DOCSLIB.ORG

2009 Annual Report Our Mission

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2009 Annual Report Our Mission Combined Motor Holdings Limited 2009 Annual Report Our Mission CUSTOMERS To provide a total commitment to customer satisfaction in all aspects of business, and to ensure that our customers are treated fairly and equitably by a motivated, well-trained team of specialists. EMPLOYEES To provide a stable and challenging work environment in which employees are treated on an equal opportunity basis with open lines of communication, are encouraged to participate to the maximum of their ability and are rewarded commensurate with their achievement. SUPPLIERS To conduct our relationship in an ethical and supportive manner conducive to the achievement of mutual long-term profit and market share objectives. SHAREHOLDERS To produce a consistent, meaningful growth in earnings and dividends, commensurate with the risks involved, after making adequate provision for future expansion. In doing so, to become a valued, respected and committed contributor to the society in which we all coexist. CMH Annual Report 2009 Contents Heading at date Mission Statement (inside front cover) 2 Group Profile and Structure 3 Group Financial Highlights 4 Board of Directors 5 Group Ten-Year Statistical Review 5 Definitions 6 Group Ten-Year Financial Review 7 Value-Added Statement 8 Group Operations 13 Report of the Chairman 14 Report of the Chief Executive Officer 16 Corporate Governance 20 Report of the Audit Committee 21 Approval of the Financial Statements 22 Independent Auditor’s Report 23 Report of the Directors 24 Segment Information 26 Balance Sheets 27 Income Statements 28 Statements of Changes in Equity 29 Cash Flow Statements 30 Notes to the Annual Financial Statements 54 Subsidiaries 55 Directors’ Emoluments 56 Directors’ Shareholding 57 Analysis of Ordinary Shareholders 58 Stock Exchange Performance 58 Certification by the Company Secretary 59 Administration 59 Shareholders’ Diary 60 Notice of Meeting Form of Proxy (inserted) CMH Annual Report 2009 Group Profile and Structure RETAIL MOTOR DEALERSHIPS CAR HIRE VOLVO 100% JAGUAR 100% FIRST CAR RENTAL 100% SWEDOCAR Jaguar Umhlanga Johannesburg, Bloemfontein, Cape Town, Hatfield Jaguar Cape Town Port Elizabeth, Kimberley, Upington, Pretoria East, Umhlanga Rocks East London, Nelspruit, George, Durban, HONDA 100% AUTO NORDIC Richards Bay, Pietermaritzburg and Honda Hatfield Bryanston, Westrand Cape Town Airports, Durban, Cape Town Honda Menlyn central, Kempton Park, Sandton, FORD/MAZDA 100% Honda Pinetown Randburg, Pretoria, Lyndhurst, Richards KEMPSTER AUTO NISSAN DIESEL 100% Bay, Pietermaritzburg, Polokwane, Durban, Bluff, Umhlanga Rocks CMH COMMERCIAL Kimberley, Upington, Stellenbosch, STEYNS AUTO Westmead, Pietermaritzburg Rondebosch, Boksburg, Pinetown, Pretoria Emerald Casino (Vanderbijlpark), Industria, RAND AUTO LAND ROVER 100% Bloemfontein, Port Elizabeth, Jacobs, Randburg Land Rover Cape Town Menlyn, Umhlanga Ridge, Witbank, METRO AUTO Land Rover Pretoria Midrand, Mthatha Gezina Land Rover Umhlanga HATFIELD AUTO BMW/MINI MARINE AND LEISURE Hatfield CMH MARINE AND LEISURE 100% Menlyn Auto 100% CMH RECREATIONAL PRODUCTS NISSAN 100% Umhlanga Auto 75% Randburg DATCENTRE NISSAN Lyndhurst Auto 100% Durban, Pietermaritzburg WATERWORLD VOLKSWAGEN 100% Hillcrest, Pinetown Randburg, Cape Town Cape Town CMH NISSAN DISTRIBUTION AND Midrand PEUGEOT 100% Peugeot Menlyn FRANCHISING FIAT/ALFA ROMEO 100% BONERTS 85% Peugeot Cape Town CMH Umhlanga