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A. Company Information:
A INFRASTRUCTURE LIMITED (the 'Company') is a public limited company domiciled in India and is listed on the Bombay Stock Exchange (BSE). The Company is incorporated on 30th August 1980 and formerly known as 'Shree Pipes Ltd.' The Company is mainly engaged in the business of manufacturing of A.C. Pressure Pipes, Couplings, A.C. Sheet & Moulded Goods and laying & jointing of Asbestos Cement Products.
B. Basis of Preparation
1. Statement of Compliance
The financial statements are prepared on accrual basis of accounting and comply in all material aspects with the Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 and subsequent amendments thereto, the Companies Act, 2013 (to the extent applicable), applicable provisions of the Companies Act, 1956. These are Company's first Ind AS compliant financial statements and Ind AS 101 'First Time Adoption of Indian Accounting Standards' has been applied.
For all period upto and including 31st March 2017, the company prepared its financial statements in accordance with Generally Accepted Accounting Principles (GAAP) in India, accounting standards specified under Section 133 of the Companies Act, 2013, the Companies Act, 2013 (to the extent notified and applicable), applicable provisions of the Companies Act, 1956. The Company followed the provisions of Ind AS 101 in preparing its opening Ind AS Balance Sheet as on the date of Transition, viz. 1st April 2016. Some of the Company's Ind AS Accounting policies used in the opening Balance sheet are different from its previous GAAP policies applied as at 31st March 2016, accordingly the adjustment were made to restate the opening balance as per Ind AS. The resulting adjustment arose from events and transaction before the date of transition to Ind AS. Therefore, as required by Ind AS 101, those adjustments were recognized directly through retained earnings as at 1st April 2016. This is the effect of the general rule of the Ind AS 101 which is to apply Ind AS retrospectively.
An Explanation of how the transition to Ind AS 101 has affected the reported financial position, financial performance and cash flows of the Company is provided in note 56.
2. Basis of measurement/Use of Estimates
(i) The Financial Statements are prepared on accrual basis under the historical cost convention except certain financial assets and liabilities that are measured at fair value. The methods used to measure fair values are discussed in notes to financial statements.
(ii) The preparation of financial statements requires judgments, estimates and assumptions that affect the reported amount of assets and liabilities, disclosure of contingent liabilities on the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Difference between the actual results and estimates are recognized in the period in which the results are known/ materialized
3. Functional and presentation currency
These financial statements are presented in Indian Rupees (INR), which is the Company's functional currency. All financial information presented in INR has been rounded to the nearest Lakhs (upto two decimals), except as stated otherwise.
4.1 For Property, Plant and Equipment exisiting as on 1st April 2016, i.e. the date of transition to Ind AS for the company, the company has considered previous GAAP (i.e., IGAAP) carrying value as deemed cost as per the option available under para D7AA of Ind AS 101 "First Time Adoption".
4.2 Vehicles and Leasehold Land having value of Rs. 1,109.78 Lacs (PY-Rs. 88.90 lacs) are held as security towards Borrowings as specified in Note. 16
4.3 Information regarding gross block of property, plant and equipments and accumulated depreciation/amortisation under previous GAAP is as follows:
4.4 Information regarding the gross block of Property, Plant and Equipment as per Previous GAAP:
5.1 During the year, there is no change in issued, subscribed and paid up Preference Share Capital and Equity Share Capital.
5.2 The Company has only one class of equity shares having a par value of Rs. 10 per share. Each Shareholder is eligible for one vote per share. The dividend proposed by the Board of Directors is subject to the approval of shareholders, except in case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company, after distribution of all preferential amounts, in proportion of their shareholding.
6.1 The Company has elected to recognise changes in the fair value of equity investments in other comprehensive income. These changes are accumulated within FVTOCI reserve. The Company transfers amounts from this reserve to retained earnings when the relevant equity securities are derecognised/sold out.
7.1 Nature of Security
All term loans are secured by way of first charge on specific assets of the Company to banks and the personal guarantees of two Directors of the company.
Vehicle loans are secured by hypothecation of vehicles and repayable over a period of 4 to 7 years.
7.2 Terms of Repayment
Term Loan amounting to Rs. 1,570 Lacs and Rs. 399 Lacs repayable in 120 and 86 equal monthly installments. Unsecured Term loan amounting to Rs. 1000 Lacs, Rs. 343 Lacs, Rs. 266 Lacs and Rs. 370 Lacs repayable in 120, 84,120 and 75 equal monthly installments.
8.1 Working capital loans from banks and SLC are secured by way of hypothecation of all present and future inventories and book-debts and other current assets of the company on pari-passu on all Property, Plant & Equipments both present & future and personal guarantees of two directors of the company.
b) Share Split and Bonus Issue
The Board of Directors of the Company at their meeting held on 10th March, 2018 has approved (Subject to approval of members) sub division of Equity Shares of the Company having a face value of Rs. 10/- each fully paid up into 2 (Two) Equity Shares of Rs. 5/- (Rupees Five only) each fully paid up and the Board further approved issue of bonus share in the proportion of 1 (One) Equity Share for every 1 (One) fully paid- up equity shares held by the Members.
Note No. 9 - DISCLOSURE AS PER IND AS 17 LEASES'
The Company acquires land on leasehold basis from the government authorities which can be renewed further based on mutually agreed terms and conditions. The leases are non cancellable. These leases are capitalised at the present value of the total minimum lease payments to be paid over the lease term. Future lease rentals are recognised as 'Finance lease obligation' at their present values. The leasehold land is amortised considering the signifcant accounting policies of the Company.
Note No. 10 - DISCLOSURE AS PER IND AS 19 'EMPLOYEE BENEFIT'
A) Defined contribution plan
During the year company has recognised the following amounts in the Statement of Profit and Loss account.
The amount recognized as expenses for this defined contribution plan in the financial statement is Rs. 183.07 Lakhs (P.Y.-Rs. 178.01 Lakhs) which includes Rs. 10.47 Lakhs (P.Y.- Rs. 10.47 Lakhs) towards contribution for key managerial personnel.
B) Defined Benefits Plan Gratuity
The company has a defined benefit gratuity plan. Every employee who has rendered continuous service of 5 years or more is entitled to gratuity at 15 days salary (15/26 * last drawn basis salary plus dearness allownaces) for each completed year of five years or more (service of 6 Months and above is rounded off as 1 completed year) subject to maximum of Rs. 20 lakhs on Superannuation, Resignation, Termination, Disablement or on Death.
* The discount rate of 7.47% p.a compound is assumed which is determined by reference to the market yield at the Balance Sheet Date on Government Bonds.
** The expected rate of return on plan assets is determine considering several appliacble factor mainly the composition of plan assets held, assessed risk of assets management and historical return from plan assets.
*** The estimates of future salary increase considered in actuarial valuation, taking account of inflation, seniority promotion and other relevent factors, such as supply and demand in the employment market
II) Sensitivity analysis
Reasonable possible change at the reporting date to one of the relevant actuarial assumption, holding other assumption constant, would have effected the defined benefit obligation by the amount shown below.
III) Risk exposure
Valuations are based on certain assumptions, which are dynamic in nature and vary over time. As such company is exposed to various risks as follow -
A) Salary Increases - Actual salary increases will increase the Plan's liability. Increase in salary increase rate assumption in future valuations will also increase the liability.
B) Investment Risk - If Plan is funded then assets liabilities mismatch & actual investment return on assets lower than the discount rate assumed at the last valuation date can impact the liability.
C) Discount Rate - Reduction in discount rate in subsequent valuations can increase the plan's liability.
D) Mortality & disability - Actual deaths & disability cases proving lower or higher than assumed in the valuation can impact the liabilities.
E) Withdrawals - Actual withdrawals proving higher or lower than assumed withdrawals and change of withdrawal rates at subsequent valuations can impact Plan's liability.
Note No. 11 - Disclosure as per Ind AS- 23 'Borrowing Cost'
The amount of Rs. 131.16 Lakhs (31st March, 2017 - Rs. 103.98 Lakhs) has been capitalised during the year.
Note No. 12 - Disclosure as per Ind AS 21 'The Effects of Changes in Foreign Exchange Rates'
The amount of exchange difference (net) debited to the Statement of Profit & Loss is Rs. 90.16 Lakhs (31st March 2017: credit of Rs. 29.55 Lakhs).
Terms and conditions:
All the transactions were made on normal commercial terms and conditions and at market rates. All outstanding balances are unsecured and are repayable through banking transactions.
Note No. 13 - DISCLOSURE AS PER IND AS 37 PROVISIONS, CONTINGENT LIABILTIES AND CONTINGENT ASSETS'
(i) Contingent liabilities :
a) Claims against the company not acknowledged as debts :
Excise duty, Sales tax and Income tax demand (Net of amount charged to Statement of Profit & Loss Rs. Nil) (Previous Year- Rs. Nil) under appeal Rs. 1693.34 Lacs (31st March, 2017- Rs. 1698.57 Lacs and 01st April, 2016- Rs. 1733.91 Lacs)
b) Corporate Guarantee given to bank aggregating Rs. Nil (31st March, 2017 - Rs. 775 Lakhs and 01st April, 2016 -Rs. 775 Lakhs) in respect of working capital facilities granted to other body corporate.
c) Municipal Corporation, Ahmedabad had demanded octroi @ 4% in place of @ 2.25% on imported mineral fibre while clearance of first consignment after imposition of octroi, against which Company has filed civil suit. The Company has deposited the demand under protest. For subsequent clearances, Municipal Corporation had accepted octroi @2.25%.
(ii) Committments
Estimated amount of contract remaining to be executed on capital account and not provided for amounting to Rs. 37.11 Lakhs (31st March, 2017- Rs. 37.09 Lakhs and 01st April, 2016 - Rs. 756.53 Lakhs)
Note No. 14 - DISCLOSURE AS PER IND AS 107 'FINANCIAL INSTRUMENT DISCLOSURES'
A) Capital management
The capital structure of the Company is based on management's judgement of its strategic and day-to-day needs with a focus on total equity so as to maintain investor, creditors and market confidence. The management and the Board of Directors monitors the return on capital as well as the level of dividends to shareholders. The Company manages its capital so as to safeguard its ability to continue as a going concern and to optimise returns to shareholders. The Company may take appropriate steps in order to maintain, or if necessary adjust, its capital structure. The primary objective of Company's capital management is to maximize shareholder's value and to maintain an appropriate level of debt and equity. The company manages its capital structure and makes adjustments in the light of changes in economic environment and the requirements of financial covenants.
