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replied to the topic
Hockey Brawl!!!!
in the forums.
Puck Daddy literally just did an article about this, here's what they had to say
It's not often you see a bench-clearing brawl occur in a tight game, but that's what happened on Friday night in the SPHL between the Huntsville Havoc and Mississippi Surge.
Late in the third period, with Huntsville protecting a 3-2 lead, a brawl began in front of the Mississippi bench and quickly made its way onto the Mississippi bench. (Hang in there for the entire 3:53; just when you think it ends, it starts right back up.)
"Extra guys in ... three guys in ... goalies fighting ... extra goalies fighting ..."
The bewilderment in the voice of the play-by-play man might be our favorite part of the entire clip.
In total, 129 penalty minutes were handed out just from the brawl. Surge forward Branden Kosolofsky -- the guy who "got a stick out" and is "hitting with a stick" and is a "complete jerk", according to the play-by-play man -- racked up 29 all to himself for the spearing from the bench, among other things.
Here's the third period penalty summary:
YouTube user "brett595", who posted the video, explained, in his opinion, how things got out of hand:
After many missed chances to call spearing Referee Peter MacDougall waited a bit to late to try and control the game.
With just a few minutes left in the 3rd period the Mississippi Surge pull a Havoc player into the bench. Thee Havoc clear their bench to protect their teammate who is getting pummeled by the Surge players.
Referee Peter MacDougall should be the one suspended in my opinion for allowing the game to get that out of hand.
On a positive note the more than 5,000 fans got their monies worth and though enjoyed every minute of it!
No word yet as to what sort of discipline will be handed out to both parties.
The two sides meet again on Jan. 20 in Mississippi.
Read more...
1691 days ago
created a new topic
Before you blame Bettman for everything, see what an inside source reveals about NHLPA boss Fehr
in the forums.
NHL Columnist with Denver Post and SI.com tweeted this...
and I believe it
Fehr may deserve just as much, maybe even more blame than Bettman
Read more...
1713 days ago
created a new topic
Santa at mall in Toronto tells 3 year old boy the Leafs suck, and then gets fired
in the forums.
According to Mary Trent of Mississauga, Ontario, when she brought her 3-year-old son to visit Santa Claus at Lowe's Toronto Christmas Market, Kris Kringle started crackin' wise. First, he told the kid his red plaid jacket made him look like Paul Bunyan. Then, if bewildering a small boy with a centuries-old pop culture reference wasn't enough, Trent says Santa next turned his attention to the boy's favorite hockey team.
From the Toronto Sun:
"Then he said, 'Oh, you're wearing a Toronto Maple Leafs tuque (hat), you shouldn't be wearing that, they suck.' At that point, I took my son and told him we should go, Santa isn't being very good today."
Trent said her son was inconsolable and cried all the way home to Mississauga.
"He wanted to know who Paul Bunyan was? He wanted to know why Santa said the Toronto Maple Leafs suck," Trent told the Sun Thursday. "I told him Santa was having a bad day. I can't really tell him Santa's a jerk."
Yeah it was mean of the Santa... but he is right haha
And really, she couldn't answer why the Leafs suck? haha
More from...
Puck Daddy:
The Score:
Toronto Sun:
Read more...
1713 days ago
created a new topic
Top 10 Sedin Twin Moments
in the forums.
Read more...
1718 days ago
thanks for the post
any tips on being a back up goalie? dont know how to handle it?
in the forums.
1889 days ago
replied to the topic
any tips on being a back up goalie? dont know how to handle it?
in the forums.
Being a backup goalie is really tough, especially if you are backup that doesn't play much. You just have to work really hard, support the team, put laxatives in the other goalies water bottle (just kidding)
but most of all don't get down on yourself. Mike Smith was a career backup goalie....
you just have to work really hard, because at some point you will get your chance to shine, just be prepared
Success occurs when opportunity meets preparation
Read more...
1890 days ago
Hey you can post any hockey tournaments for charity in the state forums
1890 days ago
Post Comment
replied to the topic
Idea for New Award
in the forums.
what if they gave an award to the best backup goalie? that would be cool
Read more...
1890 days ago
replied to the topic
Famous Hockey Quotes - Inspirational, Motivational, Funny etc.
in the forums.
I love hockey, and I don't love it for any other reason than when I get out there and play, I enjoy it.
Brendan Fehr
I love my hockey, but if you can do that and go home and just be a dad and husband, then you have the best of both worlds.
Curtis Joseph
I love those hockey moms. You know what they say the difference between a hockey mom and a pit bull is? Lipstick.
Sarah Palin
Read more...
1890 days ago
replied to the topic
Re: Luongo going to Toronto?
in the forums.
If Luongo went to Boston, I think we'd see Boston riot.
Don't think Boston has the cap space anyway, Thomas' salary still counts
Read more...
1890 days ago
we need to get rid of luongo
1890 days ago
Post Comment
created a new topic
Craziest thing you've seen at a hockey game?
in the forums.
Article Written by the hockey blog Dirty Dangle - Friday, December 16, 2011
A stinky story emerged out of the New England Senior Hockey League.
A man pooped in the hockey glove of an opponent and has subsequently been banned for life.
This is probably the first instance of a hockey player taking a dump in a glove - an assumption we hope is true. The player is Zung Nguyen, which may or not be an alias Brad Marchand uses when he plays mens league hockey (he is a sh*t disturber after all). While this is by far the craziest thing we've ever heard of happening at a hockey game, we've seen some pretty messed up stuff in our long, amateur careers.
Here are some of the craziest things we've witnessed at our hockey games.
Following the post-game handshakes during a summer hockey game, the oldest guy on my team (around 55 years old) was one of the last guys on the ice heading for the exit when he was hit by the Zamboni. I sh*t you not (no pun intended), I've seen a guy get hit by a Zamboni. He managed to hold onto the front of the resurfacer while we got the Zamboni drivers attention to finally stop after pushing him 20 feet. The driver was in shock and couldn't believe he had run over a player. Thankfully, there were no injuries, but we did not see that Zamboni driver ever again, or the case of beer he promised us.
During one of my later years of hockey, guys used to strap their helmets on so tight to make sure their helmets wouldn't come off in fights. During one game, a goon on my team was struggling to get this guys bucket off in a fight, so he punched the helmet - which cracked and split in two. Needless to say, that guy got fed many left hooks as my teammate broke his right hand when he shattered the helmet.
In the same later years of juvenile-aged goonery, a scene straight out of Happy Gilmore occurred when a crazy 6'4", 225lbs guy on my team got kicked out of the game. During the second period intermission, he put his skate on his hand and went into the other teams dressing room to try and fight their team - with his skate as a weapon. It took my three coaches to restrain him and force him out before anyone was injured. My head coach tossed the guy in the shower just like when Tom Hanks throws Kit in the shower to cool down in A League of Their Own and no more criminal acts took place.
In a game in which half your team is ejected while the other team dives all over the ice, you can expect parents to get a little nutty. In their defence, it did seem like the referee was getting a cut from the other team. After another player was ejected for arguing a call, a parent wheeled out a big green garbage can and tossed it on the ice, spilling garbage everywhere. The referee and linesman both had to lift the big garbage can to get it off the ice while I had a good laugh from my goal crease. Oh yeah, the guy who through it was my Dad.
In a playoff highschool game with a decent sized home crowd out for us, one of my teammates received a dirty hit and the opponent was penalized. While in the penalty box conveniently located next to our student section, he began to taunt our fans. Not a good idea, considering we had the biggest guy in the school watching the game, who also happened to be a good friend of the player who received the dirty hit. He approached the penalty box which had an opening of about 4 inches next to the glass and grabbed the penalized players facecage. He then pulled the cage towards him in a move reminiscent of WWE and the player bounced off the glass (his head wasn't going to fit through the 4 inch gap) and flew back. The game was stopped until the fan left the building, which he did to cheers from the home crowd who also had to move over an entire section from the penalty box.
Crazy hockey mom flips out video (warning, lots of cursing and bad language)....
Article from:
What's the craziest thing you've ever seen at a hockey game? Any crazy hockey mom stories?
Read more...
1891 days ago
created a new topic
Crosby has one year left under contract, Pens expect extension to be at least 7 years
in the forums.
The Pittsburgh Penguins expect any Sidney Crosby extension to begin with a minimum of seven years. The star center has a year at $8.7 million remaining on his current contract, but it is widely expected that the Pens will look to lock him up long-term this offseason. The Pittsburgh Tribune-Review's Josh Yohe said that Pittsburgh anticipates that seven years is the minimum and that any deal could be "possibly 10 or more." Crosby doesn't anticipate any problems negotiating a new deal to stay in Pittsburgh. Yohe also notes that general manager Ray Shero's longest deal has been with Marc-Andre Fluery at seven years. The CBA expires this September, also throwing a good measure of ambiguity into the discussions -- and also the possibility the Pens try to get a deal done before any rule changes.
Source: Pittsburgh Tribune-Review
Read more...
1898 days ago
My Posts
Hockey Brawl!!!!
Hockey Videos
on Saturday, December 29, 2012 @ 3:29 pm EST
Before you blame Bettman for everything, see what an inside source reveals about NHLPA boss Fehr
General NHL Talk
on Friday, December 07, 2012 @ 6:09 pm EST
Santa at mall in Toronto tells 3 year old boy the Leafs suck, and then gets fired
Trash Talk
on Friday, December 07, 2012 @ 6:00 pm EST
Top 10 Sedin Twin Moments
Hockey Videos
on Monday, December 03, 2012 @ 1:32 am EST
any tips on being a back up goalie? dont know how to handle it?
Goalie Talk
on Wednesday, June 13, 2012 @ 12:29 pm EST
View all of sedinsedin's Posts
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AGM and Interim Management Statement
National Express Group PLC ('National Express' or 'the Group') is today holding its Annual General Meeting in London. The following update on trading is provided for the first quarter, ended 31 March 2009.
Trading update
In 2008, National Express delivered strong revenue and profit growth. When we announced these results in February, we cautioned that 2009 would present many global economic challenges, from which the transport sector would not be immune. We noted that, while the majority of our businesses benefit from being less sensitive to economic change, we would nonetheless face difficult conditions, not least in our UK rail business, where the terms of our East Coast franchise were agreed in a very different economic climate in 2007.
In the first three months of 2009, market conditions were indeed challenging. Total reported Group revenue increased by 7.9% benefiting from currency movements impacting the revenues of overseas operations.
UK Bus and Coach performance was resilient in the first quarter with underlying* revenue growth of 4.1%. We have secured a West Midlands-wide Partnership Agreement, enabling greater joint working with Centro and the West Midlands Integrated Passenger Authority, which is expected to lead to new and improved transport links across the region. Coach saw lower growth in the first quarter; however, we have recently seen increased passenger numbers, particularly at Easter, with holidaying in the UK clearly becoming more popular.
There was a continued slowdown in revenue growth in UK Rail in the first quarter. Underlying revenue growth in the period on East Coast was 0.3%, while East Anglia grew 3.8% and c2c 4.6%. Performance in the East Coast franchise reflected changing consumer behaviour, with the franchise not benefiting from revenue support from the UK Department for Transport ('DfT') until late 2011. By contrast, the East Anglia franchise already benefits from revenue support and, in April, entered into a new contract with the DfT to expand capacity during the peak commuter travelling period, which is expected to be worth £180 million over the remaining franchise period.
We have achieved our target to deliver over £15 million of annual cost savings from the UK rationalisation programme announced in December 2008, of which a significant part is in the rail business, with further savings now identified for delivery later in 2009.
In Spain, total revenue in local currency terms was unchanged, as the benefit of small acquisitions in 2008 offset a 3.2% underlying revenue reduction in existing business, due to the impact of the economic slowdown. However, the adverse impact is being significantly offset through a major cost reduction programme, while Easter has seen some signs of improved travel activity.
The North America school bus business continues to trade positively, with underlying revenue up 9.4 percent and an improving operating cost performance. Despite an increased level of outsourcing enquiries, this has been a relatively slower period for new contract tendering. The Business Transformation project continues to progress to plan.
Financial position
In our annual results, we outlined a number of 'self help' initiatives that the Group is undertaking to strengthen its balance sheet against a challenging economic backdrop. These initiatives included:
a rebasing of the Company's final dividend;
improvements in cash management, with a reduction in working capital;
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a significant reduction in capital investment.
Since the announcement of these initiatives, good progress has been made towards the goal of realising incremental cash benefits in excess of £100 million in 2009 and the Group remains on track to achieve this target. In addition, annual benefits from cost rationalisation totalling over £40 million are expected to be delivered across the Group.
As outlined above, the performance of the Group, particularly in UK Rail, is being affected by the challenging economic environment. As previously announced, the Group is engaged in regular discussions with the DfT which include the impact of the recession on the East Coast franchise.
In addition, the Group's key debt covenant reverts at 30 June 2009 to a tighter, more typical level**. The Board continues to review a range of options to accelerate the reduction of the Group's borrowings, to strengthen its financial position and to provide additional headroom around its debt covenants. We will update shareholders once that review reaches a conclusion.
* Underlying revenue compares the current year with the prior year period on a consistent basis, including adjusting for the impact of currency, acquisitions and disposals, together with the estimated impact of advance travel and Easter.
** As noted in the 2008 results, June 2009 will see the Group's banking covenants returning to their normal level with a maximum debt gearing ratio of 3.5 times EBITDA (following a relaxation for the first three half year period end tests after the Continental Auto acquisition in November 2007).
National Express Group PLC
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020 7506 4324
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020 7379 5151
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subset: commoncrawl