Rocks Johannesburg, Turffontein Peugeot Durban CMH Pietermaritzburg Peugeot Johannesburg South MANDARIN MOTORS 95% GENERAL MOTORS 100% Pretoria, Durban LAMBORGHINI 100% EAST RAND GM Bryanston, Cape Town NATIONAL WORKSHOP EQUIPMENT 70% Boksburg Durban WEST RAND GM INVESTMENT CARS 100% Constantia Bryanston, Cape Town ARMORMAX 100% UMHLANGA GM Bryanston BMW APPROVED REPAIR CENTRE Umhlanga Rocks Wynberg 100% FINANCIAL AND SUPPORT TOYOTA/LEXUS 100% Umhlanga Rocks 75% SERVICES CMH TOYOTA ALBERTON TREASURY 100% SUZUKI 100% Alberton WARRANTY 100% Pinetown CMH TOYOTA UMHLANGA CREDIT LIFE 100% Gateway VEHICLE INSURANCE 100% CMH TOYOTA MELROSE CMH FINANCE 100% Melrose Arch CMH INSURANCE 100% LEXUS GATEWAY CMH CARSHOP 100% Gateway CMH IT 100% 2 CMH Annual Report 2009 Group Financial Highlights 2009 2008 % Change Total assets (R’000) 1 968 287 2 247 845 (12) Net asset value per share (cents) 420 451 (7) Revenue (R’000) 6 581 641 8 811 995 (25) Operating profit (R’000) 46 378 212 237 (78) Net profit attributable to equity holders (R’000) 8 127 98 173 (92) Return on shareholders’ funds (%) 1,7 21,6 (92) Earnings per share (cents) 7,6 91,6 (92) Headline earnings per share (cents) 24,6 97,7 (75) Dividends per share (cents) 28,0 61,6 (55) Headline earnings per share (cents) Return on shareholders’ funds (%) 174,0 39,8 40,4 155,1 35,3 27,9 107,1 26,3 24,2 24,9 97,7 23,7 21,6 68,4 61,6 56,6 52,6 46,7 38,7 36,6 32,3 28,0 21,0 24,6 13,6 15,9 8,0 10,0 11,8 1,7 2000 200120022003 2004 2005 2006 2007 2008 2009 20002001 2002 2003 2004 2005 2006 2007 2008 2009 Dividends per share Headline earnings per share Net asset value per share (cents) Revenue per employee (R’000) 453 451 3 115 3 010 421 420 2 722 2 418 2 438 334 2 033 265 1 714 1 725 221 1 426 186 1 213 157 120 20002001 2002 2003 2004 2005 2006 2007 2008 2009 20002001 2002 2003 2004 2005 2006 2007 2008 2009 CMH Annual Report 2009 3 Board of Directors MALDWYN ZIMMERMAN Non-executive chairman Chairman of remuneration committee Age: 74 Appointed in 1976 JEBB McINTOSH VUSI KHANYILE CA (SA) BCom (Hons) Chief executive officer Non-executive Age: 63 Age: 58 Appointed in 1976 Appointed in 2007 STUART JACKSON JOHN EDWARDS BCom (Hons) (Tax Law), CA (SA) CA (SA) Financial director Independent, non-executive Age: 56 Chairman of audit committee Appointed in 1986 and member of remuneration committee Age: 73 Appointed in 2002 RAY NETHERCOTT ZEE CELE Franchise director for Ford, BCom, Postgrad Dip Tax Mazda, BMW, Peugeot, MAcc (Tax) Mini, Bonerts, Lamborghini and Independent, non-executive Investment Cars Member of audit committee Age: 59 Age: 56 Appointed in 2001 Appointed in 2007 MARK CONWAY CA (SA) LINDIWE GADD Franchise director for Nissan, MA Hons (Social Sciences) Fiat, Alfa, Honda, General Non-executive Motors, Nissan Diesel and Age: 38 Waterworld Appointed in 2007 Age: 53 Appointed in 2000 4 CMH Annual Report 2009 Group Ten-Year Statistical Review 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 BALANCE SHEET Interest-bearing debt to total assets (%) 0,3 0,3 0,4 0,2 0,2 0,4 1,7 1,7 2,6 2,9 Interest-bearing debt to total equity (%) 1,2 1,4 1,9 0,9 0,7 1,4 5,6 5,0 7,5 7,8 Current ratio (ratio) 1,3 1,3 1,3 1,3 1,4 1,4 1,4 1,4 1,4 1,4 Acid-test ratio (ratio) 0,4 0,4 0,4 0,3 0,5 0,5 0,5 0,6 0,5 0,6 Net asset value per share (cents) 420 451 421 453 334 265 221 186 157 120 Total assets per employee (R’000) 814 795 786 638 627 541 483 352 317 274 INCOME STATEMENT Weighted average number of shares in issue (‘000) 107 470 107 195 105 867 105 055 103 245 102 010 