The Arctic Essay Example For Students

The Arctic Essay The Artic is a region at the upper most tipof the Northern Hemisphere. The Artic includes the areaaround Greenland, USSR, Canada and Alaska. Much of theArtic circle is permanently frozen ice. The Artic is a pristineenvironment, clean and void of human interference. Howeveras humans move into these areas and begin to extract whatever they can be balance can be tipped, resulting in pollutionand destruction of the environment. Climate. The Articwinters much longer than the Summer. In the winter the sunnever rises and in the summer it never sets. The averagetemperature for the Artic is zero degrees of less. Industryand the Artic. There was once a time when the land of theArtic Circle was considered useless and only hospitable tothose native to it. However once vast quantities of oil andfish had been found there was a rush of interest in the land. We will write a custom essay on The Arctic specifically for you for only $16.38 $13.9/page Order now Fishing in the Artic has occurred for thousands of years butin recent years man has been fishing the Artic; in greaternumbers and taking more fish. Professional fishermen aretaking all kinds of fish as well as whales and seals. In someareas fishermen have become so efficient at their job thatquotas have needed to be put on to limit or stop the captureof certain animals. There are many mineral deposits withinthe Artic Circle. In Russia: nickel, iron ore, apatite,diamonds, gold, tin, coal, mica, and tungsten. In Sweden:iron ore. In Greenland: lead, zinc, molybdenum and cryolite. Spitsbergen: coal. Canada: uranium, copper, nickel, lead,zinc, tungsten and iron ore. The digging out of mineralswould inevitably disturb the natural habitat as well as theenvironment there would be a great cost to maintain the site. Industry that is designed to process various minerals havewaste products that would be most unwelcome in the Artic. A good example of this is the pollution that has arisen as aresult of the smelting of metals in the Artic. It is for thisreason that there is very little industry in the Artic. HoweverRussia, Canada, Greenland and Iceland have several smallscale manufacturing plants. The largest industry in the Artic isoil. The rush began in 1968 when a large oil field wasdiscovered, there was a great deal of protest but thedevelopment went ahead. Oil extracted from the felid makesits way to Port Valdez via a 1300 kilometre pipeline. Although steps were taken to limit the pipelines affect on theenvironment it still disrupts the migration of caribou. In 1989the unthinkable happened and the super tanker ExxonValdez ran aground spilling millions of gallons of crude oilinto the Prince William Sound. The effects of the slick weredevastating. Within a week workers counted 24000 deadsea birds and 1000 sea otters. The effects of the slick werefelt throughout the food chain from photoplankton to bears. The Exxon company funded the clean up but there was nocompensation for the hundreds of people that lost their jobas a result of the slick. Pollution of the Artic A large threat tothe Artic is transboundry pollution and bioaccumulation. These are both complex subjects but are easily explained. Transboundry pollution is the pollution of the Artic fromother countries. The ocean currents and wind conditionsresult in large amounts of pollution being deposited in theArtic. In winter when the sun is low thick blankets of hazecan be seen over the Artic. Bioaccumulation is the processwhere pollutants build up in the Artic because they cannot bebroken down due to the extreme cold. Once harshchemicals find their way into the food chain they stay thereforever, trapped in the animals and sediments. A result ofincreased pollutants in the atmosphere is the occurrence ofacid rain. Sulphur and Nitrogen dioxides drift fromdeveloped countries and when they mix with water in theatmosphere they can produce acid rain as strong as lemonjuice. The acid snow melts in summer and spring producingan acid shock that can kill animals and plants alike. In 1986the nuclear reactor in Chernoybl exploded sending a nuclearcloud into the atmosphere that among other placescontaminated plants and animals in th e Artic region. .ucfc402c888bd6dbdfd8a68ff711101d6 , .ucfc402c888bd6dbdfd8a68ff711101d6 .postImageUrl , .ucfc402c888bd6dbdfd8a68ff711101d6 .centered-text-area { min-height: 80px; position: relative; } .ucfc402c888bd6dbdfd8a68ff711101d6 , .ucfc402c888bd6dbdfd8a68ff711101d6:hover , .ucfc402c888bd6dbdfd8a68ff711101d6:visited , .ucfc402c888bd6dbdfd8a68ff711101d6:active { border:0!important; } .ucfc402c888bd6dbdfd8a68ff711101d6 .clearfix:after { content: ""; display: table; clear: both; } .ucfc402c888bd6dbdfd8a68ff711101d6 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ucfc402c888bd6dbdfd8a68ff711101d6:active , .ucfc402c888bd6dbdfd8a68ff711101d6:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ucfc402c888bd6dbdfd8a68ff711101d6 .centered-text-area { width: 100%; position: relative ; } .ucfc402c888bd6dbdfd8a68ff711101d6 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ucfc402c888bd6dbdfd8a68ff711101d6 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ucfc402c888bd6dbdfd8a68ff711101d6 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ucfc402c888bd6dbdfd8a68ff711101d6:hover .ctaButton { background-color: #34495E!important; } .ucfc402c888bd6dbdfd8a68ff711101d6 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ucfc402c888bd6dbdfd8a68ff711101d6 .ucfc402c888bd6dbdfd8a68ff711101d6-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ucfc402c888bd6dbdfd8a68ff711101d6:after { content: ""; display: block; clear: both; } READ: The ecological self EssayParticularly affected were lichens, lichens are a plant thatmakes up the majority of a reindeers diet. When thereindeers ate the lichens they became radioactive and manythousands had to be shot. Tourism vs conservation. In thebattle between tourism and conservation, tourism seems toalways win. However in the Artic tourism has so far had littleeffect (compared to other human

