assignment-1 Note: All

More information

Filbert Village Student Accommodation Limited Partnership Partner s report and financial statements Year ended 31 December 2014 Notes (continued) 1 Accounting policies (continued) Tangible fixed assets

More information

International Financial Reporting Standards (IFRS) Implementation and Impacts. February 2, 2005

International Financial Reporting Standards (IFRS) Implementation and Impacts. February 2, 2005 International Financial Reporting Standards () Implementation and Impacts February 2, 2005 WHAT ARE? have been formulated by the International Accounting Standards Board (IASB) to: harmonize global accounting

More information

For personal use only

For personal use only Deal Name: Driver Australia One Issuer: Perpetual Corporate Trust Limited (ABN 99 000 341 533) of Level 12, 123 Pitt Street, Sydney NSW 2000 Australia in its capacity as trustee of the Driver Australia

More information

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level ACCOUNTING 9706/04 Paper 4 Problem Solving (Supplementary Topics) For Examination from 2010 SPECIMEN PAPER

More information

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED This document is issued by Standard Life Investments Property Income Trust Limited (the "Company") and is made available by Standard Life Investments (Corporate Funds) Limited (the AIFM ) solely in order

More information

Money Without Frontiers

Money Without Frontiers Money Without Frontiers Universal Foreign Exchange Sterling House Fulbourne Road London E17 4EE United Kingdom Dealing Desk Tel: +44 (0)20 8498 2777 Dealing Desk Fax: +44 (0)20 8527 2848 Switch Board Tel:

More information

Unable to judge. Credit Rating

Unable to judge. Credit Rating COMPANY SUMMARY Ref. No. Company Name Former Name Operating Address Registered Address CEFC China Energy Company Limited CEFC China Electromechanical Equipment Co., Ltd. (literal translation) (Change Date:2011-08-11)

More information

Internal Revenue Service

Internal Revenue Service Internal Revenue Service Number: 200750009 Release Date: 12/14/2007 Index Numbers: 368.04-00, 355.01-00 ---------------------- -------------------------------------------------- --------------------------------------

More information

GROWING A PAYROLL SERVICE COMPANY BY THE NUMBERS. Data, Analysis, Governance

GROWING A PAYROLL SERVICE COMPANY BY THE NUMBERS. Data, Analysis, Governance GROWING A PAYROLL SERVICE COMPANY BY THE NUMBERS Data, Analysis, Governance PAYROLL DATA Payroll is about data Revenue is driven by volumes Numbers of Customers Number of Services Number of Services Provided

More information

Consolidated Financial and Performance Review for the First Quarter of Fiscal Year Ending March 2007 July 28, 2006

Consolidated Financial and Performance Review for the First Quarter of Fiscal Year Ending March 2007 July 28, 2006 Consolidated Financial and Performance Review for the First Quarter of Fiscal Year Ending March 2007 July 28, 2006 Company Name: URL: Representative: Inquiries: Kenwood Corporation (Code No. 6765, Stock

More information

EASTERN MERCHANTS PLC INTERIM FINANCIAL REPORT TWELVE MONTHS ENDED 31ST MARCH 2010

EASTERN MERCHANTS PLC INTERIM FINANCIAL REPORT TWELVE MONTHS ENDED 31ST MARCH 2010 INTERIM FINANCIAL REPORT TWELVE MONTHS ENDED 31ST MARCH 2010 COMPANY INCOME STATEMENT Quarter ended Twelve Months to 31st March 31st March 2010 2009 Change 2010 2009 Change Rs. '000 Rs. '000 % Rs. '000

More information

CHAPTER 6. P.6.17 The following are the ratios relating to the activities of National Traders Ltd:

CHAPTER 6. P.6.17 The following are the ratios relating to the activities of National Traders Ltd: CHAPTER 6 Solved Problems P.6.17 The following are the ratios relating to the activities of National Traders Ltd: Debtors velocity (months) 3 Stock velocity (months) 8 Creditors velocity (months) 2 Gross

More information

A Paper for the Falcon Chambers Symposium: Property Law in the Recession 4 March 2009. Guy Fetherstonhaugh QC FALCON CHAMBERS