101 930 101 930 101 930 101 210 Headline earnings per share (cents) 24,6 97,7 174,0 155,1 107,1 68,4 56,6 46,7 38,7 32,3 Basic earnings per share (cents) 7,6 91,6 175,4 157,2 108,9 60,6 49,2 40,6 38,7 29,1 Dividends per share – traditional (cents) 28,0 61,6 52,6 36,6 21,0 15,9 13,6 11,8 10,0 8,0 – special (cents) – – 140,0––––––– Dividend cover – traditional (times) 0,9 1,6 3,3 4,2 5,1 4,3 4,2 4,0 3,9 4,1 Net interest cover (times) 1,4 4,7 10,6 19,9 57,6 15,8 8,7 6,1 15,9 n/a Number of employees 2 418 2 829 3 018 2 771 1 842 1 584 1 502 1 545 1 438 1 227 Revenue per employee (R’000) 2 722 3 115 3 010 2 438 2 418 2 033 1 725 1 714 1 426 1 213 Operating profit on average total equity (%) 9,9 45,4 73,2 61,2 51,6 40,5 42,4 44,1 43,7 40,7 Return on shareholders’ funds (%) 1,7 21,6 40,4 39,8 35,3 24,9 24,2 23,7 27,9 26,3 Definitions Acid-test ratio Current assets less inventory divided by total current liabilities including short-term loans. Basic earnings per share Net profit attributable to equity holders divided by the weighted average number of shares in issue. Current ratio Current assets divided by current liabilities including short-term loans. Dividend cover Headline earnings per share divided by dividends paid per share. Dividend yield Dividends paid divided by the year-end share price on the JSE Limited. Earnings yield Earnings per share divided by the year-end share price on the JSE Limited. Headline earnings Net profit attributable to equity holders after excluding the impact of goodwill assets impaired and profit/losses on disposal of investments, divided by the weighted average number of shares in issue. Net interest cover Operating profit before net finance costs divided by net finance costs. Net asset value per share Total equity divided by the number of shares in issue at balance sheet date. Return on Net profit attributable to equity holders of the Company divided by the average shareholders’ equity during shareholders’ funds the year. Revenue per employee Revenue divided by the number of employees in service at year-end.
Load more

Recommended publications
  • SEI INSTITUTIONAL INVESTMENTS TRUST Form N-Q Filed 2018-04-30
    SECURITIES AND EXCHANGE COMMISSION FORM N-Q Quarterly schedule of portfolio holdings of registered management investment company filed on Form N-Q Filing Date: 2018-04-30 | Period of Report: 2018-02-28 SEC Accession No. 0001193125-18-143877 (HTML Version on secdatabase.com) FILER SEI INSTITUTIONAL INVESTMENTS TRUST Mailing Address Business Address 1 FREEDOM VALLEY DRIVE 1 FREEDOM VALLEY DRIVE CIK:939934| IRS No.: 000000000 | State of Incorp.:MA | Fiscal Year End: 0531 OAK PA 19456 OAK PA 19456 Type: N-Q | Act: 40 | File No.: 811-07257 | Film No.: 18791560 610 676-3097 Copyright © 2018 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-07257 SEI Institutional Investments Trust (Exact name of registrant as specified in charter) SEI Investments One Freedom Valley Drive Oaks, PA 19456 (Address of principal executive offices) (Zip code) c/o CT Corporation 155 Federal St. Boston, MA 02110 (Name and address of agent for service) Registrants telephone number, including area code: 1-800-342-5734 Date of fiscal year end: May 31, 2018 Date of reporting period: February 28, 2018 Copyright © 2018 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Item 1. Schedule of Investments The registrants schedules as of the close of the reporting period, as set forth in §§ 210.12-12 through 210.12-14 of Regulation S- X [17 CFR §§ 210-12.12-12.14], are attached hereto.
