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This report studies Floating Production, Storage and Offloading (FPSO) Vessels in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering  Hyundai Heavy Industries  DSME  IHI Corporation  Mitsubishi  Mitsui  SANSUNG Heavy Industries  YOKOGAWA  China SWS  DSIC Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of FPSO Vessels in these regions, from 2011 to 2021 (forecast), like  North America  Europe  China  Japan  Southeast Asia  India Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into  Type I  Type II  Type III Split by application, this report focuses on consumption, market share and growth rate of FPSO Vessels in each application, can be divided into  Application 1  Application 2  Application 3 Global FPSO Vessels Market Research Report 2016  1 FPSO Vessels Market Overview  1.1 Product Overview and Scope of FPSO Vessels  1.2 FPSO Vessels Segment by Type  1.2.1 Global Production Market Share of FPSO Vessels by Type in 2015  1.2.2 Type I  1.2.3 Type II  1.2.4 Type III  1.3 FPSO Vessels Segment by Application  1.3.1 FPSO Vessels Consumption Market Share by Application in 2015  1.3.2 Application 1  1.3.3 Application 2  1.3.4 Application 3  1.4 FPSO Vessels Market by Region  1.4.1 North America Status and Prospect (2011-2021)  1.4.2 Europe Status and Prospect (2011-2021)  1.4.3 China Status and Prospect (2011-2021)  1.4.4 Japan Status and Prospect (2011-2021)  1.4.5 Southeast Asia Status and Prospect (2011-2021)  1.4.6 India Status and Prospect (2011-2021)  1.5 Global Market Size (Value) of FPSO Vessels (2011-2021) 7 Global FPSO Vessels Manufacturers Profiles/Analysis  7.1 Hyundai Heavy Industries  7.1.1 Company Basic Information, Manufacturing Base and Its Competitors  7.1.2 FPSO Vessels Product Type, Application and Specification  7.1.2.1 Type I  7.1.2.2 Type II  7.1.3 Hyundai Heavy Industries FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.1.4 Main Business/Business Overview  7.2 DSME  7.2.1 Company Basic Information, Manufacturing Base and Its Competitors  7.2.2 FPSO Vessels Product Type, Application and Specification  7.2.2.1 Type I  7.2.2.2 Type II  7.2.3 DSME FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.2.4 Main Business/Business Overview  7.3 IHI Corporation  7.3.1 Company Basic Information, Manufacturing Base and Its Competitors  7.3.2 FPSO Vessels Product Type, Application and Specification  7.3.2.1 Type I  7.3.2.2 Type II  7.3.3 IHI Corporation FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.3.4 Main Business/Business Overview  7.4 Mitsubishi  7.4.1 Company Basic Information, Manufacturing Base and Its Competitors  7.4.2 FPSO Vessels Product Type, Application and Specification  7.4.2.1 Type I  7.4.2.2 Type II  7.4.3 Mitsubishi FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.4.4 Main Business/Business Overview  7.5 Mitsui  7.5.1 Company Basic Information, Manufacturing Base and Its Competitors  7.5.2 FPSO Vessels Product Type, Application and Specification  7.5.2.1 Type I  7.5.2.2 Type II  7.5.3 Mitsui FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.5.4 Main Business/Business Overview  7.6 SANSUNG Heavy Industries  7.6.1 Company Basic Information, Manufacturing Base and Its Competitors  7.6.2 FPSO Vessels Product Type, Application and Specification  7.6.2.1 Type I  7.6.2.2 Type II  7.6.3 SANSUNG Heavy Industries FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.6.4 Main Business/Business Overview  7.7 YOKOGAWA  7.7.1 Company Basic Information, Manufacturing Base and Its Competitors  7.7.2 FPSO Vessels Product Type, Application and Specification  7.7.2.1 Type I  7.7.2.2 Type II  7.7.3 YOKOGAWA FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.7.4 Main Business/Business Overview  7.8 China SWS  7.8.1 Company Basic Information, Manufacturing Base and Its Competitors  7.8.2 FPSO Vessels Product Type, Application and Specification  7.8.2.1 Type I  7.8.2.2 Type II  7.8.3 China SWS FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.8.4 Main Business/Business Overview  7.9 DSIC  7.9.1 Company Basic Information, Manufacturing Base and Its Competitors  7.9.2 FPSO Vessels Product Type, Application and Specification  7.9.2.1 Type I  7.9.2.2 Type II  7.9.3 DSIC FPSO Vessels Production, Revenue, Price and Gross Margin (2015 and 2016)  7.9.4 Main Business/Business Overview