The Factors that Contribute to the Effective Use of iPads with PMLD Pupils. The WritePass Journal

The Factors that Contribute to the Effective Use of iPads with PMLD Pupils. Description The Factors that Contribute to the Effective Use of iPads with PMLD Pupils. ): Develop research questions. Phase 2 (August 2012): Conducted critical review of relevant literature. Phase 3 (September 2012): Conduct classroom observation. Disseminate questionnaire to second school. Phase 4 (October 2012): Conduct semi-structured interviews with teachers. Phase 5 (November – December 2012): Data collation and analysis Phase 6 (Early 2013): Review, question and action. Disseminate research findings to interested parties. There will be several issues with this study and the implementation of these teaching methods. For instance it is important to individually assess the needs and strengths of each pupil in order to provide them with a personalised experience which meets their needs (Handy, 2000). If the technology is used without first assessing the needs of the pupil then it may be of little benefit, and it is important that the teachers understand the aims and logic behind these teaching methods so they can implement them correctly and assess any development and success (Florian and Hegarty, 2004). These potential issues will be factored in to all research. Rationale Despite the rapid advances in the field of special education over the last few decades children with PMLD have continued to present a challenge to teachers and teaching methods. In the 1980s teachers developed the intensive interaction methods of trying to improve the communication skills of those with disabilities and learning difficulties, which has proven to be effective in some cases. (Lovell, 1998). The use of iPads build on these methods by providing an interactive experience which will engage the pupils. If this is successful the Apple iPad can provide a one-to-one learning experience while minimising the number of carers required, promoting a more productive teaching method (Davis and Florian, 2004). This could go a long way to revolutionising how those with disabilities and learning difficulties are taught and could not only improve the educational system but also the individual lives of those affected. Technology is already implemented in some specialist schools as a tool for teaching. It is believed that Information Communication Technology can be used to support specialised needs in mainstream as well as specialist environments (Condie, Munro, Seagraves Kenesson, 2007). Ofsted have also reported that technology has been used effectively to overcome learning barriers (Ofsted 2005; 2004a) and a project to provide technology aids to pupils was well received by both parents and pupils alike (Wright et al., 2004). The personalised environment provided by educational technology will improve the pupils quality of life and take demand away from the education system. Literature Review I will lead my research by conducting a full and detailed literature review into the previous and current studies surrounding this topic. This will include analysis of Census data and Ofsted reports regarding PMLD children and the use of technology in classrooms. Existing reports and articles will also be reviewed to determine how successful studies have been so far. For instance several studies have been conducted into the importance of visual and interactive learning environments. A study by Sparrowhawk and Heald (2007) suggested that educational software should be colourful, interactive, accompanied by sound and provide