    [Show full text]
  • Harvey R. Miller Stephen Karotkin Joseph H. Smolinsky WEIL
    PRESENTMENT DATE AND TIME: June 1, 2010 at 12:00 noon (Eastern Time) OBJECTION DEADLINE: June 1, 2010 at 11:30 a.m. (Eastern Time) Harvey R. Miller Stephen Karotkin Joseph H. Smolinsky WEIL, GOTSHAL & MANGES LLP 767 Fifth Avenue New York, New York 10153 Telephone: (212) 310-8000 Facsimile: (212) 310-8007 Attorneys for Debtors and Debtors in Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------------x : In re : Chapter 11 Case No. : MOTORS LIQUIDATION COMPANY, et al., : 09-50026 (REG) f/k/a General Motors Corp., et al. : : Debtors. : (Jointly Administered) : ---------------------------------------------------------------x NOTICE OF PRESENTMENT OF ORDER PURSUANT TO 11 U.S.C. § 327(a) AND FED. R. BANKR. P. 2014 AUTHORIZING THE RETENTION AND EMPLOYMENT OF PRICEWATERHOUSECOOPERS LLP AS SPECIAL ACCOUNTANTS AND TAX ADVISORS, FOR THE PERIOD JUNE 1, 2009 THROUGH JULY 9, 2009 PLEASE TAKE NOTICE that upon the annexed Application, dated May 18, 2010 (the “Application”), of Motors Liquidation Company (f/k/a General Motors Corporation), as debtor in possession, for an order pursuant to section 327(a) of title 11, United States Code (the “Bankruptcy Code”) and Rule 2014 of the Federal Rules of Bankruptcy Procedures (the “Bankruptcy Rules”), authorizing the retention and employment of PricewaterhouseCoopers LLP (“PwC US”) as MLC’s special accountants and tax advisors for a limited scope of services and only for the period June 1, 2009 (the “Commencement Date”) through and including July 9, 2009, all as more fully set forth in the Application, MLC will present the attached proposed order US_ACTIVE:\43143430\08\72240.0639 to the Honorable Robert E.
    [Show full text]
  • Old Mutual Global Investors Series Plc
    OLD MUTUAL GLOBAL INVESTORS SERIES PLC An investment company with variable capital incorporated with limited liability in Ireland, established as an umbrella fund with segregated liability between Funds and authorised pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011, as amended, and the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations 2015 (Registered Number 271517) Annual Report and Audited Financial Statements for the financial year ended 31 December 2015 Old Mutual Global Investors Series Plc Annual Report and Audited Financial Statements for the financial year ended 31 December 2015 CONTENTS PAGE Directory 4 - 8 General Information 9 - 12 Directors’ Report 13 - 15 Depositary’s Report 16 Investment Advisers’ Reports: Old Mutual China Equity Fund (formerly Old Mutual Greater China Equity Fund) 17 Old Mutual Global Bond Fund 18 Old Mutual World Equity Fund 19 Old Mutual Pacific Equity Fund 20 Old Mutual European Equity Fund 21 Old Mutual Japanese Equity Fund 22 Old Mutual US Dividend Fund 23 Old Mutual North American Equity Fund 24 Old Mutual Total Return USD Bond Fund 25 Old Mutual Emerging Market Debt Fund 26 Old Mutual European Best Ideas Fund 27 Old Mutual Investment Grade Corporate Bond Fund 28 Old Mutual Global Emerging Markets Fund 29 Old Mutual Asian Equity Income Fund (formerly Old Mutual Asian Equity Fund) 30 Old Mutual Local Currency Emerging Market Debt
    [Show full text]
  • ADVISORS' INNER CIRCLE FUND Form N-CSRS Filed 2018-07-09
    SECURITIES AND EXCHANGE COMMISSION FORM N-CSRS Certified semi-annual shareholder report of registered management investment companies filed on Form N-CSR Filing Date: 2018-07-09 | Period of Report: 2018-04-30 SEC Accession No. 0001193125-18-214347 (HTML Version on secdatabase.com) FILER ADVISORS' INNER CIRCLE FUND Mailing Address Business Address 1 FREEDOM VALLEY DRIVE 1 FREEDOM VALLEY DRIVE CIK:878719| IRS No.: 000000000 | Fiscal Year End: 1031 OAKS PA 19087 OAKS PA 19087 Type: N-CSRS | Act: 40 | File No.: 811-06400 | Film No.: 18943602 8009327781 Copyright © 2018 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSRS CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-06400 The Advisors Inner Circle Fund (Exact name of registrant as specified in charter) SEI Investments One Freedom Valley Drive Oaks, PA 19456 (Address of principal executive offices) (Zip code) SEI Investments One Freedom Valley Drive Oaks, PA 19456 (Name and address of agent for service) Registrants telephone number, including area code: 1-877-446-3863 Date of fiscal year end: October 31, 2018 Date of reporting period: April 30, 2018 Copyright © 2018 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Item 1. Reports to Stockholders. The Registrants schedules as of the close of the reporting period, as set forth in §§ 210.12-12 through 210.12-14 of Regulation S-X [17 CFR §§ 210-12.12-12.14], are attached hereto.
