Wednesday 28 March 2018

Forex ticaret eğitimi



15 de novembro de 2014 por Igor.
Birikmiş kazanç vergisi% 39,6 olarak etiketlenmiş ve bir firmanın geçmiş yıl karlarından üzerine tarh bir ceza, vergi, yani mantıksız ve normal düzenli, ya da sıradan sayılır. Birikmiş kazanç vergisi temelde kazanç istinat yerine temettü beyan firmaların teşvik verilir.
Bekleyen ve şirket operasyonlarında üstün veya yeniden yatırım olarak kitap göstermeye devam etmektedir denge ile ilgili sorunların çözümünde kullanılan kazançları üzerinde bir vergi olarak, birikmiş kazançlar üzerindeki vergi üzerinde ve genel yukarıda çalıştı / Düzenli kurumlar vergisi. Ancak nedeniyle belirli çeyrekte birikmiş kazanç miktarı gelir vergisi toplam miktarına bir etkisi olabilir akılda tutulmalıdır.
Bazen onun hala bazı şirketler ona göre kazanılan temettü üzerinden vergilendirilir olmaktan hissedarları kaydeder birikmiş olan kar karşı vergi ödemek için tercih ettikleri görülmüştür. Vergi koşulları da bu alanda geçerli yerel yargý göre zaman zaman değişmiş.
Federal hükümet olumsuz ikna veya beyan ve temettü ödemek için bir şirket üzerinde aşırı baskı yatırımcıların vazgeçirmek için bu vergi tanıttı. Bu vergi temettü beyan şirketleri etkileyen ve kazanç korumak değil eğilimindedir.
Bu vergi koyma için argüman şirketleri bu bir sonucu olarak, hisse senedi fiyatı bir yükseliş tanık olduğunu. Bununla birlikte, bu pay bakış açısından yarar olmaktadır; sermaye kazançları doğan vergiler temettü vergileri ile karşılaşlırıldığında daha düşük olur çünkü; bu ancak bu vergi gelirleri yokuş aşağı gitmek yapar bariz bir nedenle hükümet için iyi haber gelmiyor.
Bir firmaların üzerine ekstra vergi Tutulan ekleyerek kazanç olarak, vergi makamları onlardan önce iki alternatif var; onlar şirketten daha fazla vergi toplamak veya sırayla pagar sahiplerinin vergi yükünü koymak hangi, temettü beyan söyleyin ve hükümet şirketleri veya firmaların onu toplama eerine hissedarları gelen vergi toplayacak ya.

Yurtdışı Forex Gelirinin Vergisi Var Mı?
Forex Piyasasında Para Kazanmak, Vergi Yükü Getirir mi?
Herkese tekrar merhabalar. Bu yaz & # 305; mda yine & ccedil; ok s & # 305; k ak & # 305; llara gelen ve bana da s & # 305; k & ccedil; a sorulan bir soruyu cevapland & # 305; raca & # 287; & # 305; m.
& Ouml; nce bunu T & uuml; rkiye a & ccedil; & # 305; ndan de & # 287; erlendirirsek, forex piyasas & # 305; nda para kazan & # 305; p bunun vergisini & de, decão ben hen & uuml; z duymad & # 305; m . Bu konu hakk & n 305; nda a & ccedil; & # 305; k bir yorumlama da yok, fakat arac & # 305; kurum nezdinde nas & # 305; l borsa ve viop i & # 351; lemlerinde otomatik vergi, stopaj al & # 305; n & # 305; yorsa, forexte al & # 305; nmad & # 305; & # 287; & # 305; na g & ouml; re , gelir beyan edip & saquinho de biraz sa & ccedil; ma duruyor. Zannedersem forex gelirlerinizi gider de vergi dairesine gelir beyan ederseniz, devletimiz de & ldquo; hay & # 305; r bu gelir de & # 287; ildir, Allah a & # 351; k & # 305; na & demeter; demez, muhtemelen al & # 305; r vergisini & # 128578;
Yurtd & # 305; & # 351; & # 305; nda bir forex hesab & # 305; a & ccedil; t & # 305; n & # 305; z. & # 304; & ccedil; erisine 1000 dolar fonlama yapt & # 305; n & # 305; z. Ba & # 351; ar & # 305; l & # 305; I & # 351; lemler ile hesab & # 305; n & # 305; z & # 305; 1500 dolara & ccedil; & # 305; kard & # 305; n & # 305; z. Yani 500 dolar kar & # 305; n & # 305; z var. Hesab & # 305; n & # 305; zdan 1500 dolar & ccedil; ektiniz. Ve i & # 351; te bomba. Hesab & # 305; n & # 305; z, gelirinizden% 10 vergilendirme sonras & # 305; 50 dolar kesilerek 1450 dolara iniyor.
Durun, aka yapt & # 305; m, ben & # 351; u ana kadar bir & ccedil; ok farkl & # 305; & uuml; lkede onlarca kurumda i & # 351; lem yapm & # 305; & # 351; & # 305; md & # 305; r, daha forex i & # 351; lemlerinden vergi alan & uuml; lke ne duydum ne g & oum; rd & uuml; m ne de Okudum.
O Forex i & # 351; lemleri teknik olarak D & ouml; viz al & # 305; m sat & # 305; m & # 305; na girdi & # 287; inden ve d & al. # 305; m sat & # 305; m & # 305; ile kar etmek & uuml; lkelerin hi & ccedil; birinde ticari kazanca girmedi & # 287; inden bu piyasalarda yurtd & # 305; & # 305; nda vergi & ouml; demezsiniz. Paray & # 305; eksiksiz olarak banka hesab & # 305; na rahatl & # 305; kla g & nml; nderebilir veya kredi kart & # 305; n & # 305; za geri & ccedil; ekebilirsiniz.
SCHLAGWORTE forex vergisi forexte vergi cezası var mı Yurtdışı Forex Gelirinin Vergisi Var Mı? eurtdışında forex vergisi var mı.
Yurt Dışı Forex Firmalarını değerlendiriyor, não veriyor ve başarılı bulduğum firmalar için hesap nasıl açılır konusunda sizi bilgilendiriyorum.

Guida analisi tecnica forex.
Sistema de comércio de cérebro 7.
Forex gelir vergisi.
Dieser Forex-Trainingsartikel wird sehr wertvoll sein. Haben wir 3 klare Zyklen 2. Haben Diese 3 Zyklen traten im Laufe de 3 ou 4 Tagen auf 4. Es ist wichtig zu erinnern, warum da Regeln vorhanden sind. Da alle Trends im Forex-Markt nicht dasselbe sind, ist es wichtiger, das Prinzip hinter den Regeln zu verstehen und nicht eine strenge Einhaltung der Regeln, egal foi. Im Allgemeinen ist der wichtigste Teil der oben genannten Regeln Nummern 3 Amp 4. Wann ist der Handel genommen und was genau sind wir auf der Suche nach einem Handelseintrag zu signalisieren. Im Gegensatz zu irgendeinem anderen Configuração nehme ich aber, ich nehme diese Umkehrtrades ohne eine hohe Wahrscheinlichkeit área Das Ende Dieser Box markiert das Ende der asiatischen Sessão. Sie fangen an, sich im Laufe der Stunden zu sammeln. Warum ist morre getan Um den Markt zu fahren, verwenden sie den sogenannten Orderauftrag. Wenn morre geschieht, geht der Rest des Marktes auf den agressiven Kauf zu denken, dass sie das Boot fehlen. Banken brechen durch hohe Wahrscheinlichkeitsstufen, um Stopps zu nehmen und zu akkumulieren oder zu beenden. In der Tabelle unten ist die graue Box auf der linken Seite die gleiche Asiantische Session Box, die Sie in den Charts oben sehen. Die Tallerskinnier Box ist die AM Eastern NY Sitzung Zeit Block. Am besten sollten Sie erwarten, morre einmal pro Woche pro Paar zu sehen. Sie handeln Forex und arbeiten einen Vollzeitjob. Não pode ser usado para resolver problemas. Forex ist alles und alles, aber ein reiches schnelles Schema. Es dauert eine logische und solide Devisenhandelsstrategie, um forex rentabel zu handeln. Também werde ich einen Umkehrhandel sezieren und Ihnen genau zeigen, wie sich Umkehrungen bilden und warum. Es gibt drei Teile zu einer Umkehrung: Es gibt viele verschiedene Arten von Unentschieden-Kerze. Ein Handel ist irgendwo in der zinsbullischen Tendenz eingetragen. Hier ist ein Umkehrhandel in seine drei Teile zerlegt: Machen diese Pfeile nein, absolut nicht. Die Pfeile, die du auf deinem Planeja se wirst, werden niemals neu lackieren. Das ist wirklich quote recaintquot. Também são os mesmos que não são hier ganz klar sein. Hinweis - das ist ein Indikator, kein EA e outros automatisierter Roboter. Deshalb bin ich auf eine Mission gegangen. Nun, das ist kein Problema com REVERSÃO FOREX. In der Tat ist eine Kombination von Techniken im Wesentlichen, foi bestimmt, ob man morrer Schwelle des Vertrauens chapéu, um einen Handel na entriesgengesetzte Richtung zu betreten. Nun, das ist jetzt in die FOREX REVERSAL umgesetzt worden. Die FOREX REVERSAL liefert super genaue Pfeile, mit einem Unterschied. Sobald morre Pfeile erscheinen, STICKEN sie. Kein Verschwinden, kein Verstecken, kein Bewegen, kein Weggehen keine Ausreden. O du siehst wast era du kriegst. 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Die Videos stellen das neue Mitglied dem Broker, der Handelsplattform und den damit verbundenen Vorteilen vor, dort zu handeln. Einige verlangen, dass Sie eine Einzahlung machen, Bevor Ihr Demo-Konto aktiviert ist. In diesem Sinne empfehlen wir die Verwendung der folgenden Broker, wenn Sie bereit sind, loszulegen. Nehmen Sie sich einen Moment, um heute zu besuchen, um herauszufinden, foi youve fehlte. TradeRush Nur ein Stunden-Demo-Konto, auch nach Ablagerung. Melden Sie sich bei unserer E-Mail-Liste an, um auf dem Laufenden zu bleiben. Um loszulegen, empfehlen wir Ihnen, die vier Broker, die oben beschrieben wurden, genau zu betrachten. Diese Website ist keine finanzielle Beratung oder ein Angebot von finanziellen Beratung. Wir sind nur Information und Unterhaltung. Kein Handel wird angeboten ou angefragt von BinaryTrading. Handel auf eigene Gefahr. Die Zitate, die auf Dieser Website entalten sind, werden nicht durch den Austausch, sondern durch die Market Maker bereitgestellt. Sehen Sie unsere gesamte Política de privacidade. Im Gegensatz zu diesen Seiten bieten wir eine transparente Handelsumgebung, in der ALLE Informações em echter Echtzeit angezeigt werden. Social Trading Plattformen und Features, die von einer Reihe von Brokern betrieben werden. TradeConnect und Copy Trading - Warten Sie bis Apple Inc. Sollten Sie warten, bis das Einkommen vor dem Kauf Apple-Aktie Flickr Grundlagen scheinen, eine voreingenommen Kult folgend haben. Em einem Versuch, das zu umgehen, werde ich mich darauf konzentrieren, era das Marktteilnehmerverhalten anzeigt. Eine Fallstudie ignoriere die Weihnachts - und Neujahrsrallye. Mehr als 50 der Zeit der Markt driftet niedriger. Januar fiel am dritten Freitag des Monats der Verfalltag. Auf der Put-Seite wird eine Buy-Write-Strategie eingesetzt. Es ist ein sofortiger Abruf. Januar, ein Dienstag, então dass niemand será a posição de Eine em Einnahmen zu gehen. Então ist das Abwickeln am Freitag aus Sicht des Risikomanagements sinnvoll. Typische Preise neigen dazu, Akzeptanz innerhalb von 1 Standardabweichung zu haben. Der Katalysator