ESMA warns companies to disclose DB assumptions in accounts
“As the discount rate is usually considered a significant actuarial assumption, ESMA expects issuers to disclose any significant judgements that management has made in its determination in accordance with paragraph 122 of IAS 1 – Presentation of Financial Statements,” it said.“In addition, issuers should provide disaggregation information on plans and fair value of the plan assets when the level of risk of those plans is deemed to be different as required by paragraphs 138 and 142 of IAS 19.”The regulator further noted that the financial impact of IAS 19 revisions – which saw changes introduced that affected how companies could smooth expected returns of DB funds – should be disclosed in an additional statement.,WebsitesWe are not responsible for the content of external sitesLink to ESMA’s European Common Enforcement Priorities The European Securities and Markets Authority (ESMA) has warned financial regulators they must guarantee that companies publish the actuarial assumptions underlying their pension liabilities to ensure a consistent approach to reporting across the European Economic Area (EEA).Publishing the European Common Enforcement Priorities for 2013, ESMA chairman Steven Maijoor noted that a consistent approach was important to allow the accuracy on which investors relied.“Considering the focus on asset quality in the financial sector, listed financial institutions and their auditors should pay particular attention to properly measuring financial instruments and the accurate disclosure of related risks,” he added.The regulator said in its statement that it would like to remind issuers of the “importance of disclosing the significant actuarial assumptions” used to calculate the present value of any defined benefit (DB) obligations incurred by the company.
Thibodeau called Deng “the ultimate glue guy,” “our best leader” and “the ultimate pro.” Meanwhile, Deng called Thibodeau “one of the best coaches I played for” because of his organization skills and his ability to have players execute his vision, something Deng believes will positively influence Minnesota. Deng, who still communicates regularly with Thibodeau, said it “meant a lot to me” that his former coach disapproved of the Bulls’ deal.“The best leadership is really the things that you do. Often times guys will say all the right things and do none of them,” Thibodeau said. “Luol is not overly vocal, but when there’s something important to be said, he’ll say it.”That includes Deng’s level-headed take on his play thus far.“I’m always a player that is trying to figure it out,” Deng said. “I have to keep on seeing how I can be most effective.” Newsroom GuidelinesNews TipsContact UsReport an Error In the Lakers’ 125-99 loss to the Timberwolves on Sunday at Target Center, Deng scored 13 points by showing more efficiency from the foul line (7-of-7) than from the field (2-of-5). But the 12-year NBA veteran has only averaged 5.6 points on 30.6 percent shooting, a far drop from his career average (15.4 points on 45.7 percent shooting) and last season’s output in Miami (12.3 points on a 45.5 percent clip).“I’m still trying to be consistent,” Deng said. “I’m not really satisfied with where I’m at.”Walton hardly sounded worried about Deng’s early hiccups and has told Deng he “wants him to keep shooting,” partly because of his resume and partly because Walton thinks those misses came on “good looks.” Walton also said he’s “confident he’ll get past that.”“Everyone is going to get different amounts of shots from different areas each night. It is harder in that sense to know when your shots are coming,” Walton said. “But he’s a professional, in the gym and working every day before practice and staying afterwards getting treatment. I’m not concerned with him starting to knock down his shot again.”That issue did not play out with the Bulls. There, Deng remains the fourth-leading scorer in franchise history after the seventh overall pick in the 2004 pick was acquired from Phoenix via trade. He offered more than that, though.
MINNEAPOLIS >> The superlatives rolled off Tom Thibodeau’s tongue. The Minnesota Timberwolves coach could not praise Luol Deng enough for his productivity, training habits and team mindset during their time together with the Chicago Bulls (2010-14).Lakers coach Luke Walton offered similar compliments and has sought out Deng’s opinion on various matters.Those qualities explain why Thibodeau lamented Deng’s absence when the Bulls traded him in the 2013-14 season to Cleveland for cost-cutting purposes. Those qualities also influenced the Lakers to sign Deng to a hefty four-year, $72 million deal in free agency last summer.From a production standpoint, however, the Lakers have not received early returns on their investment. 
Defence player of Schalke Sead Kolašinac could play for BiH football team in future if he gets BiH citizenship, which he applied for, said Safet Sušić to FENA.Sušić added that Kolašinac is a good player and would serve BiH well, and added that he hopes that the paper work related to Kolašinac’s citizenship will be over by the match of BiH and Slovakia..For the qualifying match with Greece, all the players should be able to play, and there is a possibility that Sejad Salihović, who’s recovering from an injury, could play as well.Sušić added that on 7 March he’ll announce the composition of the team which will play against Greece.