    [Show full text]
  • Government Pension Fund Global Holding of Equities at 31 December 2013 Sector Value Market (NOK) Voting Ownership Sector Value Market (NOK) Voting Ownership
    GOVERNMENT PENSION FUND GLOBAL HOLDING OF EQUITIES AT 31 DECEMBER 2013 Sector value Market (NOK) Voting Ownership Sector value Market (NOK) Voting Ownership ARGENTINA Drillsearch Energy Ltd Oil & Gas 18 144 955,40 0,58% 0,58% Telecom Argentina SA Telecommunications 17 006 739,52 0,08% 0,08% DUET Group Utilities 101 256 692,21 0,75% 0,75% AUSTRALIA DuluxGroup Ltd Industrials 78 155 606,37 0,70% 0,70% Abacus Property Group Financials 33 610 624,02 0,54% 0,54% Echo Entertainment Group Ltd Consumer Services 74 460 069,86 0,68% 0,68% Acrux Ltd Health Care 89 250 225,35 3,86% 3,86% Elders Ltd Consumer Goods 1 530 014,93 0,54% 0,54% Adelaide Brighton Ltd Industrials 279 408 953,36 2,20% 2,20% Emeco Holdings Ltd Industrials 7 384 644,17 1,01% 1,01% AGL Energy Ltd Utilities 441 414 094,41 0,97% 0,97% Energy Resources of Australia Ltd Basic Materials 118 412 500,06 3,34% 3,34% Ainsworth Game Technology Ltd Consumer Services 26 677 182,18 0,35% 0,35% Energy World Corp Ltd Utilities 21 468 629,15 0,60% 0,60% AJ Lucas Group Ltd Industrials 1 652 073,08 0,10% 0,10% Envestra Ltd Utilities 69 789 644,49 0,63% 0,63% Alliance Resources Ltd Basic Materials 418 727,49 0,17% 0,17% Equatorial Resources Ltd Basic Materials 2 323 105,86 0,53% 0,53% ALS Ltd/Queensland Consumer Goods 172 035 041,30 0,91% 0,91% ERM Power Ltd Utilities 24 750 345,53 0,80% 0,80% Altium Ltd Technology 49 313 790,34 3,47% 3,47% Fairfax Media Ltd Consumer Services 26 156 623,69 0,32% 0,32% Alumina Ltd Basic Materials 335 531 607,99 1,98% 1,98% Federation Centres Ltd Financials 147 823
    [Show full text]
  • SEI INSTITUTIONAL INVESTMENTS TRUST Form NPORT-P Filed 2021-04-29
    SECURITIES AND EXCHANGE COMMISSION FORM NPORT-P Filing Date: 2021-04-29 | Period of Report: 2021-02-28 SEC Accession No. 0001752724-21-088338 (HTML Version on secdatabase.com) FILER SEI INSTITUTIONAL INVESTMENTS TRUST Mailing Address Business Address 1 FREEDOM VALLEY DRIVE 1 FREEDOM VALLEY DRIVE CIK:939934| IRS No.: 000000000 | State of Incorp.:MA | Fiscal Year End: 0531 OAK PA 19456 OAK PA 19456 Type: NPORT-P | Act: 40 | File No.: 811-07257 | Film No.: 21867948 610 676-3097 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SCHEDULE OF INVESTMENTS (Unaudited) February 28, 2021 Large Cap Fund Market Value Market Value Description Shares ($ Thousands) Description Shares ($ Thousands) COMMON STOCK 97.9% COMMON STOCK (continued) Communication Services 7.0% Kohls Corp 13,100 $ 724 Activision Blizzard Inc 9,406 $ 899 L Brands Inc 1,904 104 Alphabet Inc, Cl A * 2,491 5,037 Las Vegas Sands Corp 8,494 532 Alphabet Inc, Cl C * 7,703 15,690 Lear Corp 10,200 1,694 AT&T Inc 246,640 6,879 Leslies * 10,927 265 BCE Inc 103,200 4,413 Liberty Global PLC, Cl A * 8,953 221 Comcast Corp, Cl A 123,005 6,485 Lithia Motors Inc, Cl A 1,260 471 Facebook Inc, Cl A * 43,712 11,261 Lowes Cos Inc 54,552 8,715 Fox Corp 16,115 537 Macys Inc 55,623 846 Liberty Global PLC * 15,020 365 McDonalds Corp 5,715 1,178 Live Nation Entertainment Inc * 11,969 1,064 MercadoLibre Inc * 409 670 Netflix Inc * 3,374 1,818 Mohawk Industries Inc * 3,758 658 News Corp, Cl A 35,626 835 NIKE Inc, Cl B 64,678 8,717 Nexstar