the pupil with a challenge as well as constant feedback, in order to stimulate the mind and interest. Foyle (2012) supports this theory by stating that pupils are most motivated when supplied with sound, music and a reward system. Flo Longhorn and Penny Lacey also advocate a sensory approach to learning after working with PMLD pupils for over ten years. I expect my examination of the field to further support the theory that iPads will improve the learning of pupils with disabilities. Conclusion As pupils with Profound and Multiple Learning Difficulties have impairment in communication and cannot function in what would be considered a normal learning environment, steps must be taken to improve their learning experience. Studies have proven that support can be successfully provided through the implementation of technology in order to provide an individual experience based on the pupils needs. This gives the pupils a safe method of communicating with the world around them. The Apple iPad has the greatest potential to meet the requirements of PMLD pupils due to its interactive, portable and user-friendly nature. References Condie, R.,   Munro, B.,   Seagraves, L. Kenesson, S. (2007). The impact of ICT in schools – a landscape review. Becta. Davis, P. Florian, L. (2004). Teaching strategies and approaches for pupils with special educational needs: A scoping study. Department for Education and Skills. Available at education.gov.uk/complexneeds/modules/Module-1.1-Understanding-the-child-development-anddifficulties/All/downloads/m01p010c/II.teaching_strategies%20including_aspects _of_II.pdf. (Accessed 03.08 2012). Florian, L. Hegarty, J. (2004).  ICT and Special Educational Needs (Learning Teaching With ICT). 1st Edition. Open University Press. Foyle, A. (2012). Switched on to education. SEN Magazine Online, January 2012. Available at: senmagazine.co.uk/articles/378-switched-on-to-education-the-use-of-ict-in-sen.html (accessed 29.08.2012) Lacey, P. (2011) . Online Available at: senmagazine.co.uk/articles/396-designing-a-curriculum-for-pmld-a-profound-challenge.html (accessed 29.08.2012). Longhorn, F. (1998). A Sensory Curriculum for Very Special People. London: Souvenir Press Ltd. Lovell, D.M., Jones, R.S.P. and Ephraim, G. (1998) ‘The effect of Intensive Interaction on the sociability of a man with severe intellectual disabilities’, International Journal of Practical Approaches to Disability. Vol. 22, Nos 2/3, 3-9 Mills, G. E. (2006).  Action Research: A Guide for the Teacher Researcher (3rd Edition). Prentice Hall. Ofsted (2004a), Report: ICT in schools – the impact of government initiatives: School Portraits – Eggbuckland Community College. London: Ofsted Ofsted (2005,) Embedding ICT in schools – a dual evaluation exercise. London: Ofsted. Porter, Ouvry, Morgan, Downs, Interpreting the communication of people with profound and multiple learning difficulties, British Journal of Learning Disabilities, Volume 29, Issue 1, pages 12–16, March 2001 Reason, P. Bradbury, H., (2002). The SAGE Handbook of Action Research. Participative Inquiry and Practice. 1st Edition. London: Sage Sparrowhawk, A.   Heald, Y. (2007).  How to Use   ICT Effectively With Children With Special Educational Needs. Edition. Learning Development Aids. Waters-Adams, S. (2006). Action Research in Education. Faculty of Education Plymouth. Wright, J, Clarke, M, Donlan, C, Lister, C, Weatherly, H, Newton, C, Cherguit, J and Newton, E (2004). Evaluation of the Communication Aids Project (CAP). London. Available at: DfES. dfes.gov.uk/research/data/uploadfiles/RR580.pdf (accessed 14.08.2012).