The company manages its capital using the Capital Gearing Ratio which is Net debt divided by total equity. For the purpose of Company's Capital Management , capital includes issued equity share capital and other equity (excluding preference share capital) and net debt comprises of long term and short term borrowings less cash and cash equivalent.
B) Financial risk management
The Company's Financial Risk Management is an integral part of how to plan and execute its business strategies. The Company's financial risk management is set by the Managing Board. The Company's prinicipal financial liabilities comprise loans and borrowings, trade payables and other payables. The main purpose of these financial liabilities is to finance the company's operations. The company's principal financial assets include trade & other receivables and cash and short term deposits.
In the below mentioned table, there are some risks which the company is exposed from its use of financial instrument:
i) Market Risk
Market risk is the risk that changes in market prices, such as foreign exchange rates and interest rates will affect the Company's income. The objective of market risk management is to manage and control market risk exposures within acceptable parameters, while optimising the return.
The Board of Directors is responsible for setting up of policies and procedures to manage market risks of the Company. All such transactions are carried out within the guidelines set by the risk management committee.
a) Foreign Currency Risk
Majorally, the company is operating their business in its functional currency, therefore the company is not exposed to any significant risk with regards to fluctuation in foreign currency rates.
b) Interest Rate Risk
Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rate. In order to optimize the Company's position with regards to interest income and interest expenses and to manage the interest rate risk, treasury performs a comprehensive corporate interest rate risk management by balancing the proportion of fixed rate and floating rate financial instruments in its total portfolio.
At the reporting date the interest rate profile of the Company's interest-bearing financial instruments is as follows:
Interest rate sensitivity
The following table demonstrates the sensitivity to a reasonably possible change in interest rates on that portion of loans and borrowings affected. With all other variables held constant, the Company's profit before tax is affected through the impact on floating rate borrowings, as follows:
c) Price risk
The company's exposure towards price risk arises from investments held in equity shares and classified in Balance Sheet as fair value through Other Comprehensive Income or Fair Value through Profit & Loss. To manage its price risks arising from investments in equity securities, the company diversifies its portfolio. Diversification of portfolio is done in accordance with the limits set by the company except one as stated in Note No.5. All of the company's equity investments are publicly traded and are listed in the NSE and BSE respective stock exchanges.
ii) Credit risk
Credit risk arises from the possibility that counter party may not be able to settle their obligations as agreed. It encompasses both the direct risk of default and the risk of deterioration of creditworthiness as well as concentration risks. To manage this, the Company periodically assesses the financial reliability of customers, taking into account financial conditions, current economic trends, analysis of historical bad debts and ageing of accounts receivable and based upon that categories the same for write off. Where loans or receivables have been written off, the Company continues to engage in enforcement activity to attempt to recover the receivable due. Where recoveries are made, these are recognized in Statement of Profit and Loss.
A. Provision for Expected Credit or Loss
(a) Financial assets for which loss allowance is measured using 12 month expected credit losses:
The Company has assets where the counter-parties have sufficient capacity to meet the obligations and where the risk of default is very low. Accordingly, no loss allowance for impairment has been recognized.
(b) Financial assets for which loss allowance is measured using life time expected credit losses:
The Company provides loss allowance on trade receivables using life time expected credit loss and as per simplified approach.
B. Exposure to Credit Risk
The carrying amount of financial assets represents the maximum credit exposure. The maximum exposure to credit risk was Rs. 7,132.38 Lakhs as at 31st March, 2018, Rs. 6,797.92 Lakhs as at 31st March, 2017 and Rs. 6,104.54 Lakhs as at 1st April, 2016, being the total of the carrying amount of balances with banks, short term deposits with banks, trade receivables, margin money, loans & advances and other financial assets excluding equity investments.
iii) Liquidity Risk
Liquidity risk is defined as the risk that the Company will not be able to settle of meet its obligations on time or at a reasonable price. The Company's treasury department is responsible for liquidity, funding as well as settlement management. In addition, processes and policies related to such risks are overseen by senior management. Management moniters the Company's net liquidity position through rolling forecasts on the basis of expected cash flows.
Note No. 15 - DISCLOSURE AS PER IND AS 108 'OPERATING SEGMENTS'
The Company is mainly engaged in the business of manufacturing of A.C.Pressure Pipes, Couplings, A.C.Sheet & Moulded Goods and laying the jointing of Asbestos Cement Products, which as per Indian Accounting Standard - 108 'Operating Segments' and in the opinion of the management, is considered to be the only reportable operating segment.
Note No. 16 - DISCLOSURE AS PER IND AS 113 'FAIR VALUE MEASUREMENT'
Fair Value Hierarchy
This section explains the judgements and estimates made in determining the fair values of the financial instruments that are:-
(a) recognised and measured at fair value and
(b) measured at amortised cost and for which fair values are disclosed in financial statements. To provide an indication about the reliability of the inputs used in determining fair value, the Company has classified its financial instruments into three levels prescribed under the accounting standard.
Fair value are categorised into different level in a fair value hierarchy which are as follows:
Level 1 Level 1 hierarchy includes financial instruments measured using quoted prices.
Level 2 The fair value of financial instruments that are not traded in an active market is determined using valuation techniques which maximise the use of observable market Level 3 If one or more of the significant inputs is not based on observable market data, the instrument is included in Level 3.
Valuation Techniques used to determine fair values:
Specific valuation technique is used to determine the fair value of the financial instruments which include:
i) For Investments in Equity Investments- Quoted Market prices are used
ii) For financial liabilities (domestic currency loans) :- appropriate market borrowing rate of the entity as of each balance sheet date used.
Fair Value of Financial instrument measured at Amortised Cost
The fair value of the short term borrowings, trade payables, trade receivables, cash & cash equivalents, other financial assets and liabilities are considered to be the same as their carrying amounts, due to their short term nature.
Note No. 17 - STANDARDS ISSUED BUT NOT YET EFFECTIVE
The standard issued, but not yet effective up to the date of issuance of the Company financials statement is disclosed below. The Company intends to adopts this standard when it becomes effective.
Ind AS 115 Revenue from Contracts with Customers
The effective date for adoption of Ind AS 115 is financial periods beginning on or after 1st April, 2018. The company will adopt the standard on 1st April, 2018 by using the cumulative catch-up Transition method and accordingly comparatives for the year ending or ended 31st March, 2018 will not be retrospectively adjusted. The company is evaluating the requirements of the amendment and the effect on the financial statement is being evaluated.
Ind AS 21 -The Effect of Changes in Foreign Exchange Rates
The amendment clarifies on the accounting of transactions that include the receipt or payment of advance consideration in a foreign currency. The appendix explains that the date of the transaction, for the purpose of determining the exchange rate, is the date of initial recognition of the non-monetary prepayment asset or deferred income liability. If there are multiple payments or receipts in advance, a date of transaction is established for each payment or receipt. During the current year, the Company performed a preliminary assessment of Ind AS 115, which is subject to changes arising from a more detailed ongoing analysis.
Note No. 18 - DISCLOSURE AS PER IND AS 101 'FIRST TIME ADOPTION OF IND AS
These are the company's first standalone financial statements prepared in accordance with Ind AS. The accounting policies set out in note 1 have been applied in preparing the financial statements for the year ended 31 March 2018, the comparative information presented in these financial statements for the year ended 31 March 2017 and in the preparation of an opening Ind AS Balance Sheet as at 1 April 2016 (the Group's date of transition). In preparing its opening Ind AS Balance Sheet, the Group has adjusted the amounts reported previously in financial statements prepared in accordance with the accounting standards notified under Companies (Accounting Standards) Rules, 2006 (as amended) and other relevant provisions of the Act (previous GAAP or Indian GAAP). An explanation of how the transition from previous GAAP to Ind AS has affected the group's financial position, financial performance and cash flows is set out in the following tables and notes.
Any resulting differences between carrying amounts of assets and liabilities according to Ind AS 101 as of 1st April, 2016 compared to those presented in the Indian GAAP Balance Sheet as of 31st March 2016, were recognised in the equity under retained earnings with Ind AS Balance Sheet.
Exemptions and Exceptions availed
Accordingly the Company has prepared the financial statements in accordance with IND AS for the year ending 31st March, 2018. In preparing such statements the Opening Balance Sheet was prepared as at 1st April 2016, the company's date of transition to IND AS. This note explains principal adjustments made in order to restate its Indian GAAP financial statements including the Balance Sheet as at 1st April, 2016 and Financial Statements as at and for the year ended 31st March, 2017.
Set out below are the applicable Ind AS 101 optional exemptions and mandatory exceptions applied in the transition from Previous GAAP to Ind AS.
Ind AS Optional Exemptions:
i) Deemed Cost
As per Ind AS 101, para D7AA, a first-time adopter to Ind AS may elect to continue with the carrying value for all of its property, plant and equipment as recognised in the financial statements as at the date of transition to Ind AS, measured as per the previous GAAP and use that as its deemed cost as at the date of transition after making necessary adjustments for de-commissioning liabilities.Accordingly, the Company has elected to measure all of its property, plant and equipment and intangible assets at their previous GAAP carrying value.
ii) Borrowings
Ind AS 101 permits that if it is impracticable for an entity to apply retrospectively the effective interest method in Ind AS 109 'Financial Instruments', the fair value of the financial liability at the date of transition to Ind AS shall be the new amortised cost of that financial liability at the date of transition to Ind AS Accordingly, Company has elected to apply this exemption.
(iii) Arrangements Containing a Lease
Appendix C, Ind AS 17 requires an entity to assess whether an arrangement contains a lease at its inception. However, para D9 of Ind AS 101 provides an option to make this assessment on the basis of facts and circumstances existing at the date of transition to Ind AS. The Company has elected to apply this exemption for such arrangements.
(iv) Designation of previously recognised Financial Instrument
As per para D19B of Ind AS 101, an entity can designate investments in Equity instruments at FVTOCI on the basis of the facts and circumstances that exists at the date of transition to Ind AS.The Company has elected to apply this exemption for its investment in equity instruments in Balrampur Chinni Mills Limited and Bajaj Hindustan Sugar Limited.
