...fluent in Italian and English and showed interest in history, geography, and astronomy. Louis became Dauphin at age 11, when his older brothers, mother, and father died of tuberculosis. He was said to be shy and indecisive. At age 15, he married Marie Antoinette to unite their nations. They had 4 children, one of whom died during childbirth. Louis was bad with money, immature and lacked self-confidence. He had enormous debts and despised despotic monarchy. He failed to address the fiscal problems of France and relied on advisors for help. He mostly supported religious uniformity and foreign policy. His support to American colonies in fighting Great Britain was successful but lead to a near bankruptcy by 1780s. He was uncommunicative and offered no solutions to France’s downfall. He escaped to hunting and locksmithing to avoid dealing with the pressure. Historians believe he suffered from clinical depression that led to his fear of decision making. His poor leadership set in motion the French Revolution. He was forced to acknowledge the National Assembly as the new head power and on July 4 riots broke out in Paris and rebels stormed the Bastille Prison. King Louis unable to confront the rise ups fled in 1791 but was brought back to Paris. He lost all of his credibility, and his powers were suspended. He and his family were suspected of treason. In 1792 France was proclaimed the First French Republic. Louis was guillotined in the Palace de la Revolution on January 21,1793. King...
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...2014 ANNUAL REPORT FY14 PERFORMANCE HIGHLIGHTS REVENUE NET PROFIT Revenue up 2% to $578 million with strong growth in Bathrooms & Kitchens (excluding Hot Water) Net profit after tax of $18.6 million impacted by one-off significant items TRADING EBIT DIVIDENDS Trading earnings before interest and tax (EBIT) up 8% on the prior period to $72.3 million Fully franked final dividend of 5.5 cents per share to be paid in October 2014 STRATEGIC REVIEW COMPLETED SUBJECT TO SUCCESSFUL DIVESTMENT with focus on core Bathrooms & Kitchens and Door & Access Systems businesses and divestment of non-core businesses – Dux Hot Water and Brivis Heating & Cooling of Dux and Brivis, capital return options to shareholders will be reviewed $578 million $18.6 million $72.3 million 5.5 cents DWELLING COMPLETIONS rise only 4% on a moving annual total basis year on year to March 2014 CONTENTS Five Year Financial Summary 1 GWA Heating & Cooling 14 Company Profile and Our Mission 2 Board of Directors 16 Chairman’s Review 4 Corporate Governance Statement 18 Managing Director’s Review of Operations 6 Directors’ Report 28 Health and Safety 10 Financial Report 43 GWA Bathrooms & Kitchens 12 Other Statutory Information 90 GWA Door & Access Systems 13 Shareholder Information 91 FIVE YEAR FINANCIAL SUMMARY 2009/10 $’000 2010/11 $’000 2011/12 ...
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