PHILIPPINE LONG DISTANCE TELEPHONE COMPANY AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS AS AT MARCH 31‚ 2013 (UNAUDITED) AND DECEMBER 31‚ 2012 (AUDITED) AND FOR THE THREE MONTHS ENDED MARCH 31‚ 2013 AND 2012 (UNAUDITED) F-1 PHILIPPINE LONG DISTANCE TELEPHONE COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (in million pesos‚ except par value per share amounts and number of shares) As at January 1‚ As at March 31‚ As at December 31‚ 2012 2012 2013
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F 2. Pretax financial income is the amount used to compute income taxes payable. T 3. Deferred tax expense is the increase in the deferred tax liability balance from the beginning to the end of the accounting period. T 4. A deferred tax liability represents the increase in taxes payable in future years as a result of taxable temporary differences existing at the end of the current year. F 5. Deductible amounts cause taxable income to be greater than pretax financial income in the future
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Introduction to Financial Management Chapter 1 McGraw Hill/Irwin McGraw-Hill © 2004 The McGraw-Hill Companies‚ Inc. All rights reserved. Key Concepts and Skills Know the basic types of financial management decisions and the role of the financial manager Know the goal of financial management Know the financial implications of the different forms of business organization Understand the conflicts of interest that can arise between owners and managers McGraw Hill/Irwin
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BBA (Finance) SEM VI Financial Services Financial Intermediaries Introduction: Financial Institutions play an important role in capital market. Functions of financial institutions involve mobilizing of funds & channelizing them towards a productive way. The financial institutions do not directly add to the volume of real capital formation. They are only the intermediaries between savers and users of the funds. CENTRAL BANK: Central Bank plays an important role in the monetary & banking structure
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Monk Kidd represented a character of strength‚ endurance‚ stability‚ and a loving Mother. Many people ask themselves this question‚ “What is my true purpose in life?” Or “Who am I meant to be?” Most of the time they get an answer based on a religion‚ inspirational readings or thought. The Virgin Mary‚ the Black Madonna‚ is history’s example of a mother. She is sensitive and firm‚ relatable and divine. The Black Madonna teaches Lily that she has mothers all around her‚ Rosaline’s protection‚ May’s
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other functions. A company in a tight financial position will give more weight to financial consideration and devise its marketing and production strategies in the light of financial constrain. On the other hand management of the company‚ which has a regular supply of funds‚ will be more flexible in formulating its production and marketing policies. Hence financial management may be considered as one of the most important area in the field of management. Financial management is an integral part of
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The Regulation of Financial Reporting Contents Part 1 Financial Statement Analysis of JD Wetherspoon plc Executive summary.............................................................................4 1.1 Company profile................................................................................4 1.2 History and development...................................................................4 Introduction....................................
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1.1.1 Financial Performance Analysis. The financial statement provides the basic data for financial performance analysis. Basic limitation of the traditional financial statement comprising the balance sheet and the profit and loss account is that they do not give all the information regarding the financial operations of a firm. Nevertheless‚ they provide some useful information to the extent the balance sheet mirrors the financial position on a particular date in terms of the structure
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Arab British Academy for Higher Education UNIVERSITY OF ESSEX THE ESSEX BUSINESS SCHOOL 10/09/10-04:05:28 The Effect of Applying Fair Value on the Financial Statements of UK Leading Companies By Bassam Kazmouz 0948799 Supervisor Dr Robert Wearing September 2010 Dissertation submitted in partial fulfilment of the requirements for the award of ACCOUNTING AND FINANCE (MSC) www.abahe.co.uk Arab British Academy for Higher Education TABLE OF CONTENTS I. Introduction
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FINANCIAL MARKET: Mechanism that allows people to buy and sell financial securities(such as stock and bonds) and items of value at low transaction cost. Market works by placing many interested buyer and seller in one ‘place’‚ thus making easier for them to find each other. PURPOSES: Financial market facilitate; 1. Raising of capital 2. Transfer of risk 3. International trade HOW FINANCIAL MARKET WORKS: Borrower: issue a receipt to lender promising to payback the
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