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"thosebonds" - 1 õppematerjal

Business english
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Business english

preliminaryresultsorprelims. Thefullreport and accounts are Publisher fewmonthslater. Interimresultsorinterims arter thefirstsixmonths of ourfinancialyear.Weuseshareholdersmoneyfromthesharesthatweissuetooperate and investinthebusiness. Some of theprofitwemakeisnormally paid outtothem, usuallyintheform of dividendsinrelationtothe number of sharesthattheyeachhold. Ourshares are traded ­ boughtorsold ­ on the London stock market. Weborrowmoneyintheform of bonds. Wepaypercentageinterest on thosebonds and thenlaterrepaytheprincipal ­ theamount of moneyoriginallylenttous. Ourbonds are traded on bondmarkets. Wealsoborrowmoneyfrombanksintheform of loans, and wepay internest on thislending. Ofc, ourshareholders, bondholders and lenders all take a keen interestinouraccounts. Theresultswepublishcanaffectshareprices; goodresultscausepricestoriseifthe market believesthecompanyisundervalued. However, poor resultsoftencause a dropinshareprice, asinvestors feel thecompanyisovervalued

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