The financial statements of Koninklijke Philips Electronics N.V. (the ‘Parent Company')
are included in the statements of the Philips Group. The unconsolidated statements of
income of Koninklijke Philips Electronics N.V. therefore reflect only the net after-tax
income from affiliated companies and other income after taxes.
The accompanying notes are an integral part of the consolidated financial statements.
Presentation balance sheet and income statement
In 1997, the Company changed the format of its consolidated balance sheet presentation.
The IRS also faces significant enforcement challenges posed by the complexity and magnitude
of the international financial system. As technology continues to advance and cross-border
transactions rise, the IRS faces the growing challenge created by economic globalization. Over
the past few years, the IRS has taken action to coordinate international tax compliance issues.
Assuming that (1) new information will correct or improve the firm's prior beliefs and
(2) the firm has the technical and regulatory flexibility to alter its decisions, we are ultimately
concerned with the economic value of the changed decision. Given that the firm will "re-
optimize" based on the new, better information, what is the value of that re-optimization?
Assume that Chemical A's cost was found to be grossly underestimated and that the
firm was able to identify a substitute input B whose true cost was substantially lower.
Analysis of differences in content of nutrients and other substances in livestock products
(meat, dairy, eggs) was more limited given the smaller evidence base. Analysis was
conducted on nutrients or nutrient groups for which numeric data were provided in at least
5 of the 25 livestock product studies identified by the review.
The bleached pulps were screened prior to sheet preparation. All analyses were
performed according to ISO and SCAN standards, except for the carbohydrate
analysis of straw which was done by high-performance anion-exchange
chromatography (HPAEC). The ashing was conducted at 550°C for 12 h.
The mechanically refined pulp after hot water treatment was fractioned with a
Bauer McNett apparatus. The paper technical properties were determined from
the combined 100 and 200 mesh fractions.
This is an industry that is still evolving, developing, and growing. It has gone from
commercial banking to syndicated transactions and equities, and more recently, into debt
issuance and structured products. Its sophistication and product offerings have developed
along with this change. At an earlier stage, industry growth was in part a reflection of
economic growth in the Islamic world, fuelled primarily by oil wealth. This created a
growing middle-wealth segment and hence made banking a necessary service to the larger
segment of the population.
The relative peace following the common position among government officials and
representatives of EU institutions was suddenly put into question on 17 October. At
that date the President of the European Commission Romano Prodi declared that
excessively strict rules are not sensible and the rigid implementation of the Pact is
“stupid,” as all rigid decisions.
Several key terms that are used throughout this report bear mention. The two most
significant related terms for subsets of “credit rating agencies” are “nationally recognised
statistical rating organisations” (NRSROs), which are regulated by the United States
Securities and Exchange Commission (US SEC), and “external credit assessment
institutions” (ECAIs), a term set forth in the Basel II framework.
As the project unfolds, the manager can track tasks that are on schedule,
those that are lagging and those that are critical. At the end of the project, the
manager can go back over the project plan to see what was close to the mark
and what needs improvement in the future.
This is but a fraction of what Project Management Software can do for
complex management assignments. While many, if not most PR practitioners
do not use such software today, it may make sense to look into it and to see if
your organization can...
The good news is that more and more content is being “born digital” without the need for scanning. We
expect that, over time, more and more information will arrive digitally, including bills, correspondence,
financial statements, music, and photos. Articles in professional journals, newspapers, and magazines are
perhaps the most valuable content that a professional and many of these are available digitally now. RSS
feeds from professional organizations will improve this situation.
The HITIDE Subgroup focuses on governance challenges, operational opportunities, and issues relevant to
HITIDE projects. Its current interests include interoperability, standards, de-identified test data, and
medical device interoperability (NIH Affiliate, ONC Strategic Health IT Advanced Research Projects [SHARP]
program); and developing substitutable, modular applications for health IT systems (ONC SHARP program).
Banking activities have a relatively large share of GDP in the U.K. compared to other countries. In this paper
the focus will be on the domestic activities of the banks and non-banks. The latter can be defined as lenders,
which have their funding provided by the wholesale money and capital markets, rather than by their own
Many banks in the U.K., especially in the City of London are involved in cross-border activities, either as
currency traders, bond and share traders and/or as risk traders in the derivatives markets.
A critiquing system is a tool that analyzes a design at hand and provides feed-
back to help a designer improve the solution (Fischer, Lemke, Mastaglio & Morch,
1991; Oh, Gross & Do, 2008). Although the researchers of critiquing systems take
the concept of ‘critiquing’ from the ﬁeld of design, they lack a clear understand-
ing of design critiquing. Most critiquing systems have focused on detecting errors,
or opportunities for oﬀering corrective feedback.
Usually, the primary prerequisite for implementing network security, and the driver for the security design process, is the security
policy. A security policy is a formal statement, supported by a company’s highest levels of management, regarding the rules by
which employees who have access to any corporate resource abide. The security policy should address two main issues: the
security requirements as driven by the business needs of the organization, and the implementation guidelines regarding the
Finally, another issue, which has aroused a considerable amount of interest in the
literature, is the role of the bank-customer relationship in credit risk. Non-financial companies
can benefit from close relationships with banks through easier access to credit, in terms of
both the amount of credit they can obtain and how much it costs them, the protection they
have during recession and even an implicit insurance of the cost of finance [Petersen and
The first important question is “What is a Web application”? Although most people have an
intuitive notion of what comprises a Web-enabled application, rarely do we think about its scope
and complexity. Web applications are typically multi-layered entities that include code and data
residing in many places within the enterprise (see Figure 1) that can be accessed directly or
indirectly from the Internet. Some parts of the application are typically developed in house are
unique to the enterprise while others are purchased from an external vendor (e.g.
Through history, expression of Dionysian ideals often seemed inspired
as a reaction to the dominant tradition of reason. While the rise and fall
of tension between the two traditions may make for a dramatic story and
inspire many to choose one side or the other, Dewey and other holists
would insist that the complete human experience is always the unity of
the two. Thus, it is neither accurate nor sensible to assert that one side is
more important than the other or to force an either/or choice. That
Continued growth in annual fuel cell system shipments was seen worldwide in 2011, increasing
39% compared to 2010 to reach a new high of 24,600 units. So far 2012 has seen that momentum
maintained and our expectations are for full-year system shipments to more than triple relative to
2011, reaching 78,200. In megawatt terms, 2011 grew 20% versus the previous year to exceed
100 MW for the ﬁ rst time and we anticipate a further 61% growth in megawatts for 2012, totalling
175.8 MW. A number of high-proﬁ le developments took place, including a surge in large stationary
The approach taken in these studies is largely a-theoretic. More speciﬁcally, they implicitly
model the demand for assets as being a function of only current demographics. Unless investors
are completely myopic, however, the expected rate of return on investments will be a further
determinant of how much people want to invest. Thus there will a feedback from the future path
of stock prices back to the pattern of investment. And future stock prices will in turn be inﬂuenced
by future demographics.
A written lease contains obligations for both the landlord and the tenant.
Unless the lease says diﬀ erently, the landlord cannot raise the rent during the
term of the lease. But, unlike most oral leases, written leases usually commit a
tenant to rent payments for a ﬁ xed amount of time, whether or not the tenant
lives in the apartment. In Florida, a landlord does not have to make any special
eﬀ orts to re-rent your place if you breach the lease by moving out early. (Fla.
Stat. § 83.595 (1)(c)).
A written lease also minimizes disputes...