Predicting the 20 Most Populous Countries in 2050

In 2017,  the UN Population Division released a revision of its  World  Population Prospects,  a regularly-issued report that analyzes world population changes and other world demographics, estimated out to 2100. The recent report revision noted that the world population increase has slowed a bit, and is expected to continue to slow, with an estimated 83 million people added to the world every year. Population Overall Grows The United Nations forecasts the global population to reach 9.8 billion in the year 2050, and growth is expected to continue until then, even assuming that the decline in fertility would increase. An aging population overall causes fertility to decline, as well as women in more developed countries not having the replacement rate of 2.1 children per woman. If the fertility rate of a country is lower than the replacement rate, population declines there. The world fertility rate was 2.5 as of 2015 but declining slowly. By 2050, the number of people over age 60 will more than double, as compared with 2017, and the number over 80 will triple. Life expectancy worldwide is projected to rise from 71 in 2017 to 77 by 2050.   Overall Continent and Country Changes by 2050 More than half of the forecast growth in world population will come in Africa, with an estimated rise in population of 2.2 billion. Asia is next. Asia is expected to add more than 750 million people between 2017 and 2050. Next are the Latin America and Caribbean region, then North America. Europe is the only region anticipated to have a lower population in 2050 as compared with 2017. India is expected to pass China in population in 2024, Chinas population is projected to stay stable and then to slowly fall, while Indias is rising. Nigerias population is growing the most quickly and is forecast to take over the United States number three position in world population around 2050. Fifty-one countries are projected to see a decline in population by 2050, and ten are estimated to drop by at least 15 percent, though many of them are not largely populated. The percentage per person is higher than in a country with a large population, such as  Bulgaria, Croatia, Latvia, Lithuania, Poland, Moldova, Romania, Serbia, Ukraine, and the U.S. Virgin Islands (territory counted independently from the United States population). The least-developed countries grow more quickly than those with mature economies, but also send more people as immigrants to the more developed nations. What Goes Into the List Following is a list of the 20  most populous countries in the year 2050, presuming there are no significant boundary changes. Variables that go into the projections include trends in fertility and its rate of decline over the next decades, infant/child survival rates, numbers of adolescent mothers, AIDS/HIV, migration, and life expectancy.   Largest Populations by Country in 2050 India: 1,659,000,000  China: 1,364,000,000Nigeria: 411,000,000United States: 390,000,000Indonesia: 322,000,000Pakistan: 307,000,000Brazil: 233,000,000Bangladesh: 202,000,000Democratic Republic of the Congo: 197,000,000Ethiopia: 191,000,000Mexico: 164,000,000Egypt: 153,000,000Philippines: 151,000,000  Tanzania: 138,000,000Russia: 133,000,000Vietnam: 115,000,000Japan: 109,000,000  Uganda: 106,000,000Turkey: 96,000,000Kenya: 95,000,000   Source World Population Prospects: The 2017 Revision. United Nations, Department of Economic and Social Affairs, June 21, 2017.

Fuman Agric Agricultural Products Fruit Juice Manufacturer - Free Essay Example

Sample details Pages: 3 Words: 856 Downloads: 7 Date added: 2017/09/23 Category Advertising Essay Type Argumentative essay Did you like this example? Fuman Agric Agricultural Products Fruit Juice Manufacturer Fuman Agricultural Products is a medium-scale fruit juice manufacturer who started in 1995 by taking over the old Lafia Canning Factory established in 1954. The major raw materials of the company are fresh fruits such as orange, guava, pineapple, mango, and passion fruit. Main production lines are natural fruit juices i. e. , orange, pineapple, guava, in 1l and 250ml tetrapak packages; others are canned fruits. Installed capacity is 5t/h but the company presently produces at 10 percent of its installed capacity. Fruits are procured locally by the companys purchasing manager and from independent traders with informal links to the company. Fruits are purchased from Oyo, Osun, Ekiti, Ondo and Edo States in western Nigeria; Cross River in eastern Nigeria, and Nasarawa, Kaduna and Benue States in the Middle Belt. No formal contracts are made with suppliers. The company determines the price and usually offers the average between the seasonal and off-seasonal price. The company prefers to buy in the glut season when prices are low since fresh fruit market demand is saturated. In May 2002 pineapples were purchased at about US$ 800/tonne. The processor may provide transport and in some cases provides some pre-finance to traders. Direct links to the farming community are limited to former cooperative groups that had worked with the former Lafia Canning Factory in the western States mentioned above. In so doing, they provide soft loans, planting materials; equipment and other agricultural inputs while the