text:
i use insertAfter to insert a div tag in to an element.
$("
Iron man
").insertAfter('#footer');

Iron man
 displayed in web browse. but when view source (ctr+u) not display
That is exactly how browsers are designed to work, when you manipulate the DOM any new element introduced into the source won't be shown as it can only see what was loaded when you initially opened the page. To view new elements you will need to use Firebug for Firefox or the Chrome developer tools which are built into Google Chrome.
but $("
Iron man
").insertAfter('#footer'); called in $(document).ready(function() { }
My above comments are the answer to your question, regardless of how you insert your new HTML into the DOM is will never show up in the view source window as it is stored in the browser memory on load and never changed regardless of what happens in the DOM.
if use live method?
Again nothing you do will result in the new HTML showing up in the view source window, its 100% impossible for it to show up there.


text:
Every Little Thing CD
by Riggs, Deidra; Voskamp, Ann; M;
Free UK delivery when you spend £10 or more
Price and PurchaseOffer price: £14.50 Free UK Delivery
Every Little Thing CD
Full Product Description
"Everyone has had that moment--we see a need in our church, our school, our neighborhood, our family, or our world and we think, Someone really should get to work on that , never imagining that we might be the answer to that need. We don't have the time, the expertise, the money. We've got careers to manage, bills to pay, meals to prepare, and families to attend to. Besides, who are we to think we can change the world?In this encouraging and empowering book, Deidra Riggs calls readers to accept God's invitation to join him in making a difference right where they are, regardless of their current life stage. She shows readers that they were created with a purpose and with the capacities to fulfill that purpose. And she reminds them that it's not up to us to fix the world, but it is up to us to join God--and the rest of his people--in his redemptive work. For when God calls and we look over our shoulder and answer, ""Who
Every Little Thing CD by Riggs, Deidra; Voskamp, Ann; M was published by Christian Audio in November 2015. The ISBN for Every Little Thing CD is 9781633893924.
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Got a question? No problem! Just click here to ask us about Every Little Thing CD.
Details for Every Little Thing CD
|Page last updated
|13th October 2009
|Author / Artist
|Riggs, Deidra; Voskamp, Ann; M
|Christian Audio (November 2015)
|Product Code


text:
DHL Express delivers first express shipment to Iraq
DHL Express recently transporting the first express consignment into the Iraqi territory. DHL is currently setting up its offices in all major cities in Iraq and expects to be fully operational within the coming week in order to further enhance its delivery services in the region.
Based in Brussels, Belgium, DHL is 100 percent is owned by Deutsche Post World Net. DHL is an express and logistics company offering customers solutions from a single source. With expertise in solutions, express, air and ocean freight and overland transport DHL combines worldwide coverage with an in depth understanding of local markets. DHL's international network links more than 220 countries and territories worldwide. — (menareport.com)
© 2003 Mena Report (www.menareport.com)