Ind AS Mandatory Exceptions:
i) Estimates
An entity's estimates in accordance with Ind AS at the date of transition to Ind AS shall be consistent with estimates made for the same date in accordance with previous GAAP (after adjustments to reflect any difference in accounting policies), unless there is objective evidence that those estimates were in error.
Ind AS estimates as at 1st April, 2016 are consistent with the estimates as at the same date made in conformity with previous GAAP. The company made estimates for following items in accordance with the Ind AS at date of transition as these were not required under previous GAAP.
- Investment in equity instrument carried at FVTOCI
- Investment in equity instrument carried at FVTPL
ii) Classification and Measurement of financial assets
As per Ind AS 101, para B8, an entity is required to assess the classification and measurement of financial assets (investment in debt instruments) on the basis of the facts and circumstances that exist at the date of transition to Ind AS.
iii) Derecognition of financial assets and financial liabilities
As per Ind AS 101. para B2, a first-time adopter shall apply the derecognition requirements in Ind AS 109 prospectively for transactions occurring on or after the date of transition to Ind AS.
Reconciliations between previous GAAP and Ind AS
Ind AS 101 requires an entity to reconcile equity, total comprehensive income and cash flows for prior periods. The following tables represent the reconciliations from previous GAAP to Ind AS.
Notes to Reconciliation
1. Land under Finance Lease
Under Previous GAAP, leasehold land was capitalized at an amount equal to the Upfront Payments made at the time of lease. However, under Ind AS, such lease are to be capitalised at the present value of the total Minimum Lease Payment to be paid over the lease term. Accordingly, future lease rentals have now been recognised as a 'finance lease obligation' at their present values. The effect of the adjustment has resulted in reduction in retained earnings by Rs. 8.11 lakhs with corresponding increase in Property, Plant and Equipment by Rs. 0.33 Lakh, Non Current Financial Liabilities by Rs. 7.36 lakh and Current Financial Liabilities by Rs. 1.08 lakh towards finance lease obligation as at 1st April 2016 and 31st March, 2017.
2. Fair Valuation of Investments
Under previous GAAP, the long-term investments were measured at cost less permanent diminution in value, if any and current investments at lower of cost or market value. However, Ind AS requires all investments are to be measured at fair value at the reporting date and all changes in the fair value subsequent to the transition date to be recognised either in the Statement of profit and loss or Other Comprehensive Income (based on the category in which they are classified).This has resulted in increase in value of investment and other equity by Rs. 0.65 Lakhs and Rs. 0.71 Lakhs as at 31st March 2017 and 1st April 2016 respectively.
3. Bank Balance Other than Cash and Cash Equivalents
Certain amount of Cash and cash equivalents has been reclassified to Other Bank Balances in accordance with Ind AS 7-Statement of Cash Flows and Divison II of Schedule III of Companies Act, 2013.
4. Other equity
Retained earnings as at 1st April 2016 has been adjusted consequent to the above Ind AS transition adjustments. Refer 'Reconciliation of total equity as at 31st March 2017 and 1st April 2016 as given above for details.
5. Borrowings
Under previous GAAP, the Company has followed the policy of charging the transaction costs to the Statement of Profit and Loss as and when incurred. However under Ind AS, transaction costs are amortized as an interest expense over the term of the related loan using Effective Interest Rate Method. The Company has raised secured and unsecured loans from banks and financial institutions on which it has incurred transaction costs.The above resulted in reduction in borrowings as at 31st March 2017 by Rs. 13.66 lakhs with corresponding reduction in Statement of Profit and Loss.
6. Deferred Tax
Indian GAAP requires deferred tax accounting using the income statement approach, which focuses on differences between taxable profits and accounting profits for the period. Ind AS 12 'Income Taxes' requires entities to account for deferred taxes using the balance sheet approach, which focuses on temporary differences between the carrying amount of asset or liability in the balance sheet and its corresponding tax base. The application of Ind AS 12 approach has resulted in recognition of deferred tax on new temporary differences which was not required under Indian GAAP.In addition, the various transitional adjustments lead to temporary differences. According to the accounting policies, the Company has to account for such differences. Deferred tax adjustments are recognized in correlation to the underlying transaction in Retained Earnings.
7. Proposed Dividend and Dividend Distribution Tax
Under Previous GAAP, proposed dividends are recognized as liability in the period to which they relate irrespective of the approval by shareholders. Under Ind AS, proposed dividend is recognised as a liability in the period in which it is declared by the company (on approval of Shareholders in a general meeting) or paid. Therefore, the liability amounting Rs. 64.16 Lakhs (inclusive of Dividend Distribution Tax) recorded under previous GAAP has been derecognised as on 31st March, 2017 and 01st April, 2016. The same is now recognised in the Financial Year 2017-18 and 2016-17, when dividend was approved by shareholders in the Annual General Meeting.
8. Revenue From Operations
Under Indian GAAP, sale of goods was presented as net of excise duty. However, under Ind AS, sale of goods includes excise duty. Excise duty on sale of goods is regrouped under Other Expenses in the Statement of Profit and Loss accordingly.
9. Other Income
Under Previous GAAP, any gain/loss on sale of property, plant and equipment or long term investment are shown as an exceptional items. However, under Ind AS, the same will be shown under the head 'Other Income'.
10. Actuarial Gain or Loss on Defined Benefit Plans
Both under Indian GAAP and Ind AS, the company recognized costs related to its post employment defined benefits plan on an actuarial basis. Under Indian GAAP, the entire cost including actuarial gain/loss are charged to Statement of Profit and Loss. However, under Ind AS, remeasurements are recognized in Other Comprehensive Income.As a result Profit for the year ended 31st March 2017 has decreased by Rs. 8.26 Lakhs (net of tax) with corresponding increase in Other Comprehensive Income during the year.
11. Depreciation
Under Previous GAAP, the company had Revaluation Reserve in their books of accounts from which the depreciation relating to revaluation of assets was deducted. However, under Ind AS, the company has transferred the balance of Rs. 478.13 Lakhs from Revaluation Reserve to Retained Earnings. This has resulted the increase in the amount of depreciation by Rs. 63.35 Lakhs with a corresponding decrease in the Profits of the company for the year ending 31st March, 2017.
12. Other comprehensive income
Under previous GAAP, the Company has not presented other comprehensive income (OCI) separately. Items that have not been reclassified from Statement of Profit and Loss to Other Comprehensive Income includes Remeasurement of Defined Benefit Plans and Fair Value Gain/Loss on FVTOCI designated Equity Instruments. Hence, Previous GAAP Profit & Loss is reconciled to Total Comprehensive Income as per Ind AS.
13. Cash Flow Statement
Cash flow from Operating activities under Ind AS has increased mainly due to including the Other Borrowing cost and Bank Balance Other than Cash and Cash Equivalents under the Interest expense, Cash flow from investing activity has incresed by adding the gain on sale of investments. Further, the increase of Other Borrowing Cost in operating activity leads a corresponding effect of decrease in the Cash flow from Financing Activity.
a) Tax Assessment
Liability, if any, arises on completion of pending assessment in respect of VAT, Service Tax, Income Tax, etc. will be provided in the year of completion of such assessment.
b) Details of Dues to the Micro and Small Enterprises as defined under the Micro, Small and Medium Enterprises Development Act, 2006*
*The Company has initiated the process of identification of suppliers registered under Micro and Small Enterprise Development Act, 2006, by obtaining confirmations from all suppliers. Information has been collated only to the extent of information received.
c) Licensing agreement with Gujarat Composite Ltd.
The Company has entered into License Agreement with Gujarat Composite Limited (GCL-Licensor) on 07.04.2005 for running their unit for manufacturing of AC Sheet and Cement manufacturing units at Digvijaynagar, Ranip, Ahmedabad for a period of 84 month on license basis, extendable to further period of 84 months on mutual consent. As per the License Agreement upon expiry of license period, the GCL would be under obligation to take over all the current assets of A Infrastructure Ltd. (Licensee) pertaining to or in connection with the operation of AC Sheet and Cement manufacturing units at their book value and make the payment if any for this to the Licensee forthwith. Further, after expiry of the license period or the extended period, the Licensee shall vacate and handover the possession of AC Sheet and Cement manufacturing units to the Licensor upon receipt of payment if any due to be received from the Licensor under this agreement. The company served notice in March, 2012 to GCL to pay all dues including book value of current assets pertaining to or in connection with the operation of AC sheet and Cement manufacturing unit as per the license agreement. However the Licensor has failed to take over the possession of Unit by making payment of dues on expiry of the license period. Subsequently an application dated 23.05.12 was filed by Labour Union viz Gujarat Mazdoor Panchayat , the Hon'ble Industrial Tribunal Ahmedabad, has directed vide its order dated 07.06.2012 to A Infrastructure Ltd. to run the Production activities & continue to pay wages, in the same manner to all those workers who are employed and utilized by A Infrastructure Ltd for the production activities at the factory situated at Digvijay Nagar, Ranip, Ahmedabad provided that no hindrance, obstructions and the like is caused by M/s GCL and/or other authorities. M/s GCL is party in the said proceeding and had given an undertaking to the Industrial Tribunal to this effect. In spite of several notices being served to Licensor from time to time, possession of the Unit has not been taken back by GCL. Based on the above facts, circumstances and uncertainty of time regarding taking back of the possession of the Unit by making payment of dues in terms of licence agreement, the company has decided not to charge interest on balance recoverable from GCL from Financial Year 2014-15 onwards. Further Bonus in addition to leave and license fees recoverable from GCL has also not been provided in the books since Financial Year 2014-15 onwards. Year wise amount not provided in the books since financial year 2014-15 are as under :-
These will be provided in the books upon its receipt from GCL. Therefore total Amount recoverable from GCL as on 31.03.2018 is Rs. 3812.03 Lakhs including amount already provided in the books Rs. 1843.33 lakhs shown under Current Assets sub heading short term loans and advances as per accounting policies consistently following by the company. (Previous year Rs. 3264.41 Lacs including amount provided in the books Rs. 1862.76 lakhs). The company has filed civil suit for recovery of the amount and other reliefs in the Commercial Court, Ahmedabad and GCL has filed an appeal for appointment of Arbitrator under section 8 of the Arbitration Act, 1996 bearing reference IAAP No.63/2017 with Hon. High Court which was subsequently withdrawn by GCL with a liberty to file fresh petition. Thereafter GCL had again filed an appeal bearing reference IAAP No.90/2017 on 13-07-2017 under section 11 of the Arbitration Act, 1996. Confirming to decision of High Court the appeal deserve to be dismissed and was, accordingly, dismissed.