farmer cooperative groups supply their produce to the company. The company reserves the right to discard poor quality products and the average annual prices are paid to farmers for their produce. At times when open market prices are better than company prices, farmers sell their produce in the open market. The company also goes farther field to purchase supplies directly from producers and agents at prevailing market prices from eastern and central Nigeria. The main constraint faced by the company is the availability of raw material. The farming sector is not geared for a continuous and stable supply to the factory. Competition from alternative markets especially from northern Nigeria (where these fruits are not usually grown) reduces the companys source of raw material supply. The company is presently making efforts to obtain concentrated juice supplies from Ghana and South America. Other constraints mentioned are high interest rates charged by commercial banks (32-35 percent pa) and notorious problems with electricity supplies. Several factors require strengthening. Appropriate staffing and a degree of decentralization in management structure are essential. Communication between the company and cooperative farmer groups and consultation especially with those inherited from the former Lafia Canning Company is vital to maintain a reliable supply of raw materials, part icularly oranges. It is important that farmers work in partnership with the company and have a better understanding of their production system. This cannot be achieved without the appointment of a well-trained liaison and extension officer who speaks the local language, possesses appropriate interpersonal skills, and is preferably an indigene of the area. References Glover D. 1987. Increasing the benefits to smallholders from contract farming, problems for farmers organizations and policy makers. World Development 15 (4):441 448. Goldsmith A. 1985. The private sector and rural development: can agribusiness help the small farmer. World Development 13 (10/11): 1125 1130. Idachaba F. S. 2000. Agricultural policy process in Africa: role of policy analysts, ECAPAPA Monograph Series 2, Eastern and Central Africa Programme for Agricultural Policy Analysis, A program of the Association for Strengthening Agricultural Research in Eastern and Central Africa (ASARECA), Entebbe Uganda. K ormawa P. M, Ezedinma C. I, Makinde K, and Adekunle A. 2002. Market-led Agricultural Technology Transfer and Commercialization in Nigeria, Proceedings of a National Stakeholders Workshop held at the International Institute of Tropical Agriculture, Ibadan 13 to 15th March 2002, Rural Sector Enhancement Program, International Institute of Tropical Agriculture, Ibadan, Nigeria. Manufacturers Association of Nigeria 1994. Nigeria Industrial Directory: Buyers Guide to Made-in-Nigeria Products Manufacturers Association of Nigeria, Ikeja, Lagos. Manufacturers Association of Nigeria 2000. Half-Yearly Economic Review (July -. December, 1999), Manufacturers Association of Nigeria, Ikeja, Lagos. Manufacturers Association of Nigeria 2000. Half-Yearly Economic Review (January June, 1999), Manufacturers Association of Nigeria, Ikeja, Lagos. Manufacturers Association of Nigeria 1999. Half-Yearly Economic Review (July December, 1998), Manufacturers Association of Nigeria, Ikeja, Lagos. Manufact urers Association of Nigeria 1999b. MAN Half-Yearly Economic Review January June, 1998), Manufacturers Association of Nigeria, Ikeja, Lagos. Marchet. J. M. Nasir, J, Ramachandran V, Shah M. K. , Tyler G. , Zhao L 2001. Results of the Nigeria Firm Survey, Regional Program on Enterprise Development, Africa Region, The World Bank, Draft for Review. Nigerian Institute of Social and Economic Research (NISER) 1999. A Characterization of industrial demand for major agricultural commodities in Nigeria, Ajakaiye D. O. and Akande S. O. (eds) Nigerian Institute of Social and Economic Research, Ibadan, Nigeria. Porter G. and Phillip-Horward K. 997. Comparing Contracts: An Evaluation of Contract Farming Schemes in Africa. World Development 25 (2) 227 238. Raw Materials Research and Development Council, 2000. Multi-Disciplinary Task Force Report of the Techno- Economic Survey on Food, Beverage and Tobacco Sector, RMRDC, Federal Ministry of Science and Technology, Abuja. Shaib B, A Aliyu, and J. S. Bakshi 1997. Nigeria: National Agricultural Research Strategy Plan: 1996 2010 Dept of Agricultural Sciences, Federal Ministry of Agriculture and Natural Resources, Abuja. ________________________________________ Don’t waste time! Our writers will create an original "Fuman Agric Agricultural Products Fruit Juice Manufacturer" essay for you Create order

Thomas Hobbes And John Locke - 1140 Words