Expect anything less? The Patriots don’t. The Patriots remained one of the NFL’s four unbeaten teams Monday night – and, so far, the best of the bunch – by beating the Cincinnati Bengals, 34-13, with a performance that showed their versatility. They’ve only just begun. “I think we’re doing more as an offense,” said Morris, who ran for 117 yards – the second-best total of his career – and a touchdown. “We just want to keep it going.” New England (4-0) is off to its best start since 2004, when it won the Super Bowl for the third time in four years. An offense energized by the addition of receivers Randy Moss, Donte’ Stallworth and Wes Welker showed it can grind it out, too. NFL: QB throws for three TDs and Morris rushes for 117 yards in rout of the Bengals. By Joe Kay THE ASSOCIATED PRESS CINCINNATI – Tom Brady had three more touchdown passes. Sammy Morris had one of his best games. The New England defense had its way. Especially against a team like the Bengals (1-3), who had trouble just getting a defense on the field – and counting to 11 while they were at it. Cincinnati’s performance was so maddening, Coach Marvin Lewis screamed at his players in the locker room for several minutes. “If you don’t want to be on this team, please don’t show up!” Lewis yelled, so loud reporters outside could hear. “You don’t call the offense; you don’t call the plays. You just play. “Nowhere in the NFL do guys act like this. We’ve got to figure this out.” There was plenty to get him screaming mad. Cincinnati was missing middle linebackers Ahmad Brooks and Caleb Miller, leaving a big hole in one of the league’s worst defenses. When Lemar Marshall hurt an Achilles’ tendon in the first quarter, the Bengals moved rookie safety Chinedum Ndukwe into a linebacker spot. It was an invitation to run the ball right through the middle of the defense – which is exactly what the Patriots did. “We go into the game and see what’s working,” Morris said. “We were able to grind it out, so we kept at it.” The Patriots had more linebackers in their offense on goal-line plays than the Bengals had in their defense on many plays. And one of the Patriots – Mike Vrabel – caught a 1-yard touchdown pass in a Super Bowl flashback. Missing their top runner didn’t slow the Patriots. Morris, an eighth-year journeyman playing for his third team, got to take center stage because Laurence Maroney was out with a strained groin. He had the second 100-yard game of his career, including a 7-yard touchdown run on fourth-and-1 that put the Patriots in control in the third quarter. Morris’ 49-yard run – the second-longest of his career – set up Brady’s 1-yard touchdown pass to Vrabel, who has nine career catches, all for touchdowns. Two of them have come in the Patriots’ Super Bowl wins. Brady, the two-time Super Bowl MVP, didn’t have to do anything sensational against a depleted defense. He was 25 of 32 passing for 231 yards, including touchdown passes of 7 and 14 yards to Moss. Moss had nine catches for 102 yards. He’s the first player in NFL history to have 100 yards in receptions in each of his first four games with a new team. “He was a great player before he got here,” Brady said. “He’s still a great player. He adds a lot to this offense.” Brady has had many great moments for the Patriots, but has never been this good for this long. He leads the league with 13 touchdown passes, his best total in any four-game span of his career. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!
