...4.2.5 Critical accounting judgements and key sources of estimation uncertainty This section describes the critical judgements that the Group has made in the process of applying the accounting policies. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union (EU). The accounting policies applied by the group also comply with IFRS as issued by the International Accounting Standards Board (IASB). This means that we are required to make estimates and assumptions. We believe that, of the company's significant accounting policies (see note 2 - Significant accounting policies to our Consolidated Financial Statements included in this report), the following may involve a greater degree of judgement and complexity, which in turn could materially affect the net income if various assumptions were changed significantly. Critical judgements in applying accounting policies The following are the critical judgements, apart from those involving estimations (see below), that the Group has made in the process of applying the accounting policies and that have the most significant effect on the amounts recognised in the financial statements: Revenue recognition - gross versus net presentation of traded SDFI volumes of oil and gas production As described under Transactions with the Norwegian State (see note 2 - Significant accounting policies to our Consolidated Financial Statements included...
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...Syllabus College of Information Systems & Technology NTC/362 Version 1 Fundamentals of Networking Copyright © 2013 by University of Phoenix. All rights reserved. Course Description This course provides a foundation in the basic telecommunications and networking technologies fundamental to the industry and to the broad field of telecommunications. Analog, digital, and radio frequency technologies are covered. Also covered in this course is an introduction to the OSI protocol model, network-switching systems, basics of wireless communications, and network security. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: · University policies: You must be logged into the student website to view this document. · Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Goleniewski, L. (2007). Telecommunications essentials. (2nd ed.) Boston, MA: Pearson. Panko, R. R., & Panko, J. L. (2011). Business data networks and telecommunication (8th ed.) Upper Saddle River, NJ: Prentice Hall All electronic materials...
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...g. Financial aspects h. Social aspects B. Project Timetable and Status 1. General project planning 2. Incorporation 3. Preparation of engineering specifications 4. Building construction 5. Selection of machinery supplier 6. Arrival of machinery 7. Installation of machinery 8. Trial run 9. Start of normal production 10. Start of selling operations C. Management Aspects 1. Management during the pre-operating period...
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...Publications (E) Energy 1-1-2010 The Role of energy storage with renewable electricity generation P. Denholm E. Ela B. Kirby M. Milligan Follow this and additional works at: http://digitalscholarship.unlv.edu/renew_pubs Part of the Oil, Gas, and Energy Commons, Power and Energy Commons, and the Sustainability Commons Repository Citation Denholm, P.; Ela, E.; Kirby, B.; and Milligan, M., "The Role of energy storage with renewable electricity generation" (2010). Publications (E). Paper 5. http://digitalscholarship.unlv.edu/renew_pubs/5 This Technical Report is brought to you for free and open access by the Energy at Digital Scholarship@UNLV. It has been accepted for inclusion in Publications (E) by an authorized administrator of Digital Scholarship@UNLV. For more information, please contact marianne.buehler@unlv.edu. The Role of Energy Storage with Renewable Electricity Generation Paul Denholm, Erik Ela, Brendan Kirby, and Michael Milligan Technical Report NREL/TP-6A2-47187 January 2010 The Role of Energy Storage with Renewable Electricity Generation Paul Denholm, Erik Ela, Brendan Kirby, and Michael Milligan Prepared under Task No. WER8.5005 NREL/TP-6A2-47187 January 2010 Technical Report National Renewable Energy Laboratory 1617 Cole Boulevard, Golden, Colorado 80401-3393 303-275-3000 • www.nrel.gov NREL is a national laboratory of the U.S. Department of Energy Office of Energy Efficiency and Renewable Energy Operated by the Alliance...