Many scholars consider Thomas Hobbes and John Locke to be the most influential political philosophers of the classical liberal viewpoint, as they both believed that a government should exist, but that it should exist only for the purpose of preventing members of society from harming each other, not from harming themselves, therefore maximizing liberty in society. Although they agreed on the general purpose of government, which today would be a libertarian ideology, one critical issue on which they disagreed was on the nature of rights. In Hobbes’ view, people have no natural or inherent rights, and that in a state of nature, people would have no obligation to respect the rights of others. As a result, Hobbes argues that rights descend†¦show more content†¦The key component of Hobbes’ theory of government is social contract theory: that people give up some of their freedom to a government that protects their safety; as a result, rights are granted by the governm ent, as this social contract is the only protection that people have over their rights. Hobbes’ social contract theory stems from his view of the state of nature, or what would occur if no government existed. In Hobbes’ view, the state of nature is extremely chaotic, or as he writes, â€Å"solitary, poor, nasty, brutish, and short.† This chaotic state occurs because people have no incentive not to harm each other, since â€Å"if any two men desire the same thing, which nevertheless they cannot both enjoy, they become enemies; and in the way to their end endeavour to destroy or subdue one another.† In addition, Hobbes argues that there is no morality or rights in the state of nature, saying â€Å"The notions of right and wrong, justice and injustice, have there no place. Where there is no common power, there is no law; where no law, no injustice.† Since Hobbes believes that people have no inherent rights in a state of nature, and that no one has an y incentive to respect the rights of others, he believes that aShow MoreRelatedJohn Locke And Thomas Hobbes886 Words   |  4 Pagesdiscuss the differences in political theories expressed by both John Locke and Thomas Hobbes. In, Leviathan, by Thomas Hobbes, and in, The Second Treatise of Government, by John Locke different theories of political legitimacy and definitions of the state of nature are described. The following paragraphs analyze multiple different points that are imperative to understanding these political theories. In the reading, Leviathan, Thomas Hobbes discusses what human existence is in the state of nature andRead MoreThomas Hobbes And John Locke911 Words   |  4 Pagessocial contract theory, Thomas Hobbes and John Locke established many of the founding ideals that contemporary Liberalism is based on. While the shared many similar positions, there are some key distinctions to be made between the arguments Hobbes and Locke make in Leviathan and Second Treatise of Civil Government, respectively. In this paper I will argue the differences between how each of them viewed the right of the subjects to revolt from the sovereign. Thomas Hobbes published his most famousRead MoreThomas Hobbes And John Locke Essay1441 Words   |  6 PagesEifling-Question 4 Hobbes and Locke During and after the English Revolution, a few philosophers expressed different views on their philosophical outlook and life experiences. Some of the most outstanding thinkers include Thomas Hobbes and John Locke. They had opposing views on governance matters, but the two, also, had striking similarities. In addition, the two represented an increasingly modernized European population that despised absolute kingship. Both Hobbes and Locke proposed a conceptionRead MoreJohn Locke And Thomas Hobbes1287 Words   |  6 Pagesknow how to balance and consider the nature of humankind and their rights. John Locke and Thomas Hobbes were both political philosophers who developed theories about how the government should work. They set up their theories around The Natural Law and the Social Contract Theory. Although John Locke and Thomas Hobbes had a similar goal, their beliefs and opinions were definitely not the same. John Locke and Thomas Hobbes both believed in the Natural Law and the Social Contract Theory. They both developedRead MoreThomas Hobbes And John Locke1346 Words   |  6 PagesContracts Thomas Hobbes and John Locke were two English political philosophers, who have had a lasting impact on modern political science. Thomas Hobbes and John Locke both spent much of their lives attempting to identify the best form of government. Locke and Hobbes were among the most prominent of theorists when it came to social contract and human rights. A Social Contract is an agreement among the members of a society to cooperate for social benefits. Thomas Hobbes and John Locke, are the twoRead MoreThomas Hobbes And John Locke1494 Words   |  6 Pages1) Thomas Hobbes and John Locke share the basic assumption that a theory based off of abstract individualism, consent, sovereignty and reason will produce a peaceful and productive society. This theory is the liberal political theory, which is the philosophy of individual rights and a limited government. Both Hobbes and Locke both center the majority of their ideas off of how people’s lives should be based off of nature rights instead of natural law. This being said, people are also subject to theRead MoreThomas Hobbes And John Locke928 Words   |  4 Pagesthere is no formed society, government, laws, safety, etc. both Thomas Hobbes and John Locke take this into perspective while introducing a political view. As illustrated by Thomas Hobbes, John Locke, Karl Marx, and Friedrich Engels, they proposed political views on how human nature can prosper. Initially, Thomas Hobbes introduces a concept on the state of nature and its effects as well as how peace can be achieved. In