Share Facebook Twitter Google + LinkedIn Pinterest With his mother teaching at Bluffton College, Dan Radebaugh had some pressure to continue his education after high school, but even from a young age Dan knew he would be taking a different route. Growing up in a rural community he spent time at his grandfather’s farm and worked on dairies or baled hay and straw throughout high school, but the one business in town that he really admired was the livestock trucking company. Dan knew it was the one thing he wanted to pursue; and today — after 40 years of running Radebaugh, Inc. Trucking — he and his son, Brandon, are glad that he did.“There was a trucking company in Pandora when I was growing up and that’s what they did. Back then, everybody had livestock around here and it was something I always wanted to do,” Dan said. “It just happened about the time I graduated there was a fellow in Mt. Blanchard who wanted to sell out and I heard about it. It took about a year to put a deal together so I had just turned 20 years old when I started.”A building in Pandora was up for sale at the same time, so it was purchased as well and Radebaugh Trucking had found its home. Dan still recalls getting started that first month back in 1976, loading the last pick-up truck to move things to the new location and being told he’d never make it. Luckily he didn’t take the comment too seriously and while the company has shifted in both size and focus over the years, he has never lost his drive.“When I started out, J.H. Routh was our main packing house at the time — but there were a lot of packing plants in Ohio back then,” Dan said. “In the 80s a lot of packers went out, but we were the about the only trucking company that hauled into Routh so we’d have six or eight loads a night going in. Then in the 90s the stockyards started to close and a lot of farms got out of livestock.”As smaller farms exited the livestock business, others got bigger and many bought their own trucks, changing the demand for livestock transportation.“Through the years we’ve been up and down. We started with five trucks and six trailers. I worked my way up to 12 trucks and trailers, then we downsized and now we’re back to running seven trucks. We’ve grown recently because Brandon has gotten involved,” Dan said.Radebaugh Trucking adapted to the change and has continued to remain flexible to the demands of the industry. As a result, their trucks — and the Radebaughs themselves — have traveled countless routes across the U.S.Over the years they have made runs to North Carolina to bring pigs back to Indiana, hauled hogs to Iowa, taken cattle to Illinois and covered routes for packers in Green Bay and one in Michigan that they still cover today. At one point, they made frequent trips to export markets in Delaware and Maryland, unloading animals into quarantine to be inspected before loading them on ships to Turkey, Russia, China and India. When the exports slowed again they took on routes to Pennsylvania and weekly loads of sows to Tennessee.The Radebaughs take great pride in what they do and have captured hundreds of pictures of where they have been. For each photo of their trucks at a stock yard, boat dock, or unique farm, there’s a memory of a customer and the friends they have made — making it very befitting that Dan attributes success in the trucking business to relationships.“Service is the only thing I have to provide,” Dan said. “With livestock hauling there’s a level of loyalty, it’s not always just the lowest bidder. I want that guy to call me again because he likes us. We treat them right, they’ll call us again — that’s my mentality; and we have some really great customers that keep calling.”The loyalty factor flows over to their employees who both Dan and Brandon agree are currently some of the best they have had. Many have ties to agriculture and like working with the animals. They believe their employees are a harder working group then other sectors of the trucking business.There are some significant difference between livestock hauling and semis that carry cargo. And the regulations for drivers and rigs seem to change continuously.“Since I’ve been in the business, biosecurity is the biggest change,” Brandon said. “There is a lot more washing down trailers and biosecurity protocol like wearing disposable boot covers at the plants. The set-up of the trailers has changed a little to make them easier to clean and there’s an additional door on the side so we don’t have to be on their ramps.”Beyond simply having biosecurity knowledge, drivers are now asked to take and pass exams to become certified in Transportation Quality Assurance as well as Beef Quality Assurance.Radebaugh Trucking hauls hogs and cattle to locations all across the U.S.“Drivers aren’t real excited to take those tests. It’s something they’ve been doing forever and now all of a sudden they need to get certified,” Brandon said. “It can also be challenging to keep everything straight and make sure we’re doing things the way that everyone wants or requires.”With such a lengthy list of regulations and changing requirements, Radebaughs use a consultant to stay in compliance with the Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA). In addition to their own specialized certifications, livestock haulers fall under FMCSA’s umbrella for regulation that seems to always be increased with little to no exemptions for the different sectors of the industry. Hauling livestock is a unique situation and comes with its own challenges and time restrictions. And, log books can be especially challenging for livestock haulers.“The hardest part of driving a truck is trying to find a place to sleep, if you run down the interstate at night and look there are trucks parked everywhere on the on ramp because everything’s full. I don’t know how many times I’ve pulled in somewhere and can’t find a place and I have to keep going,” Dan said. “It can also be hard to get from point A to point B on the allotted amount of time they allow us. The logs base everybody under the same umbrella, but we all do different things. Somewhere along the line there needs to be some give and take between hauling livestock and what the fellow down the street hauls.”There are significantly more factors to be taken into consideration when hauling livestock compared to freight and other commodities.“The best thing for the animal is to get him there, get him back on the ground and acclimated to his new home. We need to be looking more at the humane way to treat the animal,” Dan said. “Where are we going to unload them at? Is it going to be good on that animal?”Along with increased regulation, Dan has also seen increased costs in 40 years. He recalls being able to purchase a truck and trailer for around $40,000 in the 70s. Today, those prices are close to $90,000 for a trailer or $140,000 for a truck, making it a large investment to expand the company. Diesel has seen its highs and lows, but tires and other equipment remain high.“With some of our good customers I lower the rates a bit when we can afford to, but for the most part when diesel fuel was $4.50 a gallon I didn’t ask for more money and now when it’s $2.50 it’s a chance for us to make up for that,” Dan said.The changes and challenges from Dan’s 40 years in the business have done little to deter Brandon from getting more involved as trucking has become his ideal career.“For the most part, this is always what I wanted to do. We do it for the love of it, there’s passion. I want to work with animals; driving a truck is fun for me,” Brandon said. “I’d like to keep the business growing and see what happens.”
