ended 31 March 2011. UNAUDITED CONSOLIDATED INCOME STATEMENT 1ST QUARTER ENDED 31/3/2011 RM Million 31/3/2010 RM Million FINANCIAL PERIOD ENDED 31/3/2011 RM Million 31/3/2010 RM Million OPERATING REVENUE OPERATING COSTS - depreciation‚ impairment and amortisation - other operating costs OTHER OPERATING INCOME (net) OTHER GAINS (net) OPERATING PROFIT BEFORE FINANCE COST FINANCE INCOME FINANCE COST FOREIGN EXCHANGE GAIN ON BORROWINGS NET FINANCE (COST)/INCOME ASSOCIATES - share of results (net of tax)
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Annual Report 2010 Askari Income Fund Invest with AIM A Wholly Owned Subsidary of Title Inside vision The leading quality investment advisor providing excellent returns in a dynamic market place‚ based on the superior expertise of a committed team of professionals who value service to the customer Askari Investment Management Limited Good people. Sound advice. Great returns. contents Funds Information 01 Directors Report 03 Fund Managers
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Income Manipulation: Enron’s rise and fall General Introduction “Rather fail with honor than succeed by fraud1.” The importance of values and ethics has always shaped the very fabric of human society. This was evident from the era in which the author of this quote‚ the famous Greek poet Sophocles‚ lived until modern times. In my opinion‚ the famous sayings “honesty is the best policy” and “the truth shall set you free” are invaluable and should be followed by everyone. This pertains
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Unit 5007 Financial control 1.1 Assess the relationship(s) between a financial system or function and other systems or functions in an organisation Answer: Information and records are of critical importance to the functioning and controlling of systems in general‚ including organisational systems. Given the central importance of information and records to systems operation‚ including public sector organisations and the societies they exist to govern‚ we should not be surprised
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Concept A. What type of opinion did the auditors issue on Google’s financial statements for 2007? What is the date of the audit opinion? Explain why the opinion date is different than the date of the financial statements. Ernst & Young provides an unqualified opinion following their review of Google’s financial statements. They state that Google has performed effective internal control over their financial reporting‚ but they do go onto state that they changed their accounting methods in
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Land trusts‚ also known as conservancies‚ are not-for-profit organizations dedicated to protecting wildlife habitat and natural lands by acquiring ownership rights and transfer of development rights (conservation easements) either thru donation or purchase. This series of Term Projects follows a small land trust through the process of budgeting. Term Project I requires students to develop and analyze an annual line-item budget and translate that budget‚ and additional information‚ into a quarterly
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CASE 8–29 Master Budget with Supporting Schedules Cravat Sales Company‚ a nationwide distributor of a designer’s silk ties with an exclusive franchise on the distribution of the ties‚ and sales have grown rapidly over the last few years. Your have been given responsibility for all planning and budgeting. Your assignment is to prepare a master budget for the next 3 months‚ starting April 1st. You are anxious to make a favorable impression on the president and have assembled the information below
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Quarter The Company Repurchased 1.2 Million Shares of Class A Common Stock During the First Quarter NEW YORK--(BUSINESS WIRE)--Aug. 6‚ 2014-- Ralph Lauren Corporation (NYSE:RL) today reported net income of $162 million‚ or $1.80 per diluted share‚ for the first quarter of Fiscal 2015‚ compared to net income of $181 million‚ or $1.94 per diluted share‚ for the first quarter of Fiscal 2014. “Our first quarter results demonstrate that we are making the right strategic decisions and investments to support
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Roll No. 521117331 Name Chander Shekher ASSIGNMENTS M.Com – 3rd Semester Subject Name: Management Accounting Subject code: MCC 304 Q1 What are the limitations of management accounting Answer Limitations of Management Accounting Management accounting‚ being comparatively a new discipline‚ suffers from certain limitations‚ which limit its effectiveness. These limitations are as follows: (i) Limitations of basic records: Management accounting derives its information from financial accounting
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been able to maintain profitability since inception and has continued to grow its business and revenues. Recent unforeseen external events have caused significant cash flow issues and shook the family business. Livoria is hoping to see annual net income of $1.1 million by 2015. This report will provide alternatives and the pros and cons of initiating these alternatives. A recommendation of one of the alternatives as well as an implementation plan will be provided to assist in obtaining the goal‚
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