Appositives and Possessives

Appositives and Possessives Appositives and Possessives Appositives and Possessives By Jacquelyn Landis Are you planning to go to a writers conference? Or is it a writers’ conference? Is the Saturday market in the town square a farmers market or a farmers’ market? This is a construction that often perplexes writers. The first instance in each example is an appositive: a noun phrase consisting of a plural noun that modifies another noun that follows it. The form with the apostrophe is a possessive, a noun that â€Å"owns† the noun that follows it. So if the conference is one that is organized for writers, it’s an appositive. But if it’s a conference organized by writers- one that belongs to them- it’s a possessive. Likewise, if it’s a market for farmers, the proper construction would be the appositive farmers; a market owned by the farmers would be the possessive farmers’. The trouble with such noun phrases is that they frequently are ambiguous. Lacking insider knowledge, you’re often left to guess whether it’s an appositive or a possessive. Furthermore, there are plenty of commonly accepted constructions that defy appropriate construction. Children’s Hospital is a case in point. Clearly, the children don’t own the hospital; it’s a hospital for children. But you’ll see the possessive apostrophe on just about every such hospital in the country. One in San Diego seems to be aware of the problem and has hedged its bet. Instead of an apostrophe in its logo, a blue kite with a tail occupies the apostrophe slot. You can choose to read it as an apostrophe or simply view it as a decoration. An example of an entity that got it right is Publishers Weekly. This is a publication for the publishing industry, not owned by it. The key is to do your best to determine possession (or not) and punctuate accordingly. So if it’s the boys football team, it’s an appositive. But if it’s the boys’ football uniforms, it’s a possessive. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:English Grammar 101: All You Need to Know7 Patterns of Sentence StructureWhat the heck are "learnings"?

Mars and Wrigley Essay Example | Topics and Well Written Essays - 500 words

Mars and Wrigley - Essay Example Barr, A. (n.d.) â€Å"Buffett gets closer to Mars through Wrigley deal† Available at (Accessed: June 9, 2010). 5 Thelwell, E. (April 28, 2008) â€Å"Mars snaps up Wrigley for $23bn with help from Buffett†. Available at (Accessed: June 9, 2010). 5 Mars and Wrigley had individually been playing in the food sector of United States until the former acquired the latter during the second half of 2008 in lieu of US$23 million. Since then, the merged company had been enjoying a significant part in the food market of USA, with an increased support from the investors. This favor has been reflected in the form of an appreciated P/E ratio of 27.8 for the company, compared to that of the market which is floating at 15. The relevance of this statistic is that investors are ready to pay 27.8 times the amount they expect to earn from Mars-Wrigley shares. In contrast, the average market statistic is 15 times the amount that investors are willing to pay for earning 1 unit. Clearly, the shares of the merged company have been selling at a market premium, which could easily be concluded as a consequence of a positive anticipation from the mass. There might be a few reasons behind such an optimistic approach though. Firstly, after acquisition, the position of the merged company rose to those of peers of high-end players like Cadbury and Nestle. In other words, Mars-Wrigley since 2008, started to be known as competitors for the two giants. Secondly, the merged company has expanded its productive capabilities and range of goods which it produces, since 2008. Previously, Cadbury had been the only player in the US food sector which had

Individual Critical Reflection on Event and Self Performance Essay

Individual Critical Reflection on Event and Self Performance - Essay Example The Dà ©jà   vu Charity Event was to focus on selling pre-loved second hand clothes donated by the community, to raise money to support the Hospice of St Francis. However, in the course of time, adding cakes sale to the event was found a viable addition to the event, since it would increase both event sponsorship and at the same time increase the amount of money that would be generated through the event. Thus, Tesco’s, Hatfield and friends and family donated the clothes and cakes that were sold during the event. Conducting research into similar models or events can help in determining whether an event is likely to be a success (Bowdin et al 2011). The Hospice of St Francis has nine ‘Love to Give’ charity shops, and thus adopting a similar ‘Love to Give’ charity shops’ model for raising money had a high likelihood of being successful. The event was conducted on Sunday 12th April 2015 at Shendish Manor Hotel, Hemel Hempstead between 10:00 and 1 2:00. The overall outcome of the program can be considered a success. We were able to organize and finally hold the event successfully. The tools that measure the success of an event come into two forms. First, there are the quantitative tools that measure the success of the event in terms of the number of attendants, how much money was contributed during the even t and how big the event was compared to similar events (Sumac, 2015). Secondly, the success of an event is measured in form of quantitative measures that cannot be expressed in numerical form, such the actual outcome of the event vis-à  -vis the targeted outcome is assessed. Thus, the success or failure of any project or event is assessed based on whether the core objectives of the event or project were successfully met (Nelson, 2006). The Dà ©jà   vu Charity Event had established two major objectives that it sought to accomplish, and the two objectives of the event were met.

