The annual meeting of Fifth Third shareholders took place on April 15, 2008. Kevin Kabat, the President and CEO, discussed the difficult economic environment characterized by a weak housing market, rising unemployment and declining consumer spending. Fifth Third has taken steps to mitigate credit risks, including tightening underwriting standards. Despite challenges, Fifth Third has comparatively outperformed peers in areas such as loan growth, fee income growth and efficiency. Kabat emphasized Fifth Third's operating strengths, including its integrated business model and focus on customer satisfaction, and outlined its commitment to building a better future.
The document discusses a forecast for the economic recovery of the Inland Empire region of California presented by Dr. John Husing. Some key points:
1) Housing affordability in the region is at an all-time high due to declining home prices, though this is largely the result of economic struggles rather than new high-paying jobs.
2) Unemployment in the Inland Empire remains high at 15.1%, second only to Detroit, though recent housing sales data shows demand remains healthy with multiple bids on well-priced homes.
3) A potential "shadow inventory" of foreclosed homes could further pressure home prices if banks release properties all at once, though the author believes demand
Presentation by Christine M. Todd, CEO of NVAR, at the 5th Annual Appraisal Summit on June 16, 2010. This event took place at the NVAR Herndon Service Center
The document discusses housing market trends in Southwest California based on January 2011 real estate data. It notes that January sales were lower than the previous year in most cities in the region. Median home prices remained relatively stable compared to previous years. Foreclosure activity and housing inventory levels increased. The unemployment rate declined nationally but many people stopped looking for work and were removed from the unemployment rolls. The outlook for the housing market recovery remains uncertain given high unemployment levels.
The document provides an economic and housing market outlook presentation by Lawrence Yun, Chief Economist for the National Association of Realtors. It summarizes recent trends in pending home sales, first-time buyers, distressed home sales, and home prices. It then discusses the impact of the homebuyer tax credit and forecasts job growth, household formation, and mortgage rates will impact the housing market recovery in 2010. Risks to the recovery include a future housing shortage and lingering effects of past lending mistakes.
Morgan Stanley Global Consumer & Retail Conferencefinance7
This document contains the presentation slides from Morgan Stanley's Global Consumer & Retail Conference on November 14, 2007. The slides discuss Best Buy's history of growth, fiscal year 2007 results, revenue mix and growth, expanding Geek Squad's services, services strategy, adapting to serve customers through research and online capabilities, and how technology has become life's infrastructure. The presentation aims to showcase Best Buy's focus on the customer experience and building trust through services.
The document summarizes TriMet's projected budget shortfalls and need to reduce service levels due to rising costs and stagnant revenues. It shows growing deficits from $19 million in 2017 to $200 million by 2030 if nothing changes. Without action, service cuts of 34% by 2020 and 70% by 2025 would be required. Healthcare costs are a major driver, increasing from 12% to an unsustainable 28% of payroll tax revenues, and projected to exceed 42% within five years. The current offer aims to delay cuts by reducing these cost increases.
The annual meeting of Fifth Third shareholders took place on April 15, 2008. Kevin Kabat, the President and CEO, discussed the difficult economic environment characterized by a weak housing market, rising unemployment and declining consumer spending. Fifth Third has taken steps to mitigate credit risks, including tightening underwriting standards. Despite challenges, Fifth Third has comparatively outperformed peers in areas such as loan growth, fee income growth and efficiency. Kabat emphasized Fifth Third's operating strengths, including its integrated business model and focus on customer satisfaction, and outlined its commitment to building a better future.
The document discusses a forecast for the economic recovery of the Inland Empire region of California presented by Dr. John Husing. Some key points:
1) Housing affordability in the region is at an all-time high due to declining home prices, though this is largely the result of economic struggles rather than new high-paying jobs.
2) Unemployment in the Inland Empire remains high at 15.1%, second only to Detroit, though recent housing sales data shows demand remains healthy with multiple bids on well-priced homes.
3) A potential "shadow inventory" of foreclosed homes could further pressure home prices if banks release properties all at once, though the author believes demand
Presentation by Christine M. Todd, CEO of NVAR, at the 5th Annual Appraisal Summit on June 16, 2010. This event took place at the NVAR Herndon Service Center
The document discusses housing market trends in Southwest California based on January 2011 real estate data. It notes that January sales were lower than the previous year in most cities in the region. Median home prices remained relatively stable compared to previous years. Foreclosure activity and housing inventory levels increased. The unemployment rate declined nationally but many people stopped looking for work and were removed from the unemployment rolls. The outlook for the housing market recovery remains uncertain given high unemployment levels.
The document provides an economic and housing market outlook presentation by Lawrence Yun, Chief Economist for the National Association of Realtors. It summarizes recent trends in pending home sales, first-time buyers, distressed home sales, and home prices. It then discusses the impact of the homebuyer tax credit and forecasts job growth, household formation, and mortgage rates will impact the housing market recovery in 2010. Risks to the recovery include a future housing shortage and lingering effects of past lending mistakes.
Morgan Stanley Global Consumer & Retail Conferencefinance7
This document contains the presentation slides from Morgan Stanley's Global Consumer & Retail Conference on November 14, 2007. The slides discuss Best Buy's history of growth, fiscal year 2007 results, revenue mix and growth, expanding Geek Squad's services, services strategy, adapting to serve customers through research and online capabilities, and how technology has become life's infrastructure. The presentation aims to showcase Best Buy's focus on the customer experience and building trust through services.
The document summarizes TriMet's projected budget shortfalls and need to reduce service levels due to rising costs and stagnant revenues. It shows growing deficits from $19 million in 2017 to $200 million by 2030 if nothing changes. Without action, service cuts of 34% by 2020 and 70% by 2025 would be required. Healthcare costs are a major driver, increasing from 12% to an unsustainable 28% of payroll tax revenues, and projected to exceed 42% within five years. The current offer aims to delay cuts by reducing these cost increases.
The document analyzes freight costs and identifies store direct shipments as a major factor. Specifically, store direct shipments of non-toy items like optical drives significantly increase freight costs due to their high average sales price compared to toy items. Actions are recommended to stop shipping non-toy items store direct, ship toy items in 10-packs to lower costs, and change the metric for toy item freight out from a percentage of revenue to a cost per unit.
