...Giving life to thought Sri Lanka Telecom PLC Annual Report 2014 Welcome to Sri Lanka Telecom PLC Annual Report 2014 Our Vision All Sri Lankans seamlessly connected with world-class information, communication and entertainment services. Our Mission Your trusted and proven partner for innovative and exciting communication experiences delivered with passion, quality and commitment. Contents SLT at a glance 02 SLT’s year at a glance 05 About this report 07 Letter from the Group Chairman 08 Letter from the Group Chief Executive Officer 10 Board of Directors 12 Leadership team 18 Corporate governance 23 Risk management 34 Management discussion and analysis 38 Financial reports Annual Report of the Board of Directors on the affairs of the Company 86 Statement of Directors in relation to their responsibility for the preparation of financial statements 93 Audit committee report 94 Independent auditors’ report 97 Statement of profit or loss and other comprehensive income 98 Statement of financial position 99 Statement of changes in equity - Group 100 Statement of changes in equity - Company 101 Statement of cash flows 102 Notes to the financial statements 103 Ten year progress - Group 150 Value added statement 151 Investor relations 152 Portfolio of lands 154 Milestones 157 GRI index 158 Abbreviations 161 Notice of meeting 162 Form of proxy Enclosed Corporate information Inner back cover Sri Lanka Telecom...
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...2014 ANNUAL REport Focused Performance Financial Calendar Contents Year ended 31 December 2014 1 With you all the way 2 Report from the Chairman and the Managing Director & CEO 07 MAY 2015 Annual General Meeting 4 Year ending 31 December 2015* 24 AUGUST 2015 Half year results and interim dividend announcement 08 SEPTEMBER 2015 Record date for interim dividend entitlement 30 SEPTEMBER 2015 Interim dividend payable if declared 22 FEBRUARY 2016 Full year results and final dividend announcement 08 MARCH 2016 Record date for final dividend entitlement 31 MARCH 2016 Final dividend payable if declared * These dates are subject to change. Corporate Governance Statement 16 2014 Financial Report for Caltex Australia Limited 17 Directors’ Report 62 Consolidated income statement 63 Consolidated statement of comprehensive income 64 Consolidated balance sheet 65 Consolidated statement of changes in equity 66 Consolidated cash flow statement 67 Notes to the financial statements 67 1. Significant accounting policies 76 2. Revenue and other income 76 3. Costs and expenses 77 4. Income tax expense 79 5. Dividends 79 Basic and diluted earnings per share 6. 80 7. Receivables 81 8. Inventories 81 9. Other assets 81 10. Other investments 82 11. Intangibles 83 12. Property, plant and equipment 85 13. Payables 85 14. Interest bearing liabilities 86 15. Provisions 86 16. Issued...
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...Sustainability and Corporate Responsibility Report 2014 about ericsson Ericsson is a driving force behind the Networked Society – a world leader in communications technology and services. The Company’s long-term relationships with every major telecom operator in the world allow people, businesses and societies to fulfill their potential and create a more sustainable future. Ericsson’s services, software and infrastructure – especially in mobility, broadband and the cloud – are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities. With more than 115,000 professionals and customers in more than 180 countries, Ericsson ombines global c scale with tech ology and services leadership. Investments in research and development ensure that Ericsson’s n solutions – and its customers – stay in the forefront. The Company provides support for networks with more than 2.5 billion subscribers. Approxmately 40% of the world’s mobile traffic is carried through etworks delivered by i n Ericsson. Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. The Ericsson share is listed on Nasdaq Stockholm and NASDAQ New York. Cover photo: Myanmar, a country undergoing democratic and social reform, has one of world’s lowest levels of mobile broadband p enetration. ICT can play a huge role in boosting socio-economic development. In 2014, Ericsson began serving customers in Myanmar...
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...Report on the development of The Coca-‐Cola Company from February 2014 until January 2015 Introduction This report is intended to give a clear insight in The Coca-‐Cola Company’s development from February 2014 until January 2015. First, the company’s history and products are briefly described. Second, its market development and share price performance are discussed. Finally, investors are provided with a speculation on the company’s future. Company History & Products The Coca-‐Cola Company, founded by Asa Candler who was able to promote Coca-‐ Cola nationwide, has become the major player in the soda industry throughout the years. The company markets more than 500 beverage brands. Examples are Coca-‐Cola, Sprite and Fanta, which are non-‐alcoholic sodas. Also, the company offers a variety of non-‐carbonated beverages, such as juices, energy drinks, sports drinks, waters and enhanced waters. Market Development ...