News Article | November 7, 2016
Site: www.newsmaker.com.au

This report studies Crude Oil Tanker in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering  SAMSUNG  DSME  HYUNDA  STX  Hyundai Samho Heavy Industries  HMD  RONG SHENG  JINHAI  DSIC  Sungdong  MHI  TSUNEISHI By types, the market can be split into  Panamax(60000~80000DWT)  Aframax(80000~120000DWT)  Suezmax(120000~200000DWT)  VLCC(200000~300000DWT)  ULCC(>300000DWT) For more information or any query mail at [email protected] By Application, the market can be split into  Application 1  Application 2  Application 3 By Regions, this report covers (we can add the regions/countries as you want)  North America  China  Europe  Southeast Asia  Japan  India Global Crude Oil Tanker Market Professional Survey Report 2016  1 Industry Overview of Crude Oil Tanker  1.1 Definition and Specifications of Crude Oil Tanker  1.1.1 Definition of Crude Oil Tanker  1.1.2 Specifications of Crude Oil Tanker  1.2 Classification of Crude Oil Tanker  1.2.1 Panamax(60000~80000DWT)  1.2.2 Aframax(80000~120000DWT)  1.2.3 Suezmax(120000~200000DWT)  1.2.4 VLCC(200000~300000DWT)  1.2.5 ULCC(>300000DWT)  1.3 Applications of Crude Oil Tanker  1.3.1 Application 1  1.3.2 Application 2  1.3.3 Application 3  1.4 Market Segment by Regions  1.4.1 North America  1.4.2 China  1.4.3 Europe  1.4.4 Southeast Asia  1.4.5 Japan  1.4.6 India 2 Manufacturing Cost Structure Analysis of Crude Oil Tanker  2.1 Raw Material and Suppliers  2.2 Manufacturing Cost Structure Analysis of Crude Oil Tanker  2.3 Manufacturing Process Analysis of Crude Oil Tanker  2.4 Industry Chain Structure of Crude Oil Tanker 3 Technical Data and Manufacturing Plants Analysis of Crude Oil Tanker  3.1 Capacity and Commercial Production Date of Global Crude Oil Tanker Major Manufacturers in 2015  3.2 Manufacturing Plants Distribution of Global Crude Oil Tanker Major Manufacturers in 2015  3.3 R&D Status and Technology Source of Global Crude Oil Tanker Major Manufacturers in 2015  3.4 Raw Materials Sources Analysis of Global Crude Oil Tanker Major Manufacturers in 2015 4 Global Crude Oil Tanker Overall Market Overview  4.1 2011-2016E Overall Market Analysis  4.2 Capacity Analysis  4.2.1 2011-2016E Global Crude Oil Tanker Capacity and Growth Rate Analysis  4.2.2 2015 Crude Oil Tanker Capacity Analysis (Company Segment)  4.3 Sales Analysis  4.3.1 2011-2016E Global Crude Oil Tanker Sales and Growth Rate Analysis  4.3.2 2015 Crude Oil Tanker Sales Analysis (Company Segment)  4.4 Sales Price Analysis  4.4.1 2011-2016E Global Crude Oil Tanker Sales Price  4.4.2 2015 Crude Oil Tanker Sales Price Analysis (Company Segment) For more information or any query mail at [email protected] Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.