The document discusses the state of the U.S. economy and small business credit environment. It provides data and charts on topics such as the federal budget deficit, GDP growth, employment, inflation, housing market, and small business sentiment. The economy is showing some signs of recovery but growth remains weak, unemployment is high, and small businesses continue to struggle with access to credit.
The document summarizes key findings from the Civil Society Almanac 2010 regarding trends in UK voluntary sector funding and resources during and after the 2008 financial crisis and recession. It finds that [1] while the voluntary sector continued growing in organizations and income, the rate of expenditure growth slowed as fundraising became more difficult; [2] statutory funding remains the largest income source, particularly for large organizations, while smaller groups rely more on donations and earned income; and [3] resources remain heavily concentrated among the largest few organizations, though concentration does not appear to be worsening over time.
Hospitality Lawyer with pearls from NYU - Bjorn Hanson & Economists 6 2 08Jim Butler
Hotel Lawyer in NY. We cover many topics at wwwHotelLawBlog.com, but ne of the things that has fascinated me about the hospitality industry for more than 20 years now, is the close -- almost intimate -- relationship of industry performance to the U.S. economy's performance. Some might say this is intuitive, that when the economy does well, all business does well. But that is not always true. There are some businesses which do better in hard times, like discount and bargain stores, and there are some that seem impervious, like ultra luxury goods. However the relationship of the lodging industry's performance to the general economy, has been carefully documented by the experts, and it is worth noting. The implications are interesting.
Here is the presentation made at the NYU Hotel Investment Conference on June 2, 2008, along with his other panelists about the current state of our domestic and global economy, along with implications for the hospitality industry.
The document provides an overview of housing and labor market trends, with a focus on national trends and trends specific to Nevada. It summarizes that while the national unemployment rate dipped below 9%, recovery in the labor market remains elusive. The Case-Shiller and FHFA home price indices show continued softness in the national housing market. Nationally, mortgage delinquencies dropped in 2010 but over 4.5 million homes remain in distress. Modifications under HAMP decreased and obtaining permanent modifications remains challenging for borrowers. Many states face severe budget shortfalls. In Nevada, the unemployment rate fell below 14% but remains the highest in the country, and house prices are falling to 2003 levels.
This document discusses the strategy and performance of ICICI Group. It outlines opportunities in the growing Indian economy driven by factors like rising incomes and consumption. ICICI's strategy is to enhance its leadership in domestic retail banking while leveraging its corporate relationships and global capabilities in investment banking. It aims to capitalize on opportunities in insurance, asset management, and international banking to serve the Indian diaspora. Key subsidiaries and recent financial highlights are also mentioned.
The Economy and Financial Markets: Crawling Out of Recession - David Wyss, Br...IFG Network marcus evans
David Wyss, Brown University/Standard & Poor - Speaker at the 2012 IFG Wealth Management Forum, delivered his presentation entitled The Economy and Financial Markets: Crawling Out of Recession
The document provides an overview of Banco Santander's 2009 IFRS results on a pro forma basis. It discusses the macroeconomic environment in Brazil and the country's financial system. It then summarizes Santander's strategy, business performance, and financial results in 2009. Key highlights include net profit growth of 41% year-over-year to R$5.5 billion driven by revenue growth and cost control. Performance ratios like efficiency and ROE improved significantly. The balance sheet also strengthened with higher capital ratios.
The document summarizes an analyst day presentation for Cummins' Components Segment. It includes an agenda for the day's presentations and discussions on the company's turbo technologies, fuel systems, filtration, and emission solutions business units. It provides overviews of each business unit, highlighting their technology leadership, growth opportunities in emerging markets and through new products, and prospects for improving financial performance and earnings growth.
Join IFAD and the Global Donor Platform for the launch of the report: The strategic role of the private sector in agriculture and rural development. Jonathan Mitchell (ODI), lead author of Platform Knowledge Piece 3 will be joined in his presentation via video by the authors of the Tanzania, Thailand and Vietnam country studies: Frédéric Kilcher, Wyn Ellis and Pham Thai Hung. A Question and Answer session will follow each discussion point.
Why has multifamily investment been so hot, especially in D.C.? What are some of the underlying economic and demographic fundamentals driving the multifamily market?
Suzano's 2Q11 results were impacted by maintenance downtimes, higher operational costs, and appreciation of the Brazilian real against the US dollar. Pulp and paper sales volumes were flat or increased compared to the previous quarter. Cash production costs increased due to higher wood, chemical and fixed costs. EBITDA and net income declined compared to the previous quarter and the prior year period, while EBITDA margins decreased. The company continues to focus on increasing productivity and efficiency to offset cost pressures.
Ted Simpson presented on the state of commercial real estate markets in Los Angeles County. Key points included:
1) The industrial market has seen a big bounce back in 2010 with rising profits and job growth, though vacancies remain elevated.
2) The retail market saw rental rates stabilize in 2010 but vacancies remained high. Sales prices per square foot have fallen since their 2007 peak.
3) The office market saw record high vacancies in 2009 and negative absorption for nine consecutive quarters, though construction completions halted which will help limit further rising vacancies.
4) Overall the commercial real estate markets are recovering but vacancies remain well above historic averages and sustained job growth is needed for a full recovery.
The document discusses a decline in private residential investment and subprime/Alt-A mortgages over the past few years which has negatively impacted the housing market. It then outlines Home Depot's strategic focus on increasing returns through disciplined capital allocation, investing in existing assets like employee training and supply chain improvements, and building sustained competitive advantages. Home Depot expects another difficult year in 2008 but believes these strategic initiatives position it for stronger future growth once market conditions normalize.