Previous Year's figures have been regrouped/reclassified wherever necessary to correspond with the current year's classification/disclosure.


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Hi lovelies,
I sometimes like to use my blog for personal life updates, that I wouldn't necessarily share on YouTube.
So I thought I could share a few things that are going on in my life right now with you.
A while back I had to close my readings for a few weeks, I didn't have the energy to offer them at the time, and frankly I was really depressed; I usually don't share these things, but I really had a hard time.
However, it gave me also the opportunity to reflect and to evaluate my life choices and to think about what needs to change.
So since a few months I am on a healing journey. Especially the last weeks I shifted my focus so much towards myself, and I would even say I may act a little bit selfish lately., putting myself first ( after my pets of course...lol).
I take much better care of my body, by making better diet choices and starting to exercise much more, I take more care about my mental health, by allowing myself much more rest and overall better work/fun balance and I take much more time for my own spiritual practices.
For many this might be normal, but I also know that many of us struggle with this.
To be clear, I didn't went through a major life change, I just tweaked around a bit, but there is a weird shift happening at the moment.
I often mentioned how I struggled to accept myself, especially my body, but the further I walk the path of this healing journey the more I started to accept my body and my appearance as what it is. I will never be perfect, none of us are, and suddenly this is okay.
For the longest time I was always hiding behind the camera for my videos, but since a couple of weeks I started to do videos with me in front of it, and until now I have every intention to share them.
My first one will be up in a couple of days, so I have no idea how my subscribers will react to this, and I do have trolls every now and then on my channel, so I'm still pretty nervous about this, but it feels right to do it anyway. Still possible that every bit of confidence I've built up over the last weeks, will be destroyed within a day, but let't stay positive for now.
Another thing that I've started at the beginning of the year is a 30 day Yoga challenge.
I do yoga for many years now, but I was never really consistent with it. I mostly did it only once a week and sometimes a month nothing at all. When I started to drive bicycle last summer, I also thought that this would be enough exercise. However it is winter now, the bike is standing warm and cozy in the cellar and I've missed the exercise, sure I have a home trainer, but it's really not the same.
While I felt really down and sad, I searched for Yoga Videos for depression and than I found a channel that I really liked and a yoga practice I can really relate to. The channel is Yoga with Adriene
She has a lot of content and also a few 30 days challenges, currently I'm participating in Yoga Camp
I'm only at day nine now, but the simple practice to show up for yourself each day, and to allow this time for yourself has a huge impact on my current journey.
Today was the first day I really wasn't in the mood to go on the mat. I haven't slept for two days, and I had quiet a headache this morning, so I know I'm not going to be very productive today. But I did went through the program and I feel so much better now, especially because I didn't have to go through it, but again, I allowed myself to practice. The routines are not too exhausting and she has a good balance between letting you work and letting you rest, so I'm very positive at this moment that I'm going to manage the 30 days, and than whatever comes afterwards.
I hope you all have a wonderful day
Many blessings from a cheerful soul

subset: commoncrawl


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IT Industry Steps Up Conflict Materials Crackdown
A coalition of leading IT firms is accelerating efforts to ensure they do not source so-called "conflict minerals" ahead of the introduction of new U.S. legislation designed to tackle the trade in minerals from the Democratic Republic of Congo, which is widely blamed for fuelling conflict in the war-torn state.
The group, which includes Apple, Dell, HP, and Microsoft, as well as a number of investment and engineering firms such as Trillium Asset Management and General Electric, is working on a new supply chain mechanism whereby minerals sourced from mines that adhere to ethical and sustainability standards will be suitably labelled, and purchasers will only use smelters that have been certified as being 'conflict-free'.
Speaking to BusinessGreen, Tim Mohin, co-chair of the multi-stakeholder group and director for corporate responsibility at chip giant AMD, said the new system aims to provide a standardised approach for tracking minerals such as tantalum, tin, gold and tungsten, many of which are used in electronic equipment. Manufacturers will then be able to demonstrate that they are only sourcing minerals from conflict-free smelters.
The move comes as new legislation passed in the U.S. last year as part of the Dodd-Frank Wall Street Reform Act is poised to come into effect in the coming financial year.
The new rules require firms to disclose their due diligence efforts when sourcing minerals from conflict zones. Securities and Exchange Commission (SEC) filings will have to include this information.
Mohin said the rules would not block firms from sourcing conflict minerals, but he predicted that the majority of firms would look to improve their supply chain management and due diligence measures to avoid complaints from human rights groups and investors. "The pressure of the sunshine will be there," he said, adding that IT firms were now leading the way in attempting to tackle the problem.
In related news, the Enough group, which campaigns against human rights abuses, last week delivered a petition with over 26,000 signatures to the SEC urging it to ensure that the final version of the conflict minerals regulations are robust and adequately enforced.
This article originally appeared on BusinessGreen, and is reprinted with permission.
Photo CC-licensed by the U.S. Army.


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South African Dancer, DJ and Choreographer, Courtnae' Paul is on all levels, career and lifestyle goals right now.
The Durban born beauty has shared the stage with international artists such as Lil Wayne and Rae Sremmurd, choreographed and performed with the likes of queen Sho Madjozi and is on the verge of releasing her first DJ single titled No Other Way.
Glamour caught up with Courtnae' for a candid interview about her career, being a woman of colour in the entertainment industry and the need for female representation from the LGBTQI community in South Africa. Take a look at the Q&A below.
Where did your journey as a breakdancer and overall creative powerhouse begin? As in, what sparked the passion and vision.
The passion was sparked rather unconsciously lol. I had been a gymnast from 6 and had little to no idea that I could dance. I think it shocked me just as much as it shocked my family, even though I was a regular performer along with my sisters and cousins in our family lounge, dancing and singing for anyone my parents told us to - sans payment lol.
I started dancing by mistake around 13 years old and it soon became an obsession, which saw me landing my first professional choreography gig at 15. Once I started dancing, I realised what I was supposed to be doing all along, and the rest is history.
My vision has constantly expanded as my achievements reach new heights. This also fuels me to see just how far I can take what is dubbed 'not a real job', and it hasn't been a bad journey so far.
Have you had to deal with criticism and pushback as a woman of colour? How did you overcome?
Definitely! There are two barriers to success in that sentence alone. 1. Being a woman, and 2. Being of colour. My issues have always been slightly different, as a coloured female from Durban, I mostly sit on the fence. I'm not light enough nor dark enough, I don't fit the industry female stereotype, nor do I fit the coloured stereotype that has been perpetuated by most media, and this alone causes a level of pushback.
Society is obsessed with boxing and labelling so if you aren't easily placed, you aren't easily put on. Being female isn't and hasn't ever been easy - in most industries or social settings. We have to work much harder to be recognised and even then, we are watered down to 'you're good for a female' or being booked around Women's month lol, it's crazy.
Overcoming is constant effort. New levels of your life and career forces you to deal with new levels of adversity. I overcome by staying true to myself, putting my head down and being consistent, producing work I am happy with, and never wavering on my vision.
You're very open about your relationship on social media. Have you always been open? Have you encountered any judgement or criticism that hindered your career growth or had a negative impact on you or your brand?
To an extent yes. We kept it quiet for about a year or so until we felt like letting the world in a little. I don't believe in being secretive, but my life and relationship is kept more private than public.
Yes, to judgement, criticism and negative impacts. Just judging on the latest trends alone such as #MeToo and #AmINext most females speak on being harassed or manipulated by men in the industry for opportunities - imagine how much harder it is to open a door when right off the bat, you're not interested in whatever the side offer is.
This has so many elements to it, but it definitely lands you valuable lessons, tough skin, and teaches you to get more creative with how you achieve success.
How accepting or respectful do you think South Africa is of bisexual, lesbian, queer women? I mean yes, we have our Somizi's, Rich Mnisi's, Athi Patra Ruga's but women in the LGBT community seem to fade into the background.
They are still men and therefore get to keep their male privilege and place in society - even though this isn't the case for all gay men. I think it also has a lot to do with perceptions. Gay men are perceived to be more fun to be around, flamboyant, funny etc. and lesbian women are perceived to be more serious, hard up, and trying to replace men - which isn't the case at all.
Do you think mainstream media is ready for a female 'queer hero'? Someone that the coming generation can look at and feel that success is attainable regardless of whether she is stereotypically feminine, or of her sexual orientation or her brown skin.
I'm not sure... maybe mainstream will be ready when it's more profitable? We have many queer female heroes. One specifically is my friend Bev Ditsie. She was the first African lesbian to address gay and lesbian rights to the U.N., started the first Pride march in Africa and recently received an honorary doctorate from U.S. university.
One of my dreams is to give generations to come an easier, safer and less lonely path. A path with more successful heroes that look like them, sound like them, and made it through the struggles they experience. Representation is so important.
What's the greatest fear you've had to overcome to get to where you are today?
The fear of failure. The fear of having all the blood, sweat and tears amount to nothing. But I've learnt to get out of my own head and have blind faith in my vision because being average really doesn't sit well with me.
Your work is physically and mentally demanding. What keeps you disciplined, focused and grounded?
Whenever I feel overwhelmed, I go back to the basics. Back to music, training, learning and realigning with what I want for my life. When I'm drained and feeling demotivated, I take some time to myself, re-centre, rest, spend time with the people I love, eat EVERYTHING and do the things that make me happy.
In this male-dominated industry, have you seen any acknowledgeable movement towards equality and inclusivity compared to when you started out?
Yes and no. You see the effort around Women's month or when there is a hashtag, but no noticeable change yet. We will continue to fight for it daily.
If you could give 3 key pieces advice to anyone considering a career in the arts, dance, entertainment industry what would it be?
1.Educate yourself, and that doesn't only include formal education.
2.Know where you want to take your craft because you need to pinpoint what will aid your growth or leave you stagnant.
3.Work harder than you need to, don't get caught up in the hype, and take rejection on the chin, it's just someone's opinion after all.