Leviathan, Hobbes defines what living in a state of nature would be like and theRead MoreThomas Hobbes And John Locke888 Words   |  4 Pagesare very similar but diverge in the moments that solidify their stance on their opinion. Thomas Hobbes and John Locke is both political scientist who have made strides in the area of social contracts and share being natural law theorist also. Locke and all other natural law theorists assumed that man was by nature a social animal and there fore struck contracts with each other to secure safety among them. Hobbes assumed differently, thus his verdicts are very different from other natural law theoristsRead MoreThomas Hobbes And John Locke1426 Words   |  6 PagesBy the second half of the 17th Century, England would experience one of the bloodiest conflicts in its history, ultimately serving to influence some of the mo st phenomenal political philosophers in Europe --Thomas Hobbes, and John Locke. England was in constant unrest, choosing new forms of government almost on a whim in desperate attempts to restore order in the Country. The English Civil War in 1642 etched a legacy of dread in the people of England, and the war only appeared more disastrous andRead MoreThomas Hobbes And John Locke1659 Words   |  7 Pagesmajority. The following pages show how modern social contract theory especially that of Thomas Hobbes and John Locke, grew into the divisive issue it is in contemporary political philosophy. Modern social contract theory can trace its roots to prominent thinkers Thomas Hobbes and John Locke. It is their thoughts on social contracts that lie at the center of the many spheres we are a part of. For Hobbes and Locke, social contract theory sought to analyze the relationship between rulers and the ruled

Cape Town, South Africa Programs to End Exploitation and...

Exploitation of Children Anti-Child Labour Youth Development Counter Human Trafficking They are a children’s rights organisation that is trying to end of all forms of exploitation and abuse of children. Their work involves counter human trafficking, anti-child labour and the development of the youth in South Africa. All three programs are dedicated to stop all forms or situations which result in the enslavement of children Their Vision is to protected the rights of children and end exploitation in South Africa Their Mission is to become and remain the best children’s Rights non-profit organization in our country by prevent the exploitation of children: 1.Anti-child Labour 2.Counter-human Trafficking 3.Youth Development in the Central Karoo Child labour continues to exist in our country and around the world and yet people are still not talking about it and this it all the more difficult. Not all work is harmful to children In fact, some work is considered beneficial for their development. But Child labour is defined as: work by children under 18 which are exploitative, hazardous or inappropriate for their age, destructive to their schooling, or their social, physical, mental, spiritual or normal development. Child labour deprives children of their childhood because they are being exploited and harmed and this creates the cycle of poverty within a family and the community. There is a day once a year set aside to acknowledge the existence of child labour it is calledShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesAbout the Contributors †¢ 343 _ IN TR OD UC TIO N Michael Adas B y any of the customary measures we deploy to demarcate historical epochs, the twentieth century does not appear to be a very coherent unit. The beginnings and ends of what we choose to call centuries are almost invariably years of little significance. But there is little agreement over when the twentieth century c.e. arrived, and there were several points both before the year 2000 (the collapse of the SovietRead MoreSelling Human Organs10012 Words   |  41 PagesJudicial Affairs. Convinced that the balance of moral and ethical concerns favors the ability to sell organs, they would like the laws to change, and the AMAs governing house of delegates is scheduled to vote in June on whether to support a pilot program. The American Society of Transplant Surgeons has already endorsed giving money for cadaveric organs to the families of the deceased. There are two primary arguments normally offered in favor of allowing the sale of organs. First is the fact thatRead MoreRastafarian79520 Words   |  319 Pages10016 Oxford University Press is a department of the University of Oxford It furthers the Universitys objective of excellence in research, scholarship, and education by publishing worldwide in Oxford New York Auckland Bangkok Buenos Aires Cape Town Chennai Dar es Salaam Delhi Hong Kong Istanbul Karachi Kolkata Kuala Lumpur Madrid Melbourne Mexico City Mumbai Nairobi Sà £o Paulo Shanghai Taipei Tokyo Toronto Oxford is a registered trade mark of Oxford University Press in the UK and in certainRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesbackbone to a programme of study but could sensibly be supplemented by other material. We have provided a mixture of longer and shorter cases to increase the ï ¬â€šexibility for teachers. Combined with the illustrations and the short case examples at the end of each chapter (in both versions of the book) this increases