A Paper for the Falcon Chambers Symposium: Property Law in the Recession 4 March 2009. Guy Fetherstonhaugh QC FALCON CHAMBERS VALUATION IN PROFESSIONAL NEGLIGENCE CASES THE LESSONS TO BE DRAWN FROM LITIGATION IN THE LAST RECESSION. A Paper for the Falcon Chambers Symposium: Property Law in the Recession 4 March 2009 Guy Fetherstonhaugh

More information

CONNECTED TRANSACTION DISPOSAL OF 1.325% EQUITY INTEREST IN CITIC REAL ESTATE BY GOLDSTONE INVESTMENT

CONNECTED TRANSACTION DISPOSAL OF 1.325% EQUITY INTEREST IN CITIC REAL ESTATE BY GOLDSTONE INVESTMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

PAPER 19: Cost and Management Audit

PAPER 19: Cost and Management Audit PAPER 19: Cost and Management Audit Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 19 : Cost and Management Audit Time Allowed:

More information

Financials. Articles and agreements. Professional advisers

Financials. Articles and agreements. Professional advisers Financials Financials for the last 3 years Year Year Year Turnover Gross profit Net profit before tax Profit after tax Dividend No. of employees Value of the business Who calculated value? Year end date

More information

Whole Life Insurance in the UK, Key Trends and Opportunities to 2017

Whole Life Insurance in the UK, Key Trends and Opportunities to 2017 Brochure More information from http://www.researchandmarkets.com/reports/2623372/ Whole Life Insurance in the UK, Key Trends and Opportunities to 2017 Description: Synopsis - The report provides market

More information

HOW HEDGE FUNDS ARE STRUCTURED

HOW HEDGE FUNDS ARE STRUCTURED HOW HEDGE FUNDS ARE STRUCTURED Contents Executive Summary A hedge fund is an investment vehicle that can employ a wide range of investment and trading activities to maximize performance returns while minimizing

More information

Status of Capital Adequacy

Status of Capital Adequacy Capital Adequacy Ratio Highlights 204 Status of Consolidated Capital Adequacy of Mizuho Financial Group, Inc. 206 Scope of Consolidation 206 Consolidated Capital Adequacy Ratio 208 Risk-Based Capital 210

More information

Required Rating* (Fitch ST/LT, DBRS LT**) (Fitch ST/LT, DBRS LT**) Replacement within specified period

Required Rating* (Fitch ST/LT, DBRS LT**) (Fitch ST/LT, DBRS LT**) Replacement within specified period Transaction Overview Bloomberg Ticker: NDFT Report for the period ended: 17/08/2015 Reporting Periods: From: To: Collection Period: 24/06/2015 31/07/2015 Determination Date: 10/08/2015 Interest Period:

More information

MANDATUM LIFE INSURANCE BALTIC SE

MANDATUM LIFE INSURANCE BALTIC SE MANDATUM LIFE INSURANCE BALTIC SE INTERIM REPORT 1Q/2015 Business name: MANDATUM LIFE INSURANCE BALTIC SE Commercial registry code: 10561490 Address: Viru väljak 2, 10111 Tallinn Telephone: 6812 300 Fax:

More information

Institute of Certified Bookkeepers

Institute of Certified Bookkeepers Making you count Institute of Certified Bookkeepers Level IV Module 2 Drafting Financial Statements Topic 1 The Regulatory Framework Explain the purpose of Financial Statements, the legal framework that

More information

Financial Analysis. Financial Analysis

Financial Analysis. Financial Analysis Financial Analysis Eliciting information from the financial statements of a firm. Type of information sought depends on the person or firm involved. Who is interested? - Management for planning and evaluating.

More information

GCE. Accounting. Mark Scheme for January 2012. Advanced GCE Unit F013: Company Accounts and Interpretation. Oxford Cambridge and RSA Examinations

GCE. Accounting. Mark Scheme for January 2012. Advanced GCE Unit F013: Company Accounts and Interpretation. Oxford Cambridge and RSA Examinations GCE Accounting Advanced GCE Unit F013: Company Accounts and Interpretation Mark Scheme for January 2012 Oxford Cambridge and RSA Examinations OCR (Oxford Cambridge and RSA) is a leading UK awarding body,