text:
Hey there, time traveller!
This article was published 2/9/2013 (1446 days ago), so information in it may no longer be current.
Choosing a lunch box was a big deal when we were kids.
When we selected a Peanuts box -- or the Incredible Hulk, the Beatles or the Bionic Woman -- to carry our peanut butter and jelly sandwiches, we were sharing our tastes with our classmates.
"They had a certain cachet on the playground or in the lunch room," said Lisa Hix, associate editor at Collectors Weekly, a website devoted to antiques and vintage items. "They were a way to telegraph your knowledge of pop culture and be up-to-date."
Hix said connecting through pop culture, whether it's what we watch on TV or the music we listen to, is a uniquely North American phenomenon. Lunch boxes were a big part of that.
These days, kids are flashing their pop-culture knowledge though their choice of backpacks, shoes or other merchandise, Hix said. That frees up parents to focus less on appearance and more on what's inside the lunch box, from safe and healthful food to environmentally friendly, reusable containers.
Choices range from a traditional metal container with a licensed character on it to elaborate "systems" with sections for each type of food.
Kids' interests still factor into the decision, though, whether it's a favourite colour or character, said Mike Dobbs, the vice-president for public relations at Lunchboxes.com (who toted a 1976 Marvel Superheroes lunch box to school as a child).
What's new?
- Bento boxes. These containers, which have separate compartments to hold different foods, have become increasingly popular, according to Dobbs. "There's a perception that by separating the food out into different sections, you have more control over the nutritional value of each part of the lunch," Dobbs said. Some parents get creative with their child's bento box, designing the food to look like a smile or an animal to surprise the child.
- Environmentally friendly containers. Instead of disposable plastic bags, parents can get small plastic containers to hold everything from a sandwich to fruit. In addition to plastic containers with lids, there are reusable bags for sandwiches and snacks available at many retailers. The bags have zip-top closures and many can go in either the dishwasher or washing machine. Both options help reduce waste and can save money over time.
- New materials. Manufacturers have begun producing reusable, insulated totes in recent years made from neoprene, the same type of rubber used to make wet suits. Neoprene is flexible and can stretch to fit the contents of the lunch. But the big appeal, Dobbs said, is that the totes are machine washable (unlike some other cloth lunch boxes).
Care and safety tips
- Clean the lunch box daily. The sooner you clean it out, the better, Dobbs said. Most lunch boxes should not go in the dishwasher or washing machine. Do not submerge the lunch box in water. Instead, wipe the inside of the box with a damp cloth and warm water mixed with a mild soap, then let it air-dry. Sarah Krieger, a registered dietitian and a spokeswoman for the Academy of Nutrition and Dietetics, says you can spray the inside with a bleach-and-water solution; just make sure it is completely dry before packing food in it.
- Consider non-perishable foods. Lunch boxes do not protect food for more than two hours unless you use an ice pack, so Krieger does not recommend sandwiches with lunch meat. Other highly perishable foods include mayonnaise, eggs and leftovers that have been refrigerated. Krieger likes peanut butter sandwiches, or those made with nut butter alternatives (derived from sunflower seeds or soybeans, for example). She also suggests sending whole fruit (always washed) rather than sliced melon, because fruit is less likely to spoil in its whole form.
- Use an ice pack. Krieger suggests having several sizes and shapes of ice packs to keep foods cold until lunch time. Inspect the ice packs regularly to make sure they are not leaking fluids.
Low, medium, high
Dobbs, of online retailer Lunchboxes.com, recommended three lunch boxes from its inventory.
- Metal lunch box. This is similar to a traditional lunch box in size and shape, and has a latch to hold it closed. The box is US$8.95 for a plain version without an insulated beverage container. Children can use stickers or markers to create their own decoration, Dobbs said. Boxes with designs or matching beverage containers cost more, up to US$19.95, depending on the character.
- Insulated lunch box. A soft lunch box with a vinyl interior, padded handle and zipper closure, this box is easy to clean and comes in a number of patterns and colours. The insulation helps keep foods cold. It has an outer pocket for extra storage and a sewn-in name tag. US$19.95.
- Go Green Bento lunch box system. A plastic container with an insulated carrying case and a drink bottle, this box has five compartments to hold food and a snap-on lid. The drink container fits inside the box. The carrying case comes in 10 patterns. The lid has a silicone gasket to prevent leaks. US$32.95.
Shop smart
- Consider replacing the lunch box every year, dietitian Sarah Krieger said. It might look fine on the outside, but mould and bacteria can accumulate on the inside of the box, particularly in any cracks or crevices. She said parents should do a basic "sniff test" on their child's lunch box during summer vacation. If it doesn't smell right, replace it.
- Have more than one lunch box for your child. By keeping a couple of lunch boxes in the rotation, Krieger said, you can send one on Monday, then have another on hand for Tuesday's lunch, leaving time to clean the first one and make sure it is completely dry before you pack food in it again. Or you can have your child alternate between bringing and buying his lunch, to give the box an extra day to dry between uses.
- Skip the packaged drinks and buy milk at school. Krieger said it's often cheaper to have your child buy his milk in the cafeteria. It's also fresh and cold. She recommends milk or water over juice, but if parents do send juice in their child's lunch, it should be 100 per cent fruit juice.
-- Washington Post


text:
A judge struck down tenure and other job protections for California's public school teachers as unconstitutional Tuesday, saying such laws harm students — especially poor and minority ones — by saddling them with bad teachers who are almost impossible to fire.
In a landmark decision that could influence the gathering debate over tenure across the country, Los Angeles County Superior Court Judge Rolf Treu cited the historic case of Brown v. Board of Education in ruling that students have a fundamental right to equal education.
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text:
200 pigs die, 100 survive when truck overturns
Authorities say 200 pigs died when the livestock truck they were riding in overturned on a northern Indiana road.
The Logansport Pharos-Tribune reports about 100 of the 300 pigs on the truck survived the crash Wednesday on Indiana 18 near the town of Young America, about 55 miles north of Indianapolis.
Galveston Fire Department volunteers and local farmers rounded up the pigs that were running free following the crash.
Cass County sheriff's deputies say the semitrailer driven by Chad Folkens of Iowa was going around a curve on the highway when a mechanical malfunction and the shifting load caused the truck to roll over. Folkens wasn't injured.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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Idiopathic Anemia of Aging (IAA)
This study has been terminated.
(No subject accrual)
National Institute on Aging (NIA)
Information provided by:
National Institute on Aging (NIA)
ClinicalTrials.gov Identifier:
First received: February 23, 2005
Last updated: August 28, 2008
Last verified: August 2008
- Full Text View
- Tabular View
- No Study Results Posted
- Disclaimer
- How to Read a Study Record
No Study Results Posted on ClinicalTrials.gov for this Study
|Study Status:
|This study has been terminated.
|Study Completion Date:
|May 2007
|Primary Completion Date:
|May 2007 (Final data collection date for primary outcome measure)


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A laceration is a cut through the skin. If it is deep, it may require stitches. Minor cuts may be treated with surgical tape, skin glue, or other basic dressings.
These guidelines will help as your laceration heals:
If a bandage was applied and it becomes wet or dirty, replace it. Otherwise, leave it in place for the first 24 hours, then change it once a day or as directed.
If sutures were used, clean the wound daily:
Wash the area with soap and water. Use 0.9% normal saline or tap water (if the water supply is sanitary) on a cotton swab to loosen and remove any blood or crust that forms.
After cleaning, keep the wound clean and dry. Talk with your doctor before applying any antibiotic ointment to the wound.
You may shower as usual after the first 24 hours, but do not soak the area in water (no tub baths or swimming) until the sutures or surgical tape is removed.
If surgical tape was used, keep the area clean and dry. If it becomes wet, blot it dry with a towel.
Most chin lacerations heal in five days with no problem. However, even with proper treatment, a wound infection sometimes occurs. Therefore, check the wound daily for the warning signs listed below. Stitches are usually not left in the face for more than 5 days; otherwise, permanent stitch marks may form. If surgical tape was used, you may remove the tape yourself after 5 days, unless told otherwise.
The doctor may prescribe or recommend an antibiotic cream or ointment to prevent infection. Do not stop taking this medication until you have finished the prescribed course or the doctor tells you to stop. The doctor may also prescribe medications for pain. Follow the doctor's instructions for taking these medications. If you have chronic liver or kidney disease or ever had a stomach ulcer or gastrointestinal bleeding, talk with your doctor before using these medicines.
Certain types of skin glues can't be used if you have an allergy to latex or formaldehyde. Tell your doctor right away about any allergies.
Follow up with your health care provider. Most chin lacerations heal within five to seven days. However, even with proper treatment, a wound infection may sometimes occur. Therefore, you should check the wound daily for signs of infection listed below. Stitches should be removed from the chin within 5 days. If tape closures were used, remove them yourself if they have not fallen off after 5 days.
Get prompt medical attention if any of these occur:
Increasing pain in the wound
Redness, swelling, or pus coming from the wound
Fever of 100.4°F (38°C) or higher, or as directed by your health care provider
Bleeding not controlled by direct pressure
If the wound edges reopen
If sutures come apart or surgical tape falls off before 5 days