The Bahai International Archives Building and Its Classical Style of Greek Architecture :: International Arachives Art Essays

The Baha'i International Archives Building and Its Classical Style of Greek Architecture The Baha'i International Archives Building, erected in 1957 on Mount Carmel in Haifa Israel, echoes the immortal classical style of Greek architecture. An admirer of Greek architecture, Shogi Effendi who was the Guardian of the Baha'i faith, chose this style to carry out the construction of the Archives building. This building replicates the general proportions of the famous Parthenon in Athens, Greece. The Archives building is a museum which holds the original writings of the Bab, Baha 'u' llah and Abdu' l Baha , as well as some of their clothes and belongings. Baha 'u' llah is the prophet founder of the Baha'i faith and the Manifestation of God for this day. The Baha'i faith originated in Iran in 1863 and is now the second most widespread religion after Christianity. The Bab is the Forerunner of the Baha'i faith. Abdu' l Baha is Baha 'u' llah's eldest son and his designated successor. The Archives building is surrounded by several of the Baha'i holy places. The most important of which are the Shrine of The Bab, and the Monument Gardens. The tombs of central figures in the Baha'i faith are found at the Monument Gardens. Mount Carmel is also th e location of the Baha'i world administrative institutions; The Seat of the Universal House of Justice, The International Library, Seat of The International Teaching Center, Center For The Study of The Sacred Texts, and many other present and future institutions of the Baha'i Administrative Order. In essence, the Baha'i Archives Building is a place of pilgrimage. The Parthenon, Shogi Effendi's main influence for building the Archives Buildings, was built in Athens, Greece, in 490 B.C.E. by Perikles. The Parthenon stood distinct among it's surroundings. In fact, it's the largest building on the Acropolis. Its grandeur has symbolic reference to its purpose as the temple to the goddess Athena. The Parthenon was surrounded by several buildings which a lso had religious significance for instance, the temple dedicated to Athena Nike (goddess of victory and war) and the Erechtheion which was another temple dedicated to several deities.