    [Show full text]
  • 1 United States Bankruptcy Court Southern District Of
    Hearing Date and Time: August 18, 2009 at 9:45 a.m. (Eastern Time) Objection Deadline: August 13, 2009 at 4:00 p.m. (Eastern Time) UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------- X : In re: : Chapter 11 Case No.: : MOTORS LIQUIDATION COMPANY, et al. : 09-50026 (REG) f/k/a General Motors Corp., et al. : : Debtors. : (Jointly Administered) ---------------------------------------------------------- X APPLICATION OF OFFICIAL COMMITTEE OF UNSECURED CREDITORS FOR ENTRY OF ORDER AUTHORIZING THE RETENTION AND EMPLOYMENT OF FTI CONSULTING, INC., AS ITS FINANCIAL ADVISOR, NUNC PRO TUNC TO JUNE 3, 2009 The Official Committee of Unsecured Creditors (the “Committee”) appointed in the Chapter 11 cases of General Motors Corporation, debtors and debtors-in-possession herein (the “Debtors”), submits this application (the “Application”) for entry of an order, pursuant to sections 328, 1103(a) and 1103(b) of the United States Bankruptcy Code, 11 U.S.C. §§ 101- 1532, as amended (the “Bankruptcy Code”), Rules 2014(a) and 2016 of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”) and Rule 2014-1 of the Local Bankruptcy Rules for the Southern District of New York (the “Local Bankruptcy Rules”), authorizing the retention and employment of FTI Consulting, Inc. (together with its wholly owned subsidiaries, agents, independent contractors and employees “FTI”), as financial advisor to the Committee nunc pro tunc to June 3, 2009. In support of this Application, the Committee relies upon the declaration of Michael Eisenband (the “Eisenband Declaration”), which is attached hereto as Exhibit A and incorporated herein by reference, and respectfully represents as follows: 1 KL2 2610869.4 JURISDICTION AND VENUE 1.
    [Show full text]
  • SEI INSTITUTIONAL INVESTMENTS TRUST Form
    SECURITIES AND EXCHANGE COMMISSION FORM NPORT-P Filing Date: 2020-10-30 | Period of Report: 2020-08-31 SEC Accession No. 0001752724-20-220789 (HTML Version on secdatabase.com) FILER SEI INSTITUTIONAL INVESTMENTS TRUST Mailing Address Business Address 1 FREEDOM VALLEY DRIVE 1 FREEDOM VALLEY DRIVE CIK:939934| IRS No.: 000000000 | State of Incorp.:MA | Fiscal Year End: 0531 OAK PA 19456 OAK PA 19456 Type: NPORT-P | Act: 40 | File No.: 811-07257 | Film No.: 201276507 610 676-3097 Copyright © 2020 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SCHEDULE OF INVESTMENTS (Unaudited) August 31, 2020 Large Cap Fund Market Value Market Value Description Shares ($ Thousands) Description Shares ($ Thousands) COMMON STOCK 97.8% COMMON STOCK (continued) Pool Corp 411 $ 135 Communication Services 7.0% PulteGroup Inc 61,175 2,728 Alphabet Inc, Cl A * 4,246 $ 6,919 Ross Stores Inc 59,459 5,415 Alphabet Inc, Cl C * 7,545 12,330 Royal Caribbean Cruises AT&T Inc 254,123 7,575 Ltd (A) 9,200 633 BCE Inc 114,123 4,908 Starbucks Corp 22,713 1,919 Cable One Inc 506 931 Target Corp 66,520 10,059 Comcast Corp, Cl A 138,327 6,198 Whirlpool Corp (A) 17,400 3,092 Facebook Inc, Cl A * 59,354 17,403 Wingstop Inc 1,400 229 Interpublic Group of Cos Inc/ Wyndham Destinations Inc 31,800 922 The 3,297 59 YETI Holdings Inc * 7,418 381 Netflix Inc * 2,232 1,182 TEGNA Inc 82,100 1,028 126,850 T-Mobile US Inc * 43,789 5,109 Verizon Communications Inc 112,500 6,668 Consumer Staples 8.0% ViacomCBS Inc, Cl B (A) 29,156 812