wird das tipische Wachstum und radikale architektonische Innovation Chancen, dass Apple derzeit fehlt. Fazit Mit einer tão vislumbrado pela estrela Darstellung der Zeit - und Preischancen eindeutig identifiziert, ist es in Ihrem besten Interesse, Bei der Eingabe von Apple-Lager geduldig zu sein. Autoren Disclosures amp Haftungsausschluss: Amigobulls Disclansures amp. Disclaimer: Weder Amigobulls noch irgendwelche Mitglieder ihrer Mitarbeiter halten Posicionamento em einem der Aktien, morrer em diesem Beitrag diskutiert werden. Der Autor darf kein qualifizierter Anlageberater sein. Die in der Post gemachten Stellungnahmen sollten nicht als Anlageberatung behandelt werden. Kommentare zu diesem Artikel und AAPL stockApple Lager Ihr Apple Stock Investing Guide Der Apple Inc. AAPL Aktienkurs wurde im Jahr volatil, mit einem Wochen-Bereich de 89,47 bisHier ist der Grund. Fast jeder kennt morre Geschichte: In den er Jahren sah Apple-Aktie wie eine Rakete. Apple-Aktien hat viele Investoren reich seitdem gemacht. Der iPod, im Jahr Das iPhone, im Jahr Sowohl der iPod e as iPhone revolutioniert morrem Computer-Industrie. Theres auch der Moment Apple erreichte den Status do weltweit wertvollsten Unternehmen im Jahrunseating Big Oils Exxon Mobile NYSE: Und Dann haben wir das Unternehmen und Apple-Lager heute Apple Stock Price Performance: Apfel-Aktie ist ein Impuls-Lager, foi bedeutet, dass es steigt, wenn die Nachrichten gut ist, kann tief sinken, wann Impuls wahrgenommen wird, um sich zu verlangsamen. Apple fiel unter Milliarden em Marktkapitalisierung, weit unter seinem Niveau von von Milliarden. Diese Ehre ging an Alphabet Inc. Guerra Das Vorjahr em Worten von Money Morning Diretor von Technology amp Venture Capital Michael A. Robinson, ein Blockbuster gewesen. Es ist schwer, einen Rekord zu schlagen. Então, Glaubt Robinson, morra 51,2 milhões de Figur noch beeindruckend ist. Gerade weniger von einem Fortschritt als es gewesen war. Es hatte 11,6 Milliarden im operativen Cashflow in der Periode. Nicht nur das, sondern es werden noch 50 Milliarden in ihr Kapitalrenditeprogramm gestellt. Ein Teil des Grundes ist der weltweite Umsatz. Die obere Mittelklasse wird voraussichtlich Millionen erreichen. Chinesische Verbraucher sind nicht beeindruckt von den relativ weniger teuren Android-Handys. Apple wird einem chinesischen Parceiro, Foxconn, Beitreten, um fabricante de iPhone no Montagewerke in Indien zu entwickeln. Es geht darum, ein Dienstleistungsunternehmen zu sein, anstatt nur ein Baumeister und Lieferant von iPhones. Is is weit von einem Start-up ohne Dividenden. Es kann das Bargeld nutzen, um unter anderem die Dividendenrenditen zu wandern. Fitz-Geralds AAPL Aktienkurs Ziel istein bisschen 85 von aktuellen Preisen. Besser als erwartet Das zweite Quartal war wegen seiner Wirkung auf den Aktienkurs wichtig. Q3 ist schwach, weil der Rollout von Neuen Produkten traditionell bis zur Ferienzeit stattfindet. Das Ergebnis je Aktie EPS lag bei 1,42 auf einem Umsatz von 42,4 Mrd. Die Zahlen lagen jedoch forex dem Vergisi von 1,85 pro Aktie und 49,61 Mrd. Der Dienstleistungssektor hat sich sehr gut entwickelt. Nicht nur das, aber Apple hat viele Escolhe no auftauchender Technologie. In der Vergangenheit gab es jedoch einige Problema bei der Ausarbeitung von Vereinbarungen mit Fernsehsendern. Dre, genannt Vital Signs geplant ist. Chapéu de vestidos TWX eine Marktkapitalisierung de 58 Milliarden. Sein Walt Disney Co. ABC e ESPN se encontram em Disney-Eigenschaften, ebenso wie ein paar Filmstudios und Verlage. Guerra de Steve Jobs no Conselho de Administração de Disneys. Pixar Animation Studios wurde im Jahr von Jobs e DIS verkauft. Bob Iger, CEO von DISs, ist derzeit auf dem Board of Directors von Apples. Der dritte potentielle Akquisitionskandidat ist Netflix Nasdaq: Es ist bereits ein bemerkenswerter Content-Anbieter und hat eine riesige Abonnentenbasis rund um den Globus. Im April haben die Gesamt-Teilnehmer 81 milhões de fichas, Netflix-Marktkapitalisierung, 40 Milliarden, ist aber auch nicht billig. Hulu hat einen gut etablierten Streaming-Service und produzir einige Original-Inhalte. Aber Hulu ist im Besitz von NBC Universal und Sie sind zwei Anbieter, die AAPL mit bisherigen Verhandlungen verhandelt hat, então dass ihre Zustimmung zu einem Verkauf nicht wahrscheinlich ist. VIAB e CBS Corp Nach einem unglaublichen Lauf em setembro. Ist Apple-Lager eine gute Aktie zu kaufen Wegen der Verlangsamung iPhone Umsatz, haben die Anleger uns gefragt, ob Apple-Lager ist ein guter Bestand an kaufen. Die Antwort ist ja, wenn du ein langfristiger Bistor do investidor. Hat Apple-Aktie eine Dividende gezahlt Ja, Apple-Aktie zahlt eine Dividende. Apple hat erst ab eine Dividende bezahlt. Ab setembro zahlt Apple 0,57 pro Aktie. Das ist eine Ausbeute von 1, Februar Wir haben die Top-Marihuana-Aktie, um diese Woche Estimado visitante estimado, Wir haben festgestellt, dass Sie eine Anzeigenblocker-Software verwenden. Wir erlauben nur registrierten Benutzern, Anzeigenblocker zu verwenden. Dezember um 8: Im Juli gab Ray Dalio offiziell seine Rolle, CEO da Bridgewater Associates, estatutária e Titel ldquoMentor. Diese Strategie lieferte in den vergangenen 12 Monaten 18 Gewinne, mehr als verdoppelte morre 8 Renditen der SampP ETFs. Vanguard FTSE Emerging Markets ETF NYSEARCA: VWO hat eine sehr geringe Kostenquote von nur 0,15 und hatte Aktien in seinem Portfolio am Ende des dritten Quartals. Índice de Patrimônio Internacional de Folgen Sie Vanguard Intl Níveis de NYSEARCA: VWO Folgen Sie Índice de Patrimônio Internacional Vanguard Fundos NYSEARCA: Todos os níveis de participação no mercado de mercado e no mercado de Austausch erbracht. Weiter zu FxempireEURGBP Aviso de risco de sinal de Forex: Die auf dieser Website enthaltenen Daten sind nicht unbedingt in Echtzeit und nicht korrekt, und Analysen sind die Meinungen des Autors und Stellen nicht die Empfehlungen von DailyForex oder seinen Mitarbeitern dar. Lesen Sie mehr X25B6 Die ehemalige afundou-se em Intra-Tage Tiefs von 1. Overzicht van vreemde valuta, ISO-muntcodes en valutatekens Em dit overzicht vind je interessante wetenswaardigheden eacuten de schrijfwijze van veel internationale munteenheden. Ook de valutatekens no landen waar deze munteenheden gangbaar zijn passen de revue. Handy om te gelir, bijvoorbeeld als je op vakantie gaat von snel de schrijfwijze van een valorcelode nodig hebt. Algerijnse dinar Het woord dinar ist afgeleid van denarius, de vroegere Romeinse munt. De huidige dinar ist de opvolger van de Algerijnse franc, sterben werd vervangen door de dinar. DA Amerikaanse Dólar De dólar bestaat al vanaf Sinds de Tweede Wereldoorlog wordt de munt gebruikt als anker-valuta voor de internationale handel goud - en olieprijzen. Hoewel het altijd een stabiele munt ist geweest, zou no toekomst de Chinesisch renminbi die taak wel eens kunnen overnemen. De dólar verliert eingetaucht Er zijn al diversos initiatieven ontplooid in der richtung. Verenigde Staten, El Salvador, Equador, Mikronesieuml, Palau, Oost-Timor, Marshalleilanden Verdeling: Sinds de Tweede Wereldoorlog ist die Antilliaanse Gulden gekoppeld aan de Amerikaanse Dollar. Curaccedilao, Sint Maarten, Aruba totBonaire, Sint Eustatius en Saba tot Verdeling: NANAf Argentijnse Peso Toen de Argentijnse Confederatie im Jahre een feit guerra, Kwam Er ook een eigen munteenheid: Uit talloze financieumlle verwikkelingen ist uiteindelijk, sindsde huidige peso ontstaan. Arubaanse florijn Officieel ist het florin. De munt heeft een vast wisselkoers zehn opzichte van de Amerikaanse dollar. De Waarde van de florijn ist dus gelijk aan de waarde van de Antilliaanse Gulden. Australischer Dollar Im Jahr werd het Australischer Teich ingevoerd, de opropolger van het Britse Teich. Enkele Landen em Stille Oceaan hebben dezelfde munteenheid. Interessant ist dat Australieuml het eerste land war que bankbiljetten van kunststof polypropyleen maakte. Australieuml, Tuvalu, Nauru, Kiribati Verdeling: A, AU Bahreinse dinar Zoals bekend ist het woord dinar afgeleid van denarius, de Romeinse munt van weleer. Tot war voor het Engelse Teich em omloop. BD Braziliaanse echte Het Wunde echte Betekent koninklijk em het Portugees. Em wurde er im Jahre im Jahre gefeiert. De eerste Braziliaanse real verscheen im Jahre Sinds ist das echte gekoppeld aan de Amerikaanse dollar, hoewel er sindsiien steeds sprake ist geweest van een stapsgewijze devaluatie. Sinds zijn er nieuwe bankbiljetten em omloop. Ze zijn iets groter dan de oude em beter beveiligd tegen fraude. R Kanadischer Dólar Grappig ist der Bijnaam van de 1-dollarmunt Loonie ist, genoemd naar de ijsduiker. De 2- dollarmunt wordt toonie genoemd Land: C Chileense peso Als gevolg van inflatie ist er geen ondereenheid meer. Voacuteoacuter war das de centavo. Het kurzje van peso wordt niet meer uitgegeven Behalve de munten alleen nog bankbiljetten van, De inflatie ist altijd hoog geweest, em er zijn veel vergeefse pogingen ondernomen om de munt te stabiliseren. Chil Chinesischer Yuan De officieumlle valuta ist der Renminbi geld van het volkalthans em Volksrepubliek China. De munteenheid van de renminbi ist der Yuan. En de Yuan ist gekoppeld aan de Amerikaanse Dollar. Westerse economize em um mercado político que atinge o preço da empresa, waardoor China te gemakkelijk goederen kan exporteren. Een Yuan ist tien jiao waard. De jiao ist bestaat uit tien fen. De fen wordt alleen op de markt gebruikt, omdat de waarde ervan vrijwel nihil ist. RMB Deense kroon De Kroon Bestaat é um sindicato de escandinavos, incluindo o papel de parede de Eerste Wereldoorlog standhield. Denemarken maakt deel uit van de Europese Unie. Voacuteoacuter de opkomst