These cost synergies are in addition to the $225M-$240M of gross cost
savings that are expected to be achieved through the continued execution of Project Fuel.
Since inception, the team has acquired 159 assets totaling $6.8 billion of gross cost
across its two commingled equity funds (the AllianceBernstein U.S.
The two portfolios comprise a portfolio of leisure assets across the UK with a gross cost
of GBP224 m representing a net initial yield of 5.9% and with a weighted average unexpired lease term of 18 years, comprising.
Work on the Kachhi Canal was started 15 years ago, however it fell victim to gross cost
overrun and long delays.
Speaking on the occasion, WAPDA Chairman said that it is a matter of great satisfaction that Kachhi Canal, started 15 years ago, was almost an abandoned project owing to certain reasons, gross cost
overrun and long delays being the major contributing factors.
of credit risk fell to 55 basis points (bps), compared to 75 bps for the same period in 2016.
Chief executive officer, Stephen Hester, said, 'We are today increasing our annual gross cost
savings target to over GBP350 million by 2018 and raising our underlying return on tangible equity expectation to the upper half of our 12 to 15 percent target range by 2017 with further improvement to come thereafter.
For this study, a gross cost
and a net cost are established.
Mr East said he hopes the changes will bring gross cost
savings of between PS150m and PS200m a year with benefits accruing from 2017.
The job cuts however will lead to a total gross cost
saving of around e1/4270 million from 2018 onwards, ING said.
That has been the practice of most family doctors who with one-fifth of that labour force have seen every man, woman and child in the country five times a year on average at a gross cost
of about 4s 6d per consultation.