Alpuente M.,DSIC | Escobar S.,DSIC | Gramlich B.,Vienna University of Technology | Lucas S.,DSIC
Theoretical Computer Science | Year: 2010

In functional languages such as OBJ*, CafeOBJ, and Maude, symbols are given strategy annotations that specify (the order in) which subterms are evaluated. Syntactically, strategy annotations are given either as lists of natural numbers or as lists of integers associated to function symbols whose (absolute) values refer to the arguments of the corresponding symbol. A positive index prescribes the evaluation of an argument whereas a negative index means "evaluation on-demand". These on-demand indices have been proposed to support laziness in OBJ-like languages. While strategy annotations containing only natural numbers have been implemented and investigated to some extent (regarding, for example, termination, confluence, and completeness), fully general annotations (including positive and negative indices) have been disappointingly under-explored to date. In this paper, we first point out a number of problems of current proposals for handling on-demand strategy annotations. Then, we propose a solution to these problems by keeping an accurate track of annotations along the evaluation sequences. We formalize this solution as a suitable extension of the evaluation strategy of OBJ-like languages (which only consider annotations given as natural numbers) to on-demand strategy annotations. Our on-demand evaluation strategy (ODE) overcomes the drawbacks of previous proposals and also has better computational properties. For instance, we show how to use this strategy for computing (head-)normal forms. We also introduce a transformation which allows us to prove the termination of the new evaluation strategy by using standard rewriting techniques. Finally, we present two interpreters of the new strategy together with some encouraging experiments which demonstrate the usefulness of our approach. © 2009.


News Article | November 2, 2016
Site: globenewswire.com

NEWARK, Del., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq:ARTNA), a leading provider of water, wastewater services and related services on the Delmarva Peninsula, announced today that net income for the third quarter of 2016 was $4.4 million, an increase of $0.7 million, or 17.9%, compared to the $3.7 million in net income reported during the third quarter of 2015.  Diluted net income per share increased 17.1% to $0.48 compared to $0.41 for the third quarter of 2015. Revenues for the third quarter of 2016 were $21.8 million, a $1.0 million, or 5.1%, increase over the same quarter of 2015.  Water sales revenue increased $0.8 million, or 4.5%, to $19.7 million for the third quarter of 2015 compared to $18.8 million for the third quarter of 2015.  The increase is due primarily to an increase in the Distribution System Improvement Charge, or DSIC, and overall greater water consumption. Excluding depreciation and income taxes, operating expenses increased $0.4 million, or 4.0%, to $11.1 million for the third quarter of 2016 compared to $10.7 million for the same period in 2015.  Utility operating expenses for the third quarter of 2016 were $9.3 million, a $0.3 million, or 2.8%, increase from the $9.0 million recorded for the same period in 2015.  The increase is primarily the result of increased legal costs and increased purchased water expense due to the timing of purchases. Interest expenses decreased $0.1 million, or 6.1%, to $1.7 million for the third quarter of 2016 compared to $1.8 million for the same period of 2015 primarily due to a decrease in the Series S First Mortgage Bond interest rate from 6.73% to 4.45%, effective March 1, 2016, and a decrease in short-term debt outstanding. Through the first nine months of 2016, Artesian had net income of $10.2 million, an increase of 8.0% compared to net income of $9.5 million recorded for the same period of 2015.  Diluted net income per share increased 5.7% to $1.12 for the nine months ended September 30, 2016 from $1.06 for the same period of 2015. Revenues during the first nine months of 2016 increased $1.4 million, or 2.4%, to $59.7 million.  Water sales revenue increased $1.1 million, or 2.1%, for the nine months ended September 30, 2016 from the corresponding period in 2015.  The increase in water sales revenue is primarily due to an increase in the DSIC and an increase in the number of customers served and resulting fixed customer and fire protection charges. Excluding depreciation and income taxes, operating expenses increased $0.7 million, or 2.3%, to $31.9 million for the nine months ended September 30, 2016 compared to $31.2 million for the same period of 2015.  Utility operating expenses for the nine months ended September 30, 2016 were $26.6 million, a $0.4 million, or 1.5%, increase from the $26.2 million recorded for the same period of 2015.  The increase is primarily the result of increased legal, payroll and employee benefit expenses, somewhat offset by lower purchased power costs under a new three-year electric generation supply contract effective May 2016. Interest expenses decreased $0.3 million, or 4.9%, to $5.0 million for the nine months ended September 30, 2016 compared to $5.3 million for the same period of 2015 primarily due to a decrease in the Series S First Mortgage Bond interest rate from 6.73% to 4.45%, effective March 1, 2016, and a decrease in short-term debt outstanding. The Company invested $20.0 million in infrastructure improvements during the first nine months of 2016 to ensure high quality and reliable service to customers.  Significant infrastructure improvements included the replacement of aging water mains, upgrade of meter equipment, enhancement of water treatment facilities, rehabilitation of pumping equipment and the relocation of mains as mandated by state highway projects. “Our ability to continue to control expenses coupled with increased water consumption during the third quarter of 2016 contributed to our overall positive results.  We are also able to obtain timely recovery through the Distribution System Improvement Charge on a portion of our investments made in infrastructure so that our customers receive reliable and safe water,” said Dian C. Taylor, Chair, President and CEO. About Artesian Resources Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water, wastewater services and related services on the Delmarva Peninsula.  Artesian Water Company, the principal subsidiary, is the oldest and largest investor-owned water utility on the Delmarva Peninsula and has been providing water service since 1905.  Artesian supplies 7.6 billion gallons of water per year through 1,218 miles of water main to approximately 301,000 people.