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|Sleep Disorders Center
Adequate sleep is essential to your overall well-being. It is estimated that one out of three people may have some form of sleep disorder, which makes proper sleep impossible.
How sleepy are you?
Take a quiz to measure your level of daytime sleepiness.
Evaluate your sleep
Read more about the common causes of poor sleep


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$16.00 donated in past month
IMC Network
From the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay FeatureRelated Categories: Iraq | International
War Traumatizes Iraqis
CAIRO — Four years since the US-led invasion, endless scenes of blood and violence are having severe mental toll on Iraqis, particularly young children, The Washington Times reported on Tuesday, March 20.
"Whenever I remember seeing his body at the morgue, I start to cry," Fanzia Jaafer, 65, said of her 29-year-old as she sat in a psychiatrist clinic.
The Iraqi housewife has been suffering depression and suicidal thoughts since the head of her son was torn off by gunfire in late 2003.
Jaafer's case is one of hundreds of thousands, if not millions, Iraqi mental health professionals insist.
"Iraqis are being traumatized every day," asserted Said Al-Hashimi, a psychiatrist who runs a private clinic and teaches at Mustansiriya Medical School in Baghdad.
He warned that the psychological trauma of the war may echo through Iraqi society for years to come.
"No one knows what will result from living through this continuous trauma on a daily basis."
In the government-run Ibn Rushd psychiatric center in Baghdad, the queues of Iraqis looking for help are almost endless.
There has been no large-scale study of mental health in Iraq since the invasion but experts insist that the number of untreated or undertreated people nationwide is in the millions.
"There is little interest from the government. We ask for training and assistance but get nothing," lamented Dr. Haider Adel Ali.
US President George Bush invaded Iraq in March 2003 on the grounds that it had weapons of mass destruction, a claim later refuted by a US presidential report.
Wednesday Mar 21st, 2007 6:50 AM
BAGHDAD, Iraq (CNN) -- Iraqi insurgents used two children as cover to get through a checkpoint in Baghdad and then blew up the car while the kids were still inside, a U.S. general said Tuesday.
The car went through a checkpoint Sunday and parked by a market across the street from a school, said Maj. Gen. Michael Barbero, deputy director for regional operations in the Joint Chiefs of Staff.
Two adults jumped from the car, leaving the children in the back. Moments later, the car exploded, witnesses said.
Wednesday Mar 21st, 2007 6:51 AM
The vice-president of Iraq, Tareq al-Hashemi, has called for talks to be opened with the country's insurgents in an attempt to bring peace.
"I do believe that there is no way but to talk to everybody" with the exception of al-Qaeda, he said.
He told the BBC that militants were "just part of the Iraqi communities".
Mr Hashemi, a Sunni, has personal experience of Iraq's violence. Last year Shia militias murdered his sister and two of his brothers.
But he told the BBC that the only way for Iraq to make progress is for negotiations to take place.
Apart from al-Qaeda, which he said was "not very much willing in fact to talk to anybody", all parties "should be invited, should be called to sit down around the table to discuss their fears, their reservations".
Sectarian government
A multitude of different groups are reckoned to be behind the violence in Iraq, which claims the lives of hundreds of people every month.


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St. Petersburg mayor locked in three-way race
Is St. Petersburg Mayor Bill Foster in trouble?
The incumbent leader only captured 28 percent of voter support when pitted in a three-way poll against challengers Rick Kriseman and Kathleen Ford.
Ford pulled 27 percent; Kriseman, 23 percent. Another 21 percent of voters are undecided.
The automated telephone poll of 479 registered St. Petersburg voters was done Monday by StPetePolls.org and commissioned by political blogger Peter Schorsch, who runs SaintPetersBlog.com.
The poll has a margin of error of 4.5 percent.
Ford, a former City Council member, entered the race Monday. Kriseman is a former council member and former state lawmaker.
Foster is falling out of favor as 44 percent of residents have an unfavorable opinion of him; only 37 percent have a positive opinion, the poll shows.
The challengers, Ford and Kriseman, have better ratings. Thirty-six percent of voters have favorable views of her; 27 percent don't. Thirty-two percent view Kriseman as positive; 24 percent don't.
Although city races are nonpartisan, Foster, a Republican, landed 42 percent of Republican voters in the poll. Kriseman and Ford split the Democratic votes.
St. Petersburg resident Gonzales Ortez called Buzz on Tuesday to voice support for Ford. He said he attended the City Council meetings from 1978 until Foster offive in 2010.
The 85-year-old said he refuses to step inside City hall until Foster and most of the council get voted out of office.
"I might as well talk to a wall," he said. "I decided not to waste my gas. I have nothing to do until after the election when Kathleen Ford wins."


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Pink Princess Phone
($49) About 8" x 3.5". Adorable retro-inspired pink phone! Features volume, ringer control, tone/pulse switch, redial, and an ultra long headset cord. I really love it, although the cord may get annoying for me after a while considering I like to walk around while I talk (hence my love for cordless phones). But, this is such a chic, retro-esque and way cute phone! x.


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Scripps Networks Customer Success Video
About This Episode
One of the big challenges that Scripps faces is new social platforms. The company has 6 different websites with tons of social media representation. Adobe Social gives Scripps the insight into the effectiveness of social media, which is something that they didn't have before.
Get the latest tutorials, information and more about any Adobe cloud solution on Adobe Learn.


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Just in case you were thinking of buying BP, you need to understand the risks.
Here's an image from one of my computer screens (I trade with 4 screens). This gives me a snapshot of the yearly, weekly and daily view of a stock. I like to see where a stock is in those time frames before every decision to buy or sell.
The situation in BP is very bad. And while this may be a great opportunity to buy a stock that is beaten down and quite a value, it's also very risky.
I always ask people why they would take such a risk with their money - there are so many stocks in the stock market, that are good companies and present good opportunities. Just because a stock is in the news doesn't mean you have to be a hero and trade it. In fact, I'd rather trade the stock that no one knows about.
That being said, if you're going to step in at some point here, there is some technical fibonacci support here.
However, if it breaks these levels, it's going lower, much lower. The market is a popularity contest and the unpopular stocks can get very unpopular... I could see BP in the single digits if support breaks here.
So be cautious.


text: Masters of Science Fiction brings to the screen for the first time, six celebrated short stories from the worlds most highly regarded science fiction writers.From the beginning, we have wondered how life began, what our purpose is and where we are headed. We have struggled to understand time, matter, the infinite Universe, who we are and if we are alone. Great minds have imagined the most wonderful and the most terrifying answers to these questions. We invite you to join us on this great expedition...Includes:1. Watchbird2. The Discarded3. Little Brother4. The Awakening5. Jerry Was A Man6. A Clean EscapeSpecial Features:None listedCheck stock and price


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We're not sure if the gorgeous Sofia shorty might be named for Mlle. Coppola or Mlle. Vergara, but we think that this stunning piece has shades of both. Pensive and sophisticated: wide black lace bands and stunning cinematic details (the way the lace tiptoes along the bum, the way it hits the hips). Staggeringly sexy: peek-a-boo leavers lace, a play of texture and sheer. Either way, the Sofia is a tribute to women everywhere.
- Low-Rise


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#06 Zippered Cape by Mari Lynn Patrick
Welcome! You are browsing as a guestWould you like to see 8 projects made from this pattern and much more? create a free account What am I missing?
© Vogue Knitting
© Vogue Knitting
#06 Zippered Cape
One wrap around rectangle with sloped bind-offs forms the body of this asymmetric cape. A zipper and deep ribbed neckline finish the piece.
From the magazine: "A cloak made for intrigue, this cowl-neck cape zips on the diagonal along the front edge. The seed-stitch body, worked in one piece, flanks an intricate cable with cable-and-lace patterning; the cowl is picked up from the body and ribbed."
For more info, go to VK 360 (When accessing this link after the VK Fall 2011 release date, scroll down to find back issues of VK 360.)