TCS FInancial Statement analysis

Major Sources of Revenue: a) Revenue from operations: accounts for 98% of the total revenue of the firm and consists of the revenues from the below categories Information technology and consultancy services: contributes 97% of the total revenue from operations Sale of equipment and software lilicenses contributes 3% of the total revenue from operations b) Other Income: accounts for approximately 2% of the total revenue of the firm and consists of the revenues from the below major categories Interest Income: Contributes to 81. 0% of the total revenue from other income 73% of the Interest income comes from Interest on Bank & Interest on long term Bonds & Debentures. 25% of the Interest income comes from Inter-Corporate deposits. Profit from Sale of mutual funds and other current Investments Contributes to 0. 57% of the total revenue from other income Major Expenses a) Employee benefit expenses: consumes 35. 78% of the total operations revenue and consists of the below categories Salari es and incentives: accounts for 87. 57% of the total employee benefits expense Contributions to Provident fund & pension [Superannuation/Gratuity etc.Staff welfare expenses. b)BOperations and other Expenses: consumes 32. 11% of the total operations revenue and consists of the below major categories Overseas business expenses: – accounts for 43. 4 % of the total Operations and other Expenses Services rendered y business associates and others: – accounts for 18. 42% of the total Operations and other Expenses hardware and material costs: Software, – accounts for 1 1 the total Operations and other Expenses (c) Tax expenses: consume 7. 27% of the total operations revenue (d) Dividend on equity shares and tax thereon for Fiscal 2014 accounts increased by 40% Year on Year (7058. 2 crscoresiscal 2014) Major Uses of funds: a) Cash And Bank Balances: accounts for 21. 51% of the total Non-Current Investments and Current assets. Company has increased the Cash and Bank balan ces significantly in fiscal 2014. Horizontal analysis on the Balance Sheet for Cash and Bank Balances shows a Year on Year growth of 113. 34% for fiscal 2014. b)BPurchase of Fixed Assets: The Company has been investing in infrastructure development across various locations in India to meet its growing business needs. Additions to the gross block in fiscal 2014 amounted to 2,284. 7 crscoresHorizontal analysis on the Balance Sheet for fixed assets shows a Year on Year growth of 28. 27% for fiscal 2014. c)CNon-Current Investments: Company has increased the Non-Current Investments significantly in fiscal 2014. Horizontal analysis on the Balance Sheet for Non-Current Investments shows Year on Year growth of 134. 97% for fiscal 2014. d)DLong Term Loans & Advances: accounts for 10. 85% of the total Non-Current Investments and Current assets. e)EShort-term loans and advances: accounts for 6. 2% of the total Non-Current Question 2: Perform a horizontal and vertical analysis on the Balance Sh eet and Profit and Loss Account and comment on any significant changes that you observe over the last 2 years. AnNASPlease refer the attached excel sheet for arriving at the below conclusions a) Profit & Loss statement: Significant observations on Horizontal analysis. Net Profit After tax for Fiscal 2014 shows a Year on Year growth of 37. 70%. Net Profit After tax nearly doubled when compared with Fiscal 2012. EPPEPSEarnings per Share) also show consistent growth in the last few Fiscal years.EPPEPShows a Year on Year increase by 37. 58% in Fiscal 2014 Finance Cost for Fiscal 2014 has decreased significantly by 20%. Tax for Fiscal 2014 has increased significantly by 51% Year on Year. Profit & Loss statement: Significant observations on Vertical analysis. Despite a significant increase in the Employee base we find that Employee Expenses s a % of revenue remained constant around 35% in the last few Fiscal years Total Expenses as a % of revenue remained constant around 70% in the last f ew Fiscal years Total Tax as percentage of revenue, increased from 6. 37% in fiscal 2013 to 7. 2% b) Balance Sheet: Significant observations on Horizontal analysis. Non- Current liabilities shows a Year on Year growth of ofof4. 64% in Fiscal 2014. Fixed assets shows a Year on Year growth of 28. 27% in Fiscal 2014 Current liabilities shows a Year on Year growth of 34. 33% in Fiscal 2014. Reserves and Surplus shows a Year on Year growth of 27. 76% in Fiscal 2014. Share Capital shows a Year on Year negative growth of 33. 76% in Fiscal 2014. Current assets shows a Year on Year growth of 36. 62% in Fiscal 2014. Long Term borrowings shows a Year on Year negative growth of 2. 4% in Fiscal 2014. Balance Sheet: Significant observations on Vertical analysis. Cash and bank balances as a % of the total Assets excluding fixed assets increased from 12. 97% Fiscal 2013 to 21. 