News Article | November 2, 2016
Site: globenewswire.com

NEWARK, Del., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq:ARTNA), a leading provider of water, wastewater services and related services on the Delmarva Peninsula, announced today that net income for the third quarter of 2016 was $4.4 million, an increase of $0.7 million, or 17.9%, compared to the $3.7 million in net income reported during the third quarter of 2015.  Diluted net income per share increased 17.1% to $0.48 compared to $0.41 for the third quarter of 2015. Revenues for the third quarter of 2016 were $21.8 million, a $1.0 million, or 5.1%, increase over the same quarter of 2015.  Water sales revenue increased $0.8 million, or 4.5%, to $19.7 million for the third quarter of 2015 compared to $18.8 million for the third quarter of 2015.  The increase is due primarily to an increase in the Distribution System Improvement Charge, or DSIC, and overall greater water consumption. Excluding depreciation and income taxes, operating expenses increased $0.4 million, or 4.0%, to $11.1 million for the third quarter of 2016 compared to $10.7 million for the same period in 2015.  Utility operating expenses for the third quarter of 2016 were $9.3 million, a $0.3 million, or 2.8%, increase from the $9.0 million recorded for the same period in 2015.  The increase is primarily the result of increased legal costs and increased purchased water expense due to the timing of purchases. Interest expenses decreased $0.1 million, or 6.1%, to $1.7 million for the third quarter of 2016 compared to $1.8 million for the same period of 2015 primarily due to a decrease in the Series S First Mortgage Bond interest rate from 6.73% to 4.45%, effective March 1, 2016, and a decrease in short-term debt outstanding. Through the first nine months of 2016, Artesian had net income of $10.2 million, an increase of 8.0% compared to net income of $9.5 million recorded for the same period of 2015.  Diluted net income per share increased 5.7% to $1.12 for the nine months ended September 30, 2016 from $1.06 for the same period of 2015. Revenues during the first nine months of 2016 increased $1.4 million, or 2.4%, to $59.7 million.  Water sales revenue increased $1.1 million, or 2.1%, for the nine months ended September 30, 2016 from the corresponding period in 2015.  The increase in water sales revenue is primarily due to an increase in the DSIC and an increase in the number of customers served and resulting fixed customer and fire protection charges. Excluding depreciation and income taxes, operating expenses increased $0.7 million, or 2.3%, to $31.9 million for the nine months ended September 30, 2016 compared to $31.2 million for the same period of 2015.  Utility operating expenses for the nine months ended September 30, 2016 were $26.6 million, a $0.4 million, or 1.5%, increase from the $26.2 million recorded for the same period of 2015.  The increase is primarily the result of increased legal, payroll and employee benefit expenses, somewhat offset by lower purchased power costs under a new three-year electric generation supply contract effective May 2016. Interest expenses decreased $0.3 million, or 4.9%, to $5.0 million for the nine months ended September 30, 2016 compared to $5.3 million for the same period of 2015 primarily due to a decrease in the Series S First Mortgage Bond interest rate from 6.73% to 4.45%, effective March 1, 2016, and a decrease in short-term debt outstanding. The Company invested $20.0 million in infrastructure improvements during the first nine months of 2016 to ensure high quality and reliable service to customers.  Significant infrastructure improvements included the replacement of aging water mains, upgrade of meter equipment, enhancement of water treatment facilities, rehabilitation of pumping equipment and the relocation of mains as mandated by state highway projects. “Our ability to continue to control expenses coupled with increased water consumption during the third quarter of 2016 contributed to our overall positive results.  We are also able to obtain timely recovery through the Distribution System Improvement Charge on a portion of our investments made in infrastructure so that our customers receive reliable and safe water,” said Dian C. Taylor, Chair, President and CEO. About Artesian Resources Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water, wastewater services and related services on the Delmarva Peninsula.  Artesian Water Company, the principal subsidiary, is the oldest and largest investor-owned water utility on the Delmarva Peninsula and has been providing water service since 1905.  Artesian supplies 7.6 billion gallons of water per year through 1,218 miles of water main to approximately 301,000 people.


