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A $2.5 million decrease in North Dakota Environmental Cost Recovery (ECR) rider revenues due to a reduction in the return on equity component of the North Dakota rider from 10.75% in 2017 to 9.77% in 2018, lower federal taxes being recovered through the riders and a lower investment balance for environmental upgrades due to depreciation.
Under the 1999 Incentive Plan and the 2014 Incentive Plan, restricted shares of the Company’s common stock were granted to members of the Company’s board of directors as a form of compensation. All remaining restricted shares issued under the 1999 Incentive Plan vested on April 8, 2017. Under ASC 718 accounting requirements, compensation expense related to restricted shares is based on the fair value of the restricted shares on their grant dates. On April 9, 2018, 18,200 shares of restricted stock were granted to the Company’s nonemployee directors. The grant-date fair value of each share of restricted stock granted on April 9, 2018 was $43.40 per share, the average of the high and low market price on the date of grant. The restricted shares granted in 2018 vest 33.3% per year on April 8 of each year in the period 2019 through 2021 and are eligible for full dividend and voting rights. Restricted shares not vested and dividends on those restricted shares are subject to forfeiture under the terms of the restricted stock award agreement.
This course covers the basics of setting up a company, creating customers, receiving payments and making deposits into bank accounts. Students will work with and create vendors and paying bills. They will also create and edit a chart of accounts for a company, run reports and reconcile bank accounts.
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Other measures include the search for a partner for the Powergen activities dedicated to the coal-fired conventional power plants, including the Reisholz (Germany) and VCHA (China) mills.
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Intermediate Watercolor (ARTS 5163/19S & CRN #70088) will be held Thursday, April 11, from 6-9 p.m. in the same location.
On 19 February 2019, €600 million bank facilities maturing originally in 2020 were extended up to February 2021.
Our strategy is to continue to grow our largest business, the regulated electric utility, which will lower our overall risk, create a more predictable earnings stream, improve our credit quality and preserve our ability to fund the dividend. Over time, we expect the electric utility business will provide approximately 75% to 85% of our overall earnings. We expect our manufacturing and plastic pipe businesses will provide 15% to 25% of our earnings and will continue to be a fundamental part of our strategy. The actual mix of earnings in 2018, 2017 and 2016 was 66%, 68% and 80%, respectively, from our electric utility business and 34%, 32% and 20%, respectively, from our manufacturing and plastic pipe businesses, including unallocated corporate costs.
o Decreased operating and maintenance expenses due to decreasing costs of pension, medical, workers compensation and retiree medical benefits and continued efforts to manage spending. The decrease in pension costs is a result of an increase in the discount rate from 3.90% to 4.50%.
Offered every other year, WE Rise corresponds with the biennial legislative session. More than 150 individuals participated in the event in 2017.
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We take customer-friendly, quality-oriented, integrative, innovative as objectives. Truth and honesty is our administration ideal for Thick Wall Steel Pipe , Structural Steel Pipe , Steel Pipe Welded , We aim to build a famous brand which can influence a certain group of people and light up the whole world. We want our staff to realize self-reliance, then achieve financial freedom, lastly obtain time and spiritual freedom. We do not focus on how much fortune we can make, instead we aim to obtain high reputation and be recognized for our goods. As a result, our happiness comes from our clients satisfaction rather than how much money we earn. Ours team will do best for you personally always.