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...CHAPTER 2 SUGGESTED SOLUTIONS TO QUESTIONS AND PROBLEMS 1. P.V. Ltd. Income Statement for Year 2 Accretion of discount (10% × 286.36) $28.64 P.V. Ltd. Balance Sheet As at Time 2 Financial Asset Cash $315.00 Shareholders’ Equity Opening balance Net income Capital Asset Present value 0.00 $315.00 $315.00 $286.36 28.64 Note that cash includes interest at 10% on opening cash balance of $150. 2. Suppose that P.V. Ltd. paid a dividend of $10 at the end of year 1 (any portion of year 1 net income would do). Then, its year 2 opening net assets are $276.36, and net income would be: Copyright © 2009 Pearson Education Canada 8 P.V. Ltd. Income Statement For Year 2 Accretion of discount (10% × 276.36) $27.64 P.V.’s balance sheet at time 2 would be: P.V. Ltd. Balance Sheet As at Time 2 Financial Asset Cash: (140 + 14 + 150) $304.00 Shareholders’ Equity Opening balance: $276.36 (286.36 - 10.00 dividend) Capital Asset, at Present value 0.00 $304.00 $304.00 Net income 27.64 Thus, at time 2 the shareholders have: Cash from dividend Interest at 10% on cash dividend, for year 2 Value of firm per balance sheet $10.00 1.00 304.00 $315.00 This is the same value as that of the firm at time 2, assuming P.V. Ltd. paid no dividends (see Question 1). Consequently, the firm’s dividend policy does not matter to the shareholders under ideal conditions. It may be worth noting that a Copyright © 2009 Pearson Education Canada 9 crucial requirement here, following from...
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...Grid Energy Storage U.S. Department of Energy December 2013 Acknowledgements We would like to acknowledge the members of the core team dedicated to developing this report on grid energy storage: Imre Gyuk (OE), Mark Johnson (ARPA-E), John Vetrano (Office of Science), Kevin Lynn (EERE), William Parks (OE), Rachna Handa (OE), Landis Kannberg (PNNL), Sean Hearne & Karen Waldrip (SNL), Ralph Braccio (Booz Allen Hamilton). Table of Contents Acknowledgements ...................................................................................................................................... 1 . Executive Summary ....................................................................................................................................... 4 1.0 Introduction .......................................................................................................................................... 7 2.0 State of Energy Storage in US and Abroad .......................................................................................... 11 3.0 Grid Scale Energy Storage Applications .............................................................................................. 20 4.0 Summary of Key Barriers ..................................................................................................................... 30 5.0 Energy Storage Strategic Goals ...............................................
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...gas industry of Kazakhstan is the largest and most dynamic industry, which provides a stable increase in crude oil and natural gas. In the Kazakhstan sector of the Caspian Sea, there is continuing evaluation of public oil and gas fields with large reserves of hydrocarbons. Potential hydrocarbon of the Republic of Kazakhstan is estimated sufficiently significant in the total world reserves. Kazakhstan holds big hydrocarbon reserves, including potentially the second largest oil reserves in the world (US Energy Information Administration). According to official data from the Ministry of Oil and Gas of Republic of Kazakhstan, confirmed hydrocarbon reserves, both onshore and offshore, are estimated to be 4.8 billion tons or more than 35 billion barrels for 2012. Kazakhstan possesses unique geographical features that lead the country’s oil and gas cluster to be spread throughout the entire country, instead of one specific geographical area. Around 70% of Kazakhstan’s oil and gas reserves, both onshore and offshore, are concentrated in Western Kazakhstan around the city of Atyrau. Some oil reserves are also located in Southern Kazakhstan but the prospects for new discoveries there are not very promising (US-Kazakhstan Business Association). The majority of hydrocarbon reserves are located in the oil- and gas-rich regions of Kashagan, Tengiz and Karachaganak. The discovery of the Kashagan Field in 2000 is considered to be the largest oil field discovery in the last 30 years...
