Thursday 9 December 2010 7:22 pm whatsapp The International Accounting Standards Board has announced plans to revolutionise hedge accounting for financial instruments by brushing aside existing rules and introducing a set of core principles instead. IASB chairman Sir David Tweedie said the changes, announced yesterday, would add simplicity to hedge accounting, while allowing for more easily identifiable risk management. Accountancy body ICAEW cautiously welcomed the new proposals – saying they might be an improvement but they were incomplete. ICAEW’s Dr Nigel Sleigh-Johnson said: “The very detailed and specific rules in the current standard made hedge accounting very difficult. It was hard for companies to explain their strategies and for users of financial reports to understand how the hedge accounting results related to them.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Hedge accounting rules change Tags: NULL Show Comments ▼ whatsapp KCS-content Share More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org
Instant win games accounted for €2.0bn of lottery stakes, up 2.1%, while FDJ ramped up marketing activity to normal levels, again following a lull due to Covid-19. As a result, FDJ has updated its full-year guidance for 2020, saying that it expects a slight increase in fourth quarter stakes, provided no new restrictions are introduced for points of sale, and no sporting event cancellations. This, the operator said, was thanks to the return of live sport and the easing of novel coronavirus (Covid-19) restrictions allowing FDJ to ramp up retail activity. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Looking at stakes by channel, retail reigned supreme, accounting for €4.0bn of the total, up 3.4%. Online stakes, however, grew 43.8% to €400m, with online lottery performing particularly well. Amounts wagered on sports was up 27.2% year-on-year to €1.0bn, in a period that saw a number of European leagues complete their football seasons, and the final rounds of the continental Europa League and Champions League competitions played. Players won approximately €3.0bn during the period, up 9% year-on-year, which resulted in the payout rate increasing to 69.3% of stakes. This, FDJ noted, reflected the greater contribution of sports betting, and favourable results for players. Subscribe to the iGaming newsletter Players won €7.7bn over the nine month period, down 9.9%, after which gross gaming revenue came to €3.6bn, a 10.4% decline. Factoring in the adjustments to 2019 figures, this decline was reduced marginally to 10.2%. This will be supported by a “packed” lottery schedule, the operator said, with Keno, Mots Croisés and Amigo to be relaunched, and a second hybrid retail-online game, ‘Qui veut gagner des Millions’ to be launched. The sporting calendar, meanwhile, is expected to be comparable to the prior year. Lottery staking only grew 1.2%, but still accounted for the vast majority of the operator’s turnover, at €3.4bn. Draw-based games’ contribution fell 0.2% but the operator described this as a good performance, considering staking in Q3 2019 was especially high, as a result of particularly long jackpot cycles. The Amigo lottery game, which resumed draws in June following a Covid-19 enforced suspension, also returned strongly, FDJ added. 15th October 2020 | By Robin Harrison Return of sport and lockdown easing drives FDJ Q3 growth Net gaming revenue, after FDJ’s contribution to public finances, was down 5.5% at €1.3bn, though this was improved marginally by the contribution from other products and services, to €1.4bn, down 4.8%. Regions: Western Europe France Tags: La Française des Jeux France Q3 results 2020 As a result it expects annual stakes to reach €16.0bn, which would represent a decline of around 6% from 2019. Assuming that it can finalise an €80m cost-cutting plan, revenue would then be expected to reach around €1.9bn, down 7%, and EBITDA margin to improve marginally to 21%. In a trading update for the three months to 30 September, stakes across all products and channels grew 6.1% to €4.4bn (£4.0bn/$5.2bn), driven by largely by growth in sports betting. Topics: Finance Lottery Sports betting Q3 results 2020 Online lottery Retail lottery State monopoly Online sports betting Retail sports betting This, however, will result in the operator’s revenue falling year-on-year. For the nine months to 30 September, stakes are down 10.1% at €11.3bn, or 10.4% when FDJ’s 2019 results are adjusted to reflect new financial reporting standards adopted from January this year, and the acquisition of Sporting Group. While France’s Ligue 1 and 2 had their 2019-20 seasons prematurely ended in April as a result of the Covid-19 pandemic, French champions Paris Saint-Germain reached the Champions League final during the quarter. La Française des Jeux (FDJ) said a strong end to the first half of 2020 continued into the third quarter, leading to growth in stakes which in turn led to marginal growth in revenue. “Over the entire year, without new measures