How do you maintain a healthy work-life balance?
I don't! LOL. I generally work way too much, but I love what I do so I don't need the break. There are definitely days that see me wake up, shower and get right back into bed, but my work takes me to some amazing places, so I get to live my life, while I work. I don't chase holiday's but more of a lifestyle.
While my life may not be balanced in terms of work and rest, I love to keep it balanced with giving back and social projects.
What are your top three 5-year goals?
1.Travel and grow my brand globally. I've been booked in 6 new countries and travelled to 8 in this year. It's not enough.
2.Have all my passion and social projects come to life.
3.Be alive, happy and healthy.
How would you describe your style?
Urban, androgynous and clean mixed with a little 'I don't know what the hell I'm doing.'
But always a dope sneaker!
Who are your style icons? Local and international.
I wouldn't say that I have style icons as I think I take bits and pieces from random trends that I like.
Do you have a skincare routine/ritual you swear by, what is it?
I'm not too hectic about my skin however I am a little OCD with cleanliness, so I love to keep it clean and never sleep with makeup on. This might be off-topic, but I also drink loads of water.
What are three things you never leave the house without?
1.Glasses (so I can see)
2.A watch
3.A good (or sometimes bad) attitude lol
What is your current go-to happy song?
My soon to be released first DJ single! #NoOtherWay
What do you enjoy doing with your free time?
Spending time outdoors, hanging out with family and friends, going dancing, but my favourite? Is just being in my home, arg, nothing beats it.
So, we know you are multitalented, you can dance, DJ, you're a killer businesswomen and just overall powerhouse. Is there anything you're really bad at?
I can't draw to save a single life! Not one.
How did you and your current partner meet? Was it love at first sight?
We've been friends for many years, so it was more a realisation of kindred spirits at first sight. Like meeting a crazier, shorter version of yourself.
Photography by: Zane Titizana, Kevin Sawyer & Mpumelelo Macu


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Enjoy a GPS scavenger hunt game that will help you get more familiar with Austin. Once you arrive at the Austin Visitor Center, you will be greeted by your group facilitator and given an orientation of the MOST exciting new sightseeing game/tour. It takes just a few minutes to create your team name and you are off to the races to save the world from evil! When you want to ENJOY Austin Texas there are places that you must see, the State Capital and the Driskill Hotel. This historical based sightseeing journey is a technology based game that will help you get familiar with Austin. We provide the IPads to play the game. You may use an action pack to solve difficult riddles and puzzles on your way to the State Capitol of Texas. We prefer to keep teams to six so may launch multiple groups at one time where scores are calculated for those who like competition.
Imagine a video game that has suddenly come to life. Austin Cluetivity is a game that combines state-of-the-art augmented reality technology with a mapped scavenger hunt that consists of trivia like questions, riddles, puzzles, mysteries, and more. Clues to solve the mysteries will be found in both real and animated worlds. Each team will receive an iPad with the game pre-loaded, and an 'action-pack' with tools needed to solve the mysteries. A magical map will appear on the iPad to navigate you towards dropped pins (or crystals) using built-in GPS technology. The location of your team will be shown on the map to aid you in reaching each destination. Once your team is in close proximity to the crystals (or pins), a question or task will appear on the screen. You will need to use the provided 'action-pack' tools to solve the mysteries and earn points. Your group will be guided by a 3D goblin who can give hints and help you along your journey. Each unique mapped route will consist of popular downtown destinations, scenic areas, shopping districts, historical locations, coffee shops, and more. In these areas you will find hints and clues to help you solve the mysteries, and earn points. The team with the most points when the timer runs out, wins!
Special Offer - Book and save 10% compared to the local supplier's prices! - Book Now!
Special Offer - Book and save 10% compared to the local supplier's prices! - Book Now!


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The Best of Austria & Switzerland with Romantic Rhine 2021
The Best of Austria & Switzerland with Romantic Rhine 2021
Operator: Avalon Waterways
Ship: Panorama
Starts: Vienna, Austria on Wed, Jun 30, 2021
Ends: Vienna, Austria on Sat, Jul 17, 2021
Why Pay Retail? Call us or click for a quick quote and save money!
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Upgrade to a Panorama Suite for Free on 2021 Europe River Cruises
Upgrade to a Panorama Suite for Free on 2021 Europe River Cruises
Promotion Details
*Book a select 2021 Avalon Waterways Europe river cruise in a Panorama Suite (cabin category B, A or P) and receive the cost of the cabin upgrade from a category E Deluxe Stateroom for free. Booking must be made under deposit and discount applied between June 2 and November 9, 2020 for travel at select times in 2021. Not applicable to charters or custom tours. Offer does not apply to Category D, E or Royal Suites. Discount will apply to individual members of groups adding a name and non-refundable per person deposit. Offer reliant on space availability and may be withdrawn at any time. Offer combinable only with Peace of Mind and/or Welcome Back Credits. Applies to new bookings only; offer will not be applied to existing bookings. Full cancellation penalties will apply. Additional restrictions may apply; see Travel Terms & Conditions for details. May be withdrawn at any time. Offer applies to participating GFOB offices only. XTRJT
Save $1500 on 2021 Europe river cruises of 11 nights or less
Save $1500 on 2021 Europe river cruises of 11 nights or less
Promotion Details
*Book a select 2021 Avalon Waterways Europe river cruise of 11 cruise nights (nights spent onboard ship) or less in a Deluxe Stateroom (Cabin Category D or E) to receive $750 off per person on the cruise/land or cruise only price. Booking must be made, under deposit and discount applied between June 2 and November 9, 2020 for travel at select times in 2021. Not applicable to custom tours. Discount will apply to individual members of groups adding a name and non-refundable per person deposit. Offer reliant on space availability and may be withdrawn at any time. Offer combinable only with Peace of Mind and/or Welcome Back Credits. Applies to new bookings only; offer will not be applied to existing bookings. Full cancellation penalties will apply. Additional restrictions may apply; see Travel Terms & Conditions for details. May be withdrawn at any time. Offer applies to participating GFOB offices only. PRMW0820
Save $2800 on 2021 Europe river cruises of 11 nights or less
Save $2800 on 2021 Europe river cruises of 11 nights or less
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*Book a select 2021 Avalon Waterways Europe river cruise of 11 cruise nights (nights spent onboard ship) or less in a Royal Suite (Cabin Category S) to receive $1400 off per person on the cruise/land or cruise only price. Booking must be made, under deposit and discount applied between June 2 and November 9, 2020 for travel at select times in 2021. Not applicable to custom tours. Discount will apply to individual members of groups adding a name and non-refundable per person deposit. Offer reliant on space availability and may be withdrawn at any time. Offer combinable only with Peace of Mind and/or Welcome Back Credits. Applies to new bookings only; offer will not be applied to existing bookings. Full cancellation penalties will apply. Additional restrictions may apply; see Travel Terms & Conditions for details. May be withdrawn at any time. Offer applies to participating GFOB offices only. PRMW0823
Exclusive: PrePaid Gratuities on 2020 Europe & Mekong river cruises
Exclusive: PrePaid Gratuities on 2020 Europe & Mekong river cruises
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*Book a select 2020 Avalon Europe or Mekong river cruise (excluding 2020 Oberammergau) and get the standard prepaid cruise gratuities included for the full length of the cruise portion of the vacation. Booking must be made, under deposit and discount applied between January 1 and December 31, 2020 for travel commencing between January 1, 2020 and December 31, 2020. Combinable with other current promotions. Applies to new 2020 bookings only. Must mention promotion code ENSGRAT20. Offer reliant on space availability. Not applicable to groups or custom tours. Full cancellation penalties will apply. Additional restrictions may apply; see Travel Terms & Conditions for details. May be withdrawn at any time.
Up to $500 Welcome Back Credit for Repeat Travelers
Up to $500 Welcome Back Credit for Repeat Travelers
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- Spend $2499 or less and receive $100 credit
- Spend $2500 - $3499 and receive $150 credit
- Spend $3500 - $4499 and receive $200 credit
- Spend $4500 & Over and receive $250 credit
The Welcome Back Credit will be awarded upon completion of Globus family of brands vacations from 2019 onward. Credit amount can only be applied to the land/cruise or cruise only portion of a new Globus family of brands vacation (excluding Escapes by Globus, 2020 Oberammergau, select Cosmos tours, Monograms City Getaways, and Custom/Charter vacations). Credit amount is per person and must be redeemed for a future vacation with a deposit within 2 years from date of credit issue. Bookings can be made by contacting your preferred travel agent. Passenger name or past invoice number is required to redeem the credit. Combinable with all applicable consumer promotions except those with any Globus family of brands special discount programs of the vacation price. Credit is not redeemable for cash, non-refundable deposit, airfare, transfers, travel insurance, prepaid gratuities, pre/post nights, or optional excursions and is non-transferrable. All federal, state and local laws and regulations apply. Valid for all participating Globus family of brands offices. Additional restrictions may apply.
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This amazing European vacation offers the best of both worlds: a land tour of Austria and Switzerland—two of Europe's most scenic countries—and a river cruise on the legendary Rhine River with stops in France, Germany, and Holland!See the true definitions of palaces and castles while visiting Vienna's Schönbrunn Palace—former home to the long-reigning Habsburg dynasty. In Switzerland, enjoy a visit to romantic Chillon Castle, a well-preserved, medieval castle on the shores of Lake Geneva. Pass through some of the world's most spectacular scenery with a ride on the world-famous Glacier Express train. Travel first class with panoramic windows to admire the thundering waterfalls, impressive peaks, glacial ice fields, and tiny villages on your way to Zermatt, Switzerland. Other scenic highlights include a Danube cruise along the prettiest part of the river on your way to Salzburg; a private boat cruise on the fjord-lake in Lucerne; a scenic drive into the Swiss Engadine, considered the most beautiful mountain area in the world; and more. Some sightseeing highlights include the Basilika St. Michael in Mondsee (of The Sound of Music fame), a walk through the Old Town in Innsbruck, and the Lion Monument and Chapel Bridge in Lucerne.Embark your Avalon Suite Ship® in Basel, Switzerland, to begin your Rhine River cruise! Visit Breisach, Germany, the gateway to Germany's Black Forest, and an area of unrivaled natural beauty, best known for Black Forest ham, cherry cake, and the cuckoo clock. In Strasbourg, France, be amazed by the red-sandstone Gothic cathedral with ancient murals and the fascinating astronomical clock. Stroll through the lovely La Petite France district with its quaint shops, delightful bistros, and peaceful waterfront promenade. Visit the ruins of Heidelberg's castle, towering magnificently over the city, or sail to Mainz for a guided walk and visit the captivating Gutenberg Museum. In the charming wine town of Rüdesheim, visit the Siegfried's Mechanical Musical Instrument Museum, and explore Holland's popular, modern capital of Amsterdam, with its world-famous museums, wealth of eateries, iconic architecture, and charming canals. See the treasures of the city on a canal cruise along the elegant grachten lined with homes dating back to the city's "Golden Age." A perfect ending to this fabulous land and river cruise adventure!