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...An Evaluation of Business and Financial Performance of the Dhaka Bank Limited 1 January 2005 and 31 December 2007 ANALYSIS, FINDINGS and RECOMMENDATIONS 1.1 Company Profile Background of Dhaka Bank Limited (DBL): DBL is a scheduled bank that was incorporated under the Companies Act 1994, started its operation on July 1995 with a target to play a vital role on the socio-economic development of the country. Aiming at offering commercial banking service to the customers’ door around the country, DBL established 20 branches up-to this year. This organization achieved customers’ confidence immediately after its establishment. At the end of year 2007 the equity ownership of DBL was as follows: Ownership Structure Sponsors Institutional Investors General Public Foreign Chart 1.1: Ownership Structure Source: Dhaka Bank Annual Report 2007 (A) Mission Statement To be the premier financial institution in the country providing high quality products and services backed by latest technology and a team of highly motivated personnel to deliver excellence in Banking. An Evaluation of Business and Financial Performance of the Dhaka Bank Limited 1 January 2005 and 31 December 2007 Slogan Excellence in Banking Objectives • • • • • Be one of the best banks of Bangladesh. Achieve excellence in customer service next to none and superior to all competitors. Cater to all differentiated segments of Retail and Wholesale Customers. Be a high quality distributor of product and services. Use state-of...
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...SUPPORT SERVICES Please submit bids to: Michelle Cerett, Chief Clerk Huntingdon County 223 Penn Street Huntingdon, PA 16652 Formal proposals must be received by Monday August 2nd, 2010 at 4:00 PM. Bids will be opened and read on August 3, 2010 at 10:00 AM. A pre-bid conference will be held on July 21, 2010 at 10:00 AM in the Commissioners meeting room. Anyone wishing to submit a proposal is requested to attend. Vendors are required to provide as much detail as possible in this proposal, regarding scope of services, approach to protecting and securing the technology used by County users, and their capability and experience. The County will utilize evaluation and selection criteria, based on the County’s standard proposal process, to determine an acceptable vendor. The County reserves the right to reject any or all proposals or to accept any proposal considered most advantageous. Copies of the Request for Proposal are available electronically at www.huntingdoncounty.net. Proposals will be public information after bids are opened. Please direct all inquiries to Michelle Cerett at 814-643-3091 or mcerett@huntingdoncounty.net. Prepared by: Huntingdon County Commissioners Office July 2, 2010 REQUEST FOR PROPOSAL INFORMATION TECHNOLOGY SUPPORT SERVICES 1. INTRODUCTION The County of Huntingdon is requesting proposals from qualified, professional technology vendors for Information Technology Support Services. The qualified vendor...
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...SUPPORT SERVICES” INQUIRIES: Questions or explanation of Request for Proposal (RFP) documents to Michael De La Fuente, at 254-630-0915 or @fresnocounty.net. Formal proposals must be received by Monday February 2nd, 2015 at 6:00 PM. Bids will be opened and read on February 3, 2015 at 10:00 AM. A conference will be held on July 21, 2015 at 10:00 AM in the meeting room. Anyone wishing to submit a proposal is requested to attend. Vendors are required to provide as much detail as possible in this proposal, regarding scope of services, approach to protecting and securing the technology used by County users, and their capability and experience. The County will utilize evaluation and selection criteria, based on the County’s standard proposal process, to determine an acceptable vendor. The County reserves the right to reject any or all proposals or to accept any proposal considered most advantageous. Copies of the Request for Proposal are available electronically at www.fresnocounty.net. Proposals will be public information after proposals are opened. Please direct all inquiries to Prepared by: Fresno County Office February 2, 2015 REQUEST FOR PROPOSAL INFORMATION TECHNOLOGY SUPPORT SERVICES 1. INTRODUCTION The County of Fresno is requesting proposals from qualified, professional technology vendors for Information Technology Support Services. The qualified vendor would provide necessary technical services, which would enable the County to:...
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...Organizing Production: Example case study: Competition and Coordination; Examples Coursework Introduction In the basis of every economy stands the production.Any material good cannot be destributed, sold or used if not previously produced.That is why the organization of produstion is so essential for the economy and entrepreneus. This paper will examine issues related to: Essence of organizing production; Functions and tasks of organizing production; Fundamental principles of organizing production process; Production type classification; Competition and coordination. The main goal of the study is to make a survey of the views of scholars on the subject to be learned. For example is taken the organizating production of woodworking enterprise "Bulles" Ltd. Velingrad Essence of Organizing Production Organization of production is a science studying the effects and manifestations of objective economic laws in versatile activities of enterprises and developed on this basis, ways and means for implementation of economic projects.(Zologorov, 2001) Organization of production is set of measures aimed at rational combination through space and time of resources and people involved in the process. Under the organization of the production process are understood methods for selecting and combining its elements through...