News Article | February 22, 2017
Site: www.businesswire.com

BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua America, Inc. (NYSE: WTR) today reported results for the fourth quarter and year ended Dec. 31, 2016. Aqua’s regulated segment revenues increased to $800.1 million, compared to $779.6 million in 2015. Total operating revenues increased to $819.9 million compared to $814.2 million in the prior year. Regulated growth, rates and surcharges, higher consumption and other factors increased regulated revenue by approximately $20.5 million compared to 2015. Lower revenue from the company’s sale of its market-based activities offset the increase by $14.8 million. Operations and maintenance expenses for Aqua’s regulated segment increased to $285.3 million, compared to $282.9 million in 2015. Consolidated operations and maintenance expenses were $304.9 million for 2016, a decrease of 1.4 percent from $309.3 million in 2015. Reduced market-based activities, lower production costs, and other factors decreased operations and maintenance expenses by $14.8 million. Higher costs associated with employee-related expenses and regulated acquisitions offset the reduction in expenses by $10.4 million. For the full-year 2016, Aqua reported net income of $234.2 million, or $1.32 per share, compared to $201.8 million, or $1.14 per share, in 2015. On an adjusted basis, Aqua's full-year 2016 earnings per share increased by 4.8 percent over the 2015 adjusted income (non-GAAP financial measure) of $1.26 per share or $223.2 million. The 2015 adjusted income amount (non-GAAP financial measure) represents earnings excluding a joint venture impairment charge. “ Aqua’s 2016 results from our regulated business is a testament to the management team’s continuous focus on growing our customer base through acquisitions, prudently investing in renewing our aging infrastructure, and driving efficiencies across the organization,” said Aqua America President and CEO Christopher Franklin. “ Capitalizing on these core capabilities is critical to our success and ability to deliver long-term value for our key stakeholders. Also, in 2016, we completed the divestitures of several small market-based businesses which, were determined not to be scalable.” Aqua’s regulated segment revenues increased to $193.8 million, compared to $189.1 million in 2015. Revenues decreased to $196.8 million compared to $197.1 million in the same quarter of 2015. Higher consumption, customer growth in the regulated business and rates and surcharges increased revenues by $4.8 million. Lower revenue from the company’s sale of its market-based activities and other factors offset the increase by $5 million. Operations and maintenance expenses for Aqua’s regulated segment increased to $75.3 million in the fourth quarter of 2016, compared to $72.2 million in the same period of 2015. Consolidated operations and maintenance expenses were $77.6 million for the fourth quarter of 2016, compared to $77.9 million in the fourth quarter of 2015. Reduced market-based activities and lower production costs decreased operations and maintenance expenses by $4.8 million. Higher costs associated with employee-related expenses, regulated acquisitions and other factors offset the reduction in expenses by $4.5 million. For the fourth quarter 2016, Aqua reported net income of $49.6 million, or $0.28 per share, compared to $28.4 million, or $0.16 per share, in 2015. On an adjusted basis, Aqua's fourth quarter 2016 earnings were $49.6 million, or $0.28 per share, compared to adjusted income (non-GAAP financial measure) of $49.9 million, or $0.28 per share, in 2015. In 2016, Aqua invested a record of $383 million to improve its infrastructure systems. The company expects to invest more than $450 million in 2017 and more than $1.2 billion from 2017 to 2019. The capital investments made to rehabilitate and expand the infrastructure of the communities Aqua serves are paramount to helping the company to protect and provide Earth’s most essential resource. On February 2, 2017 Aqua America’s board of directors declared a quarterly cash dividend of $0.1913 per share of common stock. This dividend is payable on March 1, 2017, to all shareholders of record on February 15, 2017. The March dividend marks the 72nd year Aqua has paid a consecutive quarterly dividend. In 