Abstract – National City's [Fig. 1] corporate histories date to the mid-19th century, when National City was founded as the City Bank of Cleveland in 1845. The bank received national charters under the National Banking Act, and was able to print U.S. currency until the United States Treasury assumed operations in the 1920s. The bank had strong bases in its home markets. However, in 2008, National City became a victim of the subprime mortgage crisis and was eventually taken over by PNC Financial Services on October, 2008. The deal received much controversy due to PNC using TARP funds to buy National City only hours after accepting the funds while National City itself was denied funds, as well as civic pride for the city of Cleveland, Ohio, where National City was based. Due to this merger, only combined financial reports of National City and PNC are available in the official website of National City Bank [https://www.nationalcity.com]. As such in this present report, analyses of these combined reports available from the web site of National City / PNC are analyzed, mainly from the financial health point of view of the bank. Various aspects (common size Balance sheet, ratio analysis) are done chapter wise collecting data mainly from bank’s annual reports. Sample calculations (ratio) are shown in details and remarks are made wherever required. At the end, conclusions are drawn in analyzing all aspects.
Performance evaluation of Eastern Bank Ltd.Maruf Ahmed
Eastern Bank Ltd's financial performance was analyzed using various ratios. Current, acid-test, ROE, ROA, profit margin, net interest margin, loan, EPS, P/E, debt-to-asset, and times interest earned ratios were calculated. Most ratios showed an improving trend over 2008-2010, indicating better management of assets and growing returns. However, the acid-test ratio remained low and needs improvement to ensure sufficient short-term liquidity. Overall, the analysis found that EBL's performance has strengthened in recent years.
This document provides an overview and analysis of the performance of Prime Bank Limited and Eastern Bank Limited from 2008-2013. It analyzes their liquidity, leverage, efficiency, profitability, market position, and risk factors. Ratios are calculated using financial statements to compare the two banks' performances. The document finds that while both banks improved over time, one bank consistently outperformed the other based on the financial analysis. Recommendations are provided to help banks further enhance their performance.
The document analyzes various financial ratios of First Security Islami Bank Ltd over a 5 year period from 2009-2013. Key findings from the ratio analysis include:
- Return on equity fluctuated over the period but was highest in 2009 and lowest in 2013. Liquidity and credit risk ratios also varied each year.
- Expense control efficiency decreased each year, indicating rising expenses. Tax management efficiency and funds management efficiency increased in some years.
- Capital adequacy ratios showed the bank was undercapitalized or adequately capitalized most years except 2010 when it was in a better position.
- Asset quality deteriorated in 2010 as substandard investments increased sharply that year before declining in subsequent years.
AN ASSAIGNMENT ON FINANCIAL RATIO ANALYSIS OF M.I. CEMENT FACTORY LIMITEDIwate University
Financial analysis is the selection, evaluation, and interpretation of financial data, along with other pertinent information, to assist in investment and financial decision-making.
In our study we will try to measure the risk and profitability of M.I. Cement Factory Limited by the financial ratio analysis.
M.I. cement factory was introduced on 11 December, 1994 under the Companies Act 1994 as a public Limited company. The plant, equipped with world famous O’Sepa Separator, initially went into operation with the daily production capacity of 600 metric tons in the year 2000 and marketed its product with the brand name Crown cement. From the very beginning, it has maintained an uncompromising policy of producing high quality cement. As a result, it has gained huge popularity in the market. Due to increase of demand, the company has set up its second unit with the production capacity of 800 metric tons per day in 2002 and third unit with capacity of 1400 tons per day in 2007.
Gradually with the increase of demand the management undertook further expansion program for 4th unit of the plant raising the total production capacity to 5800 metric tons per day. The 4th unit expansion would be completed within 2011.
In our study we have shown the statement of financial position, statement of comprehensive income, liquidity ratio, solvency ratio, profitability ratio and their analysis.
This document provides an overview of Eastern Bank Ltd's (EBL) performance evaluation. It discusses EBL's objectives, strategic priorities, technology upgrades, employee benefits, financial ratios analyzing profitability, and SWOT analysis. Key points include EBL achieving a return on equity of 17.3% in 2009, upgrading its ICT infrastructure, offering competitive employee benefits, and having strengths such as expanding its authorized capital while also facing threats from rival banks growing faster.
Citicorp is a diversified global financial institution that provides a broad range of financial products and services to consumers and corporate customers globally. It operates in over 100 countries with approximately 2,000 offices worldwide. Citicorp focuses on serving large corporates and multinationals, small and medium enterprises, and retail customers. It offers banking services, credit cards, loans, investments, insurance and other financial products. Citicorp follows a differentiation strategy with a focus on client service, global strength, and constant innovation. It has a long history dating back to 1812 and has expanded significantly over the decades through organic growth and acquisitions.
The document analyzes freight costs and identifies store direct shipments as a major factor. Specifically, store direct shipments of non-toy items like optical drives significantly increase freight costs due to their high average sales price compared to toy items. Actions are recommended to stop shipping non-toy items store direct, ship toy items in 10-packs to lower costs, and change the metric for toy item freight out from a percentage of revenue to a cost per unit.
The document discusses the state of the U.S. economy and small business credit environment. It provides data and charts on topics such as the federal budget deficit, GDP growth, employment, inflation, housing market, and small business sentiment. The economy is showing some signs of recovery but growth remains weak, unemployment is high, and small businesses continue to struggle with access to credit.
The document summarizes key findings from the Civil Society Almanac 2010 regarding trends in UK voluntary sector funding and resources during and after the 2008 financial crisis and recession. It finds that [1] while the voluntary sector continued growing in organizations and income, the rate of expenditure growth slowed as fundraising became more difficult; [2] statutory funding remains the largest income source, particularly for large organizations, while smaller groups rely more on donations and earned income; and [3] resources remain heavily concentrated among the largest few organizations, though concentration does not appear to be worsening over time.
Hospitality Lawyer with pearls from NYU - Bjorn Hanson & Economists 6 2 08Jim Butler
Hotel Lawyer in NY. We cover many topics at wwwHotelLawBlog.com, but ne of the things that has fascinated me about the hospitality industry for more than 20 years now, is the close -- almost intimate -- relationship of industry performance to the U.S. economy's performance. Some might say this is intuitive, that when the economy does well, all business does well. But that is not always true. There are some businesses which do better in hard times, like discount and bargain stores, and there are some that seem impervious, like ultra luxury goods. However the relationship of the lodging industry's performance to the general economy, has been carefully documented by the experts, and it is worth noting. The implications are interesting.
Here is the presentation made at the NYU Hotel Investment Conference on June 2, 2008, along with his other panelists about the current state of our domestic and global economy, along with implications for the hospitality industry.
