- •Part II. Finance Unit 1 a country's economy
- •I. Read the following text and be ready to summarise the main idea.
- •II. Answer the following questions:
- •III. According to the text, are the following statements true or false?
- •IV. Complete each sentence with the correct form of the word.
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Africa's Strong Growth
- •VI. Answer the following questions:
- •I. Listen to the recording and fill in the data on the economy of Aland and Beland.
- •VII. Match the words from the text with their definitions.
- •VIII. Fill in the gaps with words or word-combinations from the list.
- •II. Listen to the recording one more time and answer the following questions.
- •I. Using information of International Financial Programme, summarise the situation in Brazil.
- •II. Translate the following article into English: Япония: как обуздать дефляцию?
- •Unit 2 Mergers and takeovers
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text 1. Merger Mania As Telecoms Goes Multimedia
- •III. Match the words from the text with their definitions.
- •IV. Find in the text English equivalents to the following words and create your own sentences using them:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Novoship Agrees To Merge Limit, As Russian Ship Monopoly Vetoed
- •VI. According to the text, are the following statements true or false?
- •I. Speak out:
- •II. Read the following information and discuss the questions that follow.
- •Unit 3 The Consumer Society
- •Read the following text and be ready to summarise the main idea.
- •II. Answer the following questions:
- •III. Find the sentences in the text that prove the following statements and comment on them:
- •IV. Circle the most appropriate synonym according to the contextual meaning of the word:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. The pr Industry Today
- •VI. Answer the following questions:
- •Fill in the table with the suitable words and expressions to describe all possible pros and cons for each mean of Mass Media:
- •Match the words with their definitions.
- •Unit 4 Commodity markets
- •Read the following text and be ready to summarise the main idea. Text 1. China Effect Convulses Commodity Markets
- •II. Answer the following questions:
- •III. Complete the following lines with the words from the text:
- •IV. Match the words from the text with their definitions.
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Gold Market
- •VI. According to the text, are the following statements true or false?
- •VII. Read text II attentively and finish the statements choosing the best variant.
- •VIII. Find words and phrases in text II corresponding to the following definitions
- •I. Listen to the text and write a short review on Kuala Lumpur trading in palm oil.
- •II. Listen to the recording and write down information about:
- •1. Using information from the recording write a short report for your imaginary client dealing with tea export.
- •2. Don't forget to give a title to your report, briefly summarise the information and give your recommendations in the end. Unit 5 Company finance
- •I. Read the following text and comment on the six effective cost-control strategies outlined in it. Text 1. Do-It-Yourself Growth Capital
- •II. Answer the following questions:
- •III. Rewrite the sentences using the words and word-combinations from the text instead of the underlined ones.
- •IV. Fill in the gaps with the words or word-combinations from the list.
- •V. Read the text and point out the main ideas which are discussed in it.
- •VI. Answer the following questions.
- •VII. Give definitions to the words from the text. Make up your own sentences using them.
- •VIII. Circle the most appropriate synonym to the word according to its contextual meaning.
- •I. Speak out:
- •Unit 6 Bankruptcy and receivership
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text 1. Micky McDonald Ran Westbeach For Five Years. Then It Went Bankrupt.
- •II. Choose the best variant:
- •III. According to the text, are the following statements true or false?
- •IV. Find the words in the text referring to the given definitions:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Lawsuit Bursts Balloon Of Party-goods Chain
- •Unit 7 Stocks, shares and investment
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text I. Apple Pie Stock Options
- •I1. According to the text, are the following statements true or false?
- •III. Match the words from the text with their definitions.
- •IV. Find English equivalents in the text to the word-combinations that follow:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Sound Investing During Market Volatility
- •VI. Answer the following questions:
- •VII. Match the words from the text with their definitions.
- •VIII. Continue the list of synonyms with the words from the text:
- •II. Listen again and answer the following questions:
- •Unit 8 Exchange and interest rates
- •Read the following text and be ready to summarise the main idea. Text 1. Forces Behind Exchange Rates
- •I1. Answer the following questions:
- •III. According to the text, are the following statements true or false?
- •IV. Give definitions to the words from the text according to their contextual meaning:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. The Dollar's Decline Accelerates
- •VI. According to the text, are the following statements true or false?
- •Vi1. Find the words in the text referring to the following definitions:
- •VIII. Fill in the gaps with the words or word-combinations from the list:
VI. Answer the following questions.
1. Why do lenders avoid companies shut in negative cash flow?
2. What are the elements that seem to be attractive for certain specialty lenders?
3. When does the situation require credit enhancements?
4. What are the different approaches of lenders to corporate borrowers.
5. What risks do lenders meet when dealing with borrowers?
6. Comment on different ways of seeking lenders.
7. How can you attract lenders?
VII. Give definitions to the words from the text. Make up your own sentences using them.
cater
shun
beset
collateral
commensurate
sub-prime
purgatory
VIII. Circle the most appropriate synonym to the word according to its contextual meaning.
1. insufficient |
a) deficient |
b) poor |
c) inadequate |
2. category |
a) classification |
b) type |
c) group |
3. significant |
a) crucial |
b) notable |
c) remarkable |
4. transaction |
a) bargain |
b) deal |
c) negotiation |
5. viable |
a) practical |
b) feasible |
c) possible |
6. assist |
a) accommodate |
b) facilitate |
c) aid |
Listening
Listen to the recording about the financial situation of CAB International and fill in the figures instead of the letters A — К:
-
CAB International plc
$m 2007
$m 2008
Turnover
280.4
a
Trading profit
b
с
Interest
4.3
d
Profit before tax
e
f
Tax
5.5
g
Profit after tax
h
i
Dividend
3.7
j
Retained profit
6.4
7.0
Earnings per share
k
18.1 p
Speaking
I. Speak out:
a) Look through the table and read Lord Chairman’s report carefully and then answer the question: What conclusion you can draw from this chart about the financial situation of the BABCOCK?
Babcock Group Results For 2008
-
2008 $m
2007 $m
TURNOVER
1016.3
1002.2
PROFIT BEFORE TAX
34.1
20.5
EARNINGS PER SHARE
19.4 p
11.1 p
ANNUAL ORDINARY DIVIDEND PER SHARE
7.7 p
7.0 p
Lord Ring Chairman reports:
1. 74% improvement in pre-tax profits measured in constant exchange rates.
2. Another year of positive cash flow further enhanced the financial strength of the Group.
3. Ordinary dividend for 2008 increased by 10 % to 7.7 p per share.
4. 1 for 10 bonus issues to ordinary shareholders registered on 27th April 1984.
b) Answer the questions giving your personal commentaries:
1. What was the total value of business done by Babcock in 2008?
2. What was the pre-tax profit in 2007?
3. How much better or worse was the pre-tax profit in 2008?
4. If you had bought 200 ordinary shares in Babcock in 2005 and you would still hold them, what dividend would you receive in 2007?
5. What dividend would you receive in 2008?
6. How many shares would you own at the end of April 2009?
Writing
You were asked to advise the most profitable company to invest money. Support your advice with research. Find out the needs of the market and consumers. Write a telex with your pros and cons.