February 1997 Sample Clauses
February 1997 i. A Teacher whose time fraction has varied during service payment will be paid at the proportionate rate, calculated by averaging the time fractions over the period of eligible service.
February 1997. An employee whose time fraction has varied during service is paid at a proportionate rate during long service leave. The rate is determined by calculating an average of the employee's time fractions over the period of eligible service.
February 1997. No ▇▇▇▇▇▇▇e▇▇ ▇▇▇▇ ▇ ▇▇▇▇▇▇us employer counts for the purposes of the 1996 Act as part of Executive's period of continuous employment.
February 1997. The Company has therefore applied a higher amortisation rate to leases than is allowed for in IAS 17. The reported amount of inflated accrued depre- ciation has been adjusted accordingly. Leases and commitments under lease contracts were accounted for in the off-balance-sheet accounts in accordance with IAS 17, which affected the IAS financial results for previous periods and the net profit figure at 30 June 2003. • The Company’s provisions for bad debt are different under IAS and RAR. The provisions reported in the balance sheet and the corresponding costs in the IAS profit and loss statement for the first six months of 2003 have been adjusted for this difference. Selected financial data Balance-sheet summary Assets Non-current assets Total non-current assets 17,180.7 17,605.0 Current assets Total current assets 2,410.9 3,852.5 Total assets 19,591.7 21,457.5 Equity and liabilities Shareholders’ equity Total shareholders’ equity 12,404.4 12,817.7 Minority interest 148.5 0.0 Non-current liabilities Total non-current liabilities 2,189.1 2,237.6 Current liabilities Total current liabilities 4,849.6 6,402.2 Total equity and liabilities 19,591.7 21,457.5 Profit and loss summary Revenues 11,885.4 6,134.8 Core operations revenue 892.0 912.3 Income before provision for income taxes 1,917.9 594.8 Income before provision for minority interest, net 1,140.4 405.5 Net income 1,046.2 402.7 • Monthly subscriptions • Long-distance services • Rent of channels • Installation fees • Internet services • Radio broadcasting • Rent of assets • Telegraph services • Other telecommunication services • Other revenues • Monthly subscriptions for local services • Long-distance services Current rates for the Company’s local services Connection fee (R 000) Subscription (R) Rate per minute for local calls (R) Long-distance services — domestic and international • the type of subscriber (residential, state organisation, corporate); • the time of day and day of the week; • distance.