The document provides an overview of housing and labor market trends, with a focus on national trends and trends specific to Nevada. It summarizes that while the national unemployment rate dipped below 9%, recovery in the labor market remains elusive. The Case-Shiller and FHFA home price indices show continued softness in the national housing market. Nationally, mortgage delinquencies dropped in 2010 but over 4.5 million homes remain in distress. Modifications under HAMP decreased and obtaining permanent modifications remains challenging for borrowers. Many states face severe budget shortfalls. In Nevada, the unemployment rate fell below 14% but remains the highest in the country, and house prices are falling to 2003 levels.
This document discusses the strategy and performance of ICICI Group. It outlines opportunities in the growing Indian economy driven by factors like rising incomes and consumption. ICICI's strategy is to enhance its leadership in domestic retail banking while leveraging its corporate relationships and global capabilities in investment banking. It aims to capitalize on opportunities in insurance, asset management, and international banking to serve the Indian diaspora. Key subsidiaries and recent financial highlights are also mentioned.
The Economy and Financial Markets: Crawling Out of Recession - David Wyss, Br...IFG Network marcus evans
David Wyss, Brown University/Standard & Poor - Speaker at the 2012 IFG Wealth Management Forum, delivered his presentation entitled The Economy and Financial Markets: Crawling Out of Recession
The document provides an overview of Banco Santander's 2009 IFRS results on a pro forma basis. It discusses the macroeconomic environment in Brazil and the country's financial system. It then summarizes Santander's strategy, business performance, and financial results in 2009. Key highlights include net profit growth of 41% year-over-year to R$5.5 billion driven by revenue growth and cost control. Performance ratios like efficiency and ROE improved significantly. The balance sheet also strengthened with higher capital ratios.
The document summarizes an analyst day presentation for Cummins' Components Segment. It includes an agenda for the day's presentations and discussions on the company's turbo technologies, fuel systems, filtration, and emission solutions business units. It provides overviews of each business unit, highlighting their technology leadership, growth opportunities in emerging markets and through new products, and prospects for improving financial performance and earnings growth.
Join IFAD and the Global Donor Platform for the launch of the report: The strategic role of the private sector in agriculture and rural development. Jonathan Mitchell (ODI), lead author of Platform Knowledge Piece 3 will be joined in his presentation via video by the authors of the Tanzania, Thailand and Vietnam country studies: Frédéric Kilcher, Wyn Ellis and Pham Thai Hung. A Question and Answer session will follow each discussion point.
Why has multifamily investment been so hot, especially in D.C.? What are some of the underlying economic and demographic fundamentals driving the multifamily market?
Suzano's 2Q11 results were impacted by maintenance downtimes, higher operational costs, and appreciation of the Brazilian real against the US dollar. Pulp and paper sales volumes were flat or increased compared to the previous quarter. Cash production costs increased due to higher wood, chemical and fixed costs. EBITDA and net income declined compared to the previous quarter and the prior year period, while EBITDA margins decreased. The company continues to focus on increasing productivity and efficiency to offset cost pressures.
Ted Simpson presented on the state of commercial real estate markets in Los Angeles County. Key points included:
1) The industrial market has seen a big bounce back in 2010 with rising profits and job growth, though vacancies remain elevated.
2) The retail market saw rental rates stabilize in 2010 but vacancies remained high. Sales prices per square foot have fallen since their 2007 peak.
3) The office market saw record high vacancies in 2009 and negative absorption for nine consecutive quarters, though construction completions halted which will help limit further rising vacancies.
4) Overall the commercial real estate markets are recovering but vacancies remain well above historic averages and sustained job growth is needed for a full recovery.
The document discusses a decline in private residential investment and subprime/Alt-A mortgages over the past few years which has negatively impacted the housing market. It then outlines Home Depot's strategic focus on increasing returns through disciplined capital allocation, investing in existing assets like employee training and supply chain improvements, and building sustained competitive advantages. Home Depot expects another difficult year in 2008 but believes these strategic initiatives position it for stronger future growth once market conditions normalize.
Abstract – National City's [Fig. 1] corporate histories date to the mid-19th century, when National City was founded as the City Bank of Cleveland in 1845. The bank received national charters under the National Banking Act, and was able to print U.S. currency until the United States Treasury assumed operations in the 1920s. The bank had strong bases in its home markets. However, in 2008, National City became a victim of the subprime mortgage crisis and was eventually taken over by PNC Financial Services on October, 2008. The deal received much controversy due to PNC using TARP funds to buy National City only hours after accepting the funds while National City itself was denied funds, as well as civic pride for the city of Cleveland, Ohio, where National City was based. Due to this merger, only combined financial reports of National City and PNC are available in the official website of National City Bank [https://www.nationalcity.com]. As such in this present report, analyses of these combined reports available from the web site of National City / PNC are analyzed, mainly from the financial health point of view of the bank. Various aspects (common size Balance sheet, ratio analysis) are done chapter wise collecting data mainly from bank’s annual reports. Sample calculations (ratio) are shown in details and remarks are made wherever required. At the end, conclusions are drawn in analyzing all aspects.
Performance evaluation of Eastern Bank Ltd.Maruf Ahmed
Eastern Bank Ltd's financial performance was analyzed using various ratios. Current, acid-test, ROE, ROA, profit margin, net interest margin, loan, EPS, P/E, debt-to-asset, and times interest earned ratios were calculated. Most ratios showed an improving trend over 2008-2010, indicating better management of assets and growing returns. However, the acid-test ratio remained low and needs improvement to ensure sufficient short-term liquidity. Overall, the analysis found that EBL's performance has strengthened in recent years.
This document provides an overview and analysis of the performance of Prime Bank Limited and Eastern Bank Limited from 2008-2013. It analyzes their liquidity, leverage, efficiency, profitability, market position, and risk factors. Ratios are calculated using financial statements to compare the two banks' performances. The document finds that while both banks improved over time, one bank consistently outperformed the other based on the financial analysis. Recommendations are provided to help banks further enhance their performance.
The document analyzes various financial ratios of First Security Islami Bank Ltd over a 5 year period from 2009-2013. Key findings from the ratio analysis include:
- Return on equity fluctuated over the period but was highest in 2009 and lowest in 2013. Liquidity and credit risk ratios also varied each year.
