Latest news with #balanceSheet
Zawya
25-05-2025
- Business
- Zawya
Ministry of Finance organises workshop on government balance sheet preparation in collaboration with IMF
Exploring methodologies for balance sheet preparation using government financial data Showcasing successful international practices in preparing and publishing balance sheets Assessing federal and local data sources alongside technical improvements in data collection and dissemination Dubai: The Ministry of Finance, in collaboration with the International Monetary Fund (IMF), organised a specialised workshop titled "Preparing the Government Balance Sheet According to the GFSM 2014 Guidelines" in Dubai. The event brought together representatives from the Ministry of Finance, the Central Bank of the UAE, the Federal Competitiveness and Statistics Centre, and local financial departments nationwide. Delivered over four days by IMF experts, the workshop aimed to strengthen the technical competencies of government staff and enhance their ability to accurately collect, process, and publish government financial data. It also aimed to support the institutional cooperation and coordination among relevant authorities and benefit from the IMF expertise to enhance the quality of financial data and boost transparency as well as competitiveness at both regional and international levels. Efficiency of financial planning HE Saeed Rashid Al Yateem, Assistant Undersecretary for Government Budget and Revenue Sector at the Ministry of Finance, stated that organising the workshop reaffirms the UAE's commitment to constantly developing public financial statistics by not only adopting international standards but also providing a specialised training environment to enhance government entities' readiness for accurate and transparent balance sheet reporting. 'The balance sheet is a strategic tool that supports decision-makers. It offers a comprehensive view of government assets and liabilities, thereby improving financial planning efficiency and enabling the effective and sustainable allocation of resources,' Al Yateem said. He added, 'The workshop provided an opportunity to identify technical needs and develop a unified national vision among federal entities and state-level financial departments regarding the methodology for preparing the balance sheet report. We are committed to developing financial statistics in partnership with international institutions to strengthen financial system transparency and reinforce the UAE's leadership in financial governance.' International recognition IMF experts commended the high level of engagement and commitment demonstrated by UAE government departments. They emphasised the fundamental role such workshops play in accelerating progress toward preparing balance sheets in line with international standards and lauded the country's efforts to strengthen modern financial governance practices. Agenda of meeting The workshop discussed a series of themes including the theoretical framework of government financial statistics, components of the balance sheet, and methodologies for preparing balance sheet reports based on government financial data. It also highlighted successful international experiences in compiling and publishing balance sheet data, assessed data sources at both federal and local levels, addressed institutional and technical improvements in data collection and publication, and discussed a national roadmap for the phased implementation of the balance sheet, aimed at enhancing transparency and improving the quality of government financial statistics. Strategic orientation These efforts align with the UAE's strategic vision to enhance financial transparency, adopt the latest international standards, and establish leadership in government financial reporting, in accordance with the objectives of the "We the UAE 2031" vision.
Yahoo
24-05-2025
- Business
- Yahoo
CorVel Full Year 2025 Earnings: EPS: US$1.85 (vs US$1.48 in FY 2024)
Revenue: US$895.6m (up 13% from FY 2024). Net income: US$95.2m (up 25% from FY 2024). Profit margin: 11% (up from 9.6% in FY 2024). The increase in margin was driven by higher revenue. EPS: US$1.85 (up from US$1.48 in FY 2024). We check all companies for important risks. See what we found for CorVel in our free report. All figures shown in the chart above are for the trailing 12 month (TTM) period In the last 12 months, the only revenue segment was Managed Care contributing US$895.6m. Notably, cost of sales worth US$685.9m amounted to 77% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$88.9m (78% of total expenses). Explore how CRVL's revenue and expenses shape its earnings. CorVel shares are down 2.9% from a week ago. Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on CorVel's balance sheet health. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
24-05-2025
- Business
- Yahoo
easyJet First Half 2025 Earnings: UK£0.40 loss per share (vs UK£0.34 loss in 1H 2024)
Revenue: UK£3.53b (up 8.1% from 1H 2024). Net loss: UK£297.0m (loss widened by 16% from 1H 2024). UK£0.40 loss per share (further deteriorated from UK£0.34 loss in 1H 2024). We check all companies for important risks. See what we found for easyJet in our free report. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Airlines industry in Europe. Performance of the market in the United Kingdom. The company's shares are up 2.1% from a week ago. While earnings are important, another area to consider is the balance sheet. See our latest analysis on easyJet's balance sheet health. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-05-2025
- Business
- Yahoo
easyJet First Half 2025 Earnings: UK£0.40 loss per share (vs UK£0.34 loss in 1H 2024)
Revenue: UK£3.53b (up 8.1% from 1H 2024). Net loss: UK£297.0m (loss widened by 16% from 1H 2024). UK£0.40 loss per share (further deteriorated from UK£0.34 loss in 1H 2024). We check all companies for important risks. See what we found for easyJet in our free report. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Airlines industry in Europe. Performance of the market in the United Kingdom. The company's shares are up 2.1% from a week ago. While earnings are important, another area to consider is the balance sheet. See our latest analysis on easyJet's balance sheet health. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Bloomberg
22-05-2025
- Business
- Bloomberg
NY Fed's Perli Sees Early Signs of Pressure in Money Markets
The manager of the Federal Reserve's massive portfolio of securities said the central bank's effort to reduce the size of its balance sheet is beginning to place pressure on the market for repurchase agreements. That pressure likely means the Fed's tools for controlling short-term interest rates will become increasingly important, Roberto Perli, manager of System Open Market Account at the New York Fed, said in prepared remarks Thursday.