van de Euro guerra de Deense kroon gekoppeld aan de Duitse markieren. De kroon staat echter in nauwe relatie tot de euro dankzij het ERMII, het Europese wisselkoersmechanisme. Pfund, LE Engelse Teich Eigenlijk ist das Benehmen Teich Sterling. Noord-Ierland und Schottland hebben hun eigen bankbiljetten. Toch kan traf het Teich Sterling em het hele Verenigd Koninkrijk wurde betaald. Hendrik II von Engeland voerde de sterling in in. Het Wunde ist afgeleid van het Franse esterlin sterkhoewel de meningen daarover verdeeld zijn. In en achttiende en negentiende eeuw vergisi het Teich sterling de belangrijkste valuta in the wereld. Guerra da Alemanha no Periode dan ook het machtigste handelsland, zoals Amerika que na de Tweede Wereldoorlog werd em de dólares om die reden nu de sleutelvaluta ist. Toch zijn er kapers op de kust, zoals de euro en Chinesischer Renminbi. Pfund Filippijnse Peso De munten zijn 1, 5, 10, 25 em 50 centavo em 1, 2, 5 de 10 pesos. Bankbiljetten van 20, 50, en peso. PHP Hongaarse forint De forint werd im Jahre ingevoerd em verving de pengo als gevolg van een enorme inflatie. A porta de geldontwaarding ist er geen onderverdeling van de forint meer. Het Wunde ist afgeleid van het Italiaanse Florenz en florijn. Na het uiteenvallen van de Sovjet-Unie maakte ook de forint een vrije val. Ft Hongkongse Dollar De munt werd im Jahr gekoppeld aan de Amerikaanse Dollar. O banco HSBC, Standard Chartered Bank, do Banco da China, é um banco de dados bancário e bancário. HK IJslandse kroon Em IJsland heeft de devaluatie zo huisgehouden que o mínimo de fundos de goederen ist vastgesteld op 1 kroon. De onderverdeling em eyrir bestaat al heel lang niet meer. Tijdens de kredietcrisis van werd de IJslandse kroon gekoppeld aan de euro De munt war in de maanden ervoor taucht dertig procent in waarde gedaald. De IJslandse Centrale Bank kon taucht ondanks de draukankopen niet voorkomen dat of kroon in een vrije val terechtkwam. Kr Indiase roepie Roepie betekent zilver in het Sanskriet. Eeuwen voor de jaartelling war deze munt em Indien al in gebruik. Vanaf de 8ste eeuw kwam daar het islamitisch geld bij. Archeologen troffen zelfs Romeinse munten aan. Voacuteoacuter de Britse bezetting wird verschillende munteenheden naast elkaar gebruikt. De Invoed van andere munteenheden kwijnde sindsdien langzaam weg. INR Indonesische roepia De roepia werd am 2 novembro geiumlntroduceerd als de nieuwe nationale munteenheid, vier jaar nadat het land onder leiding van Soekarno de onafhankelijkheid hatte uitgeroepen. Aanvankelijk stond de nieuwe roepia gelijk aan de Nederlandse Gulden. Maar dat hield niet lang stand als gevolg van de inflatie. Rp Iraanse rial Sinds de stichting van het koninkrijk Perzieuml, beginnen 16de eeuw, werden islamitische munten gebruikt in het handelsverkeer. Rl Israeumllische sjekel De sjekel ist onderverdeeld em agorot. Er zijn munten em omloop van 12, 1,2, 5 de 10 sjekel. Bankbiljetten van 20, 50, en sjekel. Israeumll, Palestijnse Autoriteit Verdeling: Yen Internationala Jordaanse Dinar Em 5de eeuw v. Waren Griekse munten em omloop. Sinds wordt er betaald at the Jordaanse dinar. Jordanieuml, Palestijnse Autoriteit Verdeling: JD Keniaanse Schilling werd de Keniaanse Schilling ingevoerd em verving de Oost-Afrikaanse Schilling. Em Afrika ist heen een van de meest stabiele munteenheden. KSh Koeweitse Dinar In der Schlange der eeuwen zijn em Koeweit allerlei munteenheden em omloop geweest, van de indiase roepie tot het Britse Teich en zelfs zilveren thalers. De Koeweitse dinar verscheen im Jahr zehn tonele em hatte dezelfde waarde als het Britse Teich. Em de Golfoorlog stond de Koeweitse dinar gelijk aan de Iraakse. Toen het land weer bevrijd war, kreeg de munt opnieuw de waarde van oorlog. KD Libische Dinar Vanaf de 7de eeuw hatte den Islam is to to het zeggen em Libieuml. De islamitische munten volgden het Romeinse e Ptolemeiumlsche geld op. Na de naoorlogse onafhankelijkheid werd het Libische Teich ingevoerd. De munteenheid stond gelijk aan het Teich Sterling. LD Maleisische Ringgit De Ringgit wordt ook wel Maleisische Dollar genoemd. Sinds richtung munt zich op verschillende munteenheden en varieert tussen een Minimum en Maximum. Daardoor waren er verschillende munteenheden in omloop. Beginne 20ste eeuw ontstonden er protectoraten traf Franse, Spaanse en Britse munten. De Dirham é o mais velho do mundo no futuro do Westelijke Sahara. Marokko, Westelijke Sahara Verdeling: Dh Peso mexicano Op de munten zijn fraaie Azteekse symbolen afgebeeld. Op de Bankbiljetten Hebben Mexicaanse helden uit de geschiedenis een plekje gevonden. Nieuw-Zeelandse-Dollar Ook bem de Kiwi - dólar genoemd. In the koloniale tijd war het Teich Sterling het wettige betaalmiddel. Nieuw-Zeeland, Cookeilanden, Niue, Tokelau-eilanden, Pitcairneilanden Verdeling: NZ Noorse kroon Ingevoerd im Jahre na oprichting van de Scandinavische Monetaire Unie, waarvan ook Denemarken em Zweden tampa waren. Kr Pakistaanse roepie Bankbiljetten von 5, 10, 20, 50, en roepie. Em munten van 1, 2 de 5 roepie Land: Rs Poolse zloty Em geschiedkundig opzicht ist der Schlitz nauw verwant aan de gulden. In en achttiende en negentiende eeuw war in Polen ook de Rijnlandse gulden in omloop, de munteenheid uit Duitsland. Ervoor in the plaats kwam de sloty Land: Zl Saudi-Arabische riyal De riyal ist gekoppeld aan de Amerikaanse Dollar. SR Servische dinar Porta de Balkanoorlogen ontstond er een hyperinflatie. Noggen ist dinar niet erg waardevast. Servieuml, Montenegro, Kosovo Verdeling: CSD Singapurischer Dollar De munteenheid von Singapur wordt afgekort traf het dollarteken. Na de onafhankelijkheid im Jahr kwam er een eind aan die monetaire unie. De huidige Singapura dólar bestaat sind S Srilankaanse roepie Bankbiljetten van 20, 50, en roepie. Muntgeld van 25, 50 cent em 1, 2, 5 de 10 roepie Terreno: SLR Surinaamse dollar Sinds 1 januari de officieumlle munteenheid. Daarvoor war das der Surinaamse-Gulden. In der Periode war die inflatie zo hoog dat een Surinaamse gulden nog minder waard war dan een Nederlandse cent. Srg taiwanesischer Dólar Munten van 0,5, 1, 2, 5, 10, 20, 50 Dólares. Bankbiljetten van, und Dollar. T Tansaniaanse Schilling A porta de inflação é muito pequena em omloop. TSh Thaise Baht Een Zeer oude munteenheid. Na de Tweede Wereldoorlog werd de baht gekoppeld aan de Amerikaanse Dollar. Sindsdien ist er sprake van een gestage inflatie, waardoor tegenwoordig 1 Dollar gelijk staat aan 32 baht. De onderhandelingen zijn echter nog in volle gang Land: K Tunesische dinar Muntgeld van 10, 20, 50, en millime en 1 en 5 dinar. Bankbiljetten van 5, 10, 20, 30 em 50 dinares Land: TD Turkse Lira von Teich Van 1 Januar a 31 Dezember war die alte Turkse lira de munteenheid van Turkije. Op 1 januari verviel het voorvoegsel nieuwe. Ook em Noord-Zypern ist deze valuta geldig. Turkije, Turkse Republiek Noord-Zypern Verdeling: YTL, Pfund Venezolaanse Bolivar De munteenheid ist genoemd naar Simoacuten Bolívar, de Leichter van Venezuela Bs Dólar do Zimbábue Een munteenheid met de laagste waarde zehn opzichte van de Euro von Amerikaanse Dollar. De inflatie ist gigantisch Economen spreken van 20 miljoen procent. Zuid-Afrika heeft deze munt sindstoen het land een republiek werd. R Zweedse kroon Tussen en Worttier niemandem munt - papelgeld geiumlntroduceerd, waaronder een munt van 2 kronen en het kronenbiljet. Kr Zwitserse franc Het Zwitsers Eedbondgenootschap ist officieumlle naam van Zwitserland. De naam ist in het Latijn terug te vinden op de munten Confoederatio Helvetica. Sfr Lees verder Topverkopers: De vele talenten van topverkopers Especial Kopie - Orion, het auteursrecht van dit artikel ligt bij de infoteur. Zonder toestemming van de infoteur ist vermenigvuldiging verboden. Gerelateerde Artikelen Verdwijnt de dólar als belangrijkste reservavaluta De dólar heeft al lange tijd de taak de belangrijkste reservavaluta. De dólares americanos echter niet meer de sterke muntehellip Online valutahandel, geld verdienen met Forex Trading Wat ist online valutahandel en hoe kun je geld verdienen met Forex Trading Door on-line te handelen em valuta kun je ophellip EToro Forex: Welte er steehellip Valutakoersen, wat ist je Euro waard De Dollar ist nog nooit zo laag geweest. Ist dit nu juist positief von niet en voor wie Geld verandert van waarde van daghellip Geld sparen in vreemde valuta Veel mensen willen geld sparen in een vreemde valuta. Juni zu betreiben. Die gemeldeten Ergebnisse wurden erheblich von der nigerianischen Regulierungsvereinbarung beeinflusst. Juni beschloss MTN Nigeria diese Angelegenheit mit der Bundesregierung von Nigeria FGN und stimmte zu, der FGN einen Gesamtbetrag forex Milliarden nigerianischen Naira US 1. Die 50 Milliarden Naira US Millionen bezahlt in gutem Glauben und ohne Vorurteile von MTN Nigeria am Im Juni wurde die erste geplante Zahlung von 30 Milliarden Naira US Millionen vorgenommen. Der Restbetrag am Juni belief sich auf Milliarden Naira US Millionen. Der Konzern hat den Barwert von Mrd. US-Dollar unter Verwendung des damals geltenden Wechselkurses angefallen, der insgesamt einen negativen Einfluss von R10 Mio. Diese organisatorische Wertminderung hat sich erheblich negativ auf das organische EBITDA ausgewirkt. Vor allem in Nigeria. MTN Nigeria trennte die letzte Charge von 4,5 Millionen Abonnenten im Februar MTN Uganda und MTN Kamerun wurden auch durch Abonnenten Registrierung Anforderungen betroffen. Der Konzernumsatz stieg um 14,0 auf R78 Millionen und profitierte von der durchschnittlichen Wechselkursentwicklung des Randes gegen die Naira. Dies wirkte sich erheblich negativ auf das Umsatzwachstum von MTN Nigerias aus Die ersten vier Monate des Zeitraums. Der ausgehende