Essential Reading! Get my first book: The Only Sale Guide You’ll Ever Need “The USA Today bestseller by the star sales speaker and author of The Sales Blog that reveals how all salespeople can attain huge sales success through strategies backed by extensive research and experience.” Buy Now The email in my LinkedIn inbox is titled: Re: Killing the Cold Call. The opening line reads, “I hate cold calling as much as you do.”Know this: There is no difference between a cold call and a cold email. You still don’t know the person you are contacting. That person still isn’t waiting for you to communicate with them. And you still have to ask for some commitment to engage with them.There is a reason this person hates cold calling: Her approach is terrible (even though she probably didn’t choose this approach herself). There is a reason that we delete emails like this one.First, the person sending this to me made no attempt to personalize the email. She sent me a form letter that she copied and pasted. There was nothing here that even hinted that she knows enough about me to create value. How again is this better than a cold call?Second, had she Googled my name and the words “cold calling,” she might have discovered I wrote an eBook titled, How to Crush It, Kill It, and Master Cold Calling Now. I have a rather strong opinion about the value of using the telephone. I might be someone with an exceedingly low lead score or probability of buying her product.Finally, had she clicked the contact box on my LinkedIn profile, she would have found my phone number. And if she really wanted my attention, she would have called.It is strange how few salespeople call me. This one group that sells to speakers called me. They used a terrible, non-value-creating script, but at least they tried. InsideSales.com also called me (I like that they practice what they preach, even though I am a terrible prospect for them, and they should remove me from their list). Other than that, no one calls. Instead, they just send terrible emails, most of which Google recognizes as spam, the rest of which I delete.You might want to think about getting good at using the phone. You will be a very small class of your own, and you’ll absolutely get more appointments faster than any of your competitors who are afraid of the phone.Software isn’t killing the cold call. Lots of us are still wildly successful using it. The only thing dying is your sales (and maybe your business).The silence you still hear is still the sound of your phone not ringing. And staring at your inbox isn’t going to win you new deals either. Stop looking for easier answers and do the work you need to do to succeed.
Welcome to the Nate Silver portion of this broadcast. The CFB Playoff rankings were released on Tuesday evening, and Oklahoma State slithered up to No. 11 in the new top 25. This feels significant. Just seven spots back with three weeks still to go. There’s a chance, right? There’s a possibility OSU could get into the top four.Truthfully, I don’t think there is barring the most absurd final three weeks we have ever seen in recent years. But technically, yes, there is. Here is what Silver’s 538 model says about OSU’s chances. This is the best I could do this week without breaking the model. Maybe you can do better.
Side note: Is Washington State (!) which lost to a FCS team (!) going to make the CFB Playoff??The path for the Big 12 (i.e. OSU) is probably something like this, as Sharon Katz laid out in this ESPN Insider article.The Big 12 champion wins outMichigan or Ohio State wins the Big TenThe Pac-12 champion has two or more lossesLouisville loses againThis is basically what Matt Hinton says as well although he thinks the Pac-12 champion needs to have three losses. So Washington State would have to beat Washington and Colorado and then lose in the Pac-12 title game. Or something like that. You can see the schedules of the teams OSU needs to lose just below.
The point is that the path to the CFB Playoff for a Big 12 champion is pretty haggard which is really a shame for any conference champion. The answer to the question in the headline, by the way, is, “no, not unless something apocalyptic happens at the end of November.” If you’re looking for the comments section, it has moved to our forum, The Chamber. You can go there to comment and holler about these articles, specifically in these threads. You can register for a free account right here and will need one to comment.If you’re wondering why we decided to do this, we wrote about that here. Thank you and cheers!