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...Corporate Social Responsibility, Course 2016 FE1 EDHEC Nice Tutorial 3 BP, Deepwater and Sustainability Reporting The Deepwater Horizon oil rig fire and explosion on April 20, 2010, killed 11 men and caused one of the largest marine oil spills in history. The leak from the undersea well flowed for 87 days and polluted an estimated 68,000 square miles of the Gulf of Mexico waters and nearly 500 miles of coastline from Louisiana to Florida. At the moment of the accident BP was the leaseholder and operator of the Maconda well located off the coast of Louisiana. The company was ultimately responsible for conducting operations there safely and in respect of the environment. BP hired Transocean Ltd (the owner of the drilling rig Deepwater Horizon) to provide the vessel and drilling crew to implement BP’s operations of the Maconda well. 1 Investigations established that bad management on the Deepwater Horizon resulted in poor safety on the rig. The US chemical safety board concludes that a last-ditch safety device on the underwater well had multiple failures and wasn't tested properly. It found that the cause of the initial explosion involved multiple screw-ups with cement, drilling mud, fluid pressure, botched tests, management problems and poor decisions. The blowout preventer sealed the well temporarily, but then it failed and that caused the massive spill. 1 For a description of BP’s implication in the Deepwater Horizon accident you can also read Cherry...
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...Sharrain Walls Variance Analysis Grand Canyon University: HCA-530 July 5, 2016 Introduction Various reports help with viewing and keeping track of the productivity of a department. Managers find these reports very helpful with assisting to find an issue, trend, overspending, and underspending. A report commonly used is a variance report, which compares the planned amount to the actual amount. This report is critical in determining major decisions and viewing fluctuations. The report can be in the form of a table or graph and can be considered favorable or unfavorable based on the results. Vice Presidents look for the report to be clear and direct. Managers should include all factors associated with the variance report as well as the relationships between variance reporting, interpreting variance report results, and actual reports. Variance Analysis When viewing the results of the report consider the hospital size and utilization of the services offered by the hospital. When performing a variance analysis, relationships can be identified. Favorable (positive) and unfavorable (negative) correlations are critical in business planning. An example would be, variance analysis may show that when sales for product a rise in sales for product B. This type of relationship may be used for success of other products (Cross, N.d.). When using a variance report for forecasting variance data allows managers to identify factors such as seasonal changes for the favorable and unfavorable...
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...1/27/2016 CARFAX Vehicle History Report for this 2005 NISSAN 350Z ROADSTER: JN1AZ36A55M760083 For Personal Use Only Vehicle Information: No accident / damage reported to CARFAX 2005 NISSAN 350Z ROADSTER VIN: JN1AZ36A55M760083 ROADSTER 3.5L V6 FI DOHC 24V REAR WHEEL DRIVE Standard Equipment | Safety Options 2 Previous owners 3 Service records available Personal vehicle 130,424 Last reported odometer reading Worth $90 more than retail book value This CARFAX Vehicle History Report is based only on information supplied to CARFAX and available as of 1/27/16 at 5:16:33 PM (EST). Other information about this vehicle, including problems, may not have been reported to CARFAX. Use this report as one important tool, along with a vehicle inspection and test drive, to make a better decision about your next used car. Price Calculator™ Adjust the value of this 2005 Nissan 350Z Roadster based on the information available in this report 1) Retail Book Value 2) CARFAX Price Adjustment™ + $90 $ Enter retail book value here 3) Adjusted Retail Value Begin by entering the retail book value Above retail book value Ownership History Owner 1 Owner 2 The number of owners is estimated Year purchased 2005 2015 Type of owner Personal Personal Estimated length of ownership 9 years 6 months Owned in the following states/provinces California California Estimated miles driven per year 14...