Stimmumsatz stieg um 8,0 und sank um 5,4 auf organischer Basis. Die Investitionen Capex stiegen um 26,9 15,4 auf R2 Millionen. Die Gruppe rollte auch 1 km Langstreckenfaser und verband insgesamt Standorte mit Faser. Kholekile Ndamase wurde mit Wirkung vom Die Gruppe ernannte Babak Fouladi zum Group Chief Technology und Information Officer mit Wirkung zum 1. Brett Goschen, the Group chief financial officer CFOwill be leaving MTN after 14 years of service to MTN, effective 30 September At the same time he will be stepping down from the board of directors of the Group. The board of directors and management would like to thank Brett for his valuable contribution to the Group. Gunter Engling, currently CEO of MTN Rwanda and previously Group finance executive, will assume the position of Acting Group CFO on Bretts departure until a permanent CFO is appointed. The Group hopes to appoint a new CFO before the year-end. After completing his two key mandates of settling the Nigerian fine and appointing the new Group CEO, Phuthuma Nhleko will revert to his role as non-executive chairman as soon as Rob Shuter assumes his position as Group president and CEO. In the interim, Phuthuma will hand over more operational responsibility to Stephen van Coller and Gunter Engling and will continue to provide the necessary leadership as non-executive chairman for a maximum period of two years until no later than December when he plans to step down from this position. Board of directors appointments and resignations The Group also refreshed the composition of the board of directors for MTN Group and MTN South Africa, providing more in-depth commercial, risk and governance skills and experience. Specifically, the following individuals have been appointed to the Group board of directors as independent non-executive directors effective 1 August Stan Miller has global experience in expanding businesses into new markets, exposure to convergence, as well as strong business and operational acumen. His telecoms experience ranges from co-founding subscription television channel M-Net to leading the growth of Dutch telecoms company KPN in the Netherlands. He is the executive chairman of AINMT A. Sweden and non-executive member of the board of MTS JSC. Russia, a telecommunications operator in Russia. Paul Hanratty brings a wealth of experience in financial services in the UK, US, Africa, Asia and Latin America. He has worked at Old Mutual for over 30 years and has sat on the boards of various other financial services companies. Paul has extensive MA experience and has devised and implemented growth strategies for businesses in many countries. Nkululeko Nkunku Sowazi is the chairman of Kagiso Tiso Holdings, a leading South African investment holding company, with significant interests in the media, financial and industrial sectors. Nkunku was the executive chairman and co-founder of the Tiso Group and is currently a director of Grindrod Limited, a JSE listed company, and a non-executive director of listed and unlisted organisations spanning Ghana, the UK, the US and South Africa. Nkunku has had significant exposure to listed and non-listed boards and has extensive experience in MA and management transformation. He sat on the Nominations Committee, Audit Risk Committees at Exxaro and Aveng. MJN Njeke and JHN Strydom, who served on the board of directors of the Group as independent non-executive directors for an aggregate period in excess of nine years, retired as directors of the Group at the Annual General Meeting held on 25 May The board of directors of the Group thanks them for their valuable contribution over the years. Mike Harper, Mike Bosman, Lerato Phalatse and Trudi Makhaya have been appointed as independent nonexecutive directors to the board of directors of MTN South Africa, effective 1 July The commercial experience of these additional directors will greatly benefit MTN South Africa. These directors collectively have extensive experience in the media, insurance, retail banking and FMCG sectors as well as in-depth knowledge of stakeholder engagement. The MTN Group continues to work towards achieving its vision of leading the delivery of a bold, new Digital World to our customers. The Group is in the process of undertaking, with external assistance, a deep and fundamental strategic review of its operations and processes to ensure it is operating far more optimally given the pressure on voice revenues, evolving customer needs for high quality data and more complex and competitive market environments. This will reset and position the business for future growth in a rapidly evolving sector. As part of the review, the following key areas will be addressed: An advanced analytics unit will be established to support the business to drive network quality and high-speed data connectivity especially in key locations with high demand, provide compelling segmented offerings to consumers and enterprises, improve customer service and increase targeted smartphone uptake. Operating efficiencies and improving customer service remain a priority with a focus on the service channels productivity through digitisation and leveraging Mobile Money as a distribution channel. Continued network optimisation and improved opex management, including the implementation of zero-based budgeting, will also contribute to improving efficiencies. The Group will continue to explore opportunities to create value through leveraging its extensive infrastructure across Africa and the Middle East. Improving the way of work through increased coordination between different parts of the business is key to the success of this strategy The Group will embark on a process of housing new revenue streams, particularly Digital Services, outside the core business. This will allow for more agility and greater flexibility to accelerate growth in these areas. New revenue streams are expected to increase their contribution to revenue over the next 12 to 18 months. The Group will also continue to vergisi value-accretive expansion opportunities in selected geographies across Africa and the Middle East. MTNs investments in towers with IHS Holding Limited are evidenced by our substantial ownership interest in INT Towers Limited and our direct investment in IHS. IHS continues to grow and develop its business with leading market positions in five markets and has recently led in-market consolidation in Africa through its acquisition of Helios Towers Nigeria. IHS is now the largest independent tower operator in EMEA by tower count and the tenth largest independent tower company in the world, with more than 24 towers. IHS is extremely well positioned for future growth and build-out from 3G upgrades and the move to LTE across its key markets. MTN will benefit from IHS strong growth, IHS will also help us accelerate our network expansion in markets such as Nigeria further improving the benefits and services for our customers. MTN aims to list MTN Nigeria on The Nigerian Stock Exchange during and has established a management task team with the responsibility to guide the company towards such a listing. The proposed listing is subject to suitable market prevailing circumstances and conditions and the appropriate approvals from relevant regulators and other stakeholders. MTN Ghana will proceed with the localisation of 35 of its shares during the course of This is a requirement of winning the auction for a 4GLTE licence earlier this year. We are confident that by year-end we would have successfully completed our proposed management changes. Inwe will have a permanent and refreshed senior management team to take the Group forward. Data growth will also benefit from the increased investment in 3G and LTE networks in key cities and the utilisation of the recently acquired spectrum. We anticipate a positive growth trend in South Africa. Data growth will continue to be underpinned by our ongoing significant investment in 3G and LTE. The continued easing of sanctions in Iran and its related economic uplift offers significant opportunities to expand services particularly in the digital space, benefiting from MTNs strong position and a youthful population. MTN continues to work towards remitting some of its cash amounting to approximately R15,4 billion from MTN Irancell, although this a complex process. In NovemberMTNs Broad-Based Black Economic Empowerment BBBEE vehicle, MTN Zakhele will unwind. Upon unwinding, MTN Zakhele shareholders will be given the option to receive cash, MTN shares or potentially reinvest into a new scheme. MTN is currently reviewing various options to create a new scheme to maintain its BBBEE ownership credentials in line with the BBBEE codes. The Group has declared an interim dividend of cps. The FY minimum dividend, as previously noted at the Groups FY results, is anticipated to be cps. This takes into consideration the impact of the Nigerian regulatory fine and the limited US dollar liquidity in Nigeria. The minimum dividend remains at the discretion of the board. Should operating conditions improve materially, we would look to declare a higher dividend than advised. Revenue is no longer driven by subscriber numbers but rather by consumer spending patterns towards data and digital services. MTN is more agile and innovative and has a gelir understanding of customer needs, enabling it to compete effectively. The Group Consumer divisions focus for the period was to integrate customer analytics across the operations to meet customers changing needs. Improving analytics is a key priority for the Group with substantial room for improvement and will form part of the strategic review the Group is currently