About the authorPaul VegasShare the loveHave your say Liverpool boss Klopp snappy over claims Man Utd underdogsby Paul Vegas7 days agoSend to a friendShare the loveLiverpool boss Jurgen Klopp has played down their favourites tag against Manchester United.The two fierce rivals will go toe-to-toe at Old Trafford on Sunday.”On Sky you made a combined line-up and had 11 players of Liverpool. It’s like a joke, like building a banana skin,” Klopp said in his Friday press conference.”The world at the moment is like a circus, and we are at the centre. I’m not influenced by it. I am 100 per cent sure of the strength of Manchester United.”The German also casted doubt on the injuries of Paul Pogba and David de Gea who have been ear-marked to miss the encounter.He added: “Yesterday, Pogba and De Gea there is ‘no chance’. Today it is ‘maybe’, tomorrow it is ‘a chance’!” 
Hong Kong-based satellite operator AsiaSat has named Ina Lui as vice-president of business development and strategy, responsible for driving new business and strategic initiatives.Ina LuiLui was previously managing director, sales, Asia Pacific at ABS. She has previously also worked for Intelsat, PanAmSat and Hong Kong Telecom.AsiaSat CEO Roger Tong said: “I am delighted that Ina has joined our management team. Ina’s wealth of experience and knowledge will be a great asset to the company. I am confident that her leadership will drive new opportunities for our business growth as we continue to expand our services and activities across the region.”The latest appointment follows the naming of Tong as AsiaSat’s new CEO in April. Tong, previously VP, engineering and operations and chief technical officer at the Hong Kong-based satellite operator, replaced Andrew Jordan, who had served as chief executive for the previous year and a half.
Source:https://www.bath.ac.uk/announcements/take-off-for-european-space-agency-funded-rehabilitation-project-at-the-university-of-bath/ Reviewed by James Ives, M.Psych. (Editor)Jan 8 2019A joint European Space Agency (ESA) – University of Bath project has been launched that aims to inform ESA’s operational experts who develop and implement exercise countermeasures for astronauts.ESA has a long-term interest in human missions to the Moon, both to explore the surface itself and as an operational testbed for future planetary explorations to Mars and beyond.To date, however, very little is known about the physiological and biomechanical effects of life in low gravity and whether Lunar (0.16G) and Martian (0.38G) gravity is sufficient to maintain the long-term integrity of important physiological systems, such as muscles, bones, cardiovascular system.The ESA and University of Bath co-funded PhD, which will for the first time will use computer simulations as well as anti-gravity devices, aims to estimate the forces experienced internally by lower limbs when the body is subject to different gravity environments. Specifically, it will map the variation in external loads, muscle strength and the reduced gravity effect to see how these interact when it comes to different forms of human locomotion.The work has wider potential and a terrestrial spin-in, too. This includes improving and refining rehabilitation programmes for those, for example, recovering after a sustained period of bed rest following surgery.James Cowburn from the University’s Department for Health, whose PhD is funded by the programme explains: “I hope that through this PhD we can inform rehabilitation to a higher standard both for those who are recovering from a sustained period of bed rest and/or orthopaedic injuries. This is a particularly exciting project to be involved in, with the potential for really significant impact in the years to come.”Related StoriesOlympus Europe and Cytosurge join hands to accelerate drug development, single cell researchDiet and physical exercise do not reduce risk of gestational diabetesTAU’s new Translational Medical Research Center acquires MILabs’ VECTor PET/SPECT/CTDr Salo added: “Anti-gravity devices are used by endurance runners and people in rehabilitation after lower limb injuries. We need to understand better how much strain can be reduced by these devices and what rate the load can be increased during the rehabilitation.”We hope that this is the first step towards a closer and long-term research relationship between ESA and the University of Bath on this area, which can be expanded to advise how the human body reacts to low gravity if and when astronauts go back on the moon.”The project is part of a wider ESA Network / Partnering Initiative (NPI) which aims to foster closer interactions between the ESA and European universities, research institutes and industry for research on advanced technologies with potential space applications.Future human spaceflightUniversity alumnus and Medical Project Team Lead within the Space Medicine Office of the European Astronaut Centre at the ESA, Dr Jon Scott, added: “To better understand the effects of the space environment on human physiology and the challenges that ESA astronauts are likely to face during future exploration missions, we are actively engaging with academic institutions from across ESA’s Member States.”We are very pleased to have established this joint project with the University of Bath and to have access to the world-class expertise contained within its Department for Health. We look forward to a productive co-operation with the University and are confident that the findings generated by the project will make a significant contribution to both terrestrial rehabilitation and human spaceflight knowledge”.