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...Congress and the Senate. In order to maintain integrity with these entities, the people that the money comes from need to know where their hard -earned money is going. There have been at least two boards set up: the Governmental Accounting Standards board and the Financial Accounting Stand Board. These boards have installed several statements of standards that tell what type of items needs to be reported. They also set the standard on how to report these financial statements. These recommendations have come down from audiences such as the one reading this memorandum, the nonfinancial audience. The boards mentioned above are reviewing audit reports that receive federal grants and donations. This is to make sure independent audit firms are in compliance with all regulations. Another thing that has come down from the nonfinancial audience is the change in the reports has made it easier and simpler to understand for people that have a complete grasp on numbers. Each person that reads a financial report will be able to easily understand where the funds came from, how much money came in, and when and where the funds were spent. This simplicity in reporting makes it very easy not to take items out of proportion and...
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... 16TH December, 2014 THE DEPUTY DIRECTOR, Queens PAK DEPT, PRIVATE BAG 3, THONDWE TO : MR. ARTHUR BROWN CC : DIRECTOR OF AGRICULTURAL RESEARCH ABSENTEEISM The office has received a report from your immediate supervisor that you have developed a habit of not reporting for work without authority from your supervisors. This is an act of serious misconduct which can result from you being dismissed from work. Be reminded that according to M.P.S.R CAP 1:201 a civil servant is guilty of misconduct if he absents himself from his post during normal hours of attendance without permission from a responsible officer or controlling officer or without valid excuse. You may also wish to know that absenting yourself from duty for 5 consecutive days amounts to abscondment. Further to that MPSR CAP 1:550 gives powers to responsible officer to deduct equivalent salary from wages due and payable to a civil servant in respect of any period of un authorized absence. In view of the above you are being strongly warned to stop the practice and as a corrective measure your salary will be deducted for all days you have been absenting yourself to report back at the office with immediate effect and write a report explaining your unauthorized absence failing which above stated disciplinary measures will be taken and matter will be reported to the Ministry for further Disciplinary Action. Your report should reach into my office by tomorrow 17th December, 2014, before 4:30pm. FOR:...
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...BOOK SERVICES Business Report on Santos Produce of America, Inc. *SAMPLE* Information available through 7/01/2014 © Blue Book Services, Inc. This COMPLETE BUSINESS REPORT is provided to the subscriber under the terms of the Membership Agreement and is IN CONFIDENCE, for the subscriber’s exclusive use, without recourse and without guarantee of correctness. Trade experience information may include disputed items, skipped invoices or other extenuating circumstances. This SAMPLE Business Report mimics the Blue Book Business Report. The Guest Reports show a sub-set of this report depending upon the level of report purchased (Blue Book Scores and Equifax information are available only to Members). BB #987654 Santos Produce of America, Inc. P.O. Box 12345 Laredo, TX 78041 USA 2876 Waterfall Dr. Dallas, TX 75201 Phone: 956 555-9878 Fax: 956 555-1619 info@santosproduceofamer.net www.santosproduceofamer.net Credit Snapshot: Current HQ Rating: Current Blue Book Score: Last Financial Statement Date: Net Worth: Avg Integrity/Ability (‘X’) Reports: (past 6 months) 2500M XXXX A 868 12/31/2013 $8,670,144 3.99 (Industry Avg: 3.43) (scale: 1=poor, 4=excellent) Business Snapshot: Incorporation Date: Incorporated In: PACA License Number: March 6, 1986 Texas 123456 Business Ownership: Richard L. Santos, President, 55.00% Michael R. Santos, Vice President/CFO, 45.00% RATING HISTORY Current HQ Rating: 2500M XXXX A (unchanged since 01/08/2014) Trading Member since...
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...have to because his family have worked the land since the 1880’s, which would give him rights to the land (Fox News, 2014) . The report by Fox News on their website appeared to be accurate, but it was clear that they were definitely siding more with Mr. Bundy than with the Federal Government. There were only comments and statements from Mr. Bundy himself or his supporters. When I checked the same story at CNN’s website, they had statements from both side of the issue. The report mentions how Bundy’s family called for assistance from Militia and his supporters after a couple acts of violence from law enforcement, his son was shot with a stun gun and his sister was pushed to the ground. There was no mention in the Fox new report, that the Bundy family and their supporters confronted rangers, and that a police dog was kicked and officers being assaulted, incidences that were reported on the CNN website (CNN, 2014). The report is clearly only reporting and favoring one side of the story, where as other news agencies are reporting a more balanced story. The Fox news report is putting a lot of emphasis on to the rights and treatment of Mr. Bundy, stating that the dispute has been going on for 20 years, which has had an effect on Mr. Bundy, and also comparing the recent scenario to the 1993 Waco, Texas incident, where 76 deaths occurred (Fox News, 2014). The report does not mention that Mr. Bundy owes nearly one million dollars in unpaid fees, and that the rangers are there carrying...