- Expense control efficiency decreased each year, indicating rising expenses. Tax management efficiency and funds management efficiency increased in some years.
- Capital adequacy ratios showed the bank was undercapitalized or adequately capitalized most years except 2010 when it was in a better position.
- Asset quality deteriorated in 2010 as substandard investments increased sharply that year before declining in subsequent years.
AN ASSAIGNMENT ON FINANCIAL RATIO ANALYSIS OF M.I. CEMENT FACTORY LIMITEDIwate University
Financial analysis is the selection, evaluation, and interpretation of financial data, along with other pertinent information, to assist in investment and financial decision-making.
In our study we will try to measure the risk and profitability of M.I. Cement Factory Limited by the financial ratio analysis.
M.I. cement factory was introduced on 11 December, 1994 under the Companies Act 1994 as a public Limited company. The plant, equipped with world famous O’Sepa Separator, initially went into operation with the daily production capacity of 600 metric tons in the year 2000 and marketed its product with the brand name Crown cement. From the very beginning, it has maintained an uncompromising policy of producing high quality cement. As a result, it has gained huge popularity in the market. Due to increase of demand, the company has set up its second unit with the production capacity of 800 metric tons per day in 2002 and third unit with capacity of 1400 tons per day in 2007.
Gradually with the increase of demand the management undertook further expansion program for 4th unit of the plant raising the total production capacity to 5800 metric tons per day. The 4th unit expansion would be completed within 2011.
In our study we have shown the statement of financial position, statement of comprehensive income, liquidity ratio, solvency ratio, profitability ratio and their analysis.
This document provides an overview of Eastern Bank Ltd's (EBL) performance evaluation. It discusses EBL's objectives, strategic priorities, technology upgrades, employee benefits, financial ratios analyzing profitability, and SWOT analysis. Key points include EBL achieving a return on equity of 17.3% in 2009, upgrading its ICT infrastructure, offering competitive employee benefits, and having strengths such as expanding its authorized capital while also facing threats from rival banks growing faster.
Citicorp is a diversified global financial institution that provides a broad range of financial products and services to consumers and corporate customers globally. It operates in over 100 countries with approximately 2,000 offices worldwide. Citicorp focuses on serving large corporates and multinationals, small and medium enterprises, and retail customers. It offers banking services, credit cards, loans, investments, insurance and other financial products. Citicorp follows a differentiation strategy with a focus on client service, global strength, and constant innovation. It has a long history dating back to 1812 and has expanded significantly over the decades through organic growth and acquisitions.
This document provides an overview of a project report on the financial statement analysis of three major banks in India - ICICI, Axis, and HDFC banks - from 2007-2008 to 2011-2012. It includes an introduction outlining the objectives, scope, research methodology, and limitations of the project. It also provides background context on the Indian economy, history of banking in India, and profiles of the three banks analyzed. The document outlines the various chapters that will be included in the full report, such as the accounting policies, tools for financial statement analysis, analysis and interpretation of financial data for the banks, and conclusions.
The document summarizes the Toronto real estate market according to Mercer in October 2012. It finds that while GDP and job growth are slow, household incomes are rising above inflation. Real estate sales in Toronto have not returned to pre-recession peaks due to increased land transfer taxes and tighter mortgage rules. However, home prices continue to rise significantly at 6-12% annually across all types, fueled by low housing supply. With fewer listings than normal, months of housing inventory remain low, supporting further home price increases.
The document summarizes the current state of the Canadian and Toronto real estate markets. It finds that while economic growth has slowed, job growth continues in Toronto. Interest rates have risen but are expected to increase only modestly in the future. Housing sales have declined from record highs but are forecast to rebound. Condo apartment sales and prices closely follow overall trends, with increased supply a potential risk to future price appreciation. Affordability remains sound, suggesting current price levels are justified.
The document summarizes the current state of the Canadian and Toronto real estate markets. It finds that while economic growth has slowed, job growth continues in Toronto. Interest rates have risen but are expected to increase at a slower pace than previously anticipated. Housing sales have declined from record highs but are forecasted to rebound. Condo apartment sales and prices closely follow overall market trends, with increased listings presenting a potential risk to future price appreciation. Affordability remains sound, keeping the average home price justified despite higher interest rates.
Real estate transactions in the Greater Toronto Area (GTA) totaled 6,266 in February 2011, down 14% from the record in February 2010 but 50% higher than February 2009. The average selling price was $454,423, over 5% higher than February 2010. While sales numbers were lower than the previous year's record, market conditions remain tight with continued competition between home buyers promoting further price growth.
Toronto Real Estate Statistics september 2011John Helfrich
The document summarizes real estate sales data for the Greater Toronto area in September 2011. It reports that home sales increased 25% compared to September 2010, with 7,658 transactions. For the first three quarters of 2011, sales increased 2.6% compared to the same period in 2010. The average selling price continued to grow by close to 10% year-over-year in September. Market conditions were tighter as annual growth in sales outpaced annual growth in new listings.
Toronto real estate statistics august 2011John Helfrich
Toronto Real Estate Market Statistics for August 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
In March 2011, there were 9,262 housing transactions through the TorontoMLS system, which was the second highest for March on record, though 11% lower than the record in March 2010. The average selling price in March 2011 was up 5% year-over-year to $456,147, with condominium apartments and semi-detached houses seeing the strongest growth of around 7%. While sales activity was high, market conditions were said to be tighter than the previous year with more competition between buyers.
Toronto real estate statistics October 2011John Helfrich
Toronto Real Estate Market Statistics for October 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
- 7,642 homes were sold in October 2011 through the TorontoMLS, a 17.5% increase from October 2010. The average selling price was $478,137, an 8% increase.
- The pace of home sales remained brisk in October with the annualized sales rate above 90,700, the average for the first three quarters of 2011. Sellers' market conditions remained in many parts of the GTA.
