Word: annualized
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Dates: during 2000-2009
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...time. The costs to "buy" and maintain those ships is about $3 million each per year, because a trawler that is seized for use and not ransomed is $3 million in revenue not taken in. Mother ship costs are at least $30 million, maybe $36 million. These are not annual costs. For each one sunk, the cost of replacement is $3 million. On a pro forma basis for operations, the cost of mother ships is $6 million...
...radars available for small ships run about $4,000. High end GSP system cost about $1,500, and sonar systems a little less than $1,000. All of the equipment runs about $400,000 for 12 trawlers and 50 raiders before installation costs. Once again, this is not an annual cost because most of the hardware can be used for several years...
...Based on annual costs with pro forma calculations for things that have a life of more than a year, the expenses of operating the Somali pirate operation are $79 million. That puts the profit of the operation at over $120 million. It is worth contrasting that to the average income per capital in Somalia which is only about...
...organization, even decades after their involvement as undergraduates. Louis H. Begley ’54, the critically-acclaimed author, was a member of the fiction board while at Harvard and is currently the Chairman Emeritus of the Advocate’s Board of Trustees. In 2000, an annual prize was established in his honor for the best fiction piece published in the magazine...
Heading en masse to new positions in Japan's major corporations, fresh university graduates in black suits have become as common a sight in Tokyo as April's cherry blossoms. But this year, things are different. According to a closely watched annual survey, the companies that were once synonymous with Japan Inc. - Toyota, Sony, Sharp and Canon - have lost their luster as potential employers. For those seeking secure jobs-for-life, students are instead looking to relatively low-risk industries such as railroads and public utilities...