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...According to Eldon S. Hendriksen in Accounting Theory (1977), Theory as it applies to accounting is the coherent set of hypothetical, conceptual and pragmatic principles forming the general frame of reference for a field of inquiry. Thus accounting theory may be defined as logical reasoning in the form of a set of broad principles that 1 Provide a general frame of reference by which accounting practices can be evaluated and 2 Guide the development of new practices and procedures. Accounting theory may also be used to explain existing practices to obtain a better understanding of them. But the most important goal of accounting theory should be to provide a coherent set of logical principles that form the general frame of reference for the evaluation and development of sound accounting practices. IS AN ACCOUNTING THEORY POSSIBLE? 115 Let’s compare this with what many believe is the accounting framework, the IASC Framework for the Preparation and Presentation of Financial Statements. This Framework purports to: 1 assist the board of...
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...According to Eldon S. Hendriksen in Accounting Theory (1977), Theory as it applies to accounting is the coherent set of hypothetical, conceptual and pragmatic principles forming the general frame of reference for a field of inquiry. Thus accounting theory may be defined as logical reasoning in the form of a set of broad principles that 1 Provide a general frame of reference by which accounting practices can be evaluated and 2 Guide the development of new practices and procedures. Accounting theory may also be used to explain existing practices to obtain a better understanding of them. But the most important goal of accounting theory should be to provide a coherent set of logical principles that form the general frame of reference for the evaluation and development of sound accounting practices. IS AN ACCOUNTING THEORY POSSIBLE? 115 Let’s compare this with what many believe is the accounting framework, the IASC Framework for the Preparation and Presentation of Financial Statements. This Framework purports to: 1 assist the board of...
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...According to Eldon S. Hendriksen in Accounting Theory (1977), Theory as it applies to accounting is the coherent set of hypothetical, conceptual and pragmatic principles forming the general frame of reference for a field of inquiry. Thus accounting theory may be defined as logical reasoning in the form of a set of broad principles that 1 Provide a general frame of reference by which accounting practices can be evaluated and 2 Guide the development of new practices and procedures. Accounting theory may also be used to explain existing practices to obtain a better understanding of them. But the most important goal of accounting theory should be to provide a coherent set of logical principles that form the general frame of reference for the evaluation and development of sound accounting practices. IS AN ACCOUNTING THEORY POSSIBLE? 115 Let’s compare this with what many believe is the accounting framework, the IASC Framework for the Preparation and Presentation of Financial Statements. This Framework purports to: 1 assist the board of IASC in the...
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...Customer Satisfaction in the Mobile Telecommunications Industry In Nigeria Author: | Dr. Samuel Eniola anders.hederstierna@bth.se | Title: | Customer Satisfaction in the Mobile Telecommunications Industry In Nigeria | Translated title: | Customer Satisfaction in the Mobile Telecommunications Industry In Nigeria | Abstract: | Customer satisfaction is a fundamental marketing construct in the last three decades. In the past, it was unpopular and unaccepted concept because companies thought it was more important to gain new customers than retain the existing ones. However, in this present decade, companies have gained better understanding of the importance of customer satisfaction (especially service producing companies) and adopted it as a high priority operational goal. This study aimed at investigation the overall customer satisfaction of the mobile telecoms industry in Nigeria, factors influencing satisfaction and the relationship between satisfaction and demographics. The results obtained in this research indicated that 57% of the respondents were satisfied and 5% highly satisfied. The combination of network quality, billing, validity period and customer support (mobile services attributes) showed strong relationship with satisfaction while age, gender, location and employment variables showed weak relationship. | Subject: | Företagsekonomi - Business Administration\Management Control Företagsekonomi - Business Administration\Marketing Företagsekonomi - Business...
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