- Day 1VIENNA, AUSTRIAWed, Jun 30, 2021Welcome dinner at your hotel.(D)
- Day 2VIENNAThu, Jul 01, 2021Guided sightseeing features a visit to magnificent Schönbrunn Palace, the Ringstrasse, and Heldenplatz. (B)
- Day 3VIENNA–MELK–MONDSEE, SALZBURGFri, Jul 02, 2021Enjoy a Danube cruise and visit The Sound of Music Parish Church in Mondsee before arriving in Salzburg. Guided walking tour (B,D)
- Day 4SALZBURGSat, Jul 03, 2021An optional excursion is available to Berchtesgaden and Hitler's Eagles Nest. (B)
- Day 5SALZBURG–INNSBRUCK–ST. MORITZ, SWITZERLANDSun, Jul 04, 2021In Innsbruck, walk through the Old Town to the Golden Roof. Drive through the Swiss Engadine to St. Moritz. (B,D)
- Day 6ST. MORITZ–CHUR–TÄSCH–ZERMATTMon, Jul 05, 2021Board the first-class panoramic coach of the Glacier Express train and arrive in Zermatt at the foot of the Matterhorn. (B,L)
- Day 7ZERMATTTue, Jul 06, 2021An optional excursion is available to the Klein Matterhorn. (B,D)
- Day 8ZERMATT–BERNEWed, Jul 07, 2021Visit Chillon Castle and enjoy a special wine tasting before arriving in Berne. (B)
- Day 9BERNE–INTERLAKEN–LUCERNEThu, Jul 08, 2021The guided walking tour of Berne features a panoramic view from the Rose Garden and the Bear Park. Drive across Brünig Pass to Lucerne. (B)
- Day 10LUCERNEFri, Jul 09, 2021Your morning walking tour includes the Lion Monument and the Chapel Bridge. This evening, enjoy a private boat cruise followed by a farewell dinner at a local restaurant.(B,D)
- Day 11LUCERNE–BASEL (EMBARKATION)Sat, Jul 10, 2021Transfer from Lucerne to Basel. Your Suite Ship® is Ready for Boarding. Enjoy dinner and explore the ship on your first night on board.EVENING CRUISE TO BREISACH (B,D)
- Day 12BREISACH, GERMANY. EXCURSION TO BLACK FORESTSun, Jul 11, 2021German winemaking and the Beautiful Black Forest Visit the Adventure Center for today's activities with your Adventure Host. DISCOVERY Join a full-day Guided Tour to the magical Black Forest to experience the Vogtsbauernohf open-air-museum, visit an authentic water mill, and see a traditional butter-making demonstration, OR: DISCOVERY Visit to Badischer Winzerkeller, the largest German wine producer in Europe. Learn about German winemaking in the vineyards of Baden, and enjoy a wine tasting. You may choose to join a Guided Optional Excursion to visit the charming village of Colmar in the morning, with its half-timbered medieval and early renaissance buildings. EVENING CRUISE TO STRASBOURG(B,L,D)
- Day 13STRASBOURG, FRANCEMon, Jul 12, 2021A Grand Cathedral and La Petite France CLASSIC Join a City Sightseeing Tour, including the Strasbourg's Gothic, stained-glass cathedral with its celebrated ancient murals and astronomical clock, as well as the magical La Petite France District.You may also choose to join a Guided Optional Excursion to the historic Maginot Line—the pre-WWII fortifications designed to protect the eastern border of France, or visit Alsace's wine country today.Alternatively, take some free time in Strasbourg to visit a museum, or stroll across the city center. EVENING CRUISE TO LUDWIGSHAFEN(B,L,D)
- Day 14MAINZ, GERMANY–EXCURSION TO HEIDELBERGTue, Jul 13, 2021Castle Walls and the World's Biggest Wine Barrel CLASSIC Enjoy a Guided Tour to Heidelberg Castle to see the ruins of the magnificent renaissance treasure towering above the city, and its famed Great Vat, the "World's Largest Wine Barrel," OR: ACTIVE Join your Avalon Adventure Host for a Hike up Philosophers' Way for an inspiring view of the city below, OR: CLASSIC Enjoy a Guided City Walk in Mainz including a visit to the Gutenberg Museum to see the captivating history of printing.Enjoy live entertainment on board your ship this evening.OVERNIGHT DOCKING IN MAINZ (B,L,D)
- Day 15RÜDESHEIM–RHINE GORGEWed, Jul 14, 2021Eat, Drink, and Be Merry in Wine CountryDISCOVERY Take a Guided Tour of the incredible Mechanical Music Museum for a one-of-a-kind instrumental experience; based on your departure enjoy a local special treat, OR: ACTIVE Enjoy a hike with your Avalon Adventure Host through the picturesque vineyards of Rüdesheim.Relax on the Sky Deck for an afternoon cruise through the spectacular Rhine Gorge to Koblenz. Sail past the legendary rock of The Lorelei—where the siren of mythology sang songs to lure ill-fated sailors. KOBLENZTravel Through 2000 Years Of Monumental History Enjoy free time in Koblenz before a relaxing evening on board with dinner and live entertainment. OVERNIGHT DOCKING IN KOBLENZ(B,L,D)
- Day 16COLOGNEThu, Jul 15, 2021Prost! Celebrate in the Rhineland CLASSIC Take a Guided City Walk of Cologne—with its soaring twin-steepled gothic cathedral, OR: DISCOVERY Choose a Guided Walking Tour of Cologne's important Jewish heritage sites.Spend free time over a glass of Kölsch pale lager—locally brewed for over 100 years! AFTERNOON/OVERNIGHT CRUISE TO AMSTERDAM(B,L,D)
- Day 17AMSTERDAM, HOLLANDFri, Jul 16, 2021Canals of Colorful Amsterdam CLASSIC Explore the iconic waterways of Amsterdam on a Guided Canal Cruise past stately homes of Amsterdam's "Golden Age". During tulip season, you may take a Guided Optional Excursion to Keukenhof gardens—with more than seven million tulips, daffodils and hyacinths, as well as other bulbs, planted each year. Outside of tulip season, join a Guided Optional Excursion to Zaanse Schans to see historic windmills and charming Dutch houses. You may also choose an Optional Biking Tour to discover the countryside. Take some free time to explore Amsterdam's colorful streets and canal houses, galleries, and shops.OVERNIGHT DOCKING IN AMSTERDAM(B,L,D)
- Day 18AMSTERDAM (DISEMBARKATION)Sat, Jul 17, 2021Your vacation ends with breakfast this morning. (B)
Countries Visited
Rivers Visited
OR Call Us For a Free Quote 1-800-342-0019
- In the event of technical or water level issues, it may be necessary to operate the itinerary by motorcoach or alter the program, including hotel overnight when necessary.
- Guided Tours, Optional Excursions, activities, sailing and docking schedules may be contingent on weather conditions or other issues outside of our control and could therefore be subject to change at any time.
- Please check visa requirements with your local consulate(s); responsibility for obtaining visas rests with the traveler.
Hygiene and Safety Protocols for Avalon Waterways
Today's world has changed, but what remains certain is Avalon Waterways' commitment to guest safety, comfort and peace-of-mind while traveling with us. To that end, Avalon Waterways has established a worldwide Assurance program, with enhanced on-trip protocols and procedures, to ensure the health – and happiness – of guests throughout their travels with us.
It all starts with Avalon Waterways' Global Health & Safety Team, dedicated to ensuring that cleanliness of all operations exceeds today's travel standards—from start to finish. The following areas address Avalon Waterways' commitment to providing a safe and clean environment for guests.
New embarkation procedures to offer guests a safe start to their journey, including:
- Social distancing throughout embarkation
- Mandatory health screening, including touch-free temperature-check, for all guests and crew
- Luggage disinfection prior to onboarding (with crew wearing gloves and masks)
In addition to Avalon Waterways' Open-Air staterooms, the air in the ships is not circulated between staterooms; only within an individual stateroom and mixed with fresh, outside air.
New social distancing guidelines for guests throughout their Avalon cruise include:
- Reducing ship capacity as required for more space on board per guest
- Introducing more dining venues for more dining space per person
- Crew wearing masks for the duration of the cruise during any guest interaction
- Providing masks for guests to wear during any event where social proximity could become an issue, including disembarkation for excursions and safety drills
- Adjusting ratio of guides and coaches for excursions, as required
- Electrostatic disinfecting systems
- UV disinfecting systems
Reducing risk with hands-free service, including:
- More hand-sanitizing stations throughout the ship
- Required use of hand-sanitizing stations when leaving the ship, returning to the ship and entering dining venues as well as entering each public/common space
- Self-serve stations, including buffets, drinks, specialty coffees and snacks have been replaced with crew service
- All buffets (breakfast and lunch) replaced by a full range of á la carte menu choices
- Hourly (or more frequent) disinfection of all public areas
Enhanced cleaning procedures throughout each ship, including these additional steps that go above-and-beyond Avalon's already strict procedures:
- Deep disinfection of each stateroom between cruises, including:
- Use of disinfectants and cleaning materials that meet the highest standards
- Soft goods in each stateroom (mattress, sofa, window coverings, chairs, etc.) disinfected between cruises
- Disinfection of all dining areas between meals
- Disinfection of all shared items like umbrellas, bicycles and other Adventure Center items
- Disinfection of all goods prior to loading on the ship
- Ongoing crew training in protective equipment use and hygiene
Ensuring a healthy crew, including:
- Medical certificate required prior to start of contract
- Daily temperature checks
- Social distancing in crew living quarters
- Regular health screenings
OR Call Us For a Free Quote 1-800-342-0019
Ship Information
Life on Board
Questions & Answers
Question: Will the day-by-day itinerary change?
