Sentences with phrase «financial year it cost»

But a report by Conservative MP Grant Shapps in June revealed that in the last financial year it cost # 17.8 million to run, but only seized # 4.1 million.

Not exact matches

Naturally, his forecasts were derailed by a combination of a deluge in mortgage costs from the disastrous acquisition of Countrywide Financial, and years of extremely low rates that shrank the margins the bank earns on its giant loan portfolios.

Ivor Bamberger, chief financial officer of Beber Silverstein & Partners Advertising, a Coral Gables, Fla., ad agency, keeps his policy costs under control without alienating insurance carriers, by going to market for insurance bids every three years.

The new contracts will cost Ryanair an estimated $ 45 million (# 39.6 million) in the second half of its financial year and as much as $ 100 million (# 88 million) in a full year.

Monadelphous Group says it will be looking to reduce costs to weather the current market conditions, with the company announcing a 23.6 per cent slide in net profit for the 2015 financial year, to $ 105.8 million.

Diversified miner Independence Group has booked a $ 58.8 million net loss for the 2016 financial year, on the back of acquisition costs and lower commodity prices.

Carole Andrew, a mother whose 18 - year - old son learned he had diabetes a year ago, used the financial gravity of how much insulin costs to make sure her son takes his insulin.

Perth contractor Otoc has flagged a likely loss for the 2015 financial year after disclosing that impairment, restructuring and acquisition costs of about $ 10 million would outweigh its operating profit.

«Notwithstanding some operational issues in the latter part of the financial year, Karouni still managed to generate a strong cash margin of $ 26 million during its first six months, which assisted with paying down $ 55 million in debt repayments and financing costs.»

He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for «security and other services,» costing him «tens of millions of dollars» and leading to financial trouble, of which he claims to have only become aware of in March of last year.

World stocks were in their biggest two - day dive in six months on Tuesday and commodities were also jammed in reverse, as rising U.S. borrowing costs cooled financial markets» euphoric start to the year.

Watsi's website includes a Google Doc that lists its monthly financial statement, including administrative costs, salaries and travel expenses (Adam makes $ 65,000 a year, for the record).

Moody's studied 37 oil and gas companies in Canada and the U.S., concluding that although the oil industry has dramatically slashed its cost of production in the past three years and is currently in the midst of posting much better financials this year, there is little room left for more progress.

The revelation the state government's Office of Shared Services is to be disbanded after costing taxpayers almost $ 450 million over six years is just the latest in a long line of public sector financial disasters.

By slashing capital costs as they are (necessarily for financial reasons) doing, they are cutting production literally years in the future.

This is a direct strategic and financial benefit to Method, but there are also cost savings to society in the reduction in the billions of tons of plastic flowing into our landfills and oceans each year.

Water Corporation of Western Australia has reduced its water losses from leaks and overflows by 11 per cent in the 2012 - 13 financial year and recorded the lowest operating costs of the major water utilities nationwide.

TOKYO, April 10 (Reuters)- Mitsubishi UFJ Financial Group (MUFG) plans to book a charge of 50 billion yen ($ 470 million) for the year ended March, as it closes or merges unprofitable domestic branches to cut costs, two people with knowledge of the matter told Reuters.

In the last quarter before completing the acquisition, Innergex had net earnings of $ 3.5 million or five cents per share, down from $ 8.8 million or eight cents per share last year after an increase in financing costs and other financial impairments.

«A good financial strategist will cost at least $ 90,000 a year, so do the math,» says Steve Enright, president of SJE Partners, a Richmond, Virginia, HR consulting firm.

The test is one of several blockchain experiments State Street and other financial institutions have been working on over the past year as Wall Street grows increasingly hopeful that the technology, first developed to run cryptocurrency bitcoin, can help them increase efficiency and cut costs.

The outcome of the wager, which concludes at the end of this year, is the latest reminder of the momentum that low - cost passive investing has gained since the financial crisis.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

Mining giant BHP Billiton has said that its exploration and capital expenditure for the 2014 financial year will decline significantly to approximately $ 18 billion as the company looks to reduce costs

And financial stress is a major cause of illness, absenteeism and other problems that cost companies millions every year.

In the 2016 RIA, the Department estimated that Financial Institutions would incur $ 16 billion in compliance costs over the first 10 years, $ 5 billion of which are first - year costs.

During periods of adverse changes in general economic, industry or competitive conditions, such as we experienced in calendar years 2008 and 2009, some of our vendors may experience serious cash flow issues, reductions in available credit from banks, factors or other financial institutions, or increases in the cost of capital.

An uptick in commodity prices, combined with two years of supply cost cuts, created some room to get financial houses in order and invest in production growth in 2017.