undergoing. During the period a number of global value propositions were introduced. MTN Go, a bundle plan focusing on driving the transition to data, was launched in six markets and MTN Hello World, a global roaming proposition, was launched in ten markets. The Groups net promoter score NPS improved from 24 in December to 27 in Juneclosing the gap with its competitors. This was mainly driven by improvement on the network, value offerings and brand image. Improving NPS remains a key focus. GROUP DIGITAL SERVICES Group Digital Services continued to expand its e-commerce, digital media and mobile financial services across Africa and the Middle East, leveraging MTNs core competencies of a strong brand, knowledge of and access to customers, scale and distribution. MTN recorded strong growth in digital services revenue, supported by lifestyle and Mobile Financial Services. MTN recently launched Games Club, our premium gaming proposition and continued to gain strong momentum on its music offerings as one of the major distributors of digital music in Africa. MTN Mobile Money registered customers increased by 5,0 to 36,5 million across 15 countries and increased revenue by 40,8 to R1 million when compared to June Active customers increased by 18,0, supported by a strong performance from MTN Uganda, MTN Ghana, MTN Rwanda and MTN Benin. Revenue growth was supported by focused customer engagement and a common, more agile platform enabling converged campaigns and incentives. MTN continues to focus on advanced financial forex such as remittance services, micro-lending and saving offerings and recorded agents. AIH and MEIH, Vergisi e-commerce joint ventures, continue to deliver good growth. While performance in the AIH business was negatively impacted by the macro-economic slowdown in Nigeria, MEIH continued to gain strong momentum. Unit economics in both businesses continued to improve. AIH recorded approximately three million customers, and approximately 2,5 million transactions and 1,3 million leads on its classified business in the six-month period. In addition, MEIH comprises seven companies in the Middle East, with approximately customers and 3,3 million transactions during the period. IIG, our Iranian e-commerce business, gained strong momentum, supported by its taxi-hailing business benefiting from a youthful population and high smartphone penetration. The TravelStart business, in which MTN acquired a 37,3 indirect interest through Amadeus, recorded bookings during the period. While there is a clear opportunity in this market, the EBU function continues to operate in a competitive environment with little traction gained. The Group, as part of its strategic review, will embark on a process aimed at accelerating growth in this area. We continued to focus on the MTN Business Cloud, a hybrid platform using Windows Azure Pack, which is available across all MTN operating companies offering infrastructure, platforms and databases as services. MTN Business has also extended its Cloud Delivery Platform to provide various independent software vendor solutions, particularly to SMEs in four markets. MTN Business invested in the rollout of Global MPLS multiple protocol label switching across 27 points of presence together with centralised global monitoring and reporting services. In addition, MTN Business has launched dedicated internet services to its clients in 11 markets. It also extended its Pan African Internet of Things platform to Ghana and Cameroon during the period. FINANCIAL REVIEW Table 1: Group revenue by country Group revenue increased 14,0 to R78 million for the six-month period. This was positively impacted by the average exchange rate movement of the rand against the naira when compared to the previous corresponding period. Over the period, the average rand weakened against all our major revenue contributing currencies, declining 22,3 against the US dollar and 18,5 against the naira. In addition, the rand weakened 16,0 against the Iranian rial, 21,9 against the Ghanaian cedi, 21,8 against the Central African franc, 11,7 against the Ugandan shilling and 20,0 against the Sudanese pound. The rand strengthened 36,6 against the Syrian pound. On an organic basis, Group revenue increased by 1,5. WECA revenue decreased by 2,5 and remains the largest contributor to total Group revenue at 59 at the end of June SEA grew revenue by 7,6 and contributed 32 to total Group revenue while MENA increased revenue by 1,9 and contributed 9 to total Group revenue. The lower-than-expected revenue growth was negatively impacted by a decline in revenue growth in Nigeria down 4,8Cameroon down 8,7Ivory Coast down 3,9 and Uganda down 2,3. Regulatory challenges and aggressive competition negatively impacted revenue growth in these markets. This was partly offset by higher revenue growth in South Africa and Ghana, which increased by 5,1 and 18,9 respectively. South Africas increase in revenue was driven by higher handset sales and data revenue growth during the period while Ghanas healthy revenue growth was attributable to competitive voice and data offerings. Sudan and Syria also supported growth in total Group revenue and increased vergisi by 15,7 and 10,5, respectively. Group revenue analysis Contribution to revenue Total outgoing voice revenue declined by 5,4 and contributed 57 to total Group revenue while data revenue increased by 19,7 and contributed 25 to total Group revenue. Incoming voice revenue declined by 2,7 and contributed 10 to total Group revenue. Device revenue increased 36,5 and contributed 5 to total Group revenue. SMS and other revenue comprise the remaining 3 of total Group revenue. SMS revenue decreased 22,0. Outgoing voice revenue was negatively impacted by a decline in Nigeria down 5,6 and South Africa down 6,1. Nigeria was impacted by the subscriber disconnections related to the subscriber registration process and the withdrawal of regulatory services until the beginning of May The decline in South African revenue was negatively impacted by a 48 hour network outage in February and increased churn in the post-paid segment due to competition. While average voice traffic increased 7,9, the Group US dollar effective voice tariff in constant currency terms declined 12,2. This was largely due to free minutes offered as an incentive to win back disconnected subscribers and price competition in the majority of the key markets. Data revenue by country South and East Africa West and Central Africa Middle East and North Africa Head office companies and eliminations Data revenue growth was supported by healthy double-digit growth in the majority of operations despite a continued reduction in data pricing as a result of competition. Data traffic increased ,3 while the effective data tariff declined 46,9 in constant currency US gelir terms. This was partly offset by a decline in data revenue in Nigeria down 2,7 as a result of stringent regulatory restrictions when charging out-of-bundle data rates. Digital revenue contributed 32,1 to total Group data revenue, supported by healthy growth in Mobile Financial Services and an increased uptake of content services. These include entertainment, religious and educational services. Cost analysis Government and regulatory costs VASDigital revenue share Service provider discount Group operating costs excluding the impact of the Nigerian regulatory fine, hyperinflation and tower profits increased by 27,4 to R49 million. This was impacted by average exchange rate movements of the rand against the operating currencies, which had a negative impact of R1,8 billion. On an organic basis, total Group costs increased by 22,8. WECA increased its costs by 9,1 and contributed 52 to total Group costs while SEA increased its costs by 37,2 and contributed 36 to total Group costs. MENA increased costs by 1,9 and contributed 10 to total Group costs. Head office costs contributed 2 to total Group costs. Once-off costs included professional fees of R1 million and PPE impairment in South Sudan of R2 million. Excluding these costs incurred, costs increased by 12,6. During the period R1 million costs were incurred on a range of professional services relating to the negotiations that led to a reduction of R34 billion in the Nigerian regulatory fine. The increase in total costs was mainly as a result of higher costs in Nigeria up 11,3. This was largely impacted by US dollar-denominated exposure mainly associated with the previously concluded tower transactions, rent and utilities related to build-to-suit sites, as well as marketing and distribution costs related to the subscriber registration process. MTN South Africa costs were higher by 14,0, impacted by the increase in network-related costs associated with the network expansion during the period. In South Sudan, the impairment on PPE of R million had a significant impact on SEA costs. Total direct network operating costs increased 33,3 and contributed 25 to total costs while device costs increased by 33,5 and contributed 12 to total costs. Interconnect and roaming costs increased 2,3 and contributed 15 to total costs while staff costs increased 7,6 and contributed 10 to total Group costs. Selling, distribution and marketing costs increased marginally and contributed 19 to total Group costs. Government and regulatory costs declined 5,3 and contributed 6 to total Group costs while other operating costs increased 93,9 and contributed 13 to total Group costs. The increase in direct network operating costs was due to aggressive 3G and LTE network expansion in key markets, higher rent and utilities costs and foreign-denominated expenses mainly in Nigeria. The increase in device costs was mainly a