the reader’s and tutor’s choice. For example, when deciding on material for Chapter 2, the case example, Global Forces and the European Brewing Industry, tests a reader’s understanding ofRead MoreDeveloping Management Skills404131 Words   |  1617 Pageslearn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Editorial Director: Sally Yagan Editor in Chief: Eric Svendsen Acquisitions Editor: Kim Norbuta Editorial ProjectRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pagesentrepreneurship, and ethics courses could use a number of these cases and their learning insights. It can certainly be used in training programs and even appeal to nonprofessionals who are looking for a good read about well-known firms and personalities. TEACHING AIDS As in previous editions, you will find a plethora of teaching aids and discussion material within and at the end of each chapter. Some of these will be common to several cases, and illustrate that certain successful and unsuccessful practicesRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesleft blank Organizational Behavior EDITION 15 Stephen P. Robbins —San Diego State University Timothy A. Judge —University of Notre Dame i3iEi35Bj! Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Editorial Director: Sally Yagan Director of Editorial Services: Ashley Santora Acquisitions Editor: Brian MickelsonRead MoreMarketing and E-commerce Business65852 Words   |  264 PagesUniversity Azimuth Interactive, Inc. Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sà £o Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Editor In Chief: Stephanie Wall Executive Editor: Bob Horan Program Manager Team Lead: Ashley Santora Program Manager: Denise Vaughn Editorial Assistant: Kaylee Rotella Executive Marketing Manager: Anne K. Fahlgren Project ManagerRead MoreOrganisational Theory230255 Words   |  922 Pagesunderstandings of the relationship between organizations and society A puzzle – is it is better to ‘belong’ or to be an ‘individual’? Longing to belong: too much commitment A reminder – the human relations approach is not the only neo-modernist story in town How neo-modernist organization theory challenges understandings of organization culture Creating a culture that gives meaning to work Developing understanding of culture Developing a ‘practical theory’ of organizational culture The vehicles of culture

Assignment on Annual Report Free Essays

Assignment On Mercantile Bank Limited Annual Report for the year ended 31st December, 2009 Topics are to be discussed here (Context) 01. Letter to Transmittal 02. Notice of 11th Annual General Meeting 03. We will write a custom essay sample on Assignment on Annual Report or any similar topic only for you Order Now Mission, Vision Objectives 04. MBL Timeline 05. Credit Rating 06. Sponsors of the Bank 07. Board of Directors 08. Corporate Structure 09. Management Team 10. Head Office Branch Network 11. Where We Locate 12. Financial Summary 13. Economic Impact Report 14. Message from the Chairman 15. From the Desk of Managing Directors and CEO 16. Directors’ Report 17. Managing Directors and CEO’s Report on Risk Management 18. Report on Corporate Governance 19. Compliance Report on SEC Notification 20. Report of Audit Committee 21. Report on Corporate Social Responsibility 22. Report on Customer Service 23. Report on Human Capital 24. Recognition 25. Signing of Financial Statements 26. Auditors’ Report 27. Financial Statements 28. Notes to the Financial Statements 29. Annexure A-G 30. Highlights of Mercantile Bank Limited 1. Letter to Transmittal: Here the Executive Vice President and Company Secretary wrote a letter to all shareholders informing the important items of the Annual Report. Such as Balance Sheet, Income Statement, Cash Flow Statement of the year. 2. Notice of 11th Annual General Meeting: In the notice the date, year, day, time and place of the AGM clearly (in bold letter) described. Important Agenda also represented in the notice. There are 5 Agenda are mentioned. In addition 6 footer Notes also published here. Important notes are record date of the share (March 07, 2010), amount of dividend (22%) etc. Executive Vice President and Company Secretary give his signature with date. 3. Vision, Mission Objectives: The Vision of the back is make finest corporate institution. Mission is making the make profitable by caring, equitable growth by required and proper distribution of recourses. Strategic Objectives: to positive Economic Value Added, market leader in product innovation, achieve cost efficiency, be in the top five financial institution in Bangladesh. Financial Objectives: to achieve stable (? 20%) return on shareholders’ equity. Moreover Core value for Customers, Shareholders, Employees and Community 4. MBL Timeline: Here the development of Mercantile Bank Limited stated. It started incorporation in business and commercialization in 1999. Circulated Primary Share (IPO) in 2003. Got listed in both Bangladesh Stock Exchanges (Dhaka Chittagong) in 2004 and end of year 2009 it has 50 braches all over the country. 5. Credit Rating: As per Credit Rating and information Services Limited (CRISL), Mercantile Bank Limited rated as â€Å"A† (Pronounced as Single A) in the long term and ST-2 rating in the short term on the basis of Financial Statements as on December 31, 2008. High certainty of timely payments, strong liquidity factors, good company fundamentals, easy excess to capital market and minimal risk factors are the key issues of the rating. 