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Financial Express (Holdings) Limited ("we", "our", "us" and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites ("sites").
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We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.
We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.
You confirm that all information you supply is accurate.
In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.
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If you want more information or have any questions or comments relating to our privacy policy please email firstname.lastname@example.com in the first instance.
Moneysupermarket.com Group PLC Interim Results announcement for the six months to 30th June 2008
Robust start to 2008 and dividend increased
Moneysupermarket.com Group PLC ('Moneysupermarket.com' or the 'Company'), the UK's leading price comparison site, is pleased to announce its interim results for the six months to 30 June 2008.
Proforma financial highlights
Revenues increased by 27% to £99.4m (£78.5m). Internet revenues rose by 30% to £95.3m (£73.5m).
Continued diversification across the internet business: Money and Insurance verticals now each represent at least 40% of Group revenues. Travel and Home Services verticals continuing to expand rapidly.
Gross margins increased to 67% representing a modest improvement over H1 2007. Higher margin Direct to Site revenues continue to form the majority of internet revenues (and the lower margin intermediary business continuing to decline as a proportion of total revenues).
Offline marketing costs held at approximately 12% of revenues, consistent with prior period.
Adjusted EBITDA1 increased by 14% to £30.1m (£26.5m), underlying UK EBITDA improved by 23% to £32.3m.
The Group has continued to strengthen its balance sheet, with a cash balance as at the end of June 2008 of £71.3m.
The Group intends to implement an enhanced dividend policy increasing dividend payout ratio to approximately 50% of adjusted net profits.
Pro forma basic earnings per share for the six months to June increased from 3.8 to 4.4 pence per share.
Maiden interim dividend of 1.3 pence per ordinary share.
Operational highlights
Visitors2 to the Group's websites increased 39% to 62.0 million.
Transactions on the Group's websites increased 37% to 39.6 million.
Online brand recognition increased from 74% in July 2007 to 78% in June 2008.
425 enhancements were made to the Group's products, of which 60 delivered significant new functionality.
1 Adjusted EBITDA is calculated by the directors following certain adjustments to the historical compensation levels of the Group Directors and Senior Managers. These adjustments reflect the Group Directors' and Senior Managers' profit share, discretionary bonus, and employers National Insurance Contributions from these historical compensation levels. Following the IPO these elements of compensation no longer applied at these levels to these individuals each of whom entered a new service contract. The charge for share based compensation relating to options issued pre-IPO has also been added back.
The Directors anticipate presenting financial information on a similar basis until the final results for the year ended 31 December 2010. Thereafter the need to present a pro forma Income Statement will not be required because the relevant comparator period will be consistent with the current period.
2 As noted in the prospectus the Group's visitor numbers during the period between June 2006 and May 2007 were understated due to certain visitors not being assigned a unique global user ID. The issue was resolved in May 2007 and has not impacted visitor numbers in the Insurance vertical after May 2007. The Group has not been able to quantify the exact extent of the understatement.
The Group recorded a substantial increase in its reported visitor count from the end of April 2008 to the end of June 2008. A free update to the popular AVG anti-virus package was released in June 2008. The update included a feature which checked URL links in browser pages to make sure that they were safe. It achieved this by following the link and physically browsing the page. Any user therefore opening a page, with links to the Moneysupermarket.com websites was therefore recorded as a visitor even if they did not physically visit the website. This substantially increased the Groups visitor count. The KPIs presented have been adjusted to eliminate the estimated impact upon the reported visitor count. A number of other web based businesses have reported similar issues. On 9 July AVG released an update to their antivirus software to rectify the problems caused by its earlier release and made this available to the general public.
Simon Nixon, CEO said
'The results for the first half of the year demonstrate the resilience of our diversified business model. We have seen the Insurance, Travel and Home Services businesses continue to develop and grow quickly as consumers seek to maximise the buying power of their disposable income as economic conditions have worsened. We also expect to launch our Shopping Channel in the next few weeks.
'We've continued to strengthen our balance sheet and today we are able to announce our maiden interim dividend and an increase in our dividend policy.
'Our second half revenue growth will be solid, albeit slower than the first half. Overall, in the longer term price comparison remains a large and growing sector and we will continue to invest to enhance our leading and diversified market position.'
For further information, contact:
Paul Doughty, Chief Financial Officer, moneysupermarket.com
Tel: 0207 353 4200
Ian Williams, Director of Communications, moneysupermarket.com
Tel: 07515 329671 or email@example.com
Susanna Voyle, Tulchan Group
Lizzie Morgan, Tulchan Group
Moneysupermarket.com Group PLC was formed as a new holding company on 14 March 2007 and it acquired Moneysupermarket.com Financial Group Limited and its subsidiaries (together the 'Group') on 22 June 2007. Accordingly the Group is presenting consolidated results which include comparatives for the period from 22 June 2007 to 30 June 2007. These have been presented on pages 14 to 22. Revenues for the six months to 30 June 2008 were £99.4m (2007:£4.1m), generating a profit before tax of £14.4m (2007: loss £0.5m).
Moneysupermarket.com is also presenting a pro forma Income Statement for the six months to June 2007 and June 2008 to show what the financial results would have been had Moneysupermarket.com acquired Moneysupermarket.com Financial Group Limited on 1 January 20061.The directors believe that this will allow users of the financial information to gain a better understanding of the underlying performance of the business. The pro forma results are presented on pages 9 and 10.
We are pleased to report a good set of results for the six months to 30 June 2008. The following commentary is based on the pro forma results presented on the basis described above using adjusted EBITDA2. Adjustments total £3.2m in the six months ended 30 June 2008 and £7.0m in the corresponding period. An analysis of these adjustments is shown below the pro forma Income Statement on page 9.
Revenues grew by 27% to £99.4m and adjusted EBITDA by 14% to £30.1m. Revenue grew in each vertical sector over the prior period last year. The Internet business generated £95.3m of revenues representing 96% of turnover in the six months to June 2008 compared to £73.5m in the corresponding period which represented 93% of turnover.
Group gross margins at 67% improved marginally over the prior year. The Group maintained its proportion of Direct to Site revenues in the period whilst the proportion of revenues attributable to partners continued to decline. Revenues from Search Engine Marketing, notably Google, increased marginally with gross margins generated at a similar level to last year. Gross margins have also benefited from a shift in sales mix away from the Intermediary business to the Internet business. The lower margin Intermediary business now represents 4% of turnover compared to 7% in the comparable period last year.
The Group has continued to invest for growth over the period. The adjusted cost base increased by 44% from £26.4m to £38.0m. Distribution costs increased by £1.9m (19%) driven by an increase in TV advertising expenditure. On line brand recognition has continued to strengthen over the period and reached 78% in June 2008 up from 74% from July 2007 as measured by a YouGov survey regularly commissioned by the Group.
Administrative costs increased by £9.8m (59%) over the period from £16.5m to £26.3m. Adjusted staff costs have increased by £5.4m to £15.6m. Headcount increased from 576 to 651 from June 2007 to June 2008 primarily in IT and operations, but headcount has not been increased significantly since the beginning the year. The Group has invested approximately £1.5m in flexible resource in the Money vertical to port its technology from ASP to ASP.net, and to improve the functionality of a number of other channels. It is anticipated that this will be completed at the beginning of Q4 and that these costs will not be ongoing. Other costs including irrecoverable VAT increased by £4.4m as the business continued to grow including an increase in the irrecoverable VAT charge which has accentuated by a change in mix towards sales which were exempt from VAT, notably Insurance revenues, together with the introduction of a second data centre to provide business continuity management capability.
1Assuming a debt free acquisition at 1 January 2006, from which date intangible amortisation commenced, and a share option charge which reflects the average charge over the vesting period of currently unexercised options.
2Adjusted EBITDA is calculated by the directors following certain adjustments to the historical compensation levels of the Group Directors and Senior Managers. These adjustments reflect the Group Directors' and Senior Managers' profit share, discretionary bonus, and employers National Insurance Contributions from these historical compensation levels. Following the IPO these elements of compensation no longer apply at these levels to these individuals each of whom has entered a new service contract. The charge for share based compensation relating to options issued pre-IPO has also been added back.
The Directors anticipate presenting financial information on a similar basis until the final results for the year ended 31 December 2010. Thereafter the need to present proforma Income Statement will not be required because the relevant comparator period will be consistent with the current period.
Highlights (continued)
The Group commenced operations in Germany in October 2007 and invested £0.7m in these activities in the first six months of the year. Adjusted Group EBITDA margins declined from 33.8% in the six months to June 2007 to 30.3% in the six months to June 2008. Underlying UK EBITDA margin adjusted to remove German costs and revenues and the use of the flexible resource highlighted above was 32.5%, in line with the second half of 2007.
Group revenues are presented and discussed below by vertical and business unit.