- Detached homes had the highest average price at $597,314, followed by semi-detached at $441,772, while condo apartments had the lowest average price at $341,571. All major home types saw year-over-year price increases between 6-
Toronto real estate statistics july 2011John Helfrich
Toronto Real Estate Market Statistics for July 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
The document summarizes the Toronto housing market outlook for 2010. It finds that low interest rates have stimulated housing demand and kept affordability stable. Housing sales are projected to remain strong in 2010, with condo sales making up an increasing share. New listings, particularly for condos, are expected to grow due to rising condo completions. The market is projected to be more balanced in 2010 with positive but moderate price growth. The condo rental market has also increased and average rents have declined. Overall, the leading economic indicators point to a continued recovery in 2010, though uncertainties remain around unemployment and inflation.
Toronto real estate statistics December 2011John Helfrich
Toronto Real Estate Market Statistics for December 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Toronto Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Economic and Real Estate Market Update from National Association of REALTORSBrian Block
Lawrence Yun, Chief Economist for the National Association of REALTORS gave this presentation at the REALTORS Mid-Year Meeting in Washington D.C. It provides and outlook for the economy and the real estate market.
The Knights of Columbus 2011 Investment Review provides information about their investment strategy and performance. They focus on investing in investment grade corporates and agencies across sectors as well as high quality mortgage securities. They avoid risky investments like junk bonds, derivatives, and structured products. Over 2011, their total assets grew to $18 billion with 87.5% in bonds, 2.1% in stocks, and the remainder in real estate and other assets. Their annualized returns over various periods exceeded their peers, with strong credit ratings reflecting their conservative approach.
This document summarizes a real estate market update and forecast seminar presented by Joshua Wilton of Weichert Realtors in Princeton, NJ in February 2013. The seminar reviewed historical housing market trends, the current state of the market, and forecasts for 2013. It analyzed inventory levels, sales, prices, affordability indexes, and other indicators to conclude that 2013 would be a better year for real estate than 2012 with modest price increases and rising sales due to low interest rates and improved affordability. Data on local and state housing permits and prices were also presented.
The document summarizes a webinar about advertising dollars in local media. It discusses trends showing ad spending shifting from traditional to digital media between 2010-2015. Charts show GDP and unemployment forecasts and the steady shift toward online/digital revenues, with traditional media declining about 1% annually and digital growing over 13% annually. Currently, traditional media dominates the local ad market, such as newspapers, radio, and television.
The document summarizes residential real estate sales data for the Greater Toronto Area in November 2011. Some key points:
- Total sales in November 2011 were 7,092, up 11% from November 2010. New listings increased 14% year-over-year.
- The average sale price in November was $480,421, an increase of 10% from November 2010.
- By home type, detached homes had the highest average price at $611,364, while condo apartments had the lowest at $338,251.
Toronto real estate statistics november 2011John Helfrich
Toronto Real Estate Market Statistics for November 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
TREB Housing Market Charts - September 2013Brent Reid
The document contains charts analyzing the Toronto housing market from September 2013. It includes charts showing monthly MLS sales, new listings, sales-to-new listings ratios, average home prices for the current and previous three years. It also includes time series charts showing trends in sales, new listings, average prices since 1995. Additionally, it charts the relationship between sales-to-new listings ratios and price changes. Finally, it shows the share of average household income needed for mortgage payments, property taxes and utilities on an average priced home in the GTA.
The document contains 8 charts analyzing the Toronto housing market from August 2013. The charts show:
1) Monthly MLS home sales for 2013 and the previous 3 years, showing seasonal trends.
2) Monthly new home listings for the same period.
3) The monthly sales-to-listings ratio, which influences price growth.
4) The average home price from 2010-2013.
5) Time series charts of sales, listings, and average price from 1995-2013 with trend lines.
6) A comparison of the sales ratio and average annual price change.
7) The estimated percentage of average household income needed for mortgage payments, taxes and utilities on an average priced home.
The document contains charts analyzing the Toronto housing market from July 2013. It includes charts showing monthly MLS sales, new listings, sales-to-new listings ratios, average home prices for the current and previous three years. There are also time series charts from 1995 showing trends in sales, new listings, average prices. A final chart shows the share of average household income used for mortgage payments, property taxes and utilities on an average priced home in the GTA.
TREB Housing Market Charts -- April 2013Brent Reid
This document contains charts analyzing the Toronto housing market from April 2013. It includes charts showing monthly MLS sales, new listings, the sales-to-new listings ratio, average home prices, and trends over time for these metrics from 2010-2013. Additional charts analyze how the sales-to-new listings ratio correlates with annual price changes and the share of average household income needed for mortgage payments, property taxes and utilities on an average priced home in the GTA.
Toronto Real Estate Board Housing Market Charts for March 2013Brent Reid
The document contains charts analyzing the Toronto housing market from 2010-2013. It shows trends in home sales, new listings, average prices, and the ratio of sales to new listings. The sales to new listings ratio correlates with annual price changes. Charts also show long-term trends and the affordability of homes relative to average household income.
The document contains charts analyzing the Toronto housing market from 2010-2013. It shows trends in home sales, new listings, average prices, and the ratio of sales to new listings. The sales to new listings ratio correlates with annual price changes. Charts also show long-term trends and the affordability of homes relative to average household income.
TREB Housing Market Charts February 2013Brent Reid
The document contains charts analyzing the Toronto housing market from February 2013. It shows trends in home sales, new listings, average prices, and sales-to-listing ratios over previous years. The charts indicate seasonal patterns and compare current monthly data to prior years. The document also examines long-term trends and the relationship between housing affordability and sales-to-listing ratios.
Toronto (TREB) Housing Market Charts January 2013Brent Reid
The document contains charts analyzing the Toronto housing market from January 2013. It shows trends in home sales, new listings, average prices, and sales to new listings ratios over previous years. The charts indicate seasonal patterns and compare current monthly data to prior years. The document aims to examine recurring trends and compare current housing market conditions to previous periods.
TREB Housing Market Charts December 2012Brent Reid
The document contains charts summarizing housing market trends in Toronto from 2009-2012, including monthly MLS sales, new listings, the sales-to-new listings ratio, and average home prices. It also includes longer-term time series analyses and examines the relationship between the sales-to-new listings ratio and changes in home prices. The final chart looks at housing affordability based on the share of average household income required for mortgage payments, property taxes and utilities.