    [Show full text]
  • Consider This
    QUARTER 02 2021 Consistency is the only currency that matters. CONSIDER THIS SA MOTOR VEHICLES: NOT FIRING ON ALL CYLINDERS page 15 WORRIES (OR NOT) OVER RISING US TREASURY YIELDS? pg 10 UNDERSTANDING AND EXPLOITING THE INVESTMENT ODDS pg 27 BOND WEAKNESS DESPITE GOOD-NEWS BUDGET? pg 34 Contents Consider this Q2 2021 34 SA bonds: Complex dynamics but still attractive An improved outlook hasn’t led to Letter from lower yields, writes Gareth Bern. 03 the CEO 39 Certainly possible Aadil Omar delves into the 10 continuum between certainty TABLE TALK and possibility Sandile Malinga addresses investor worries over rising US Treasury yields. 47 Book Review: Curiosity - For 15 success, satisfaction and human The SA motor industry: Blowing a progress gasket in 2020 Clare Lindeque reviews “Curious”, a After the devastation of 2020, how brief and engaging tome examining is Prudential investing in the auto different types of curiosity and why industry? Pindiwe Mbelani sheds some they’re essential ingredients in human light. progress. 27 Two keys to accumulating wealth: Understanding the odds and exploiting them In an uncertain world, you can improve your investment outcomes by knowing when the odds are favourable and being able to take action, writes Ross Biggs, Head of Equity. Consistency is the only currency that matters. Back to contents page LETTER FROM THE CEO iStock-472173973 Letter from the CEO Benard Fick CHIEF EXECUTIVE t was another positive quarter higher US inflation and interest Ifor risk assets around the globe, rates which led to bond weakness, with investor sentiment supported mainly in the US.
    [Show full text]
  • Aandelenportefeuille SPW 20200331.Xlsx
    Aandelenportefeuille SPW per 31 maart 2020 Regio Land Omschrijving Bedrag x € 1000 Africa 27.145,8 Egypt 1.732,2 Abu Dhabi Islamic Bank/Egypt 0,7 Commercial International Bank Egypt SAE 1.651,2 Edita Food Industries SAE 67,0 Egyptian Financial Group-Hermes Holding Co 0,7 ElSewedy Electric Co 12,6 Kenya 120,0 Equity Group Holdings PLC/Kenya 98,3 Safaricom PLC 21,7 Morocco 280,3 Attijariwafa Bank 280,3 Nigeria 812,1 Access Bank PLC 115,2 Dangote Cement PLC 138,8 Guaranty Trust Bank PLC 200,1 Nestle Nigeria PLC 152,1 Nigerian Breweries PLC 96,1 SEPLAT Petroleum Development Co Plc 36,4 Zenith Bank PLC 73,4 South Africa 24.201,3 Absa Group Ltd 87,1 Adcorp Holdings Ltd 11,0 Advtech Ltd 26,2 AECI Ltd 28,2 African Rainbow Minerals Ltd 75,9 Alexander Forbes Group Holdings Ltd 0,2 Anglo American Platinum Ltd 687,1 AngloGold Ashanti Ltd 1.244,6 Aspen Pharmacare Holdings Ltd 47,8 Astral Foods Ltd 91,5 AVI Ltd 529,7 Barloworld Ltd 53,6 Bid Corp Ltd 1.314,0 Bidvest Group Ltd/The 13,7 Capitec Bank Holdings Ltd 926,5 City Lodge Hotels Ltd 4,6 Clicks Group Ltd 961,7 Comair Ltd 4,9 Combined Motor Holdings Ltd 0,2 Coronation Fund Managers Ltd 27,0 DataTec Ltd 0,5 Discovery Ltd 33,8 Distell Group Holdings Ltd 16,7 DRDGOLD Ltd 1,1 Exxaro Resources Ltd 382,8 FirstRand Ltd 1.265,2 Fortress REIT Ltd 22,9 Foschini Group Ltd/The 113,9 Gold Fields Ltd 358,8 Growthpoint Properties Ltd 26,1 Harmony Gold Mining Co Ltd 30,8 Hosken Consolidated Investments Ltd 6,9 Hyprop Investments Ltd 8,1 Impala Platinum Holdings Ltd 534,8 Imperial Logistics Ltd 20,6 Investec Ltd 110,7
