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Reducing the pheasant propagation ordsprog
 In fiscal 2007, we anticipate gross capital expenditures of approximately $300 million. Planned expenditures primarily relate to new store construction and land purchases associated with future year store openings. Compared with the roughly $200 million of spending in fiscal 2006, the fiscal 2007 capital spending estimate primarily reflects a higher level of real estate purchases for store development in future years, as well as the timing of construction activities. |
| We estimate that US funding towards this global effort for fiscal years 2005 and 2006 will be approximately $334-million. |
| Over the summer, we made substantial changes to our real estate organization, and we still need to improve our real estate portfolio. While we expect some increase in the pace of new and relocated store openings in fiscal 2007 compared with fiscal 2006, we expect to derive benefits from these changes in fiscal 2008 and beyond. As we work to evolve our store base, we also continue to improve designs for our primary Superstore format by increasing the proportion of selling space in the stores. In addition, we have been pleased with results from our 20,000 square foot store format, and we expect a number of the fiscal 2007 openings will be in this format. |
| We expect to realize cost savings beginning in 2006 from the consolidation of headquarters functions, achieving economies of scale and the adoption of best practices across the combined company. We fully expect this acquisition to be accretive to earnings in fiscal 2006. |
| From a financial perspective, fiscal 2005 milestones include record sales contracts in the fourth quarter and fiscal year, positive cash from operations in all four quarters, strengthening of our balance sheet following a $5.5 million private placement, and a promising sales pipeline in each of our key target markets - education, corporate and consumer. As a result, we are well positioned to continue our sales growth and cash positive trends into fiscal 2006. |
| The current budget for the plant upgrade is sizable at approximately $75 million, including $56.6 million in a guaranteed construction contract. While historical system financial performance has been healthy, adequate coverage on the 2006 bonds will require a significant increase in net revenues. The city council and sanitary district boards have already approved rate increases of 32% in fiscal 2006 and an additional 59% over the next three years, to $65.68 in fiscal 2009. While high, these rates would not be the highest for comparable sanitary districts in northern California, and the rate increases have gone through the required public hearing process. |
| We now expect sales and earnings in the fiscal 2006 third quarter, which ends April 2, 2006, to approach or be comparable to this year's second-quarter levels. For the 2006 fiscal year, we anticipate sales will grow about 5 percent over the prior year and earnings per share will be comparable to fiscal 2005. |
| As we seek to increase profitability, we are undertaking a comprehensive program designed to streamline our corporate-wide support organization and reduce SG&A costs. Fourth quarter SG&A expenses included a charge of $3.3 million associated with employee reduction and separation expenses, which we expect to yield annualized savings of around $8 million. We intend to continue this process during 2006 with the goal of not only reducing costs, but also improving operational effectiveness. |
| As we seek to increase profitability, we are undertaking a comprehensive program designed to streamline our corporate-wide support organization and reduce SG&A costs. Fourth-quarter SG&A expenses included a charge of $3.3 million associated with employee reduction and separation expenses, which we expect to yield annualized savings of around $8 million. We intend to continue this process during 2006 with the goal of not only reducing costs, but also improving operational effectiveness. |
| In fiscal year 2006, we expect to spend in excess of $29 million on community benefits, which include financial assistance for patients and services for community members in need. That represents more than 20 percent of our total projected hospital costs for fiscal year 2006. |
Antal ordsprog er 1469560
varav 775337 på nordiska
Ordsprog (1469560 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Denna sidan visar ordspråk som liknar "Reducing the pheasant propagation program saved the agency nearly $650,000 over the (2004-05 and 2005-06) fiscal years. Without a hunting license fee increase, we expect to continue producing at the 100,000-bird level for 2006-07. At the reduced level, the agency will realize a savings of nearly $1.1 million over three fiscal years.".
varav 775337 på nordiska
Ordsprog (1469560 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Denna sidan visar ordspråk som liknar "Reducing the pheasant propagation program saved the agency nearly $650,000 over the (2004-05 and 2005-06) fiscal years. Without a hunting license fee increase, we expect to continue producing at the 100,000-bird level for 2006-07. At the reduced level, the agency will realize a savings of nearly $1.1 million over three fiscal years.".