6 Months to 30 June 2008
6 Months to 30 June 2007
Home Services
Total Internet
Internet Business
The Group transacted business across four different verticals being Money, Insurance, Travel and Home Services.
The Money vertical currently offers the consumer the ability to search for and compare personal finance products including business finance, credit cards, current accounts, mortgages, personal loans and savings accounts. It also includes elements of the Group's lead business (PAA), its advisory business (MCAT), together with advertising revenues derived from money products.
The KPIs for the Money vertical are shown below
6 months to
30 June 2008
6 months to 30 June 2007
Visitors (000) 1
Transactions (000)
Revenue (£000) - click based revenue
Revenue (£000) - other2
Revenue (£000) - total
Revenues in the Money vertical have grown in total by 8% from £37.2m to £40.3m and transaction revenue has grown by 15% from £28.9m to £33.4m. The growth in transaction revenues in the first six months of the year has been driven by the credit cards and savings channels both of which have performed strongly. Revenues in the loans and mortgages channels have however fallen over the comparable period as underwriting criteria, particularly in the loans marketplace, have tightened coupled with a contraction in the supply of available credit. The impact of this change in sales mix away from loans, which generates higher transaction revenues, towards other products in the Money vertical has been to reduce RPT and RPV. Visitor growth over the period was relatively strong at 27%.
Other revenues which include mortgage lead revenues, brokerage income for loans and mortgages and impression based advertising has declined by 16% over the prior period. Commissions that are earned from loan brokerage in particular have reduced significantly over the same period last year as a result of the difficult market conditions. Revenues from impression based advertising have been in line with the prior period. Banner advertising has been reduced to improve the user's experience on the site.
The Insurance vertical currently offers the ability for the consumer to search and compare quotations for breakdown, dental, home, life, medical, mortgage payment protection, motor, payment protection, pet and travel insurance. It also includes elements of the Group's lead business (PAA) and advisory business (MCAT) together with advertising revenues from insurance products.
The KPIs for the Insurance vertical are shown below.
6 Months to June 2007
Revenue (£000) - other2
Revenues in the Insurance vertical have grown by 50% from £26.4m to £39.7m and transaction revenue has grown by 59% from £22.0m to £35.0m. RPT increased by 31% to £4.27 as a number of commercial deals were migrated from pure cost per click to largely cost per action commercial arrangements over the course of 2007 and 2008. Improvements have been made over the last year and continue to be made, to search functionality on the site to enable consumers to obtain a more tailored quote relevant to their particular circumstances across a whole range of insurance services. Both these factors have improved conversion rates on provider sites improving the Group's recorded RPT and RPV.
Non click revenues increased by 5% over the period driven by the growth in leads retailed on the Group's lead based bidding platform.
1The Group recorded a substantial increase in its reported visitor count from the end of April 2008 to the end of June 2008. A free update to the popular AVG anti-virus package was released in June 2008. The update included a feature which checked URL links in browser pages to make sure that they were safe. It achieved this by following the link and physically browsing the page. Any user opening a page with links to the Moneysupermarket.com websites was therefore recorded as a visitor even if they did not technically visit the website. This substantially increased the Group's visitor count. The KPIs presented have been adjusted to eliminate the estimate of impact upon the reported visitor count. A number of other web based businesses have reported similar issues. On July 9 AVG amended their antivirus software to rectify the problems caused by its earlier release and made this available to the general public.
As noted in the prospectus the Group's visitor numbers for the Insurance vertical during the period between June 2006 and May 2007 were understated due to certain visitors not being assigned a unique global user ID. The issue was resolved in May 2007 and has not impacted visitor numbers in the Insurance vertical after May 2007. The Group has not been able to quantify the exact extent of the understatement.
2During the period the Group undertook an exercise based on additional information made available to it to reallocate impression based advertising revenues between the Money and Insurance verticals in 2007 consistent with the results presented for the six months ended 2008. As a result of this exercise £1.1m shown in the Money vertical in other revenues has been reallocated and recoded in other revenues in the Insurance vertical in respect of the six months ended 30 June 2007.
The Travel vertical currently offers the consumer the ability to search for and compare airport parking, car hire, flights, hotels, and package holidays.
The KPIs for the Travel vertical are shown below
Revenue (£000) - other
Revenues in the Travel vertical have grown by 48% from £7.5m to £11.1m and transaction revenue has grown by 49% from £6.5m to £9.8m. Growth has been driven by increasing visitor numbers which have grown 54% with RPV broadly consistent with the prior period. Growth has been delivered with a relatively flat spend on TV advertising and the vertical has moved into profit against a loss in the comparable period last year.
The Home Services vertical was launched in 2006. It offers consumers the opportunity to search for and compare products for broadband, mobile telephone, shopping and utilities.
The KPIs for the Home Services vertical are shown below.
6 months to June 2008
30 June 2007
Revenues in the Home Services vertical have grown by £1.8m to £4.1m in the six months ended June 2008. Revenues across all channels in the vertical grew over the comparable period last year. Utilities in particular grew strongly driven by the rising price of gas and electricity. Utilities is the largest channel in the Home Services vertical and commands the largest transaction values in the vertical. It accounted for a greater proportion of revenues in the first half of 2008 against the comparable period last year thereby increasing recorded RPT and RPV in the Home Services vertical. Conversion rates of the utilities channels are typically much lower than other channels in the Home Services vertical and as a consequence of this change in sales mix the recorded number of transactions fell.
1The Group recorded a substantial increase in its reported visitor count from the end of April 2008 to the end of June 2008. A free update to the popular AVG anti-virus package was released in June 2008. The update included a feature which checked URL links in browser pages to make sure that they were safe. It achieved this by following the link and physically browsing the page. Any user opening a page with links to the Moneysupermarket.com websites was therefore recorded as a visitor even if they did not physically visit the website. This substantially increased the Group's visitor count. The KPIs presented have been adjusted to eliminate the estimate of impact upon the reported visitor count. A number of other web based businesses have reported similar issues. On 9 July AVG amended their antivirus software to rectify the problems caused by its earlier release and made this available to the general public.
Other includes discontinued revenue lines notably in relation to new cars.
Impact of First Plus
The Group announced on 9 July 2008 that it expected that the cessation of trading by First Plus in early August would reduce full year revenues by approximately £7m and EBITDA by up to £5m but that it would seek to mitigate the impact on the current year results by a combination of replacing lost volumes and cost reduction measures. Trading with First Plus has been extended until the end of August 2008. The Group continues to work with other providers to secure commercial relationships to replace the capacity and is in advanced discussions with a number of providers with a view to commencing trading with them by the end of the third quarter. It is not yet possible at this stage to be able to forecast the volumes and revenues that may be generated and the Group will complete a review of its cost base in this area once trading commences.
During the first half of 2008 the Group refocused its operations in Germany. Launched in October 2007 the German operation was initially centred on Motor Insurance using a third party provided solution to test the market. Whilst the initial reaction from consumers was broadly positive the technology solution was not sufficiently flexible to enable rapid development particularly to the front end consumer offering and has therefore been discontinued and the website offering suspended. The Group is continuing to work on its proposition and anticipates launching new services in Q1 2009 using proprietary technology with build commencing in the third quarter of 2008. The Group expects to invest in the region of £1.5m in the German business in the second half of the year
Intermediary Business
Intermediary revenues declined from £4.9m to £4.1m over the period. The Group announced in its trading update on 26 June 2008 that it was commencing a review of the Intermediary business. It has concluded that it will substantially cut back its operations in this area particularly in its packaging business and as a result more than 20 employees left the business in August. This will deliver cost savings in the region of £0.8m per annum. The Group continues to operate a number of different businesses in this area but revenues are expected to continue to decline in the short term relative to the comparable period last year reflecting the decline of the mortgage marketplace in general. The Group will continue to monitor the performance of this segment of the business very closely.
Capital Restructuring For IPO
As noted above on 22 June 2007 Moneysupermarket.com a company controlled by Simon Nixon, purchased the entire share capital of Moneysupermarket.com Financial Group Limited by way of a share for share exchange and a cash payment of £162m to one of the founder shareholders. This transaction will have a number of impacts on the accounts of the Group in the current, and prior periods, as well as subsequent periods. At 30 June 2007 the transactions to acquire the founder shareholder's shares and create the new statutory structure had been completed and are reflected within these accounts. The Group incurred total transaction costs relating to the acquisition of Duncan Cameron's shares, the raising and draw down of the required financing and the IPO of approximately £15.8m.
