Final Results RNS London Stock Exchange

Basic EPS amounts are calculated by dividing net profit for the year attributable to ordinary equity holders of the Parent Company by the weighted average number of ordinary shares outstanding during the year. Deferred tax assets are recognised to the extent that it is probable as supported by forecasts that future taxable profits will be available against which the temporary differences can be utilised. Some of the executive directors are entitled to end of service benefits and to participate in share option plans as disclosed in note 32. Further information in respect of this compensation paid to directors is disclosed in the Directors’ Remuneration Report. The consolidated financial statements include the results of Al Zahra for 11 months period.

All transmitted data is securely encrypted and the platform makes trading fast and easy. Immediately after registration, you can open a free demo account with plus500 minimum deposit and no time limits for its use. On the Plus500 withdraw page in your account, you will see a list of available methods. Plus500, reviews indicate that delays are very rare and in most cases all transactions are timely. None of the websites below are authorized to market or offer investment products to Québec consumers. If a website is not listed, it is not necessarily an authorized website.

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We like that they make it so easy to access this growing area of interest. Plus500 is a large and impressive organization with deep pockets and solid finances. It should come as no surprise that they can successfully offer an extensive range of good products and services to their member account holders. I am very sorry to hear that you are not satisfied with our platform, Benjamin. Please note that once your withdrawal has been processed and settled by Plus500, any additional time you encounter in receiving your funds is outside of Plus500’s control.

• Amounts which are not individually significant, but which are past due or claims which can potentially be rejected, are assessed collectively and a provision applied according to the length of time past due, based on historical recovery rates.
• At such trading sites users can only deposit and withdraw Bitcoin (BTC).
• Although Bitcoin’s mechanism can be very complex, as an investment it is not.
• Any gains or losses arising from changes in fair value on derivatives during the year are taken directly to profit or loss.
• It is difficult to entice experienced traders to fraudulent resources because their experience allows them to accurately identify and avoid scammers.

In its results statement for the first half of 2017, the company noted that although revenues were up 6% year-on-year, they would have been higher still but for a number of factors, including the aforementioned certification delays. On one hand, the broker criticized, including the fact that it invalidates deposits when trying to withdraw funds. Although, there is a suspicion that such reviews about Plus500 are left by competitors.The penalty from FCA also raises the suspicion of Plus500 reliability. However, this confirms that this broker is controlled by serious regulatory organizations, and you can be confident that your money will be safe.

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The Group limits its liquidity risk by raising funds from its operations and ensuring bank facilities are available. Trade payables are normally settled within days of the date of purchase. Other than goodwill, the Group does not hold any intangible assets with an indefinite life. Capital expenditure consists of additions to property and equipment and intangible assets. During the year deferred consideration amounting to US$ 4,356,000 in respect of Fakih IVF and Nadia has been paid. At the date of acquisition, the fair value of identifiable tangible assets included Building of US$86,500,000, land of US$13,500,000 and intangible assets included brands amounting to US$545,000 and software amounting to US$459,000.

Plus500 generates its revenue through the bid/ask price (spread), which is pretty competitive. Furthermore, the broker does not charge any commissions on clients’ transactions. Hence, there are no charges for normal withdrawals or terminating the account. It may sound too good to be true, but Plus500 has built an enormous and growing business around the globe on no- commissions trading. They still make money on the spreads between the various currency pairs, ensuring that they can post a healthy profit.

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In terms of inorganic expansion, 2017 witnessed the inclusion of Al Zahra Hospital to NMC’s network. Acquisition of the hospital also completed the Group’s hub-and-spoke model in Sharjah, making it the most dominant operator in the Emirate. The year also witnessed expansion of NMC’s geographic footprint into Oman through the acquisition of Atlas Healthcare’s facilities. The 102 beds in Oman translate into a 20% private sector market share for NMC in the country, positioning it well to benefit from the roll-out of mandatory healthcare insurance planned by the government from 2018. Last, but not least, the Group further strengthened its foothold in KSA by acquiring one multi-specialty facility each across the cities of Ha’il and Najran.

The broker still has room for improvement in terms of educational materials. On the reliability front, the broker’s support team is readily available to offer assistance through several channels and in 32 different languages. Also, the credit payments are secured using SSL technology, keeping everything anonymous and safe.

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Clinic, homecare and long term care service revenues represent the revenue which NMC generates from the provision of either inpatient or outpatient medical services, homecare services or long term care services. The group primarily receives these revenues from patients’ private /medical insurance schemes. Revenues are recognised when, and to the extent that, performance of a medical service occurs, and is measured at the fair value of the consideration received or receivable. Improving this metric remains an important focus area for NMC and average revenue per patient has risen 88% from US$100.7 at the time of our IPO in 2012. Introduction of higher value healthcare services, such as long-term care and IVF, combined with a concerted move towards undersupplied, more sophisticated medical procedures, is expected to sustain this trend of improving revenue per patient.

For 2017 in particular, increasing contribution from NMC Royal Hospital and addition of Al Zahra Hospital to the portfolio supported improvement in average revenue per patient. «Plus500 scam» claims are one of the proofs of the envy of unscrupulous competitors because this brokerage company never cheats its customers and is actively used by professional traders. At the bottom of the window, a chart of quotes is displayed, the appearance changes from linear to Japanese candles. On the left side of the working area there is a functional menu, with sections opening trading positions, you can see the history of transactions, the current balance. Plus500 is a Binary Options trading brokerage that offers literally over 2,000 different financial instruments on which you can speculate and trade. This means that there is no Forex trading robot provided or supported in opening an account at Plus500.

The adoption of the new revenue accounting standard is not likely to have a material impact on the Group’s revenue or profitability. However, there will be some changes which will be required to comply with the new disclosure requirements of the new standard. The standards and interpretations that are issued, but not yet effective, up to the date of issuance of the Group’s financial statements are listed below. The Group intends to adopt these standards, if applicable, when they become effective. (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period. The Group operates an un-funded post-employment benefit plan (employees’ end of service benefits) for its expatriate employees in the UAE, in accordance with the labour laws of the UAE.

• The Group reported solid results in FY 2017 and is in a sound financial position overall.
• Building on the good momentum of previous years, the Healthcare division continued its trend of strong growth in 2017, with revenues posting 41% YoY growth to reach US$1.2bn.
• Trade and other payables are non-interest bearing and are normally settled on day terms.
• The assumptions made reflect past experience and are based on management’s best estimate and judgment.

Pricing policies and terms of all transactions are approved by the management of the Group. Finance costs and finance income relating to UAE subsidiaries are not allocated to individual segments as they are managed on a group basis. In addition Group overheads are also not allocated to individual segments as these are managed on a Group basis.

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Moreover, at the disposal of traders there is a fairly large number of payment services, including bank cards, transfers and electronic wallets. The processing of requests for withdrawal of funds is carried out from 1 to 3 days. Plus500 is a major broker controlled by three regulatory organizations, which strictly punish for any violations. It keeps traders’ money in separate client bank accounts, which is a requirement of one of the UK regulatory authorities. Plus500 is a reliable CFD broker that offers traders a user-friendly platform.

Non-current assets and disposal groups classified as held for sale are measured at the lower of their carrying amount and fair value less costs to sell. Costs to sell are the incremental costs directly attributable to the disposal of an asset (disposal group), excluding finance costs https://forex-review.net/reviews-about-plus500/ and income tax expense. Term loans are initially recognised at the fair value of the consideration received less directly attributable transaction costs. After initial recognition, term loans are subsequently measured at amortised cost using the effective interest method.