6. Sponsors of the Bank: Here the 27 sponsors’ names with photos are representing clearly. 7. Board of Directors: 22 Directors’ name and photo with their designation stated here. There are 1 Chairman, 2 Vice Chairmen and 18 Directors and 1 Managing Director and CEO in the Bank managing committee. 8. Corporate Structure: In Corporate Structure there are 8 different government body represented. Including Board of Directors (22 persons), Executive Committee (18 persons), Audit Committee (3 persons), Managing Director CEO (1 person), Chief Financial Officer (1 person), Company Secretary (1 person), Auditors (2 persons) and Tax Advisor (1 person). . Management Team: Here the detail list of different managing committee separately represented with their designation. There are 10 categories of designation. Such as Managing Director CEO, Additional Managing Director, principal, Deputy Managing Director, Senior Executive Vice Presidents, Executive Vice Presidents, Senior Vice Presidents, Vice President s, First Vice Presidents and Assistant Vice Presidents. 10. Head Office Branch Network: Under this title the details addresses of bank’s all 50 banking branches, SME braches and Brokerage House with Phone, Mobile and Fax number given. 1. Where We Locate: Here the map of Bangladesh given and all 53 (3 SME/Agro Branches) branches marked by company’s logo under district wise. 12. Financial Summary: Under Financial Summary Company’s last 5 years Net Interest Margin (NIM), Profit after Tax, Return on Assets (ROA), Cost Income Ratio, Return on Equity (ROE), Operating Efficiency Ratio and in the last 8 years comparable company’s Income Statement, Balance Sheet, Foreign Exchange Business, BIS Capital Measure, Credit Quality, Share Information, Operating Performance Ratio and Other Information represented. 3. Economic Impact Report: Here Economic Impact described in two ways; Direct Impact and Indirect Impact. Direct Impact are employment opportunities, payment o f tax to the government, increase value to the Shareholders. Indirect Impact created by catering financial services, Bank generated wealth in the economy and profit for itself which is ultimately distributed amongst the shareholders and other participants in different form. In 2009, total value added by MBL was BDT 2,559. 96 (millions) and direct contribution to the economy was BDT 855. 26 (millions). There are two value added statements (Economic and Market) showed by column chart. A pie chart showed for distribution of Value Addition (maximum for government tax 33. 4%). Bank added BDT 129. 5 (million) under Economic Value Addition and BDT 4229. 48 (million) under Market Value Addition. 14. Message from the Chairman: At the first of the message the Chairman invited Shareholders to the 11th Annual General Meeting. There are some topics the Chairman discussed briefly. Those are: World Economy in 2009: here the impact of sub-prime mortgages landslip discussed. Bangladesh Economy in 2009: here the benefit of growth Bangladesh economy in the particular year stated. Performance of the Bank in 2009: here the actual amount of bank’s deposits collection, loan and advance, import business, export business and foreign remittance described. Diversified Business Activities of the Bank: under this section the details activity of bank represented here. Such as Deposits, Loan and Advances, Import Export Business and Inward Foreign Remittance. SME: here bank’s SME structure described. Card Business: here bank’s different card business represented. Such as Credit card, Debit Card, VISA dual prepaid card, VISA Dual Hajj Card. Described it’s features and services. Corporate Governance Practice: here the responsibilities and activities of Board of Directors to the business operation represented. CSR Programs: here the guideline of management of the bank informs the board on CSR activities and is responsible to implement a specific line of approving authority, control and monitoring for financial support of such activities. Customer Service: here the Chairman describe how the bank server to the customer for achieve highest customer satisfaction. Human Resources Development: here the promotion and intensives to the employees represented for their superior performance. Recognition and Award: here the different achievements and rewards stated that in 2009 the bank gets thorough out the year. Future Outlook: here the challenges and opportunities for the bank in upcoming years described thoroughly. Challenges in 2010: here the economic effect on the bank in year 2010 is represented. Such as global downturn, slower growth of exports and workers’ remittance etc. Acknowledgement: here the Chairman gives his thank you notes and committed a stable growth of back where shareholder can rely on. 15. From the Desk of Managing Directors and CEO: Here the CEO describes the banks’ situation in the year 2009. He also represented Bank’s performance during the year 2009, its prospects and potential challenges in 2010. Such as Positive Growth: A Step Further: describing here the growth of the bank during the year. Prospects in 2010: he describe the opportunity, hope for the bank in upcoming year. Reviewing Our Business in 2009: here the business operation during the year stated clearly. Assets and Liabilities Position, International Business, MBL’s Products and Services, MBL’s Card Business, Agro-Based Financing, SME Financing, Our Priorities, Operation, Customer Relationship, Technology, Human Capital Development, Corporate Social Responsibilities (CSR), MBL Brokerage House, Mobile Banking, Commitment to Government, Base I-II Capital Accord, Anti Money Laundering, Network Expansion, Challenges in 2010, Our Preparation and Acknowledgement are the main topics he discussed. 