result of higher volumes of smartphones sold in South Africa. Group EBITDA by country Reported Group EBITDA decreased 38,4 to R18 million. This was negatively impacted by the accrual for the Nigerian regulatory fine R10 million following the agreed settlement on 10 June The deferred profit from the sale of towers in Ghana R18 million and an adjustment for hyperinflation R90 million positively impacted Group EBITDA. Excluding these, EBITDA decreased by 3,3 to R29 million. This was positively impacted by foreign exchange movements of 23 of which South Sudan made up 8,7. On an organic basis, EBITDA declined by 25,9. WECA EBITDA declined by 14,0 and contributed 70 to total EBITDA. SEAs EBITDA decreased by 47,3 and contributed 25 to EBITDA while MENA increased EBITDA by 1,9 and contributed 8 to total EBITDA. Head office negatively impacted EBITDA by 3. Organic EBITDA was negatively impacted by once-off costs in the period. In addition, organic EBITDA was negatively impacted by a decline in Nigeria down 16,9 and South Africa down 11,1. MTN Nigerias decline in EBITDA was as a result of the second tranche transfer of passive infrastructure into the TowerCo as well as US dollar-denominated expenses associated with the TowerCo and build-to-suit sites. MTN South Africas EBITDA was negatively impacted by higher device costs and an increase in network-related costs following aggressive expansion of its 3G and LTE rollout. MTN Ghana up 16,3MTN Syria up 94,9 and MTN Sudan up 23,0 supported total Group EBITDA. This was attributable to efficient cost control in Ghana, Cameroon and Sudan despite the depreciation of local currencies against the US dollar. The growth in MTN Syrias EBITDA was mainly due to the decrease in revenue share to 30 from 50 following the conversion of the build-operate-transfer BOT licence into a full licence. Excluding the impact of the Nigerian regulatory fine, tower profits and hyperinflation, the Group recorded a 6,6 pp decline in its EBITDA margin to 37,1, largely impacted by lower margins in Nigeria and South Africa and the once-off costs reported in the period. Group depreciation and amortisation South and East Africa West and Central Africa Middle East and North Africa Head office companies and eliminations Depreciation increased by 22,3 8,1 to R10 million impacted by higher depreciation charges in South Africa as a result of higher capex in Amortisation costs increased by 17,2 3,9 to R2 million, driven by higher spend on software in previous years and the goodwill impairments in Guinea Conakry R million and Afrihost R million. NET FINANCE COSTS Table 7: Net finance cost Net interest paid Net forex losses Nigeria regulatory fine Net finance costs amounted to R5 million compared to R2 million recorded in the previous comparable period. This was due to an increase in net foreign exchange losses to R3 million from R1 million in the prior period, impacted by unfavourable exchange rates at the end of the period, in particular the depreciation of the Nigerian naira against the US dollar and the Iranian rial against the rand. An increase in net interest paid to R1 million from R million paid in the previous comparable period also contributed to the increase in net finance costs. The increase in the net interest expense is due to the higher net debt of R49 million compared to R17 million reported in the comparable period. Net foreign exchange losses include: Forex losses in Mauritius of R1 million relating mainly to the Iran receivables Forex losses in Nigeria of R1 million incurred on US dollar-denominated intercompany loans and third party payables R2 million of the losses on third party US dollar loans have been deferred in equity following the application of net investment hedge accounting Forex losses of R million in South Sudan on third party US dollar payables Forex losses of R million in Sudan mainly on settlement of third party trade payables and Forex losses of R million in South Africa on foreign exchange contracts relating to foreign payables in respect of the purchase of handsets. Following the significant depreciation of the Sudanese pound, MTN South Sudans foreign currency translation reserves included in equity amounted to approximately R3 billion at 30 June Should the Group decide to exit this operation, this amount will be recycled to the income statement as a loss. This included a charge of R1 million incurred by Iran mainly relating to the subsequent depreciation and amortisation of previously hyper-inflated assets that were historically written up under hyperinflation reporting. Iran hyperinflation accounting was discontinued effective 1 July Losses of R2 million from the Nigerian TowerCo were mainly as a result of foreign exchange losses R2 million on US dollar-denominated loans and short-term losses from AIH, MEIH and IIG R million. Taxation The Groups reported effective tax rate decreased to negative ,5 from 31,0 in the previous comparable period, impacted by the Nigeria regulatory fine and hyperinflation. Excluding this impact, the effective tax rate increased to 49,2 from 32,9 in the previous comparable period. Lower profit before tax was due to the reported losses in joint ventures and associates, which impacted profit before tax, the higher ratio of withholding tax and denied assessed losses in Guinea Conakry and South Sudan as well as by a range of professional services relating to the negotiations that led to a reduction of R34 billion in the Nigerian regulatory fine. If the loss before tax is further analysed and adjusted for the effects of losses from joint ventures and gelir, South Sudan unrealised forex losses, the Guinea Conakry goodwill impairment, the South Sudan PPE impairment and a range of professional fees relating to the Nigerian regulatory fine, the Group effective tax rate decreases to 33,0. The Groups taxation charge decreased by 24,6 25,0 to R4 million for the period. This was a result of lower profit before tax and a higher deferred tax credit due to increased unrealised foreign exchange losses on US dollar-denominated intercompany loans and third party payables in Nigeria. The Group reported a basic headline loss per share of cents largely impacted by the Nigerian regulatory fine expense centshyperinflation 20 centsand losses incurred on the Groups investments in Rocket 27 cents and tower companies cents. The headline figure was further impacted by forex losses cents and by a range of professional services relating to the negotiations that led to a reduction in the Nigerian regulatory fine 73 cents. Excluding these impacts, HEPS declined 11,7 to cents. The attributable loss per share was cents from attributable earnings per share of cents in the comparative period. Cash inflows generated from operations decreased by 9,2 to R23 million mainly as a result of the Nigerian regulatory fine payments of R5,9 billion during the period. Cash capex of R14 million included the purchase of 4G spectrum in Ghana R millionNigeria licence spectrum R1 billion and the LTE and fibre licence in Congo Brazzaville R million. Capital expenditure South and East Africa West and Central Africa Middle East and North Africa Head office companies and eliminations Capex increased 27,4 to R13 million, of which R1 million was related to foreign currency movements. Net debt analysis Rm Cash and cash equivalents Interest - gelir liabilities Net debt cash Dec South and East Africa West and Central Africa Middle East and North Africa Head office companies and eliminations includes restricted cash and current investments. Net debt increased to R49 vergisi compared to net debt of R31 million reported at the end of December The Group reported a net debtEBITDA ratio of 0,83 excluding the Nigerian regulatory fine. The net debt position at the end of the period was mainly impacted by the following: Nigerian regulatory fine payment R5 million Group dividend paid to shareholders of R15 million Dividends paid to minority shareholders of R million An increase in capital expenditure and licences to R16 million Investments made in Amadeus TravelStartthe Autopage acquisition and cash paid to AIH on capital calls of R1 million Net interest of R2 million Lower cash generated from operations. The result was supported by good growth in data usage benefiting from aggressive smartphone device sales and continued efforts to improve 3G and LTE network quality. The operations subscriber base declined 2,6 to 29,8 million. The pre-paid and post-paid segments declined by 2,7 to 24,7 million and 2,1 to 5,1 million, respectively. Total revenue increased by 5,1 to R19 million mainly as a result of higher data and device revenue growth. This was partly offset by a 6,1 decline in outgoing voice revenue. Service revenue, which excludes device revenue, remained relatively flat. Data revenue increased by 19,2, contributing 34,1 to total revenue. The number of smartphones on the network increased by 18,4 to 9,3 million restated to align with the Group definition while megabytes per user increased 53,8 for the period. Device sales in the previous comparable period were impacted by the industrial strike action and supply chain challenges. Digital revenue gained momentum and contributed 13,5 to data revenue. This was attributable to additional services being offered, including international content. EBU continued to operate in a competitive environment. During the period the operation entered into a sales agreement to dispose of its 50,02 stake in Afrihost Proprietary Ltd. The EBITDA margin declined by 5,5 pp to 30,1 mainly as a result of increased device costs relating to higher volumes sold and the impact of network-related costs as a result of the