More information

REIT; DIVIDENDS PAID DEDUCTION; REINVESTMENT PLAN

REIT; DIVIDENDS PAID DEDUCTION; REINVESTMENT PLAN Rev. Rul. 2002- [Ruling that discount is not a dividend] ISSUE REIT; DIVIDENDS PAID DEDUCTION; REINVESTMENT PLAN What are the Federal income tax consequences arising from the issuance of shares of a publiclytraded

More information

MANDATUM LIFE INSURANCE BALTIC SE

MANDATUM LIFE INSURANCE BALTIC SE MANDATUM LIFE INSURANCE BALTIC SE INTERIM REPORT 1Q/2012 Business name: MANDATUM LIFE INSURANCE BALTIC SE Commercial registry code: 10561490 Address: Viru väljak 2, 10111 Tallinn Telephone: 6812 300 Fax:

More information

F U N E R A L T R U S T A N N U A L R E P O R T 2 0 1 4

F U N E R A L T R U S T A N N U A L R E P O R T 2 0 1 4 NATIONAL F U N E R A L T R U S T A N N U A L R E P O R T 2 0 1 4 NFT 2015 UPDATE_NFT Annual Report 08/10/2015 14:47 Page 2 CHAIR MA N S S TATEMENT I am pleased to present the annual statement of National

More information

Concept: Residential complex of villas and apartments for sale with possibility of various common areas and facilities

Concept: Residential complex of villas and apartments for sale with possibility of various common areas and facilities Location: Milocer, Montenegro; Milocer is one of the most beautiful and prestigious locations on Montenegrin coast. The Royal Garden is 200m away from the extraordinary sandy beach of Przno and is only

More information

MANDATUM LIFE INSURANCE BALTIC SE

MANDATUM LIFE INSURANCE BALTIC SE MANDATUM LIFE INSURANCE BALTIC SE INTERIM REPORT 1-2Q/2015 Business name: MANDATUM LIFE INSURANCE BALTIC SE Commercial registry code: 10561490 Address: Viru väljak 2, 10111 Tallinn Telephone: 6812 300

More information

Hartford Life Institutional Funding. Hartford Life Insurance Company

Hartford Life Institutional Funding. Hartford Life Insurance Company Final Terms No. 4 dated December 6, 2006 Hartford Life Institutional Funding Issue of 250,000,000 5.375% Notes due January 17, 2012 secured by one or more Funding Agreement(s) issued by Hartford Life Insurance

More information

Coastal Banking Company Reports Fourth Quarter and Full Year 2011 Results

Coastal Banking Company Reports Fourth Quarter and Full Year 2011 Results For Immediate Release For More Information: Michael G. Sanchez Andy Mus Chief Executive Officer Senior Vice President Coastal Banking Company Inc. Marsh Communications LLC 904-321-0400 770-621-2700 Coastal

More information

Rating Alfa. Summary. Kotkan Konepaja Oy Kotolahdentie 3 48310 Kotka PL 147, 48101 Kotka

Rating Alfa. Summary. Kotkan Konepaja Oy Kotolahdentie 3 48310 Kotka PL 147, 48101 Kotka Suomen Asiakastieto Oy Finland / Rating Alfa 11.01.2007 16:31:13 Rating Alfa Kotkan Konepaja Oy Kotolahdentie 3 48310 Kotka PL 147, 48101 Kotka Data supplied on 11.01.2007 Summary Telephone: +358 0102346580

More information

Financial Reporting and Analysis

Financial Reporting and Analysis Chartered Secretaries Qualifying Scheme Level 1 Financial Reporting and Analysis Sample paper Time allowed: 3 hours and 15 minutes (including reading time) Do not open this examination paper until the

More information

MANDATUM LIFE INSURANCE BALTIC SE

MANDATUM LIFE INSURANCE BALTIC SE MANDATUM LIFE INSURANCE BALTIC SE INTERIM REPORT 1-3Q/2014 Business name: MANDATUM LIFE INSURANCE BALTIC SE Commercial registry code: 10561490 Address: Viru väljak 2, 10111 Tallinn Telephone: 6812 300

More information

ARION BANK S 2014 FINANCIAL RESULTS

ARION BANK S 2014 FINANCIAL RESULTS Press release, 24 February 2015 ARION BANK S 2014 FINANCIAL RESULTS Arion Bank reported net earnings of ISK 28.7 billion for the year 2014, compared with ISK 12.7 billion for the year 2013. Return on equity

