Larsen & Toubro
Balance Sheet: • Weighted average share price at the date of exercise for stock options exercised during the period is 1452.14 (previous year: 1540.11) per share.
• In respect of stock options granted pursuant to the Company’s stock options schemes, the intrinsic value of the options (excess of market price of the share over the exercise price of the option) is treated as discount and accounted as employee compensation over the vesting period.
• Expense on Employee Stock Option Schemes debited to the Statement of Profit and Loss during 2012-13 is 85.41 crore (previous year: 156.73 crore) net of recoveries of 6.18 crore (previous year: 10.52 crore) from its group companies towards the stock options granted to deputed employees, pursuant to the employee stock option schemes. (Note N). The entire amount pertains to equity-settled employee share-based payment plans.
• During the year, the Company has recovered 12.44 crore (previous year: 31.51 crore) from its subsidiary companies towards the stock options granted to their employees, pursuant to the employee stock option
Over the past ten years, total number of outstanding shares has dropped 40%. The company is very committed to investing money back into own stock thus increasing share price and
Skylar Yee Ms. Brahmst Period 3 English 10 21 October 2015 Analytical Paragraph - Rough Draft In the novel, All Quiet on the Western Front, Erich Maria Remarque describes how wars result in psychological and physical damage. The emotional and physical devastation is a consequence of the war. While the men who survive the battles are turned into animals, other men die painful, bloody deaths. Paul Baumer, the main character, enters the war voluntarily, eager to fight.
In Chapter 19 of The Blank Slate, Steven Pinker discusses children which is one of his hot button topics. Pinker opens with a discussion on the nature-nurture debate - a debate pinning biology and environment against each other. Pinker states that Eric Turkheimer declares the debate to be over because he did a study that was completed over and over again, refined, and yielded the same results time and time again. Thus, creating the three laws of behavioral genetics.
Relevant Facts: Nurofen, the pain-relief medication is made by Reckitt Benckiser Australia, a multinational company. The company was found misleading customers for all its specific range that contained the same active ingredient ibuprofen lysine 342mg and was seen to have same effect. The product was advertised the products as been targeting back pain, period pain and tension headaches. The Company was fined $1.7m for misleading customers on range of ‘specific pain’ relief contravening Australian Consumer Law has been brought forward by ACCC. The ACCC had asked federal court to impose $6 million fine.
1. Provide a brief summary (in your own words) of the company (i.e., history of the company). Capital One, which is headquartered in McLean, Virginia, was founded in 1988 by Mr. Richard D. Fairbank. He wanted to bring information, testing, technology, and amazing people to the team. So, that they could work together to bring financial products straight to consumers that had been customized.
Document A Businesses went from low income friendly to high-income friendly. Low-income housing decreased in Woodward from 1995-2012 -Social housing increased from 1995 to 2012 It would have been better to live in Woodward in 1995 because the properties are low income friendly and more people have the opportunity to live there. Many people in Woodward in 1995 would be put in the stereotype that low-income people are committing crimes Gentrification is not okay because many people in the world have issues with finances.
The total value of the firm has been calculated with the help of PV of cash flows and the continuing value and it shows an amount of
Sincerely, Team Odyssey Exhibit 1 – Options Areas of Concern Option 1 Option 2 Option 3 Financial Aspect Net loss of $2M – one time cost. Increase in annual cashflow: $4.9M to 5.6M; one time transferring cost of $25M Cost of upgrading,tool maintenance - $2M loss. On going performance lag on company - $4.64M Capital Intensive – Need $32M for building the new plant. Increase in annual cash flows : $3M Operational Aspect Products are transferred from job shop environment to batch shop.
Therefore, there were a few steps taken by Greenberg and Ferguson to make CRD paid $10 million without really paying. Firstly, General RE paid only $7.5 million to commute the existing contract with HSB. Secondly, General RE paid a premium of $9.1 million to NUFIC to reinsure the HSB losses which were just commuted. Thirdly, CRD paid its parent company, General RE a premium of $0.4 million for a fake reinsurance contract. Fourthly, GRD received a loss payment of $13 million from General RE.
The document also elaborates on the balance between the amount of money the company pays employees, how many hours they work, and
As each writing assignments is graded, I realize how much I have improved as a writer by the grade and the fewer mistakes that I have made in them. As each time the grammatical and spelling mistakes are fewer on each paper. I want to share how I have grown as a writer on second semester by being in class and reflecting on my previous assignments. Even though there weren’t many writing assignments this semester. There were some assignments that I have done poorly on.
EXECUTIVE COMPENSATION Executive compensation is a broad term which comprises of financial compensation and non-financial rewards given to an executive from their firm for their services. This package is decided by a company’s Board of Directors (consisting of independent directors). It should be designed in a manner which incentivizes the executives and motivates them to perform in accordance with the company’s goals and its long term growth. These packages generally include a mix of short-term incentives (including salary, annual bonus, benefits, and perquisites) and long-term incentives (including stock options and restricted shares). E.g. Microsoft CEO Satya Nadella received a compensation package of $84.3 million for the software maker’s
The most significant component of cash outflows in case of purchase option was the cost of the replacement spare engine. Our cash flows included the tax shield on depreciation, and maintenances costs associated with the purchase and use of the engine. We determined the after tax cash flows under both options, in case of Hong Kong Air purchase option, the after-tax cash flows are, cost of the V2500 spare engine, the tax shield on depreciation and maintenances costs and the after tax discount rate was used. In case of the lease option, the after-tax cash flows are; include; monthly rental at 8% of engine price, rate per flight hour, rate per engine cycle all over the period of the lease not less than 10 years.(ref) The discount rate used was the after tax cost of debt.
EXECUTIVE SUMMARY TABLE OF CONTENTS Executive Summary 1 Introduction 3 Competitive Situation 4 Variable Costing 5 Existing Costing System 6 Diagram ABC 8 Activity Based Costing & Profitability 9 Conclusion 14 Bibliography 15 INTRODUCTION COMPETITIVE SITUATION Firstly, here is a brief description of what Wilkerson Company specializes in. According to our case study and various online sources, Wilkerson manufactures and markets a complete line of compressed air treatment components and control products.
Based on the result of calculation, the NPV that Berkshire can gain is $51.2 million. Berkshire would receive “penny warrants”, which would represent 19.9% of Media General’s common shares outstanding if exercised. By using Black–Scholes–Merton model, the value of the warrants equals to $14,564,265 (We directly used the historical volatility in MEG management compensation – employee stock options). Besides, after relieving the newspaper