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...Hypercase 11 Oct 21, 2014 HYPERCASE 7 1. Consider the reports from the training unit. What are Snowden’s complaints about these reports? Explain in a paragraph.: Edward Snowden seems not very happy with the reports from the training Unit. He feels like these reports are lacking quality information. Also, the reports are not being summarized property, turned in very late and even not turned in at all. He suggested that the better reporting process system will enhance the quality and also the timeline of the report. 2. TRAINING UNIT REPORT --/--/---- | Date Begin | --/--/---- | Date End | Number of accepted projects in the training unit | --- | Number of Current Projects Currently Being Reevaluated: | --- | Training subject areas for which consultation is being requested | --- | Other notice or suggestion | --- | TRAINING UNIT REPORT --/--/---- | Date Begin | --/--/---- | Date End | Number of accepted projects in the training unit | --- | Number of Current Projects Currently Being Reevaluated: | --- | Training subject areas for which consultation is being requested | --- | Other notice or suggestion | --- | Design a prototype output display based on the Training Unit’s reports that will summarize...
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...In this article ’INTEGRATED REPORTING TO PRACTICE From Concept To Practice’, Busco (2014) argues the benefits of integrated reporting and attracts company to use integrated reporting. This article has limited relevance on the the BABC001 Report Question only about the definition and purpose of integrated reporting. However, this article is reliable because this article uses academic language and uses the evidence from IIRC(International Integrated Reporting Council). In addition, this article is wrote in 2014 and still has useful information now. Therefore, this article is reliable and can be used as an academic resource. This article has limited relevance about the BABC001 Report Question. The definition of IR and the purpose of IR, which is to enhance accountability and stewardship and to make sustainable value creation for stakeholders(Busco, 2014, p.32) are the answer to BABC001 Report 1a and 1b. However, this principle of IR is not clear and specific. Therefore, the answer to BABC001 Report Question 2a and 2b are hard to find and little description. Moreover, the BABC001 Report Question 3 which is the evaluation of companies by using principle is not exist. Therefore, this article is not focus on the BABC001 Reporting Question and has limited relevance in this article about the BABC001 Reporting Question. The source is wrote fully support evidence and therefore objective. Busco (2014) argues the way IR framework to help to assist organization with IR process are using...
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...Reports The current manual system used by Nationals Parks for collections of fees, attendance, and tickets inventory, was not giving the administration the sufficient reports for decision making. The analysis of the old system shows: A. the collection of revenues comprised of 3 basics operation: 1) Collection of fees 2) Deposit of fees 3) Reporting the collections The current manual system for revenue and reconciliation of deposit are prone to errors, missing items and revenue shortages. B. The record of visitor attendance was made monthly using excel worksheets. And reports were quarterly or yearly. The current method for counting visitor numbers is time consuming and imprecise C. Delayed Vendor payments create serious cash flows problems during few months of each budget year. There will not be enough available operating funds to pay outstanding vendors invoices. An automated ticket and revenue collection system in the national parks will produce sufficient report for decision making to help managers. Our team recommends the implement of the following three reports: Ticket sales report, Monthly financial report, and Visitor attendance report. Functions of tickets sales report: 1. Indicate the daily sales 2. Track the printed tickets sales 3. Plans future marketing campaign 4. Know the preferable payment method by visitor The tickets will be categorized by parks site categorization. The payment will be categorized by methods: online purchase, prepaid ticket...
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................................... P. 6 Reliability .................................................................................................... P. 7 Clarity ......................................................................................................... P. 8 Conclusion .................................................................................................... P. 9 Bibliography .............................................................................................. P. 10 Introduction Global Reporting Initiative (GRI) is provides the globally applicable guidelines to business organization that voluntary use to design and ensure the quality of their sustainability reports. GRI framework is helping the organization to measure and report the sustainability report’s three aspects that includes economics, environmental and social performance. This framework can be used in any size, industry or location. (G3 guideline, p2) Bel Group is a global brand which supplies different type of cheese and provide food service. Headquarters of Bel Group is in France. It provides their product to...
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