51% Fiscal 2014. Non-Current Investments as a % of the total Assets excluding fixed assets has been increasing steadily in the last few Fiscals. Short-term loans and advances as a % of the total Assets excluding fixed assets eccreasedrom 10. 81% in Fiscal 2013 to 6. 42% in Fiscal 2014. Goodwill as a % of the total Assets excluding fixed assets decreased from 6. 86% in Fiscal 2013 to 3. 7% Fiscal 2014. Question 3: Scrutinize the Notes to Accounts and Statement on Significant Accounting Policies and check for any deviations in accounting policy over the last year with respect to major items. AnNASThere were no deviations with respect to significant accounting policies. However TCTTSdopted a new hedge accounting principle under the below category. a)AForeign currency forward, option and futures contracts: TCTTSnters into foreign currency forward, option and futures contracts to manage its exposure to exchange rate fluctuations, in accordance with its risk management policies.With effect from January 1, 2014, the Company has adopted hedge accounting principles in line with International Financial Reporting Standard 9 (referred to as IFFIRS), which align more closely with the Company's risk management policy. The change has resulted in a reduction of ‘ 4. 76 crscoresn profit before tax in fiscal 2014. Question 4: Examine the Statement of Cash Flows for the last 2 years and point out the following: ) Major sources and Uses of cash: Sources: -Operations: Cash generated from operations, post adjustments to profit before tax, has gone up from 16,436. 77 crscoresn fiscal 2013 to ‘ 21,795. 4 crscoresn fiscal 2014, registering a growth of 32. 60% over the previous fiscal. -Income from Interest InInterestn funds invested went up by 71. 22%, from 798. 80 crscoresn fiscal 2013 to 1367. 72 Uses: crscoresn fiscal 2014. During fiscal 2014, the significant uses of cash were Acquisition of French Company AlAlit. A. foFor52. 41 crscoresPayment of Dividend & dividend tax for 5,489. 54 CrScoresurchase of fixed assets Increase in inter-corporate deposits Investment in fixed deposit. Pay Taxes amounting to 7,043. 63 CrScoresover Working Capital expenditures (b) Were the cash flows from operations greater than or less than net income?Explain in detail the major reason for the differences in these 2 figures. For Fiscal 2014, by referring to the Consolidated financial statements we get the below fgfiguresNet Cash provided by from Operating activities = 14751. 41 CrScoreset Profit for the year = 19163. 87 crscoresnNASNet Cash provided by from operating activities is less the net income. Explanation: Working Capital fgfiguresnder the categories below are the major reasons for reducing the Net Cash value provided by from operating activities below the net income. ) Unbilled Revenue – (811. 60) CrScores) Trade Receivables – (4015. 80) CrScoresc) Was the firm able to generate enough cash from its operations to be able to pay for all its capital expenditures? For Fiscal 2014, by referring to the Consolidated financial statements we can arrive at the below table. Net Cash provided by/Used in Fiscal 2014 Fiscal 2013 Operating activities 14,751. 41 11,614. 96 Investing activities (9,667. 08) (6,085. 66) Financing activities 5,673. 24) (5,729. 48) Exchange difference on translation of foreign currency 21 5. 41 48. 5 Net (decrease)/increase in cash and cash equivalents after translation (373. 50) (152. 13) Purchase of fixed assets accounted for (3126. 15) CrScoresf the Net Cash of (9,667. 08) crscoressed in investing activities. From the above table we can clearly infer that the company generated enough cash from Operating activities to fund the capital expenditures on its own. (d) Did the cash flow from operations cover both the capital expenditures and payment of dividend, if any? AnNASDividend paid accounted for (5480. 7) CrScoresf the Net Cash of (5673. 24) crscoressed in financing activities.From the above table we can clearly infer that the company generated enough cash from Operating activities to fund both capital expenditures & payment of dividends on its own. (e) How did your firm invest its excess cash (if any)? Cash flow statement from Investing Activities indicate that the excess cash that remains after investing and financing is mamajoraintained in Short-term bank deposits. From the Cash Flow Statements we can see that Short Term deposits increased from 4911. 46 crscoresn Fiscal 2013 to 12948. 9 CrScoresn Fiscal 2014. This accounts for a significant growth of 163%. g)GAre there any other unusual / extraordinary items of cash inflow / outflow? AnNASCash outflow due to Taxes: Cash Flow Statements indicate a significant increase in Taxes for Tax for Fiscal 2014. Taxes have increased significantly by 46% Year on Year. By referring to Management Discussion & Analysis & Notes forming consolidated statements we can infer that company has paid (1) Additional tax of 2,129. 82 crscoresaid by TCTTStd on its higher income for the year and (2) 92. 00 crscoresf higher tax on dividend received y TCTTStd from its overseas subsi diaries.