Announcement of competition: The contracting authority intends to conclude a framework agreement on debt management, follow-up and counseling, whose purpose is to manage the principal's loan portfolio in a way that minimizes net interest costs
Earnings variations posted by these relatively minor elements of Old Republic's business stem from volatility inherent to the small scale of life and accident insurance operations, and net interest costs
pertaining to external and intra-system financing arrangements.
Net interest costs
of ` 284 crore and amortisation costs of ` 316 crore contributed to the drop in profit at Bharti Airtel, which also took a hit of ` 261 crore because of fluctuations in the foreign exchange rate and increased tax burden of ` 109 crore.
Empirical results comparing full and nondisclosure states suggest that debt issuers in full disclosure states save about 14 basis points on their net interest costs
, compared to issuers in nondisclosure states.
They are required to pay pounds 19m in net interest costs
, but that is dealt with comfortably by revenues (match-day revenue doubled to pounds 91m in 2006/07 alone) generated by the move to the Emirates Stadium.
Growing debt and net interest costs
are a result of persistent fiscal imbalances, which, if left unchecked, threaten to crowd out spending for other national priorities.
The Auditor-General has noted that this cash management strategy is providing a benefit to the State in reduced net interest costs
Net interest costs
for the 12-months ended March 31, 2008 and 2007 are equivalent to reported quarterly financing costs over those periods.
0 million), together with higher net interest costs
, resulted in lower net profit.
0 due to lower net interest costs
and decreased by 0.
0 million) due to the operational drivers discussed above and higher net interest costs
The second quarter 2008 and six months ended June 30, 2008 financial results were also favorably impacted by lower net interest costs
and higher pretax net equity investment income.