continued rollout of 3G and LTE sites. Capex for the six months amounted to R4 million with the rollout of co-located 3G sites and LTE sites. The operation continued to improve quality and capacity of the network in key cities to cater for increased data traffic. Forex addition, sites were connected to fibre. Fibre to the home connections remain a priority with approximately 10 homes passed, of which 40 were rolled out during the period. On 15 Julythe national regulator, Independent Communications Authority of South Africa ICASA published an invitation to apply for high demand spectrum, in the MHz, Mhz and 2,6GHz spectrum bands. ICASA expects to conclude the licensing by the end of March There are four lots on offer with a reserve price of R3 billion. MTN has been analysing the invitation and is actively preparing documentation to meet the deadline for enquiries relating to the Invitation to Apply ITA. MTN has noted, with interest, media reports that the Minister of Telecommunications and Postal Services intends to challenge ICASA regarding the abovementioned ITA and MTN will continue to monitor the developments. Other SEA across the rest of the region subscribers increased by 3,6 to 23,1 million for the period. This was mainly underpinned by good growth in Uganda. MTN Uganda increased its subscriber base by 10,8 for the six months to 9,9 million following the disconnection of subscribers reported in the second half of This was supported by customer acquisitions through voice bundle propositions and the continued success of MTN Zone, resulting in market share growth to 52,7. Total revenue declined by 2,3 mainly as a result of a decline in both outgoing and incoming voice revenue impacted by the implementation of the One Network Area, the decline in mobile termination rates and the impact of the disconnections in the second half of Data revenue increased by 22,7 and contributed 32,8 to total revenue. This was supported by data bundles, including successful shorter-duration bundles. Digital revenue contributed 70,5 to data revenue, supported by local content services including MTN Play. MTN Mobile Money customers decreased 24,4 to 7,2 million mainly as a result of the disconnections during the subscriber registration process in the second half of MTN Ugandas EBITDA margin decreased by 6,0 pp to 30,0, impacted by higher network operating costs and associated US dollar-denominated expenses, as well as higher transmission costs following the rollout of a 3G and LTE network. Higher marketing forex distribution costs were incurred mainly as a result of the launch of 3G and 4G services. Capex decreased by 42,1 to R million, impacted by a delay in the supply chain process. During the period, co-located 3G and LTE sites were rolled out. Subscribers decreased by 1,0 to ,5 million Revenue decreased by 2,5 Data revenue increased by 13,8 Subscribers decreased by 3,7 to 58,9 million Revenue decreased by 4,8 Data revenue decreased by 2,7 EBITDA margin declined by 7,5 pp to 49,8 MTN Nigeria continued to experience a challenging operating environment impacted by the disconnection of the final batch of subscribers in compliance with the subscriber registration process during the period. The operation was also impacted by the inability to offer competitive prices as a result of the suspension of regulatory services until Maywhen the operation obtained the necessary approval to offer competitive pricing plans and promotions. Tough economic conditions further negatively impacted consumer spending. MTN Nigeria increased market share to 46,2, despite the decline in its subscriber base by 3,7 to 58,9 million including Visafone subscribers. Total revenue declined by 4,8 as a result of lower outgoing voice revenue and lower data revenue. These were impacted by regulatory requirements to seek permission to charge out-of-bundle data rates, multi-SIMs and delays in competitive offerings. Data revenue declined by 2,7 and contributed 19,3 to total revenue. The number of smartphones on the network increased by 11,2 to 16,0 million. Digital revenue continued to gain momentum and contributed 51,7 to data revenue. This was supported by good growth in music and other lifestyle content services. The number of registered accounts on MTN Nigerias Mobile Money offering, Diamond Yellow, increased by 5,0 to 6,5 million. The EBITDA margin declined by 7,5 pp to 49,8, impacted by the transfer of the second tranche of passive infrastructure into the TowerCo as well as US dollar-denominated expenses associated with the TowerCo and build-to-suit sites. This was further impacted by a 13,8 increase in marketing forex relating to the subscriber registration process as well as a range of professional services fees incurred to the settlement of the regulatory fine. Over the six-month period, 3G sites and LTE sites were rolled out. The operation experienced some delays in the network re-planning and a delay with equipment purchases as a result of foreign exchange limitations. Capex for the period increased by 78,9 to R2 million. Improving the quality of the 3G co-located network and the rollout of LTE remains a priority. During the period, the operation purchased additional LTE spectrum for a consideration of R1 billion. Other WECA the remainder of the region increased its subscriber base by 2,8 to 46,6 million driven by solid growth in Ghana and satisfactory growth in Cameroon. MTN Ghana delivered a strong performance and grew its subscriber base by 8,1 to 17,6 million. This was supported by the launch of LTE services, the first operator to do so, as well as attractive value propositions, which contributed to market share growth to 53,8. Total revenue increased by 18,9, supported by strong growth in data and outgoing voice revenue. Data revenue grew by 68,0 and contributed 38,5 to total revenue supported by data bundles, including 4G data bundles, benefiting from superior data network quality and increased smartphone penetration. Smartphones on the network increased by 21,7 to 3,6 million. Digital revenue showed healthy growth, underpinned by attractive lifestyle content bundles and good momentum gained in mobile financial services. Digital revenue contributed 47,9 to data revenue. MTN Mobile Money subscribers increased by 23,3 to 7,0 million, supported by international remittances. The EBITDA margin declined 0,9 pp to 38,8 mainly as a result of higher transmission costs and the impact of foreign-denominated expenses following the depreciation of the cedi, as well as high inflation. Capex increased by more than to R1 million with a key focus on the rollout of LTE sites. The operation added co-located 3G and LTE sites during the period. Capex includes the 4G licence acquired in H2 MTN Cameroon increased its subscriber base by 5,0 to 9,6 million despite the subscriber registration process, which was relatively well managed and supported by aggressive subscriber registration campaigns. Market share grew to 57,4 as a result of improved network quality, expansion of the LTE footprint and increased smartphone penetration. Total revenue declined by 8,7 mainly as a result of a decline in outgoing voice revenue impacted by price competition and free minutes used in relation to the subscriber registration process. However, data revenue increased by 49,5 and contributed 18,8 to total revenue. This was supported by increased 3G device penetration and the rollout of 3G and LTE networks. Smartphones on the network increased by 34,1 to 2,6 million. Digital revenue contributed 21,7 to data revenue. MTN Mobile Money registered subscribers increased by 21,1 to 2,4 million while active subscribers increased by more thansupported by a Mobile Money brand campaign to increase activity. MTN Cameroons EBITDA margin increased by 0,2 pp to 38,0. This was supported by strong cost optimisation and a substantial reduction in transmission costs due to the use of the WACS cable. Capex decreased 6,9 to R1 million with a focus on 3G and LTE network rollout and quality. During the period the operation rolled out co-located 3G sites and 64 LTE sites. MTN Ivory Coast reported a decline vergisi its subscriber base of 1,3 to 8,2 million, negatively impacted by the subscriber registration requirements and aggressive competition. Total revenue decreased by 3,9 mainly due to lower outgoing voice revenue impacted by a decrease in minutes from a lower subscriber base. This was partially offset by a 13,4 increase in data revenue, which contributed 17,1 to total revenue. This was supported by the introduction of new segmented data bundles and an increase in 3G and LTE coverage. Growth in data revenue was also attributable to a switch from WiMax devices to Gelir TDD devices. Digital revenue contributed 50,2 to data revenue, driven by an increase in digital services offered. MTN Mobile Money continued to make good progress and increased registered subscribers by 10,4 to 3,2 million. The EBITDA margin decreased by 0,6 pp to 36,0. Capex increased 57,1 to R million with a strong focus on 3G and LTE network rollout. During the period, the operation rolled out co-located 3G sites and LTE sites. Subscribers increased by 1,1 to 74,1 million Revenue increased by 1,9 excluding Iran Data revenue increased 44,5 excluding Iran Other MENA in the remainder of the region, the subscriber base declined marginally by 0,4 to 26,8 million. MTN Sudan increased its subscriber base by 4,2 to 8,8 million driven by targeted marketing campaigns. Total revenue increased by 15,7 mainly as a result of strong data revenue growth. Data revenue increased by 78,3 and contributed 27,7 to total revenue as a result of increased data users. Data users increased 