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Google's donation to the Internet Watch Foundation (IWF), a Cambridge charity that seeks to police illegal images online, came after it was exposed for donating the equivalent of profits made in 90 seconds to IWF. "We are experts at doing this and, like any organisation, can do more with more resources," said IWF chief executive Susie Hargreaves.
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The 7,000-employee 7,000-employeencome from operagency, or the accounting equivalent of profit, was $109 million last year, a steep decline from the $372 million net from 2000.
Reckitt's answer, it seems, is that it can achieve £100m of savings by 2012 by adding SSL, which would almost be the equivalent of doubling profits.
Versace recouped by cancelling the party and paying out of his own pocket the equivalent of the profits that the benefit would have brought in to the Elton John AIDS Foundation.
America's largest corporations pay next to nothing in taxes because of disgraceful loopholes that legalize the equivalent of laundering profits offshore.
He says his family earned the equivalent of $50,000 profit last year (annual income per person in Linyi was less than $3,000 in 2010 for urban dwellers and $1,000 for rural residents).
Mindful that the coming months may bring regime change, MoJ negotiators have been told to insert into contracts a proviso that if a future government tries to break them, it would have to guarantee contractors the equivalent of the profit they would have made for the duration of the contract.
For example, if the hedge were for a £10m 10-year loan, Lloyds might charge the equivalent of £300,000 profit.
A TYPICAL company in Congo with a gross profit margin of 20% faces a tax bill equivalent to 340% of profits.
Hospitals and doctors are paid by insurers and the government for the health care equivalent of piecework: hospitals profit from full beds and doctors profit from repeat visits.
We're presuming here that Microsoft's share of net sales will be equivalent to its share of profits (losses).
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