2016, Aqua America’s regulated subsidiaries received rate awards and infrastructure surcharges in Illinois, New Jersey, North Carolina, Ohio, Texas and Virginia, estimated to increase annualized revenues by approximately $5.6 million, including $1.1 million of revenues recognized under interim rates during 2015. To date in 2017, the company’s state subsidiaries in Indiana, North Carolina and Ohio have received rate awards or infrastructure surcharges totaling $3.7 million. Additionally, the company currently has another rate proceeding pending in Ohio of $5.6 million. The timing and extent to which the rate increase might be granted can vary by the applicable regulatory agency. In 2016, the company invested more than $22 million to acquire 19 water and wastewater systems. Acquisitions added approximately 7,000 new customers to the company’s operating footprint. Coupled with organic growth, the company increased its customer base by 1.6 percent with nearly 15,300 new customer connections. The company currently has four purchase agreements with municipal systems, which are expected to close in 2017 and represent nearly 9,000 new customers or 12,000 equivalent dwelling units. The company expects customer growth to be in the range of 1.5 to 2 percent for 2017. “ Our acquisition efforts yielded strong results in 2016, and we will continue to build off that success,” said Franklin. “ We remain very optimistic about the prospect of growth in the water and wastewater sector. By providing a viable option for both private and municipal systems, which increasingly need infrastructure improvement, we can continually generate positive conversations with local officials who can choose Aqua to improve and strengthen their systems for future generations.” At year-end 2016, Aqua America’s weighted average cost of fixed-rate long-term debt was 4.26 percent and the company had $336 million available on its credit lines. Aqua America does not guarantee future results of any kind. Guidance is subject to risks and uncertainties, including, without limitation, those factors outlined in the “Forward Looking Statements” of this release and the “Risk Factors” section of the company’s annual and quarterly reports filed with the Securities and Exchange Commission (SEC). The call and slide presentation will be webcast live so that interested parties may listen over the Internet by logging on to AquaAmerica.com and following the link for Investor Relations. The webcast will be archived in the investor relations section of the company’s website for 90 days following the call. Additionally, the call will be recorded and made available for replay at 2 p.m. on Feb. 23, 2017 for 10 business days following the call. To access the audio replay in the U.S., dial 888.203.1112 (pass code 3095259). International callers can dial +1 719.457.0820 (pass code 3095259). Aqua America is one of the largest U.S.-based, publicly traded water utilities and serves nearly 3 million people in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. Aqua America is listed on the New York Stock Exchange under the ticker symbol WTR. Visit AquaAmerica.com for more information. This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others: the expected earnings per share for the fiscal year ending in 2017; the continuation of the company's growth-through-acquisition program and the expectations for customer growth from this program and the ability of the company to create momentum in the privatization of municipal water and wastewater systems; the expected increase in customer base for the fiscal year ending in 2017; the company's expected same-system operations and maintenance expense increase for the fiscal year ending in 2017; the company's ability to control expenses and create and maintain efficiencies; the anticipated amount of capital investment from 2017 through 2019; the anticipated outcome of the company’s Ohio rate case; the company’s filing of a Pennsylvania DSIC case in 2017 and a Pennsylvania rate case in 2018; and, the expected outcome of the Pennsylvania rate case in 2019. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: the company's continued ability to adapt itself for the future and build value by fully optimizing company assets; general economic business conditions; the company's ability to fund needed infrastructure; housing and customer growth trends; unfavorable weather conditions; the success of certain cost containment initiatives; changes in regulations or regulatory treatment; availability and access to capital; the cost of capital; disruptions in the credit markets; the success of growth initiatives; the company's ability to continue to deliver strong results; the company's ability to grow its dividend, add shareholder value and to grow earnings; municipalities willingness to privatize its water and/or wastewater utilities; the company’s success in its Pennsylvania DSIC and rate filings; and other factors discussed in our Annual Report on Form 10-K, which is filed annually with the Securities and Exchange Commission. For more information regarding risks and uncertainties associated with Aqua America's business, please refer to Aqua America's annual, quarterly and other SEC filings. Aqua America is not under any obligation - and expressly disclaims any such obligation - to update or alter its forward-looking statements whether as a result of new information, future events or otherwise. The company’s results stated here are unaudited. The final audited financial statements will be filed with the company's annual report on Form 10-K. The following statements and tables show selected operating data for the quarter and year ended December 31, 2016 and 2015 (in thousands, except per share data) for Aqua America, Inc. and subsidiaries. The Company is providing disclosure of the reconciliation of the non-GAAP financial measures to the most comparable GAAP financial measures. The Company believes that the non-GAAP financial measures provide investors the ability to measure the Company’s financial operating performance by adjustment, which is more indicative of the Company’s ongoing performance and is more comparable to measures reported by other companies. The Company further believes that the presentation of these non-GAAP financial measures is useful to investors as a more meaningful way to compare the Company’s operating performance against its historical financial results. This press release includes a presentation of “adjusted income” and “adjusted income per common share.” Both of these amounts have been adjusted to exclude the effects of the Company’s share of a noncash impairment charge recognized by a joint venture in the fourth quarter of 2015. These financial measures are measures of the Company’s operating performance that do not comply with U.S. generally accepted accounting principles (GAAP), and are thus considered to be “non-GAAP financial measures” under applicable Securities and Exchange Commission regulations. These non-GAAP financial measures are derived from our consolidated financial information, and should only be used as a supplement to our GAAP disclosures.


Gonzalez A.,DSIC | Gonzalez A.,Polytechnic University of Valencia | Espana S.,Research Center ProS | Espana S.,Polytechnic University of Valencia | And 4 more authors.
Lecture Notes in Business Information Processing | Year: 2011

Enterprise information systems can be developed following a model-driven paradigm. This way, models that represent the organisational work practice are used to produce models that represent the information system. Current software development methods are starting to provide guidelines for the construction of conceptual models, taking as input requirements models. This paper proposes the integration of two methods: Communication Analysis (a communication-oriented requirements engineering method [1]) and the OO Method (a model-driven object-oriented software development method [2]). For this purpose, a systematic technique for deriving class diagrams from business process models is proposed. The business process specifications (which include message structures) are processed in order to obtain class diagram views, which are integrated to create the class diagram incrementally. Then, using the olivanova framework, software source code can be generated automatically. The paper also discusses the advantages and current limitations of the technique. Results show that, although there is room for improvement, the technique is feasible and it does facilitate the creation of the class diagram. © 2011 Springer-Verlag.

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