The acquisition was funded by an all senior debt facility of £150m. The company incurred costs of £3.6m directly associated with the raising and draw down of the loan facility. The debt was repaid from the proceeds of the IPO on 31 July 2007. The costs incurred were expensed over the period from 22 June 2007 to 31 July 2007. This has resulted in a finance charge in the period to June 2007 of £0.8m in the accounts. The balance of the charge was expensed in the second half of 2007. The pro forma Income Statements have been prepared on a debt free basis and consequently there have been no costs recognised in respect of the debt raised in them.
The acquisition gave rise to £125m of goodwill and the recognition of £207.2m of intangibles. Individual intangibles are amortised over their useful lives (which are in the range of 3-10 years) with a charge of £25.2m per annum in the first 3 years in the full year accounts. A full six months charge of £12.6m is included in the pro forma Income Statement for both periods.
Costs that were incurred wholly in preparation for the IPO are included within other debtors as at 30 June 2007. They were written off to share premium in the second half of the year.
Cash Balance and Dividend
As at 30 June 2008 the Group had a net cash balance of £71.3m. The Group continued to strengthen its cash position throughout the period converting 97% of its unadjusted EBITDA to cash. At IPO the Directors targeted a dividend payout of approximately one third of adjusted net income each year, payable by way of an interim and final dividend each year. It was planned that one third of the annual amount would be paid as an interim dividend, and two thirds as a final dividend. Having reviewed the cash required by the business, the Board has decided to increase the dividend payout ratio to approximately fifty percent of adjusted annual net income to be paid on a broadly similar basis.
The Board is therefore declaring an interim dividend in respect of the six months ended 30 June 2008 of 1.3 pence per share (£6.5m in aggregate). The ex-dividend date is 17 September 2008, with a record date of 19 September 2008 and a payment date of 17 October 2008.
Trading during the third quarter to date has been mixed against a strong comparator period last year particularly in the Money vertical where loans in particular recorded record levels of growth.
The loans and mortgage markets have not improved but all of the other major channels within the Money vertical have been trading positively. This has however not been sufficient to prevent the Money vertical declining by more than 10% over the same strong comparator period last year. Revenues in absolute terms, however, for the first two months of the third quarter are broadly in line pro rata with the second quarter.
The Insurance vertical has continued to grow strongly over the same period last year but the Group has noted that its acquisition costs have increased markedly as competition has intensified. The Group has sought to protect and will continue to protect its market share. This has depressed Group margins in the quarter to date.
Trading in the Travel vertical has been satisfactory to date with revenues ahead of the same period last year although growth has slowed relative to H1. The Group has scaled back its TV advertising in this area in the third quarter which has had some impact on revenue but increased profitability.
Revenues in the Home Services vertical have been particularly strong relative to the same period last year buoyed by utilities switching driven by recent price rises in energy bills.
Overall the Group anticipates solid revenue growth in the second half, albeit at a slower rate than in the first half. The absolute level of second half profitability will be determined by the ability to replace the revenues generated by First Pus and the cost of defending market share in the Insurance vertical.
Longer term the Group remains committed to maintaining its leading and diversified market position in the fast growing price comparison sector.
Analysts Presentation
There will be a presentation for investors and analysts at UBS, 1 Finsbury Avenue, London, EC2M 2PP at 9.30am this morning.
Unaudited Pro Forma Income Statement
for the 6 month period ended 30 June 2008
Cost of sales
Gross profit
Distribution expenses
Administrative expenses - excluding directors' and senior managers' profit share and discretionary bonuses, and share based compensation
Administrative expenses - directors' and senior managers' profit share and discretionary bonuses
Administrative expenses - share based compensation for options issued pre and post IPO
Administrative expenses
Operating profit
Financial income
Financial expense
Net finance income
Profit before tax
Adjusted EBITDA
Operating profit above
Directors' and senior managers' profit share and discretionary bonuses
Share based compensation relating to pre IPO options
Total Adjustments
Amortisation of intangibles
Basis of Preparation
The pro forma results show the trading results for the 6 months ended 30 June 2007 and 30 June 2008 adjusted for the following assumptions;
The acquisition of Moneysupermarket.com Financial Group Limited by Moneysupermarket.com occurred debt free on 1 January 2006.
The charge included within the pro forma Income Statement for the share options is the average expected charge over the vesting period of options to be exercised following the IPO.
The board regards an adjusted EBITDA figure as being the most meaningful profit measure for this period. The following adjustments have been made to the pro forma Income Statement:
The acquisition of Moneysupermarket.com Financial Group Limited by Moneysupermarket.com Group PLC gave rise to £207.2m of intangible assets. These are to be written off over a period of 3-10 years with a charge of £25.2m per annum to be recorded in each of the first three years. This has been shown within administrative expenses as a charge of £12.6m in the 2007 and 2008 pro forma Income Statements.
With effect from the Listing of the Company on 31 July 2007, Directors' and senior management's compensation was revised and the individuals entered into new service agreements. Directors' and certain senior management's profit share, discretionary bonus and employer's national insurance contributions have been added back to reflect the fact that following Listing on 31 July 2007 these elements of compensation no longer apply to these individuals.
Certain share option charges relating to Directors, senior management and other employees of the Group have been added back to calculate adjusted EBITDA. Prior to the acquisition of Moneysupermarket.com Financial Group Limited by the Company, Moneysupermarket.com Financial Group Limited issued share options to employees on terms that will not be offered moving forward. On Listing, the Company also issued 'free' shares to the value of £3,000 as a 'bonus' to each eligible employee as part of its Share Incentive Plan scheme. On Listing, the Company also entered into an agreement with Gerald Corbett under which Gerald Corbett purchased 117,647 ordinary shares in the Company, and provided he completes 3 years service as Chairman of the Company from Listing and he retains those ordinary shares he purchased, he will be entitled to subscribe at nominal value for 235,294 ordinary shares in the Company. The Company does not currently intend to make similar awards in the future. It does however anticipate making conditional share awards under the terms of the Company's Long Term Incentive Plan (LTIP) in the future to key staff on commercial terms. Conditional awards were made under the Company's Long Term Incentive Plan on 28 December 2007. A charge for these awards is included within the pro forma results for 2008.
Principal Risks and Uncertainties
Below is a summary of the material operational and financial risks to the Group's results during the second half of the year.
Operational Risks:
Competitive Environment
Loss of market share and erosion in margins from increased competition.
Perception of Brand
Reduction in consumer loyalty amongst existing consumers and an inability to attract new consumers if the business fails to maintain its position as a consumer champion.
Capacity and Functionality of IT and Systems Infrastructure
Failure to provide adequate service levels to consumers or maintain revenue generating services.
Retention of Key Management
Lack of necessary expertise or continuity to execute strategy.
Reliance on Search Engines Paid Search and Natural Listings
Reduction in gross margin through reduction in revenues derived from search engine optimisation or failure to manage search engine marketing campaigns appropriately.
Financial Risks:
Revenue Assurance
Reduction of or a failure to recognise revenues from contracted providers where the Group is remunerated on a cost per action basis.
Investment in New Areas
Capital invested in new products and services or new geographies fails to make a return.
Financial Services and Other Markets Regulation and Taxation
The business model in financial services or other lines of business may be compromised by changes to existing regulation or the introduction of new regulation or changes to the taxation legislation particularly value added tax.
Significantly Worsening Credit Markets
Financial institutions may reduce the quantum of lending, increase their acceptance criteria for consumers seeking to obtain credit, or withdraw from the marketplace altogether. This may reduce Group revenues.
Responsibility Statement Of The Directors In Respect Of The Half-Yearly Report
The Directors confirm that, to the best of their knowledge:
The condensed set of financial statements has been prepared in accordance with IAS 34 'Interim Financial Reporting', as adopted by the EU; and
The interim management report includes a fair review of the information required by:
a. DTR 4.2.7R of the Disclosure and Transparency Rules, being an indication of important events that have occurred during the first six months of the financial year and their impact on the condensed set of financial statements; and a description of the principal risks and uncertainties for the remaining six months of the year; and
b. DTR 4.2.8R of the Disclosure and Transparency Rules, being related party transactions that have taken place in the first six months of the current financial year and that have materially affected the financial position or performance of the entity during that period; and any changes in the related party transactions described in the last annual report that could do so.
The Directors of Moneysupermarket.com are listed on page 20 of the Group's Annual Report for the year ended 31 December 2007.
By order of the Board
Simon Nixon Paul Doughty
26 August 2008 26 August 2008
Chief Executive Officer Chief Financial Officer
Independent review report to Moneysupermarket.com Group PLC