More information

Anatomy of a Surety Bond Claim David Pesce Director of Surety AXIS Insurance Company

Anatomy of a Surety Bond Claim David Pesce Director of Surety AXIS Insurance Company Inaugural CFMA Southwest Regional Conference Long Beach, CA September 13-15, 2015 Anatomy of a Surety Bond Claim David Pesce Director of Surety AXIS Insurance Company The Typical Submission Process Agent

More information

Significantly improved cash flow from operations of 1.3m (2013: outflow 1.3m)

Significantly improved cash flow from operations of 1.3m (2013: outflow 1.3m) Thu, 24th Jul 2014 07:00 RNS Number : 1728N RTC Group PLC 24 July 2014 RTC Group Plc ("RTC", "the Company" or "the Group") Interim results for the six months June 2014 RTC Group Plc,the business services

More information

Insurance Claims for Loss of Stock and Loss of Profit

Insurance Claims for Loss of Stock and Loss of Profit 13 Insurance Claims for Loss of Stock and Loss of Profit BASIC CONCEPTS 1. Claim for Loss of Stock 2. Claim for Loss of Profit Gross Profit Net Profit Insured Standing Charges Claim for loss of stock can

More information

TABLE OF CONTENTS. 1. Lottery and Gambling Industry Overview. 1.1. International Gambling. 1.2. Global Betting, Gambling and Gaming Industry

TABLE OF CONTENTS. 1. Lottery and Gambling Industry Overview. 1.1. International Gambling. 1.2. Global Betting, Gambling and Gaming Industry 1 TABLE OF CONTENTS 1. Lottery and Gambling Industry Overview 1.1. International Gambling 1.2. Global Betting, Gambling and Gaming Industry 1.3. Global Online Gaming Market 1.4. Types of Gamblers 2. Europe

More information

Corporate tax relief in Switzerland. Edition 2008

Corporate tax relief in Switzerland. Edition 2008 Corporate tax relief in Switzerland Edition 2008 Contents 3 Introduction Taxes in Switzerland 4 1. Qualifying Dividends and Capital gains 5 2. Newly established companies (tax holiday) 6 3. Holding companies

More information

The Atlantic Building 950 F Street, NW Washington, OC 20004-1404. 202-239-3300 Fax: 202-654-4963 www.alston.com. Direct Dial: 202-239-3463

The Atlantic Building 950 F Street, NW Washington, OC 20004-1404. 202-239-3300 Fax: 202-654-4963 www.alston.com. Direct Dial: 202-239-3463 A I S--'1ri'ON s r -1_)1) _jk_ - - & \ _ 1.11' The Atlantic Building 950 F Street, NW Washington, OC 20004-1404 202-239-3300 Fax: 202-654-4963 www.alston.com David A Brown Direct Dial: 202-239-3463 Email:

More information

Your client's money is in prudent hands

Your client's money is in prudent hands Your client's money is in prudent hands Prudential offers a position of strength and resilience to help safeguard the financial wellbeing of our customers. Prudential is committed to helping safeguard

More information

MANDATUM LIFE INSURANCE BALTIC SE

MANDATUM LIFE INSURANCE BALTIC SE MANDATUM LIFE INSURANCE BALTIC SE INTERIM REPORT 1-4Q/2011 Business name: MANDATUM LIFE INSURANCE BALTIC SE Commercial registry code: 10561490 Address: Viru väljak 2, 10111 Tallinn Telephone: 6812 300

More information

DSG Retail Limited v HMRC. Implications for transfer pricing in the UK

DSG Retail Limited v HMRC. Implications for transfer pricing in the UK 1 Introduction DSG Retail Limited ( DSG ) v HMRC, decided on 23 April 2009, was only the third ever transfer pricing case to be heard in the UK. This was the first UK case to go to litigation for many

More information

Institute of Certified Bookkeepers

Institute of Certified Bookkeepers Making you count Institute of Certified Bookkeepers Level IV Certificate in Advanced Bookkeeping and Accounts Syllabus (Ireland) Institute of Certified Bookkeepers 1 Level IV Certificate in Advanced Bookkeeping

More information

This exam paper is in two sections. You should try to complete every task in both sections.