Question: In what language is the river cruise conducted?
Similar Itineraries Other Travelers Liked
|Sail Date
|Jun 30, 2021
|Avalon Waterways
Phil.... is THE REASON I took this trip and had a marvelous time! HE is THE ONLY help I need from now on in booking trips ANYWHERE!
This was our first trip on a river boat. The Avalon staff was exceptional! We were treated like kings and queens.
Very well organized - from the arrival to departure there was never an issue. Everything was clearly explained daily. Basel to Amsterdam is the better direction to travel.
This river cruise exceeded expectations. It was A+ from start to finish. The ship room size was excellent, the crew was awesome, and the food was very good and varied.Our local guide experts provded a bonus level of expertise, were witty and interesting. Gusta was an excellent tour director, keeping everything on time, providing tips and insights to various places we were visiting. Our waitress in the dining room was Elena and she was always pleasant, on task and provided a very good level of service for our meals.
Avalon was fabulous..
Our Avalon cruise was an absolutely wonderful and unforgettable experience, and a dream vacation. Our cruise director Bart was outstanding and enhanced our cruise experience. We enjoyed the laid back atmosphere onboard, and the beautiful scenic cruising itinerary and interesting ports. All included tours and excursions were well organized with knowledgeable and great tour guides. The crew provided excellent services. We were however disappointed with the dinner menus, with regards quality of food and preparation. Breakfast and lunches were good. We also would have liked more flexibile times or buffet options for dinners at overnight ports,
We enjoyed the Danube Tour, but preferred the previous Avalon tour in France. This tour focused more on cities whereas the France tour from Nice to Paris stopped at smaller towns.
The guides for the most part were excellent some the stops were an added joy. Duration , Bratislovia and Linz were surprisingly wonderful the entertainment was beyond my expectations I had a wonderful trip.to top it off we had exceptional weather
My only criticism of Avalon is that the company does not take into account the dining experience for groups. Dining tables are on a "first come-first-serve" basis. This means rushing to get a table nightly so that 5 couples can eat together, leaving our mportant port talks early to secure a table . A luxury cruise experience should not require one to do this.
The trip was spectacular. Met all expectations. The only negative comment would be related to the Avalon Rep in Prague due to lack of assistance and presence.
I thought our leading tour guide did a terrific job. She started every event, every talk right on time. She said that was part of her German upbringing. She was concerned about every passenger and dealt with one issue we had promptly and professionally. The local tour guides were routinely well informed, personable, and helpful.
Avalon Waterways does a great job. The ships are in very good shape, nicely appointed and offer great itineraries and excursions.
This was a wonderful trip. We are thankful to our agent at Affordable Tours for recommending this Avalon Danube trip. Our cruise director was excellent and humorous. Food and wine was excellent. Staff provided superb service.
This cruise was great and all the details we received about everything was all correct. Thank you.
I talked to a lot of the other passengers and learn that they got a lot of perks that my wife and I did not receive. If I book another trip through Avalon, I will wait until the "last minute" and look for a lower price and perks like free airfare. We also talked to people on other cruise lines and saw that there was a lot of competition for our travel dollars.
Avalon Waterways Panorama was a beautiful ship. The food was great, and the afternoon and evening programs were interesting. The crew director was excellent: he was very knowledgeable and helpful and his talks about the various sights we were visiting were very instructive. His concern for and accessibility to the passengers set the tone for the crew members; they provided uniformly excellent service with a smile. All in all, a wonderful experience!
The river cruise exceeded our expectations! The vessel and staff were wonderful. The itinerary was all-encompassing and the tours interesting. We had absolutely no complaints about any aspect of the cruise, other than we didn't want to leave the boat. We returned home weary but very happy.
Our river cruise was fabulous. Ship & staff were excellent. Food very good. Tours were excellent. Everything was very organized. Can't wait to go on another Avalon river cruise. The agent at Affordable Tours did a great job for us. I have already recommended him to friends. Thanks for everything.
This was a great trip. excellent job in supplying all details and assistance that "older people" like my wife and I need.


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PE film lamination spunlace for surgical drape/gown
|Payment Type:
|Terms of Trade:
|Min. Order:
|20 Roll
|Delivery Time:
|30 Days
|waste cloth+wrapping film
|Place of Origin:
|Supply Ability:
Basic Info
Model No.: general
Product Description
Product Name : PE film laminated spunlace with glue
Product Specification : width : 5cm-200cm, gram: 50gsm-200gsm
Product Features : latex free, good absorption, high absorption rate, soft hand feeling
Product Application: surgical gown , surgical drape, wraps etc.
1.Features of Spunbond non woven fabric
(1).Non woven fabric is a kind of fabric which is formed by directly using high polymer slice, short fibers or filament fiber into wet formation through air flow or machine into network,
(2). And then through the water thorn, acupuncture, or hot rolled reinforced.
(3).It is a new fiber product which has soft, breathable and plane structure features
(4).Does not produce fiber crumbs, strong, durable, soft as silk, but also the feeling of cotton advantages.
(5).compared with cotton, non-woven bag is easy forming and cost is cheaper
(1). Medical field: Face mask, Surgical gown, protective clothes, operation cover, cap, shoe cover, bed sheet etc.
(2). Sanitary and Health: Baby & adult diaper, feminie hygiene, hygiene pad, incontinence pad etc.
(3). Agriculture and horticulture: weed control fabric,plant cover,garden fleece etc.
(4). Shopping bags, table cloth, filter material,car cover,roof cover etc.
(5). Usage: widely used alone or as components of apparel, home furnishings, health care, engineering, industrial and consumer goods etc.
Main Specification
|China Manufacture PE Film Laminated Spunlace Non woven Fabric Roll
|1 layer spunlace fabric(natural woodpulp& polyester)+ 1 layer of PE film
|Basis Weight
|Spunlace fabric: 40-80gsm ; PE film >20gsm
|Laminated with PE film
|White, Blue, Green, etc.
|One side water absorbent, the other side waterproof, tear-resistant, solvent resistant, Soft and eco-Friendly
|Lead time
|Within 30 days after 30% deposit received
|Payment terms
|30% deposit /70% balance before shipment, LC at sight
|OEM service
Company Profile:
Xinle Huabao Medical Products Co.,Ltd. Was established in 1998. We specialized in the development &production of Extruded Film and Laminated fabric and Hot Melt Laminating fabric for disposable medical product`s development. We now own seven production lines for Extruded Film and Hot Glue Lamination materials and 300,000&100,000 grade clean workshops with an area of 20000 sqm. We have highly technologists and hard working staffs.
Main products:
Film for medical : Bicolor Film , TPE Film, Puncture Resistance PE Film, Anti-Slip Film ,Anti-Static film,Anti-Aging Film ,Sanitary Film etc.
PE coated and Hot Glue Lamination: Spunlace /PE/Nonwoven, PE/Viscose, PE/Airlaid Paper, PE/Nowoven, PE/Spunlace etc.
Finished Products : Surgical Gowns, Surgical Sets, Isolation Gowns, Coverall, Table covers, Surgical Drapes, Anti-Slip Shoes Covers etc.
With good quality and competitive price, welcome to your visit sincerely.
Production Equipment:
Our company has 7 production lines of cast film and laminated and hot melt laminating materials with annual capacity of 10,000mts. The roll materials include various PE cast film,double-color film,EVA film,nonslip film,PE coated SPP,coated viscose,PE coated spunlace,PE coated tissue,PE coated airlaid and nonslip laminate.The roll materials are usually used to make surgical drape,back table cover,impervious cover,PE gown,etc.
Cutting Production Line:
l Isolation Gown Production Line
l Coverall Production Line
l Surgical Sets Production Line
l Integrated Production line
Company Info
- Company Name: XINLE HUABAO MEDICAL PRODUCTS CO.,LTD.
- Representative: MinQi Liu
- Product/Service: PE Film , Nonwoven Lamination , Breathable Lamination with Glue , Disposable Surgical Drapes , Disposable Surgical Sets , Disposable Coverall
- Capital (Million US $): 5272716.23RMB
- Year Established: 1998
- Total Annual Sales Volume (Million US $): Above US$100 Million
- Export Percentage: 91% - 100%
- Total Annual Purchase Volume (Million US $): Below US$1 Million
- No. of Production Lines: 13
- No. of R&D Staff: 11 -20 People
- No. of QC Staff: 21 -30 People
- OEM Services Provided: yes
- Factory Size (Sq.meters): 10,000-30,000 square meters
- Factory Location: CHENG AN INDUSTRIAL PARK,XINLE CITY,HEBEI PROVINCE,CHINA
- Contact Person: Ms. Cindy Wu
- Tel: 86-311-88564183
Premium Related Products
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text:
July 9 � To The Editor:
After the first Democratic debates I posed my own question to the DNC via a variety of social media platforms: Will you let my city drown? Every day I go out to work on the Piscataqua River and I see the waves just barely miss the feet of the patrons in my restaurant. I go to meetings and hear about the houses of Strawbery Banke being flooded, centuries of history out with the tides. It is only a matter of time before Portsmouth is largely washed away.
With the rise of new groups of climate activists I was hopeful going into the 2020 Presidential Race. The pressure was on to ask more questions on climate change from all the candidates in the debates. I was excited to hear more about the plans candidates had for my future and the future of my fellow Americans. We were all ready for a new generation of politicians who spoke extensively and passionately about issues we cared about. Instead we got 13 minutes of half answers from a select number of candidates.
We deserve better. The Climate Crisis is not a single issue comparable to others asked of candidates during the first debate. It is a rapidly growing emergency that affects us all. From waitresses to historians we all are feeling the impact. The United Nations predicts we only have eleven years left until climate change will become irreversible. We need to know the solutions our leaders have now. There is no more time to wait. We need a climate debate. We deserve answers. We deserve a future. My question to the candidates still stands: Will you let my city drown? From what I have seen so far the answer is yes.