of general restrictions linked to changes in the public health environment, the impact of the crisis on our revenue should be contained, and our EBITDA margin should remain at a high level, thanks to the strong mobilisation of our employees and our distribution network, as well as the cost reduction measures that we have implemented as early as March.” “The third quarter confirmed the good momentum seen since mid-June and a recovery in our business at levels comparable to 2019,” FDJ chair and chief executive Stéphane Pallez said. “The Group thus demonstrates its resilience and its reactivity. After customer winnings, gross gaming revenue came to €1.3bn, which FDJ said was “almost stable”, and once its contribution to public finances and operating costs were stripped out, net gaming revenue was up 0.2% at €500m. Email Address
Lux Island Resorts Limited (NRL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2014 interim results for the third quarter.For more information about Lux Island Resorts Limited (NRL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Lux Island Resorts Limited (NRL.mu) company page on AfricanFinancials.Document: Lux Island Resorts Limited (NRL.mu) 2014 interim results for the third quarter.Company ProfileLux Island Resorts Limited, formerly known as Naïade Resorts Limited, is a collection of premium hotels in the Indian Ocean with running operations in Mauritius, the Réunion Island, the Maldives, China, Vietnam, Turkey, and the United Arab Emirates. The company however, operates as a subsidiary of IBL Ltd as of May 18, 2018. Lux Island Resorts Limited is listed on the Stock Exchange of Mauritius.
National Microfinance Bank Plc (NMB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2019 abridged results.For more information about National Microfinance Bank Plc (NMB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the National Microfinance Bank Plc (NMB.tz) company page on AfricanFinancials.Document: National Microfinance Bank Plc (NMB.tz) 2019 abridged results.Company ProfileNational Microfinance Bank Plc (NMB) is a commercial bank in Tanzania offering financial solutions for individuals, small-to-medium-sized businesses and large corporations. NMB operates in several segments; wholesale banking, retail banking, agribusiness and treasury. Its product offering ranges from current and savings accounts to time deposits to fixed deposits, and Kilimo, Chap and Chipukizi accounts. NMB also offers loans to entrepreneurs, bank guarantees, and export and import financing, supply chain financing and letters of credit. Other services include forex, cash exchange, institutional and transactional banking, and payment and collection services. NMB has an extensive network of branches and ATMs in the major towns and cities of Tanzania. National Microfinance Bank Plc is listed on the Dar es Salaam Stock Exchange
R.T. Briscoe Nigeria Plc (RTBRIS.ng) listed on the Nigerian Stock Exchange under the Engineering sector has released it’s 2020 interim results for the third quarter.For more information about R.T. Briscoe Nigeria Plc (RTBRIS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the R.T. Briscoe Nigeria Plc (RTBRIS.ng) company page on AfricanFinancials.Document: R.T. Briscoe Nigeria Plc (RTBRIS.ng) 2020 interim results for the third quarter.Company ProfileRT Briscoe Nigeria Plc imports and markets a range of automotive vehicles, power equipment and industrial equipment in Nigeria. Its product range includes some of the world’s most recognised and widely respected automobile and industrial equipment brands. Briscoe Toyota markets, sells and services a range of Toyota commercial and passenger vehicles. The Industrial Equipment division markets, sells and services a range of industrial, mining, drilling and construction equipment under the franchise of various international brands which includes Elgi air compressors, Ford motors, Toyota forklifts, Raymond forklifts and Briscoe Toyota warehouse equipment. The company also offers a logistics and warehousing service. Its head office is in Lagos, Nigeria. RT Briscoe Nigeria Plc is listed on the Nigerian Stock Exchange
National Microfinance Bank Plc (NMB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2020 interim results for the third quarter.For more information about National Microfinance Bank Plc (NMB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the National Microfinance Bank Plc (NMB.tz) company page on AfricanFinancials.Document: National Microfinance Bank Plc (NMB.tz) 2020 interim results for the third quarter.Company ProfileNational Microfinance Bank Plc (NMB) is a commercial bank in Tanzania offering financial solutions for individuals, small-to-medium-sized businesses and large corporations. NMB operates in several segments; wholesale banking, retail banking, agribusiness and treasury. Its product offering ranges from current and savings accounts to time deposits to fixed deposits, and Kilimo, Chap and Chipukizi accounts. NMB also offers loans to entrepreneurs, bank guarantees, and export and import financing, supply chain financing and letters of credit. Other services include forex, cash exchange, institutional and transactional banking, and payment and collection services. NMB has an extensive network of branches and ATMs in the major towns and cities of Tanzania. National Microfinance Bank Plc is listed on the Dar es Salaam Stock Exchange