This exam paper is in two sections. You should try to complete every task in both sections. Exam question paper NVQ/SVQ Level 4 in Accounting Drafting Financial Statements (Accounting Practice, Industry and Commerce) (DFS) 2003 Standards Diploma in Accounting (Diploma Pathway) Drafting Financial

More information

1 Outline of the Group s Business

1 Outline of the Group s Business 1 Outline of the Group s Business 1ー1 Outline of the T&D Life Group s Business 2.2 2.3 2.7 4.11 The T&D Life Group is a corporate group mainly comprising three life insurance companies (Taiyo Life, Daido

More information

Level 3 Certificate in Advanced Business Calculations

Level 3 Certificate in Advanced Business Calculations LCCI International Qualifications Level 3 Certificate in Advanced Business Calculations Syllabus Effective from 2001 For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com

More information

Investing in High Yield Bonds of Emerging Countries that Continue to Achieve High Growth

Investing in High Yield Bonds of Emerging Countries that Continue to Achieve High Growth Press Release November 22, 2010 Investing in High Yield Bonds of Emerging Countries that Continue to Achieve High Growth Emerging High Yield Bond Fund, Accept Applications at Sumitomo Mitsui Banking Corporation

More information

COSTAS TSIELEPIS & CO LTD

COSTAS TSIELEPIS & CO LTD COSTAS TSIELEPIS & CO LTD TAX UPDATE By ALEXIS TSIELEPIS, Director, Head of Taxation VOLUME 4, ISSUE 3 knowledge Facts, information and skills acquired through experience or education; the theoretical

More information

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION : : : : : : : : : : : :

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION : : : : : : : : : : : : Case 111-cv-06207 Document # 1 Filed 09/07/11 Page 1 of 11 PageID #1 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION COMMODITY FUTURES TRADING COMMISSION, v.

More information

t: +44 (0) 1708 206 498 e: info@turkishmortgagesplus.com w: turkishmortgagesplus.com

t: +44 (0) 1708 206 498 e: info@turkishmortgagesplus.com w: turkishmortgagesplus.com t: +44 (0) 1708 206 498 e: info@turkishmortgagesplus.com w: turkishmortgagesplus.com Turkish Property Finance Your Mortgage Guide YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE.

More information

The GmbH A Guide to the German Limited Liability Company

The GmbH A Guide to the German Limited Liability Company The GmbH A Guide to the German Limited Liability Company by Klaus J. Müller Verlag C.H.Beck Kluwer Law International 2006 Preface Overview of Contents Table of Contents Abbreviations Table of Contents

More information

Consolidated Financial Results for Six Months Ended September 30, 2007

Consolidated Financial Results for Six Months Ended September 30, 2007 Consolidated Financial Results for Six Months Ended September 30, 2007 SOHGO SECURITY SERVICES CO., LTD (URL http://ir.alsok.co.jp/english) (Code No.:2331, TSE 1 st Sec.) Representative: Atsushi Murai,

More information

Physical delivery option on IDEX

Physical delivery option on IDEX Physical delivery option on IDEX 1 Introduction A Decree of the Minister of the Economic Development promulgated on April 29th invited Gestore dei Mercati Energetici Spa (GME) to look for an agreement

More information

FAIR TRADING (FEES) AMENDMENT REGULATION (No. 1) 2002

FAIR TRADING (FEES) AMENDMENT REGULATION (No. 1) 2002 Queensland Subordinate Legislation No. 311 Motor Vehicles Securities Act 1986 Pawnbrokers Act 1984 Property Agents and Motor Dealers Act 2000 Second hand Dealers and Collectors Act 1984 Security Providers

More information

on capital, interest on advance, remuneration to partner and profit sharing ratio?

on capital, interest on advance, remuneration to partner and profit sharing ratio? UNIT - 1 Q.1 What are provision relating to governance of right to share profits, interest on capital, interest on advance, remuneration to partner and profit sharing ratio? Ans. Normally, a partnership

More information

ARTICLES OF ORGANIZATION Domestic Limited Liability Company AS 10.50.075

ARTICLES OF ORGANIZATION Domestic Limited Liability Company AS 10.50.075 Filing Fee: $250.00 ARTICLES OF ORGANIZATION Domestic Limited Liability Company AS 10.50.075 INSTRUCTIONS (Please retain for your records): Refer to Alaska Statutes 10.50.075. If you need assistance in

More information

Consolidated Financial Results

Consolidated Financial Results UFJ Holdings, Inc. November 25, 2003 For the Six Months Ended September 30, 2003 UFJ Holdings, Inc. today reported the company's consolidated financial results for the six months ended September 30, 2003.