4,8 to 4,4 million. Digital revenue contributed 19,4 to data revenue. The EBITDA margin decreased by 1,9 pp to 35,4. Capex amounted to R million for the six-month period. MTN Forex reported a 2,4 decrease in its subscriber base to 5,8 million despite operating in a very challenging environment. Total revenue increased by 10,5 mainly supported by outgoing voice and data revenue. Data revenue increased by 16,9 and contributed 28,8 to total revenue. The EBITDA margin increased by 12,3 pp to 28,6 mainly supported by the decrease in revenue share to 30 from 50 following the conversion of the BOT licence and cost optimisation. Capex in the six-month period amounted to R million. IRAN JOINT VENTURE, EQUITY ACCOUNTED, 49 Subscribers increased by 2,0 to 47,3 million Revenue increased by 8,7 Data revenue increased 65,3 EBITDA margin decreased by 2,4 pp to 37,7 MTN Irancell delivered a sound performance despite a highly competitive environment and regulatory pressure on data tariffs. Subscribers increased by 2,0 to 47,3 million mainly as a result of attractive segmented voice and data offerings, data bundles and a quality 3G and LTE network experience. Total revenue increased by 8,7 gelir by increased data revenue growth partly offset by a decline in outgoing voice revenue of 4,6. Outgoing voice revenue was negatively impacted by the continuous substitution of data services. Data revenue increased by 65,3 underpinned by increased smartphone penetration, a strong 3G and LTE network as well as improved customer experience. The number of smartphones on the network increased 25,8 to 25,8 million. At the end of the period, data revenue contributed 40,6 to total revenue while outgoing voice revenue contributed 38,5. Digital revenue contributed 32,6 to data revenue, supported by strong growth in local lifestyle content-based usage. The EBITDA margin decreased by 2,4 pp to 37,7 as a result of increased transmission costs associated with the data network expansion, rent and utilities as well as marketing costs related to 3G and LTE campaigns. The operation increased capex by 24,8 to R4 million. During the period it added 1 co-located 3G sites and LTE sites. Represents the exclusion of the impact of hyperinflation and the relating goodwill impairment of certain of the Groups subsidiaries MTN Sudan and MTN Syria and the Groups joint venture in Iran, being accounted for on a hyperinflationary basis in accordance with International Financial Reporting Standards IFRS on the respective financial statement line items affected. Duringthe Iranian economy was assessed to no longer be hyperinflationary and hyperinflation accounting was discontinued effective 1 July Represents the exclusion of the financial impact relating to the sale of tower assets during the financial period on the respective financial line items impacted, which include: Tower sales profits for the period related to the Ghana release of deferred profit of R18 million H1 The re-measurement of the contingent consideration receivable from the Nigeria tower transaction tranche 1 of R million and the Ghana release of deferred profit of R13 million. Represents the impact of the Nigerian regulatory fine subsequent to conclusion of the settlement agreement on the respective financial line items impacted, which include: The re-measurement impact when the settlement agreement was entered into on 10 Juneconstituting the difference between the balance of the provision recorded on this date after taking into account interest accrued from the beginning of the financial period up to 9 June and the present value of the financial liability arising on this date in accordance with IFRS included in the EBITDA line The unwinding of the finance costs over the period due to the recognition of provisionfinancial liability at the present value of the future payments included on the finance cost line The minority impact on the items noted above. As the Group will continue in its strategy to monetise its passive infrastructure, similar tower sale transactions may continue going forward. In addition, the impact of hyperinflation on the Groups results will continue for as long as certain of Groups operations are considered to be operating in hyperinflationary economies or the Groups net assets include historic adjustments for hyperinflation that have not yet been fully depreciated or amortised through profit or loss. Going forward, the impact of the Nigerian regulatory fine will be limited to the unwinding of the finance cost element of the future payments over the settlement period, net of minority interests. WORLDWIDE EXCHANGE PTY LTD BLACKTOWN Suite 1 No. ALBERTA EDMONTON WEST EDMONTON MALL UnitChinatown Hall, West Edmonton Mall St. Edmonton, AB T5T 4M2 Operating Hours Monday Friday: EDMONTON AB T5Y 0H8 EDM CO MATILDA G. CALGARY ALBERTA T2A7X6 CO EDMONTON OFC GEMMA WIEBE 50 AVENUE ST. CALGARY ALBERTA T2A7X6 INTL. EDMONTON MILLWOODS ROAD, EDMONTON ALBERTA T6K 4A9 BALL PLACE FORT MCMURRAY AB T9K 2A2 BARAKO JASPER CAFE CONNAUGHT DRIVE JASPER AB T0E 1E0 TRITO LTD. MANITOBA WINNIPEG PORTAGE PLACE SHOPPING CENTRE Unit Portage Avenue Portage Place Shopping Centre Winnipeg MB R3B 3H6 Operating Hours Monday Wednesday Saturday: WINNIPEG MB R2P 2W2 INTL. PIMENTEL PELLY AVE. RUSSELL MANITOBA div ul data-uk-grid-margin LIK SANG PLAZA LIK SANG PLAZA Shop2F Lik Sang Plaza, Castle Peak Road Tsuen Wan New Territories, Hong Kong Operating Hours Monday Saturday: WEST CENTRAL HK SHOP NO. G52, 7 SEAS SHOPPING CENTER KING ROAD NORTH POINT. Sunday, 18 June Forex Umkehr Trading System. Posted by Todd at Share to Twitter Share to Facebook Share to Pinterest. Apple Aktien Optionen Yahoo. Thursday, 15 June Eur Gbp Forex Analyse. Wednesday, 14 June Forex Rm To Rmb.
A maior fraude na história da humanidade - Segredos escondidos do dinheiro 4.
3 thoughts on “Forex gelir vergisi”
Brown admits transfers who will begin their time at the college as first-semester sophomores, second-semester sophomores and first-semester juniors.
An approach advocating conflict has produced strong reactions.
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Forex vergisi


Woody Creek, Colorado, junho de 2016.
& # 8220; & # 8230; uma imagem de litografia que se voltou para a parede & # 8230; & # 8221;
O livro está aqui.
W. W. A edição de bolso de Norton & Drystone de Dry Bones no Vale está disponível nos EUA a partir de 6 de abril de 2015. Caberá a um grande bolso e é adequado para viagens, leitura, insetos e outros usos. Os links para revendedores podem ser encontrados na página do livro.
Em boa companhia.
Na semana passada, assisti ao Prêmio e Festival de Livros do Los Angeles Times. De dia, as jacarandas estavam em flor; Eu nunca vi árvores que eram roxas antes. Sábado à noite, os prodígios nunca cessarão sob as estrelas do céu, Dry Bones no Vale tomou o prêmio na categoria Mistério / Suspense. Na cerimônia, o quarteto de cordas UCF jogou os vencedores dentro e fora do palco. Eu não costumo corro sobre o livro nesta página em particular, mas oi, sentiu e ainda se sente tão estranho e sonhador quanto qualquer outra coisa. # 8230;
Céu antes da pintura do céu.
"Para aqueles de nós que escrevemos poesia, a vida de Stanley Kunitz e sua obra nos lembram que, apesar de ter nascido em um mundo cruel que nos diz que somos duros e separados, é nosso chamado a dançar para a alegria da sobrevivência na borda da estrada. Devemos ter fé em que mudamos, e ainda assim devemos permanecer modestos. A poesia é um fenômeno necessário e natural, nem superior ao trabalho da larva do besouro da tartaruga nem menos maravilhoso. Devemos escolher o amor antes da história de amor, o céu antes da pintura do céu, as flores de gentiana antes do poema, mesmo que essas escolhas possam levar a desgosto. Devemos ser gentis. Devemos estar presentes. Kunitz nos lembra que não negligenciamos a vida humilde que morre em nossos poemas, e não é menos luminosa para ser comum ".
- "Dançar para a alegria de sobreviver: as meditações de Stanley Kunitz sobre a vida escrita" por Dante Di Stefano. Chronicle do escritor, setembro de 2014.
Confira a capa na Faber & amp; Faber & # 8217; s edition (UK).
"Uma noite brilhante e iluminada pela lua, como um dos filhos do fazendeiro que morava em LLwyn On em Nant y Bettws iria pagar seus endereços para uma garota em Clogwyn y Gwin, ele viu o Tylwyth Teg se divertindo em pleno andamento em um prado perto de Cwellyn Lake. Ele se aproximou deles, e, pouco a pouco, ele foi conduzido pela doçura encantadora de sua música e pela vivacidade de seus jogos até que ele entrou em seu círculo. Em breve, uma espécie de feitiço passou por ele, de modo que perdeu seu conhecimento do lugar e encontrou-se em um país, o mais lindo que já havia visto, onde todos passavam seu tempo com alegria e alegria. Ele tinha estado lá sete anos, e ainda assim ele parecia-lhe, mas o sonho de uma noite; Mas uma fraca lembrança veio a sua mente sobre o negócio em que ele tinha saído de casa, e ele sentiu vontade de ver seu amado. Então ele foi e pediu permissão para voltar para casa, o que lhe foi concedido, juntamente com uma série de atendentes para levá-lo ao seu país; e, de repente, ele se viu, como se estivesse acordando de um sonho, no banco onde ele vira a família justa divertindo-se. Ele virou-se para casa, mas lá, ele encontrou tudo mudado: seus pais estavam mortos, seus irmãos não podiam reconhecê-lo, e seu coração estava casado com outro homem. Em consequência de tais mudanças, ele morreu de coração partido em menos de uma semana depois de voltar. "
Como foi dito a John Rhys, autor do Celtic Folklore, Welsh & amp; Manx, Volume One (1901)

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