    [Show full text]
  • Aandelenportefeuille SPW 20200930.Xlsx
    Aandelenportefeuille SPW per 30 september 2020 Regio Land Omschrijving Bedrag x € 1000 Africa 4.021,7 Egypt 132,7 Commercial International Bank Egypt SAE 123,4 Edita Food Industries SAE 8,4 ElSewedy Electric Co 0,9 Kenya 49,7 Equity Group Holdings PLC/Kenya 8,0 Safaricom PLC 41,6 Nigeria 141,5 Access Bank PLC 15,0 Guaranty Trust Bank PLC 33,5 Nestle Nigeria PLC 42,0 Nigerian Breweries PLC 34,9 SEPLAT Petroleum Development Co Plc 3,3 Zenith Bank PLC 12,9 South Africa 3.697,9 Absa Group Ltd 6,6 Adcorp Holdings Ltd 0,4 Advtech Ltd 3,8 AECI Ltd 2,9 African Rainbow Minerals Ltd 32,3 Anglo American Platinum Ltd 111,6 AngloGold Ashanti Ltd 226,2 Aspen Pharmacare Holdings Ltd 8,0 Astral Foods Ltd 8,5 AVI Ltd 78,7 Barloworld Ltd 7,6 Bid Corp Ltd 185,1 Bidvest Group Ltd/The 1,8 Blue Label Telecoms Ltd 0,4 Capitec Bank Holdings Ltd 97,7 City Lodge Hotels Ltd 1,5 Clicks Group Ltd 65,5 Comair Ltd 0,6 Combined Motor Holdings Ltd 0,0 Coronation Fund Managers Ltd 4,0 DataTec Ltd 0,0 Discovery Ltd 2,4 DRDGOLD Ltd 0,3 Exxaro Resources Ltd 37,8 FirstRand Ltd 198,6 Fortress REIT Ltd 3,6 Foschini Group Ltd/The 36,8 Gold Fields Ltd 164,9 Growthpoint Properties Ltd 1,7 Harmony Gold Mining Co Ltd 1,0 Impala Platinum Holdings Ltd 114,0 Imperial Logistics Ltd 3,6 Investec Ltd 14,1 JSE Ltd 2,2 KAP Industrial Holdings Ltd 6,2 Kumba Iron Ore Ltd 43,0 Lewis Group Ltd 0,1 Liberty Holdings Ltd 3,9 Life Healthcare Group Holdings Ltd 19,4 Metair Investments Ltd 0,1 MiX Telematics Ltd 0,0 Momentum Metropolitan Holdings 9,7 Motus Holdings Ltd 6,9 Aandelenportefeuille SPW
    [Show full text]
  • Heading at Date Contents
    T3IB00312 CMH AR 2008 4/27/08 9:21 PM Page 1 Contents Heading at date Mission Statement (inside front cover) 25 Segment Information 2 Group Profile and Structure 26 Balance Sheets 3 Group Financial Highlights 27 Income Statements 4 Board of Directors 28 Statements of Changes in Equity 6 Definitions 29 Cash Flow Statements 30 Notes to the Annual Financial Statements 7 Group Ten-Year Financial Review 55 Subsidiaries 8 Group Ten-Year Statistical Review 56 Directors’ Emoluments 9 Value-Added Statement 57 Directors’ Shareholding 10 Group Operations 58 Analysis of Ordinary Shareholders 15 Report of the Chairman 59 Stock Exchange Performance 16 Report of the Chief Executive Officer 59 Certification by the Company Secretary 18 Corporate Governance 60 Administration 22 Approval of Financial Statements 60 Shareholders’ Diary 23 Independent Auditor’s Report 61 Notice of Meeting 24 Report of the Directors Form of Proxy T3IB00312 CMH AR 2008 4/27/08 9:21 PM Page 2 Group Profile and Structure RETAIL MOTOR DEALERSHIPS CAR HIRE VOLVO 100% JAGUAR 100% FIRST CAR RENTAL 100% SWEDOCAR Jaguar Umhlanga Johannesburg, Bloemfontein, Cape Town, Hatfield, Jaguar Cape Town Port Elizabeth, Kimberley, Upington, Menlyn, Umhlanga Rocks East London, Nelspruit, George, Durban, HONDA 100% AUTO NORDIC Richards Bay, Pietermaritzburg and Honda Durban Bryanston, Westrand, Sandton Cape Town Airports, Durban, Honda Hatfield Cape Town central, Kempton Park, FORD/MAZDA 100% Honda Menlyn Sandton, Randburg, Pretoria, Lyndhurst, KEMPSTER AUTO Honda Pinetown Richards Bay, Pietermaritzburg,
    [Show full text]