subject: Financial Reporting Millat Tractors Limited Synopsis of Annual Director report 2013 Touqeer Hussain Awan Submitted To: Sir Ubaid Ur Rehman ABOUT MILLAT TRACTORS LIMITED BOARD OF DIRECTORS CHAIRMAN MR. SIKANDAR MUSTAFA KHAN CHIEF EXECUTIVE SYED MUHAMMAD IRFAN AQUEEL MR. LATIF KHALID HASHMI MR. SOHAIL BASHIR RANA MR. LAEEQ UDDIN ANSARI MIAN MUHAMMAD SALEEM MR. MANZOOR AHMED (NIT NOMINEE) MR. SAAD IQBAL COMPANY SECRETARY MIAN MUHAMMAD SALEEM CHIEF FINANCIAL OFFICER MR. JAVED MUNIR
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1. Advantage of limited company status. Higher take home pay - You’ll typically take home around 75% - 80% of your contract by working through your own limited company‚ you can take home as much as £15‚000 per year more on a £350 daily rate compared with using an Umbrella Company. Claim on a wider range of expenses - Anything that is solely classed as a business cost can be claimed back on expenses. Trading through a Limited company means you can claim on a wider range of expenses such as accountancy
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Groups can be defined by either informal groups‚ or formal groups. Formal groups A formal group is set by an official authority or leader designed to complete a specific task or purpose and is strictly regulated by the organisations rules and practices. In a formal group responsibility of an outcome of a task is set usually to the leader‚ discipline and reward is mainly handed down to the leader via the organisation. A formal group is coordinated by activities shared between a number of people
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Case Report Pak Electronic Limited: Converting Systems to ERP Executive Summary Pak Elektron Limited (PEL)‚ a large manufacturer of consumer home appliances and power transformers‚ initiated an information system conversion to a Tier 1 enterprise resource planning (ERP) system in 2007. After the Phase I of implementation by 2011‚ Pak Elektron was facing a liquidity crisis that hindered implementation of further modules. Legacy systems were still being widely used‚ and staff had grown uncomfortable
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October 9th‚ 2012 Word Count: 542 I Want Super Powers I am a normal human being. I go to school. I go to work. I have my hobbies and my activities‚ but a part of me wants more. No longer do I want to stay bound to this Earth by gravity. No longer do I want this normal‚ average strength. No longer do I want to stand by and watch the world slip away into more bleakness and despair. I want super powers. How many times a day‚ do you wish that you had super powers? I know it happens at least a dozen
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Amalgamation of Air India Limited and Indian Airlines Limited with National Aviation Company of India Limited. The Government of India‚ on 1 March 2007‚ approved the merger of Air India and Indian Airlines. Consequent to the above‚ a new Company viz National Aviation Company of India Limited (NACIL) was incorporated under the Companies Act‚ 1956 on 30 March 2007 with its Registered Office at Airlines House‚ 113 Gurudwara Rakabganj Road‚ New Delhi. The Certificate to Commence Business was obtained
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Super Bakery‚ Inc. – Costing Methods Norman Thompson ACC/561 July 24‚ 2010 In today’s economy the business world has changed tremendously with the advances of computer systems‚ global competition‚ and innovation in technology. Because of these changes businesses compete to keep their products and services profitable as well as keeping a strong customer base. The main challenges for keeping a business successful are managing the cost of services and products while keeping the company
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Master Ltd 4.1 Sandwich Master Ltd is a limited company that was established over seventy years ago in the Midlands area of the UK by a family with the name of ‘Graham’. In 2006 the medium sized local bakery by the name of ‘Graham’s Bakeries’ was sold and renamed ‘Sandwich Mater Ltd’. The company was bought by 4 shareholders‚ Courtney Chandler‚ George Bartlett‚ Jane Chung and Emma Pearson who each own 45%‚ 45%‚ 5% and 5% respectively. Sandwich Master Limited strives to be the number one choice for
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Case Study “MacPherson Refrigeration Limited” Mohamed Yehia Emam (S1500733) George Gabriel George (S1501034) Table of Contents Table of contents Page 2 1. Introduction Page 3 2. Problem Statement Page 3 3. Performance Measures and Trade-Offs Page 4 4. Assumptions Page 5 5. Iterative Plan Page 5 5.1. Integer Programming Model Page 5 5.2. Integer Programming Model Considering Overtime Page 6 5.3. Integer Programming
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and Birds Eye. Their customers are retail consumers. The Super Project presented General Foods management with the possibility to introduce a new dessert product‚ named Super‚ into the market. The dilemma management faced was how to appropriately measure and allocate costs associated with the project‚ as well as‚ whether to accept or reject the project based on costs and future cash flows generated by Super. With regard to The Super Project or any capital budgeting decision‚ time value of money
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