6. Directors’ Report: The parts of the Director’s Report are World Economy, Bangladesh Economy (GDP, Inflation, Investment and Saving, Broad Money, Domestic Credit, Export, Import, Trade Balance, Remittance, Foreign Exchange Market, Prospect of Bangladesh Economy in 2010), Business Review (Deposit and Deposit Mix, Loan and Advance, Import Trade, Export Trade, Foreign Remittance, Treasury Operation and Fund Management, Earning Base in Assets, Asset Portfolio, Funding Structure, Capital, Statutory Reserve, Capital Adequacy, Number of Shareholders, Contribution to National Exchequer and Economy, Acquisition of IDLC Share, Purchase of Land, Branch Network, Board of Directors, Board and Committee Meeting, Corporate and Financial Reporting, External Auditors, Correspondence Relationship , RD, Information Technology, Financial Products and Services, Different Deposit Products, Different Loan Products), Financial Review (Different Profit Incomes, Different Expenses, Different Tax, Dividend, EPS, O/E Ratio), Outlook 2010 and Acknowledgement are represented here. After that it repeated in Bengali Language. 17. Managing Directors and CEO’s R eport on Risk Management: Here start with basic discussion on Risk Management. Such as Risk Management Realities, Approach, Oversight, Process etc. And later describe different types of Risk Management described with photo and tree table. Such as Credit Risk Management, Market Risk Management, Interest Rate Risk Management, Foreign Exchange Risk Management, Operational Risk Management, Internal Control and Compliance Risk Management, Equity Risk Management, Money Laundering Risk Management, Information Technology Risk Management, Liquidity Risk Management, Marketing Related Risk Management, Human Resource Related Risk Management etc. 18. Report on Corporate Governance: At first different names of Corporate Governance with responsibility and duty in the bank represented. Such as Board Of Directors, Board’s Supporting Committee, Management Committee, Control Environment Committee. Each of every committee are presented with meetings photo. 19. Compliance Report on SEC Notification: It is the notification issued by The Security and Exchange Commission for all listed companies in order to improve Corporate Governance on ‘Comply or Explain’ basis. There are three tables. First is Complied or Not Complied table. Only 3 rules are not complied by the bank among 43 rules which are under review. In second table the numbers with names of Directors attained Board Meeting during the year. And the last one is The Patter of Shareholding where shows the nos. and percentage of shares hold by Directors. 20. Report of Audit Committee: Here the name of Auditor with photo presented. And also some other topics such as composition of the Audit Committee, Role of the Audit Committee, Internal Control, Meetings, Financial Reporting, Internal Audit and Inspection, External Audit, Regulatory Compliance and Miscellaneous issues given here. 21. Report on Corporate Social Responsibility: Here the roles and responsibilities of the bank toward society described. In this section a table shows how much the bank contributed their profit to the society. The highest donation went to health sector. MBL has slogan to be the â€Å"Banglar Bank†. MBL has given different awards to different sectors. Photos and arenas are mentioned here. 22. Report on Customer Service: The importance of customer to the bank is presented here. Some core demands of customer are fulfilling by the back. Such as Bringing Mass and More people into the Banking net, Addressing Unique Needs of the Customers, Meeting Demand of Customers through Alternative Banking Channels, Response from the People etc. 23. Report on Human Capital: In this topic the process of giving service in effective manner the back took some steps such as Nursing the People with Utmost Care, Recruiting the Best People (bonus, promotion, recognition, training etc), Managing the people, Performance from the People etc. 24. Recognition: An award giving ceremony’s (ICAB Award-2008) photo given here. 25. Signing of Financial Statements: Here a photograph of Directors represented where they all present there for signing Financial Statements – 2009. 