Fulcrum Structural Engineering Projects United States LTD Engineering Inc. ArchDaily Structural Engineer: 2013 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/547603/hillside-house-shands-studio Clipboard “COPY” Civil Engineer: Beyond Efficiency Inc. Area: 2450 ft² Area: 2450 ft² Year Completion year of this architecture project Photographs Cove Construction ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/547603/hillside-house-shands-studio Clipboard Save this picture!© Paul Dyer Photography+ 21 Share Architects: Shands Studio Area Area of this architecture project Year: photographs: Paul Dyer PhotographyPhotographs: Paul Dyer Photography Hillside House / Shands StudioSave this projectSaveHillside House / Shands Studio Houses 2013 CopyHouses•San Anselmo, United States General Contractor: Acoustic Consultant: Acoustic Frontiers Energy Consultant: Hillside House / Shands Studio Planting Consultant:Doniel Ellis DesignsCity:San AnselmoCountry:United StatesMore SpecsLess SpecsSave this picture!© Paul Dyer PhotographyText description provided by the architects. The design for this house was inspired by a desire to engage with the landscape, celebrate the native Oak trees and capture views of Mt. Diablo and the surrounding hills. Formerly a hunting and summer guest house dilapidated from years of vacancy, the old growth Douglas Fir framing lumber was salvaged for re-use and the 100 year old rock walls that traverse the property were preserved.Save this picture!© Paul Dyer PhotographyEnvisioned for direct access to the outdoors and visual connection to the landscape, the house creates an L shape as two perpendicular volumes step down the hill integrating with the existing trees and rock walls. The materials selected–board formed concrete walls, painted steel and stained western red cedar–were inspired by the natural setting and rugged nature of the site.Save this picture!Ground Floor PlanPermeability between interior and exterior is achieved by providing sliding glass doors throughout the main level of the house, allowing the patio and cantilevered deck to be an extension of the living spaces. The entry also aligns with the outdoor patio connecting the North and South sides of the property. Floor to ceiling windows frame views of the hills and mountain beyond.Save this picture!© Paul Dyer PhotographyAs part of the sustainable design approach, the Upper Level overhangs the Main Level on the South side utilizing passive heating and cooling strategies and Upper Level windows have 6” deep perimeter frames to provide shade during the hottest summer months. Additionally, the inverted hip roof was designed to maximize exposure for solar panels while visually concealing them from the street.Save this picture!© Paul Dyer PhotographySustainability Features:• House was designed for passive heating and cooling. A 4’-0” overhang and 6” deep perimeter frames around the windows were designed to shade the South glazing in the summer while allowing direct sunlight in the winter. The house was also sited to maximize shade from the existing trees on the West side.• Salvaged and re-used framing lumber from existing dilapidated structure on site.• Re-use of all rocks on site to repair existing rock landscape walls and create new edging.Save this picture!© Paul Dyer Photography• Concrete walls and foundations composed of 50% Fly Ash. Concrete slabs composed of 30% Fly Ash.• Wood framing for walls is 24” O.C. to reduce amount of wood used and create 2×6 cavity for insulation providing a more energy efficient envelope.Save this picture!© Paul Dyer Photography• Benjamin Obdyke “Home Slicker” rainscreen installed behind cedar siding for ¼” air gap.• Insulation is cellulose and recycled denim (Bonded Logic).• Heating is supplied using a hybrid system. A high efficiency water heater supplies domestic hot water while also having coils connected to the air handler for forced air heating. This system also provides whole house ventilation throughout the year.Save this picture!Section AA• Over 50% of the light fixtures are LED.• Landscaping designed with all drought tolerant plants.• Photovoltaic solar panels installed on Upper Roof.Save this picture!© Paul Dyer PhotographyProject gallerySee allShow lessNew BIG-Designed Neighborhood to Activate Aarhus’ WaterfrontUnbuilt ProjectHerzog & de Meuron Designs 28-Story Luxury Tower for ManhattanUnbuilt Project Share Year: “COPY” CopyAbout this officeShands StudioOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesSan AnselmoHousesUnited StatesPublished on September 24, 2014Cite: “Hillside House / Shands Studio” 24 Sep 2014. ArchDaily. Accessed 11 Jun 2021.