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018, on both a consolidated and segment basis; projected total revenue growth and global medical customer growth, each over year end 2017; projected growth beyond 2018; projected medical care and operating expense ratios and medical cost trends; our projected consolidated adjusted tax rate; future financial or operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas; financing or capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the proposed merger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performance.

Based on over 80 years of Nobel Prize winning academic research, Atlas Financial's innovative, cost - effective investment platform empowers board members and highlights the value of independent financiaFinancial's innovative, cost - effective investment platform empowers board members and highlights the value of independent financialfinancial advice.

One big reason was the cost of avocados, which jumped and «took a bite out of our margins last year,» as Chief Financial Officer Jack Hartung said, noting that nearly 50 percent of transactions include guacamole.

Chairman John Kain said earnings in the last six months of the financial year «will also be impacted by unbudgeted costs associated with the response to recent market events».

ANZ said its external legal costs for the royal commission would be around $ 50 million for the 2018 financial year.

According to Genworth Financial's Cost of Care Survey for 2017, the annual median cost of services increased by an average of 4.5 percent in 2017 from the prior year, the second - highest year - over-year increase since the study began in 2004 and nearly three times the overall rate of inflatCost of Care Survey for 2017, the annual median cost of services increased by an average of 4.5 percent in 2017 from the prior year, the second - highest year - over-year increase since the study began in 2004 and nearly three times the overall rate of inflatcost of services increased by an average of 4.5 percent in 2017 from the prior year, the second - highest year - over-year increase since the study began in 2004 and nearly three times the overall rate of inflation.

Many large financial institutions around the world have been investing in blockchain over the past two years, in the hopes that it can help them slash costs and simplify some processes.

Over the last eight years, an influx of cheap imported panels has driven down the cost of solar projects by 85 percent, according to Lazard, a financial advisory company.

«We have a clear set of actions underway to improve profitability through a combination of comp and beverage growth and savings across (cost of goods sold), waste and labor as we move through the back half of the year,» Chief Financial Officer Scott Maw said in a statement.

The customer would pay back SolarCity and its financial partners over the course of a 20 - year lease, ideally at a monthly cost that would be lower than their traditional utility bill.

Under the DBSP, conditional awards or nil - cost options, or the DBSP Awards, may only be granted to participants who have earned a bonus, pursuant to our annual bonus plan, for the financial year immediately preceding the financial year in which the grant date occurs.

Your financial goal should be enough to cover your cost of living, preferably through your retirement years, and leave a financial legacy for your heirs.

The financial cost of mining isn't small either — globally, it comes to around $ 1.6 billion per year.

So, in order to earn 6 % for clients after inflation, fees and taxes, these financial planners will somehow have to pick investments that generate 11 % or 13 % a year before costs.

In his speech to the Committee for the Republic in Washington D.C. on January 16, 2013, Richard Fisher of the Dallas Fed said: «The next financial crisis could cost more than two years of economic output, borne by millions of U.S. taxpayers.

That's one estimate of the cost of the financial meltdown that started 10 years ago with HSBC's $ 1.8 bln subprime mortgage loss.

To determine the financial costs associated with renting versus buying in 2017, Trulia's analysts assumed that people stay in their homes for seven years and can afford to put 20 % down on a 30 - year fixed - rate mortgage loan.

Saddled with more than $ 4 billion in debt and cumulative financial losses of about $ 1.7 billion since 2011, the airline has been increasingly squeezed in recent years by competition from nimbler, low - cost rivals in the region, including AirAsia, founded by the Malaysian billionaire Tony Fernandes.

First Solar initially disclosed the manufacturing defect and significant additional costs related to curing the defect and, over the next year, the company disclosed consistently disappointing earnings and financial results, additional expenses related to curing the product defects, and the departure of the company's CEO.

The Enrollment Program also authorizes a superior court to have jurisdiction over enrollees by allowing it to «appoint a receiver, monitor, conservator, or other designated fiduciary or officer of the court for a defendant or the defendant's assets,» as well as authorizes the Commissioner of Business Oversight to «include in civil actions claims for ancillary relief, including restitution and disgorgement, on behalf of a person injured, as well as attorney's fees and costs, and civil penalties of up to $ 25,000» for up to four years after the purported violation occurred and «refer evidence regarding violations of the bill's provisions to the Attorney General, the Financial Crimes Enforcement Network of the United States Department of the Treasury, or the district attorney of the county in which the violation occurred, who would be authorized, with or without this type of a reference, to institute appropriate proceedings.»

The common assumption is that some savings, in addition to Social Security and a less expensive lifestyle (no more kids in the house, no more commuting costs) will all add up to financial security in our sunset years.