In 2018, non-recurring charges were recorded: impairment charges for (€53) million compared to (€65) million in 2017 and "Assets disposal, restructuring, and other" charges for (€74) million compared to (€79) million in 2017. These non-recurring items essentially resulted from (i) restructuring measures undertaken in Europe including €26 million of provisions related to German restructuring initiatives announced to the staff representative bodies, (ii) the divestiture of French Drilling Products entities and (iii) impairment charges mainly related to some European assets.
A year ago, the Bucs used their first-round pick on Washington defensive tackle Vita Vea, who suffered a calf injury the first day in pads and missed the next seven weeks. Vea showed promise after returning to record 3.5 sacks. The Bucs also could use their No. 5 overall pick in the NFL draft to select another pass rusher.
● Our Electric segment net income increased 10.1% to $54.4 million from $49.4 million in 2017. ● Our Manufacturing segment net income increased 16.2% to $12.8 million from $11.1 million in 2017. ● Our Plastics segment net income increased 9.8% to $23.8 million from $21.7 million in 2017. ● Our net cash from continuing operations was $143.4 million. ● Capital expenditures at OTP totaled $87.3 million as work continued toward completion on the Big Stone South–Ellendale Multi-Value Transmission Project (MVP). ● OTP issued $100 million aggregate principal amount of its 4.07% Series 2018A Senior Unsecured Notes due February 7, 2048, using the proceeds to repay outstanding borrowings under the OTP Credit Agreement. ● We decreased short-term borrowing by $93.8 million. ● We paid out $53.2 million in common dividends in 2018.
The hazardous conditions led contractors to collectively build extensive on-land prefabrication factories that produce much of the superstructure, with modules then shipped to the work platforms for final assembly.
Utility plant is stated at original cost. The cost of additions includes contracted work, direct labor and materials, allocable overheads and allowance for funds used during construction. The amount of interest capitalized on electric utility plant was $1,206,000 in 2018, $741,000 in 2017 and $495,000 in 2016. The cost of depreciable units of property retired less salvage is charged to accumulated depreciation. Removal costs, when incurred, are charged against the accumulated reserve for estimated removal costs, a regulatory liability. Maintenance, repairs and replacement of minor items of property are charged to operating expenses. The provisions for utility depreciation for financial reporting purposes are made on the straight-line method based on the estimated remaining service lives of the properties (5 to 82 years). Such provisions as a percent of the average balance of depreciable electric utility property were 2.76% in 2018, 2.74% in 2017 and 2.88% in 2016. Gains or losses on group asset dispositions are taken to the accumulated provision for depreciation reserve and impact current and future depreciation rates.
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NORFOLK – Northeast Community College in Norfolk will offer another one credit course in electrical licensing in March.
HUNT: There are rats indeed. You know, there are a lot of hazards down there. I mean, when you get into tunnels that have a – sort of a tight corner, that can be very scary ’cause you can’t see the trains coming around the corner so easily. There are these passengerless (ph) garbage trains that come through. And they don’t really run on a schedule, so they can come up behind you at any time. I was fortunate enough never to have witnessed one of those, but that’s always in the back of your mind. It can be pretty treacherous down there.
Advanced Gas Tungsten Arc Welding (GTAW) TIG (WELD 1994/19S & CRN #23761) will meet Wednesdays, March 11-May 8, from 6-9 p.m. in Room 101 of the Weller Building.
Fayemi says he’s convinced that Nigeria can no longer afford not to process its own resources. “The idea that we must be taking our iron ore out, our gold out, every raw material, for others to add value, and then send back to us to pay probably 10 times what it’s worth when we send them out is unthinkable,” he said.
The photo, according to the probable cause statement, depicted four steel pipes with caps on each end and five CO2 cartridges.
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