More information

Understanding Irish Real Estate Investment Trusts. For Financial Advisor Use Only

Understanding Irish Real Estate Investment Trusts. For Financial Advisor Use Only Understanding Irish Real Estate Investment Trusts For Financial Advisor Use Only What is a Real Estate Investment Trust (REIT)? A REIT is a public listed company which has as its main activity the ownership

More information

RISK DISCLOSURE DOCUMENT

RISK DISCLOSURE DOCUMENT RISK DISCLOSURE DOCUMENT Version 1.0 : June,25 th,2015 Copyright IBA Markets 2015. All Rights Reserved RISK DISCLOSURE International Brokers Association Markets, a brand of SIR GLOBAL LTD (the Company

More information

ACCOUNTING FOR NON-ACCOUNTANTS MARGINAL COSTING

ACCOUNTING FOR NON-ACCOUNTANTS MARGINAL COSTING ACCOUNTING FOR NON-ACCOUNTANTS MARGINAL COSTING MARGINAL COSTING OBJECTIVE To be able to: Explain the relevance to management decisions of: Fixed costs Variable costs Contribution Prepare an operating

More information

Hybrid Financing in Swiss and International Tax Law

Hybrid Financing in Swiss and International Tax Law Hybrid Financing in Swiss and International Tax Law University of Neuchatel 26 th March 2014 Peter Hongler Table of Content Overview Distinction between Equity and Debt Tax Planning Regulatory Aspects

More information

SAMPLE PAPER- 3 (solved) Class XII ACCOUNTANCY. Time allowed: 3 hours Maximum Marks: 80. Part A. Partnership, Share Capital and Debentures

SAMPLE PAPER- 3 (solved) Class XII ACCOUNTANCY. Time allowed: 3 hours Maximum Marks: 80. Part A. Partnership, Share Capital and Debentures SAMPLE PAPER- 3 (solved) Class XII ACCOUNTANCY Time allowed: 3 hours Maximum Marks: 80 General Instructions: 1. This question paper contains Two parts A& B. 2. Both the parts are compulsory for all. 3.

More information

The Scottish Investment Trust PLC. Annual General Meeting 29 January 2016

The Scottish Investment Trust PLC. Annual General Meeting 29 January 2016 Annual General Meeting 29 January 2016 SIT Share Price 12 Months to 31 October 2015 680 680 660 660 640 640 620 620 600 600 580 580 560 560 540 540 31 Oct 14 31 Jan 15 30 Apr 15 31 Jul 15 31 Oct 15 Source:

More information

Farmers and Merchants Bancshares, Inc.

Farmers and Merchants Bancshares, Inc. Farmers and Merchants Bancshares, Inc. 2013 Annual Report Contents 3-5 Message from the President 6 Report of the Audit Committee 7 Financials 8 Organizational Chart 9 Contact Information President s Message

More information

HOSPITALITY, LEISURE, TRAVEL AND TOURISM SECTOR QUALIFICATIONS PROGRESSION

HOSPITALITY, LEISURE, TRAVEL AND TOURISM SECTOR QUALIFICATIONS PROGRESSION The Sector is Broken Down into 14 Industries as Follows: HOSPITALITY, LEISURE, TRAVEL AND Pubs, Bars and Nightclubs Events Gambling Contract Food Service Holiday Parks Services Hostels Hotels Membership

More information

DISCLOSEABLE TRANSACTION THE SECONDARY PUBLIC OFFERING OF NORWEGIAN CRUISE LINE HOLDINGS LTD. ORDINARY SHARES AND RESUMPTION OF TRADING

DISCLOSEABLE TRANSACTION THE SECONDARY PUBLIC OFFERING OF NORWEGIAN CRUISE LINE HOLDINGS LTD. ORDINARY SHARES AND RESUMPTION OF TRADING Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information