TREB Housing Market Charts November 2012Brent Reid
The document contains charts analyzing the Toronto housing market from November 2012. It shows trends in home sales, new listings, average prices, and sales to new listings ratios over previous years. The charts indicate seasonal patterns and compare the current year to prior years. They also show 12-month moving averages to illustrate underlying trends. Relationships are presented between sales to new listings ratios and price changes. The final chart examines housing affordability based on average household income and costs.
down payment? If so, you will need
mortgage default insurance (also called
CMHC insurance or Genworth insurance).
Mortgage default insurance protects
lenders if a borrower defaults on their
mortgage. It allows buyers to purchase
a home with a down payment of less
than 20% of the purchase price. The
insurance is usually paid as a one-time
fee and is rolled into the total mortgage
amount.
The cost of mortgage default insurance
depends on factors like the size of your
down payment, purchase price of the
home and type of property. Generally,
the smaller your down payment, the
higher the insurance premium will be.
Ask your l
TREB Housing Market Charts for October 2012Brent Reid
The document contains charts summarizing housing market trends in Toronto from 2009-2012. It shows sales, new listings, sales to new listings ratio, and average home prices on a monthly basis over the four year period. Seasonal trends and year-over-year comparisons are examined. Additional charts show long-term trends in sales, new listings, and prices using moving averages to smooth fluctuations. Correlations between sales to new listings ratios and price changes are also presented. An affordability indicator compares income to costs of ownership for an average priced home.
TREB Housing Market Charts -- September 2012Brent Reid
The document contains charts summarizing housing market trends in Toronto from 2009-2012, including:
- Monthly MLS home sales, new listings, average prices, and the sales-to-new listings ratio.
- Trends are shown with previous year comparisons and moving averages to account for seasonality.
- Charts show the relationship between the sales-to-new listings ratio and average annual price changes.
- An affordability indicator shows the percentage of average household income required for mortgage payments, property taxes and utilities on an average priced home.
The document contains charts analyzing the Toronto housing market from August 2012. It shows trends in home sales, new listings, average prices, and sales-to-listing ratios from 2009-2012. Seasonal patterns and year-over-year comparisons are examined. Higher sales-to-listing ratios generally correlate with greater price growth. Affordability is also assessed based on income needed for a mortgage, taxes and utilities on an average-priced home.
TREB Housing Market Charts for July 2012Brent Reid
The document contains charts analyzing the Toronto housing market from July 2012. It shows trends in home sales, new listings, average prices, and sales to new listing ratios over previous years. The charts indicate seasonal patterns and compare current monthly data to prior years. The document aims to examine trends in the Toronto housing market.
The document contains charts analyzing the Toronto housing market from June 2012. It shows trends in home sales, new listings, average prices, and sales to new listings ratios from 2009 to 2012. The charts also compare monthly data to moving averages to identify trends. Higher sales to new listings ratios generally correspond to greater price growth. Affordability is addressed through a chart showing the percentage of average household income needed for mortgage payments, property taxes and utilities on an averaged priced home.
The document contains charts summarizing housing market trends in Toronto from 2009-2012. It shows data on home sales, new listings, average prices, and sales to listing ratios. Seasonal trends and year-over-year comparisons are examined. Higher sales to listing ratios generally correspond to greater price growth. One chart analyzes affordability based on average household income and costs of a average priced home.
TREB Housing Market Charts -- April 2012Brent Reid
The document contains charts analyzing the Toronto housing market from 2009-2012. It shows trends in home sales, new listings, average prices, and the ratio of sales to new listings. The sales to new listings ratio can indicate future price growth. Charts also show trends over time and the affordability of homes for average households based on income.
The document contains charts analyzing the Toronto housing market from 2009-2012. It shows trends in home sales, new listings, average prices, and the ratio of sales to new listings. The sales to new listings ratio can indicate future price growth. Charts also show trends over time and moving averages to smooth fluctuations. Affordability is addressed by showing the percentage of average household income needed for mortgage payments, property taxes and utilities on an averaged priced home.
1. TREB Market Update
Toronto Condo Network
Presented By: Jason Mercer, TREB Senior Manager of Market Analysis
April 15, 2011
2. Bank of Canada held the line on rates, but hikes are on the way
Outlook for the Bank of Canada's Target for the
Overnight Lending Rate
7% Bank of Canada Target for the Overnight Rate
6% 3-Month T-Bill
5% 3-Month T-Bill (Forward Rates)
4%
3%
2%
1%
0%
Source: Bank of Canada, Toronto Real Estate Board
Toronto Condo Network April 15, 2011
3. The five-year fixed mortgage rate will increase as well
Outlook for the Average Five-Year Fixed Mortgage Rate
10%
9%
8%
7%
6%
5% Still Room for Discounting
ING Direct (April 13/11)
4%
3% Five Year Fixed Rate Mortgage
2% Five Year Fixed Rate Mortgage Forecast
1% Five Year Government of Canada Bond
Five Year GoC Bond (Forward Rates)
0%
Source: Bank of Canada, Toronto Real Estate Board
Toronto Condo Network April 15, 2011
5. Incomes are rising in the GTA
