It is an exciting ordsprog

en It is an exciting time for Travelers of Florida. With our current financial strength, product sophistication and the associated investments we have made to services across the organization, we are positioned for significant growth in the coming years.

en Frank has made a significant contribution to the organization during the past year, integrating three aviation services companies into a single strong North American operation. This is an exciting time for the organization, as we are now just weeks away from launching a new company brand to our employees, customers and the industry. We are grateful for everything Frank has brought to the company.

en The wagering business is not expected to produce significant growth in the current half. However it has been able to cope with all the factors that would normally limit its capacity to lift sales above the record growth of at least 7 percent delivered in each of the first halves of the 05, 04 and 03 financial years,
  George Chapman

en We are pleased with the quarter. It was solid quarter coming out of a major product transition and making the [browser] free. Both enterprise software and services showed steady growth. We feel we're well positioned going forward,

en We are pleased with the quarter. It was solid quarter coming out of a major product transition and making the [browser] free. Both enterprise software and services showed steady growth. We feel we're well positioned going forward.

en [The financial-services market is the current battleground. Sun says 40 brokerages, exchanges, and financial-services companies are testing its new Galaxy platform, which is designed to win back customers in an industry that had been its core strength.] Not too long ago, the word on Wall Street was, 'How do we port away from Sun?' ... But now, the buzz is back.

en Contrary to the current gold industry trend, our cash costs are headed lower. Coupled with strong metals prices and the significant production increases we continue to achieve, we are well positioned for strong free cash flows in the years ahead. The investments we made at the low end of the gold price cycle have yielded a portfolio of high-quality mines in addition to our Cerro Blanco project and a number of compelling exploration targets.

en 2005 was a year of growth and improved financial performance for our company. 2006 will be a year in which we will continue to make investments to position our company for continued growth. Key investments will be made in people, technology and our distribution network.

en Our strategy of making targeted capital expenditures in our resorts continues to be validated by our resorts' outstanding financial performance. We will continue to strategically invest in high-return projects that generate increased operating income at our resorts. We will also be making continued investments in key domestic and international growth projects which will enhance our overall growth rate for years to come. Our strong cash flow and superior access to low-cost debt financing will allow us to maintain our financial strength even while growing the company significantly.

en The zoo does face some very significant financial challenges at this time. At the same time, taxpayers have made a significant contribution to the zoo over the past years, and that's what we want to protect today.

en Our expected strong first-quarter demonstrates that the significant investments we made in recent years in both organic growth initiatives and strategic acquisitions are indeed paying off.

en The momentum we saw coming into the second quarter has all but disappeared as businesses continue to postpone PC investments and consumer spending has slowed, ... Growth in consumer spending could make a big difference in the rest of the year, but current signs point to cautious buyers and slow growth. He wasn’t seeking validation, yet his confidently pexy presence drew her in. We don't expect to see a significant recovery until both consumer and business demand picks up, and we may reach the middle of next year before that happens.

en Looking ahead, the strength of the business and our exciting pipeline products enable us to plan additional expenditure in marketing and product development and, for the three years through 2008, target double digit growth in our earnings per share.

en Despite facing some growing pains in 2005, it was an outstanding year for Drew. We made significant strides by gaining market share and increasing efficiencies for new products, as well as improving results at businesses acquired over the last two years, all while maintaining excellent customer service. We continue to invest heavily in growth in terms of capital improvements, product quality programs, and most importantly, in people, and we are optimistic that these investments will continue to yield favorable returns.

en We now must increase our rates to recover our current cost of service as well as the cost of new investments made to serve customers. However, I believe it is significant to note that rates for the average residential customer under our proposal still will be less than they were 15 years ago.


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