We have been engaged by the Company to review the condensed set of financial statements in the half-yearly financial report for the six months ended 30th June 2008 which comprises the Consolidated Income Statement, Consolidated Balance Sheet, Consolidated Statement of Changes in Equity, Consolidated Cash Flow Statement and the related explanatory notes. We have read the other information contained in the half-yearly financial report and considered whether it contains any apparent misstatements or material inconsistencies with the information in the condensed set of financial statements.
This report is made solely to the Company in accordance with the terms of our engagement to assist the company in meeting the requirements of the Disclosure and Transparency Rules ('the DTR') of the UK's Financial Services Authority ('the UK FSA'). Our review has been undertaken so that we might state to the Company those matters we are required to state to it in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company for our review work, for this report, or for the conclusions we have reached.
Directors' responsibilities
The half-yearly financial report is the responsibility of, and has been approved by, the directors. The directors are responsible for preparing the half-yearly financial report in accordance with the DTR of the UK FSA.
As disclosed in note 2, the annual financial statements of the Group are prepared in accordance with IFRSs as adopted by the EU. The condensed set of financial statements included in this half-yearly financial report has been prepared in accordance with IAS 34 Interim Financial Reporting as adopted by the EU.
Our responsibility
Our responsibility is to express to the Company a conclusion on the condensed set of financial statements in the half-yearly financial report based on our review.
Scope of review
We conducted our review in accordance with International Standard on Review Engagements (UK and Ireland) 2410 Review of Interim Financial Information Performed by the Independent Auditor of the Entity issued by the Auditing Practices Board for use in the UK. A review of interim financial information consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing (UK and Ireland) and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
Based on our review, nothing has come to our attention that causes us to believe that the condensed set of financial statements in the half-yearly financial report for the six months ended 30th June 2008 is not prepared, in all material respects, in accordance with IAS 34 as adopted by the EU and the DTR of the UK FSA.
KPMG Audit Plc
Chartered Accountants
St James' Square
Manchester, M2 6DS
26 August 2008
Unaudited Condensed Consolidated Income Statement
6 months and
6 months to
9 days to
30 June
31 December
Cost of sales
Distribution expenses
Results from operating activities
Financial income
Net finance income/(costs)
Profit/(loss) before income tax
Income tax (expense)/credit
Profit/(loss) for the period
Attributable to:
Equity holders of the Company
Minority interest
Earnings/(loss) per share
Basic earnings/(loss) per ordinary share (pence)
Diluted earnings/(loss) per ordinary share (pence)
Unaudited Condensed Consolidated Balance Sheet
Non-current assets
Property, plant and equipment
Intangible assets
Deferred tax asset
Total non-current assets
Current assets
Trade and other receivables
Cash and cash equivalents
Total current assets
Total assets
Non-current liabilities
Deferred tax liability
Current liabilities
Loans and borrowings
Trade and other payables
Current tax liabilities
Total current liabilities
Total liabilities
Share capital
Share premium
Retained earnings
Other reserves
Total equity attributable to equity holders of the Company
Total equity
Total equity and liabilities
Unaudited Consolidated statement of changes in equity
for the period ended 30 June 2008
Issued share capital
Reserve for own shares
Foreign currency translation reserve
At 22nd June 2007
Loss for the period
Total income and expense for the period
Arising on acquisition of subsidiary
Share-based payment
At 30 June 2007
At 1st July 2007
Foreign currency translation
Total income and expense for the period recognised directly in equity
Deferred tax on share-based payments
Profit for the period
Adjustment to fair values at acquisition
Issue of share capital
Transaction costs
At 31 December 2007
At 1st January 2008
Equity dividends
Exercise of share options
At 30 June 2008
The other reserves balance represents the merger and revaluation reserves generated upon the acquisition of Moneysupermarket.com Financial Group Limited by Moneysupermarket.com Group PLC.
The translation reserve comprises all foreign currency differences arising from the translation of the financial statements of foreign operations.
The reserve for the Company's own shares comprises the cost of the Company shares held by the Group. At 30 June 2008, the Group held 948,184 shares at a cost of 0.02 pence per share through a trust, for the benefit of the Group's employees.
Unaudited Cash Flow Statement
for the period ended 30 June
Operating activities
Adjustments to reconcile Group net profit to net cash flows:
Amortisation of intangible assets
Net finance (income)/costs
Equity settled share-based payment transactions
Income tax charge/(credit)
Effect of exchange rate differences
Changes in trade and other receivables
Changes in trade and other payables
Income tax paid
Net cash flow from operating activities
Investing activities
Interest received
Acquisition of property, plant and equipment
Acquisition of subsidiary
Cash acquired with subsidiary
Net cash flow from investing activities
Financing activities
Proceeds from issue of share capital
Proceeds from borrowings
Loan from a related party
Dividends paid
Net cash flow from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at start of period
Cash and cash equivalents at end of period
(forming part of the financial information set out on pages 14 to 22)
Reporting entity
Moneysupermarket.com is a company domiciled in the United Kingdom. The condensed consolidated financial statements of the Company as at and for the six months ended 30 June 2008 comprise the Company and its subsidiaries.
The consolidated financial statements of the Group as at and for the year ended 31 December 2007 are available upon request from the Company's registered office at Moneysupermarket House, St David's Park, Ewloe, Chester, CH5 3UZ, or online at www.moneysupermarket.com.
Statement of compliance
These condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standard (IFRS) IAS 34 Interim Financial Reporting as adopted by the EU. They do not include all of the information required for full annual financial statements, and should be read in conjunction with the consolidated financial statements of the Group as at and for the year ended 31 December 2007.
The comparative figures for the year ended 31 December 2007 are not the Company's statutory accounts for that financial year. Those accounts have been reported on by the Company's auditors and delivered to the Registrar of Companies. The report of the auditors was (i) unqualified, (ii) did not include a reference to any matters to which the auditors drew attention by way of emphasis without qualifying their report, and (iii) did not contain a statement under section 237(2) or (3) of the Companies Act 1985.
These condensed consolidated interim financial statements were approved by the Board of Directors on 26 August 2008.
Significant accounting policies
As required by the Disclosure and Transparency Rules of the Financial Services Authority, the condensed set of financial statements has been prepared by the Group by applying the same accounting policies and significant judgements as were applied by the Group in its published consolidated financial statements as at and for the year ended 31 December 2007.
Notes (continued)
Segmental information
Period ended 30 June 2007
Total external revenues
Segment result
Unallocated expenses
Net finance costs
Income tax credit
Profit for the period
Period ended 30 June 2008
Net finance income
Income tax expense
Notes (continued)
Income tax
The Group's effective consolidated tax rate for the six months ended 30 June 2008 was 32.2% (for the period ended 31 December 2007 -25.2%; for the nine days ended 30 June 2007 19.5%). This change in the effective tax rate was caused by the following factors:
During the period ended 31 December 2007, the enacted corporation tax rate decreased from 30% to 28%, and therefore the deferred tax liability which arose on the acquisition of Moneysupermarket.com Financial Group Limited was re-valued, resulting in a one-off deferred tax credit of £3.7m.
During the period ended 31 December 2007, the Group issued share options which resulted in credits to current and deferred tax of £0.2m and £1.2m respectively.
Earnings per share
Basic and diluted loss per share has been calculated on the following basis.
Profit/(loss) after taxation (for basic and diluted earnings per share)
Basic weighted average ordinary shares in issue (millions)
Dilutive effect of share based instruments (millions)
Diluted weighted average ordinary shares in issue (millions)
Basic earnings/(loss) per ordinary share (pence)
Diluted earnings/(loss) per ordinary share (pence)
Declared and paid during the period:
Equity dividends on ordinary shares:
Final dividend for 2007: 1.63 pence per share
Proposed for approval (not recognised as a liability as at 30 June):
Interim dividend for 2008: 1.3 pence per share
Intangible fixed assets
Market related
Customer relationship
Customer list
Technology related
Charged in period
Net book value
At 1 January 2008
The Group uses its current share price as an indicator for impairment, by comparing the market capitalisation of the Group against the carrying value of the Group's assets. During the six months to 30 June 2008, there was no indication of impairment. However, in light of recent fluctuations of the Group's share price following the balance sheet date, the Group intends to perform an impairment review in the second half of 2008. This will assess the value in use of the Internet segment, to which all the value of the intangible assets is assigned. The calculation will be based on the Group budget for 2009, conservative growth rates, and a likely discount factor of 10%.
Share-based payments
No new share option schemes have commenced, and no new share options have been issued, during the period.
The share option charge in the Income Statement can be attributed to the following types of option:
Unapproved option scheme
Share Incentive Plan scheme (SIP)
Chairman's share award
Long Term Incentive Plan scheme (LTIP)
The following table indicates the changes in the number of each type of share option during the period:
SIP/Chairman's Award
Options exercised during the period
Options forfeited during the period
Related party transactions
The aggregate value of transactions and outstanding balances relating to key management personnel and entities over which they have control or significant influence were as follows:
Transaction value
Period ended
Balance outstanding
As at
Related Company
S J Nixon
Abacus Permanent Limited
Virtual Processing Limited
In addition, Simon Nixon and Paul Doughty received dividends from the Group during the period totalling £4,409,807 in relation to the year ended 31 December 2007.
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