News UpdatesBar Council Of Tamil Nadu Urged To Create A Corpus Of Rs 2 Crores To Help Advocates Facing Hardship During Lockdown LIVELAW NEWS NETWORK6 April 2020 8:57 PMShare This – xA group of lawyers of Madras High Court appealed to the Bar Council of Tamil Nadu to create a corpus of Rupees 2 Crores to help those advocates who are facing financial hardship due to the lockdown.Stating that sporadic incidents of individual donations by senior lawyers and judges cannot replace a “collective and concerted efforts” by bodies such as Bar Council of Tamil Nadu, Madras High…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA group of lawyers of Madras High Court appealed to the Bar Council of Tamil Nadu to create a corpus of Rupees 2 Crores to help those advocates who are facing financial hardship due to the lockdown.Stating that sporadic incidents of individual donations by senior lawyers and judges cannot replace a “collective and concerted efforts” by bodies such as Bar Council of Tamil Nadu, Madras High Court Advocates Association, Madras Bar Association etc, the representation sent by the group of about 872 advocates said :”We therefore appeal to the Bar Council of Tamil Nadu to take the lead and devise a scheme to allocate a sum of Rs.2,00,00,000/- (Rupees Two Crores only) as corpus fund and solicit a minimum contribution of Rs.50,00,000 ( Rupees Fifty Lakhs) each from MHAA and MBA. Contributions may also be solicited from Hon’ble Judges, Bar Council Members, Senior Advocates and senior members of the Bar in the State for generating a fund of at least a sum of Rs.5, 00, 00,000 (Rupees Five Crores only). A minimum sum of Rs.7,500/- (Rupees Five Thousand Only) may then be provided in a systematic manner to a targeted group of most deserving Advocates”.They suggested an eligibility criteria for deserving candidates in the following lines :(a) Age shall be below 35 years. (b) Enrolment and practice shall be below 7 years. (c) She/he must be a regular practicing lawyer as per the Bar guidelines. (d) She/he does not have a senior who support financially.”We are conscious of the fact that even those advocates who do not fall within the above categories may be experiencing hardship and financial distress. Schemes may be devised to help this category, including credit and loan facilities with no interest”, they added.”The Bar Council may adopt a proactive role and reach out to banks to discuss loan facilities for advocates who have completed 10 years of practice to support their staff and office”, they suggested. Click here to download letterRead LetterNext Story
Back to overview,Home naval-today USS Momsen Captain Relived of Duties View post tag: Relived Authorities April 29, 2011 The commander of a guided-missile destroyer has been relieved of command while the Navy investigates allegations of misconduct…(seattlepi)[mappress]Source: seattlepi, April 29, 2011; View post tag: USS View post tag: Naval View post tag: Captain View post tag: Momsen Share this article View post tag: Navy View post tag: Duties USS Momsen Captain Relived of Duties View post tag: News by topic