Maya Campbell


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CANCEL* Terminate program processing ------------------------------------------------------------------------------ Syntax CANCEL* | QUIT Description CANCEL and QUIT both terminate the current program, closing all open files, and returning control to the operating system. You can use either command from anywhere in a Clipper program system. A RETURN executed at the highest level procedure performs the same action. Note that CANCEL is a compatibility command. QUIT should be used in its place. Notes . Return code: When a Clipper program terminates, the return code is set to 1 if the process ends with a fatal error. If the process ends normally, the return code is set to 0 or the last ERRORLEVEL() set in the program. Files Library is CLIPPER.LIB.
See Also: ERRORLEVEL() QUIT RETURN


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Pop-up triggers not working with Scribe theme. But it is working fine with the default theme. I was trying to achieve a click Pop-up. I have added the appropriate HTML and class but it is not working. Gives an error in the console. This is so frustrating. I could understand if your plugins didn't work with someone else's theme but this is the second of your OWN themes plugins are not working with.
- mary
- Site Builder, Child of Zeus


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Let's make Siebel great again!
For the last three years, there has been a lot of talking, and marketing, around the upcoming changes in Oracle's Siebel. Wonderful PowerPoint presentations about developer previews and roadmaps, promised us more agility and cloud readiness. But there was not much we could actually see, or use which would make our Siebel experience different. With IP 2017 there seems to be a big change. I recently attended a very interesting web demo on Oracle's Siebel IP 2017. I was impressed by the architectural changes Oracle has made to the Siebel product. To name a few of these improvements:
9 March 2017
• Fully browser-based development (CRM Composer).
• No more srf! All configuration in the demo was (prepared) in workspaces, with versioning. Changes were directly applied in an environment, without restarting.
• The gateway server has been redesigned, so you will be able to add and remove servers without down time (elastic load balancing).
• Integrated testing capabilities, with record and playback (OpenUI Test Automation).
• Approval manager to allow specific functionality to be added to repository.
• Last, but not least, fully automated deployment. In my opinion this has been one of the biggest frustrations with Siebel implementations for years now.
Of course, lots of these improvements were already announced, or even present, in IP 2015/16. But to see how they've reached a mature, and production ready state, in a demo was really impressive! There seem to be so many technical improvements in one release. IP 2017 will be more cloud-, agile-and parallel development ready than Siebel has ever been. But what does this all mean for our existing customers, with loads of customizations within, and around, their Siebel application? Will these new enhancements make our, development, lives easier?
I foresee some big challenges and questions to answer before these new technologies can work for us instead of limiting the development processes:
How do we transfer all our current deployment scripts, customised ADM exports, scheduled EIM tasks into the new deployment application? Or what about all the investments in third party deploy products? Or do we have to start from scratch?
What about all the ATS (Oracle Application Testing Suite) scripts we have been developing so far? Customers who have not yet migrated to OpenUI, but do use ATS, need to record all their scenario's again or switch to the new Test automation and/or Selenium.
What about our current development teams, which are setup to work with local databases, third party version control mechanisms and a specific way of (waterfall) working? How do we monitor and administer the workspace versioning and branching? How efficient will this prove to be in large development teams?
What about the "good old" Siebel Tools? Is it actually gone? Or do we still need it for script debugging, or workflow simulation?
Last but not least: will everything work as promised? How stable will the first release be in terms of performance and reliability? And to be honest, looking back to previous releases, and promised feature sets, Oracle does not have the best track record.
Personally, from a pure technical point of interest, I'd love to get started with IP 2017 and explore all these new features. Setting up a demo environment will be on top of my to do list, as soon as IP 2017 becomes available. I do see this IP 2017 as a necessary step to facilitate future improvements and product adaptation by customers.
But on the other hand, I realize that serious efforts have to be made, within the existing development teams and their development (and deployment) processes, to get the real benefits from these new features. We have to answer and solve the questions and challenges as described above. It is not the technology push from Siebel which determines its success, but the ability of the people working with Siebel to use these new functionalities! It's up to us to make Siebel great again!
3 Comments
Hi Remco,
Keep me posted when you have your demo env. set up?
I will likely ask for your advice…
(Got 13, 15 and 16 installed but none will Web-work…)
And say 'Hi' to Bas Swüste?
Even though I definitely object to the trumpian one-liner, I do agree that Siebel should (again) get the respect it deserves.
Regardless of marketing slogans, there is no realistic competition 'force' to Siebel out there.
Looking forward to IP17 already.
Hi Tjip,
Thanks for your comments! We will keep you posted as soon we get our hand on IP 2017. This should be a big step forward.
Leave a Reply
Siebel is the most comprehensive on-premise CRM solution on the market. When it comes to customer relationship management, the largest companies in the world rely on Siebel by Oracle.


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Do you know your Console gaming history? so have you ever heard of old gaming consoles like Tele-Spiel Las Vegas, Blackpoint and Spectrum 6? did you know that the very first video game console was the Magnavox Odyssey that was released on 1972? (I remember my dad had one when I was a little kid but didn't able to play it) and Microvision was the very first handheld console.
Talk about geek trivia huh? but if are interested in checking the different gaming consoles, and I mean all of the known gaming consoles, there is one site that will give you all the things you want to know
Consollection, a german site (it also has english language) which was created by Patrick Molnar features nearly 150 gaming consoles in a simple gallery, which features over 20 years of gaming goodness up to the current gen consoles, and not to mention the gallery is really impressive
When you click on a console image, it will open a console profile page where it gives you a short description about the selected console complete with release date, manufacturer and screenshot of the console as well as its box package.
To get an idea on what the galley looks like, I've posted a screenshot of it below and be mesmerize on the massive number of consoles, good luck on collecting each of these consoles if you want to be that die-hard. (click on the image to enlarge it)
So don't forget to check out this cool site


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Analysis shows women outearned men in only 107 occupations in 2015-16, compared with 1,072 where men earned more
• Sign up to receive the top stories in Australia every day at noon
Julie Cameron owns Victoria's largest and most successful goat dairy, Meredith Dairy, with her husband Sandy.
She does not earn markedly more than him. In fact, she says, they are careful to ensure that all their 130 employees receive equal work for equal pay.
Continue reading…
Read More Rare breed: goat farming one of few jobs where women earn more than men


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Manager of Radiation Oncology Services
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Clinical Management Consultants
Sammamish, WA
JOB DESCRIPTIONA fantastic and exciting career opportunity for Manager of Radiation Oncology Service is now available with a reputable non-profit community hospital in beautiful, serene and coastal Western Washington!
The Manager of Radiation Oncology will be part of a hospital that has world-class medical environment known for its state-of-the-art technology, collaborative culture, and excellent growth opportunities in sought-after specialties. The Medical Center is a leading employer in the areas of L&D/Postpartum, High-Risk OB; Level III NICU; Telemetry; Level II ER; Med/Surg; ICU; and Oncology.
The Radiation Oncology Manager will be responsible for the overall organization, operation, planning, and management of services provided in the Radiation Oncology Department (Cancer Therapy Center or CTC). The Manager of Radiation Oncology will develop employees through the use of good communication skills, coaching and making educational opportunities available.
The Manager of Cancer Radiation Therapy Center will work with Lead Therapist to coordinate daily workflow, planning for and adjusting employee schedules. The Radiation Oncology Department Manager will demonstrate knowledge and practice commensurate with standards established by the Nuclear Regulatory Commission, State of Washington, and the Health System.
The Manager of Radiation Oncology will engage staff and physicians in monitoring, reporting and communicating results. The Radiation Oncology Therapy Manager will maintain current knowledge of acceptable billing codes and work with Finance Department and the Revenue Capture Committee to maintain current Charge Data Master. The Radiation Oncology Manager will make timely use of patient satisfaction data to assist staff with process improvements.
Come join this prestigious 400 plus bed hospital for a richness of experience beyond the practice of exceptional medicine! With a multi-cultural staff of more than 1,600 employees and 650 physicians, we offer opportunities to work and grow among people from a wide variety of cultures, backgrounds and traditions.


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Increasing muscle carnosine has been a focus in equine research for nearly three decades. Orally feeding carnosine does not work, as it gets broken down in the blood by an enzyme called carnosinase. The standard approach to increase muscle carnosine has been feeding horses the precursor molecules that creatine carnosine: beta-alanine and histidine. This has led to small increases in muscle carnosine and minor improvements in recovery and performance.
Feeding beta-alanine and histidine is inefficient. It takes weeks, if not months, for this effect to occur. Most studies show that a minimum of one month of daily feeding of high doses is Feeding beta-alanine and histidine is inefficient. It takes weeks, if not months, for this effect to occur. Most studies show that a minimum of one month of daily feeding of high doses of beta-alanine and histidine is required.
Delivering carnosine transdermally can circumvent the major hurdles to increasing intramuscular carnosine. However, to date, there has been little evidence to suggest this approach is possible. There are ways to send small molecules, including peptides, through the skin, through specific chemistries that take advantage of the biophysical (e.g. hydrophobicity and porous nature of skin) and physiological (e.g. active transporters) properties of the skin.
Through a novel formulation along with conjugation of carnosine to key molecules, absorption through the skin and through the dermal layers is now possible.
In order to investigate the efficacy of transdermal delivery of a novel formulation of carnosine, a series of experiments were performed. Three different formulations were applied to a 3-D tissue:
After application, the carnosine concentrations were measured in the lower layers of the skin tissue, as well as the media underneath the tissue. This approach made it possible to assess the amount of carnosine that would absorb into the skin and make it through the skin into the media on the other side, demonstrating efficacy for transdermal delivery.
The study found that the VelocityTM formulation led to increases in carnosine levels on the underside of the skin, showing an almost 4-fold increase in carnosine concentrations compared to placebo, and a roughly 2-fold increase compared to carnosine alone.
Furthermore, the VelocityTM formulation did not increase tissue levels of carnosine after 24 hours, indicating that most, if not all, of the carnosine that was delivered made it through the dermal layers, whereas the carnosine alone saw increases, indicating that much of the carnosine stayed in the skin and did not pass through the dermal layers.
The VelocityTM formulation has been shown to deliver carnosine through the dermal layers with very high efficiency when compared to a topical carnosine alone. Furthermore, the VelocityTM formulation sent virtually all the carnosine through the dermal layer, whereas the topical carnosine alone resulted in much of the carnosine remaining in the dermal tissue.
You can read the full peer-reviewed study here.