Annual Growth Rate for Average Weekly Earnings
5%
4.7%
4%
4.4%
4.2%
3.6%
3%
3.5%
3.2%
3.0%
3.0%
2%
2.5%
0.8%
2.1%
1.6%
1.3%
1.5%
1%
0%
-1%
-1.0%
-2%
Source: Statistics Canada (Historic); TREB (Forecast)
Toronto Condo Network April 15, 2011
6. Affordability is a key indicator for the direction of price and sales
TREB Affordability Indicator
Share of Average Household Income Used for Mortgage Principal and Interest,
Property Taxes and Utilities on the Averaged Priced GTA Resale Home
55%
50%
45%
40%
35%
30%
25%
Source: Toronto Real Estate Board Data and Calculation; Statistics Canada
Toronto Condo Network April 15, 2011
7. TorontoMLS® sales forecast
TorontoMLS® Sales (Annual)
100,000
80,000
60,000
40,000
20,000
0
Source: Toronto Real Estate Board
Toronto Condo Network April 15, 2011
8. TorontoMLS® average selling price forecast
Average TorontoMLS® Selling Price
$500,000
$400,000
$300,000
$200,000
$100,000
$0
Source: Toronto Real Estate Board
Toronto Condo Network April 15, 2011
9. First Quarter 2011 Condo Apartment Statistics – All TREB Districts
Share of Total Condo Apartment Sales By TREB Area Condo Apartment Price by Bedroom Type (All Districts)
$400,000
Average Selling Price
$350,000
Median Selling Price
$300,000
1389
$250,000
Central TREB Districts
$200,000
2423 East TREB Districts
$150,000
North TREB Districts
$100,000
519 West TREB Districts
$50,000
$0
657 Bachelor One Bedroom Two Bedroom Three Total
Bedroom
Source: TREB Source: Toronto Real Estate Board
Share of Total Condo Apartment Sales By Bedroom Type Condo. Apartment Sales by Price Range
0-199,999
7%
200K-299,999
300K-399,999
Selling Price Range
400K-499,999
Bachelor 500K-599,999
One Bedroom 600K-699,999
42%
700K-799,999
49% Two Bedroom
800K-899,999
Three Bedroom 900K-999,999
1,000,000+
0 200 400 600 800 1000 1200 1400 1600 1800
Number of Sales
Source: TREB Source: TREB
Toronto Condo Network April 15, 2011
10. Share of condo apartment sales varied by district in the first quarter
Toronto Condo Network April 15, 2011
11. Average condo apartment prices varied by district in the first quarter
% Over/Under the Average TREB Condo Apartment Price
Toronto Condo Network April 15, 2011
12. Downtown Core – First Quarter Condominium Apartment Summary
Condo. Apartment Sales by Price Range (Downtown
Core)
0-199,999
200K-299,999
300K-399,999
Selling Price Range
400K-499,999
500K-599,999
600K-699,999
Downtown Core 700K-799,999
800K-899,999
900K-999,999
1,000,000+
0 200 400 600 800
Number of Sales
Source: TREB
Price By Bedroom Type (Downtown Core) Condo Sales By Bedroom Type (Downtown Core )
$1,200,000
Average Selling Price Bachelor 84
$1,000,000 Median Selling Price
One Bedroom 375
$800,000
One Bedroom + 388
$600,000
Two Bedroom 279
$400,000
Two Bedroom + 140
$200,000
Three Bedroom 9
$0
Bach. 1 Bd 1 Bd + 2 Bd 2 Bd + 3 Bd + Total 0 100 200 300 400 500
Source: TREB Source: TREB
Toronto Condo Network April 15, 2011
13. North York City Centre – First Quarter Condominium Apartment Summary
Condo. Apartment Sales by Price Range (North York City
Centre)
0-199,999
200K-299,999
300K-399,999
Selling Price Range
400K-499,999
500K-599,999
North York City 600K-699,999
700K-799,999
Centre 800K-899,999
900K-999,999
1,000,000+
0 100 200 300
Number of Sales
Source: TREB
Price By Bedroom Type (North York City Centre) Condo Sales By Bedroom Type (North York City Centre)
$500,000
Average Selling Price Bachelor 1
$450,000
$400,000 Median Selling Price
One Bedroom 111
$350,000
$300,000 One Bedroom + 116
$250,000
$200,000 Two Bedroom 162
$150,000
Two Bedroom + 98
$100,000
$50,000 Three Bedroom 35
$0
Bach. 1 Bd 1 Bd + 2 Bd 2 Bd + 3 Bd + Total 0 50 100 150 200
Source: TREB Source: TREB
Toronto Condo Network April 15, 2011
14. Mississauga City Centre – First Quarter Condominium Apartment Summary
Condo. Apartment Sales by Price Range (Mississauga
City Centre)
0-199,999
200K-299,999
300K-399,999
Selling Price Range
400K-499,999
Mississauga 500K-599,999
City Centre 600K-699,999
700K-799,999
800K-899,999
900K-999,999
1,000,000+
0 100 200 300
Number of Sales
Source: TREB
Price By Bedroom Type (Mississauga City Centre) Condo Sales By Bedroom Type (Mississauga City Centre)
$300,000
Average Selling Price Bachelor 0
$250,000 Median Selling Price
One Bedroom 47
$200,000
One Bedroom + 96
$150,000
Two Bedroom 104
$100,000
Two Bedroom + 104
$50,000
Three Bedroom 21
$0
Bach. 1 Bd 1 Bd + 2 Bd 2 Bd + 3 Bd + Total 0 20 40 60 80 100 120
Source: TREB Source: TREB
Toronto Condo Network April 15, 2011
15. Rental Market
Number of Units Listed Increases in Rental Listings and Transactions
3rd Trimester 2010 vs. 3rd Trimester 2009
3,500 • Following the trend for condominium apartment completions in the
2010 2009
last four months of 2010, the number of rental units listed on the
3,000
TorontoMLS® system increased.
2,500
• While the number of rental units listed increased, so too did the
2,000
number of rental transactions, suggesting that there are a growing
1,500 number of households looking to rent condominium apartments.
1,000 • Average rents remained more or less flat compared to 2009.
500 Because demand kept up with supply, we did not see any
0 widespread downward pressure on rents.
Downtown Core North York City Centre Mississauga City Centre
Source: TREB
Number of Units Rented Average One-Bedroom Rents
3rd Trimester 2010 vs. 3rd Trimester 2009 3rd Trimester 2010 vs. 3rd Trimester 2009
2,000 $2,000
2010 2009 2010 2009
$1,600
1,500
$1,200
1,000
$800
500
$400
0 $0
Downtown Core North York City Centre Mississauga City Centre All TREB Downtown Core North York City Mississauga City
Centre Centre
Source: TREB Source: TREB
Toronto Condo Network April 15, 2011
16. Strong condo completions have resulted in a more balanced market
Condominium Apartment Sales-to-Active Listings Ratio and
Median Price Growth (All Areas)
70% Annual Median Price Change (Right Scale) 25%
Annual Median Price Growth
60% Sales-to-Active Listings Ratio (Left Scale) 20%
Sales-to-Active Listings ratio
50% 15%
40% 10%
30% 5%
20% 0%
10% -5%
0% -10%
Source: Toronto Real Estate Board
Toronto Condo Network April 15, 2011