26. Auditors’ Report: At first Auditors declared those elements that they audited. Such as Balance Sheet, Profit and Loss account, Cash Flow Statement, Statement of Changes in Equity, Statements of Liquidity Analysis and Explanatory notes to Financial Statements. Also mention their responsibilities. In the auditor’s report they include Scope, Opinion (14 opinions), Auditors Firm Names, Auditor Signatures, Auditor Designation, Place and Date. 27. Financial Statements: In the Financial Statements there are 7 part of it. At first there is Balance Sheet (Classified Statement of all types of Assets and Liabilities), then Off-Balance Sheet Items (Contingent Liabilities and Other Commitments), Profit and Loss Account (Include all types of Incomes and Expenses, Provisions, Appropriations etc. , Cash Flow Statement (Net Cash Inflow and Outflow recorded here), Statement of Changes in Equity (Capital gain/reserve and losses/dividend), Liquidity Statement (assets and liabilities maturity analysis), Notes to the Financial Statements (details of financial statement such a s calculations, principals, disclosures etc). 28. Annexure A-G: In Annexure A all related asset’s depreciation charges calculated here, Annexure B described number of shares hold by Directors with their positions, Annexure C represented different Investment in Shares during the year. Annexure D stated market adjustment of approved Securities HTM and HFT shares. Annexure E mentioned maturity analysis of other assets (like as advanced deposits, stamps in hand etc. , Annexure F represented Compliance of BAS and BFRS (among 29 BAS 6 are not applied and among 4 BFRS none are applied), Annexure G provide Computation of Risk- Weighted Assets list. 29. Highlights of Mercantile Bank Limited: Here all necessary information towards the investors are presented here, such as paid-up capital, total assets, total deposits, ROA, ROI, EPS, NI per share, P/E Ratio etc. 30. Proxy Form: It is the application printed and provided by the firm to shareholders incase of his absence, shareholder can give voting power to his nominated person. Need to fill up the gaps and attach revenue stamps and send to the authority before particular date. It has two parts, one for office and other for shareholder. ————-END————– How to cite Assignment on Annual Report, Papers

Breeon free essay sample

In this essay I would be expressing my reaction to about the African descendants in Puerco Rice; I strongly believe if youre a descendent of the afro-boring, you should learn about your culture and your background, the reason why I say that is because if you ask any Afro-Boring to tell you about the culture and were there from, some of them wont know what to say, by reading this passage learn so much about the Fabrication, then I do in regular history class. Afro-Puerco Rican (Afro-Boring, Fabrication) are Puerco Ricans of AfricanAfrican descent, the first blacks arriving with the Spaniards were free, that tell me that slavery did not all was excises in Puerco Rice, it all so state Puerco Rice has always had a larger free black population than slave population, through-out the 500 years Of black occupation. I believe in some places in Puerco Rice some Fabrication are calling themselves Dominicans is because, the Puerco Rican government stooped reporting ethnicity in 1950, and so it was difficult to verify Afro-Puerco numbers. We will write a custom essay sample on Breeon or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Thats why they are confused with Dominicans living on the island. One thing I really learn from this passage is that, Puerco Rice black history initially began with the African freeman. The arrived here with the Spanish conquistadors. I feel like the only reason why the slavery started in Puerco Rice is because, when the Spaniards enslaved the Taints who were the native inhabitants of the island and many of them died as a result of the cruel treatment that they had received.This presented a problem for the Spanish crown since they depended on slavery, their solution was to import slaves from Africa and as a consequence the vast sorority of the Africans who immigrated to Puerco Rice did so as a result of the slave trade. By 1 517, the Spanish crown permitted to import twelve slaves each in what became the beginning of the slave trade in the new world. Another thing that struck out to me was that when I found out were the majority of these African were coming from, according to historian Luis M.Ditz, the largest contingent of African came from the gold coast of Ghana, Nigeria and Doomed (Benign). Or the region known as the area of Guineas, the Slave Coast. With that being said, I strongly believe the African government should have help those countries, when those poor Africans were getting kidnap from their homes, and getting separated from their family, they didnt had no government or nobody in their countries that could help them. By; Mohamed sheriff What really stood out in this essay was how the number of slaves rose, it state that the number of of slaves in Puerco Rockroses from 1 ,500 in 1 530 by 1555.The slave was branded on the forehead with a stamp so people would know hey were brought in le gally and that way they couldnt be kidnapped. In conclusion would tell you little bit about The life Of the African slave in Puerco Rice, it was very hard and cruel. The reason why I say that is because, Africans slaves were sent to work the gold mines, as a replacement of the lost Taint manpower, or work in fields in the island ginger and sugar industry, but the slaves were allowed to live family in a hut on the master land and was given a patch of land where they could plant and grow vegetables.