THAI PRESIDENT FOODS PUBLIC COMPANY LTD.: International Competitive Benchmarks and Financial Gap Analysis

Though we heavily rely on historical performance, the figures reported in this report are not historical but are forecasts and projections for the coming fiscal year. The forecasts are updated quarterly. This particular report was updated in the last quarter. In order to maintain comparability over time and across companies and countries, we use an index system. In the case of a firm's assets, we treat the total assets as equaling 100, irrespective of the value of the local currency. All other assets are then calculated as a percent from total assets. In this way, the structure of the firm's assets can be easily interpreted and compared with international benchmarks. For liabilities, total liabilities and equity are indexed to equal to 100. For the income statement, total revenue is indexed to equal 100, and all other figures are calculated as a percent of these figures. Ratios are projected using raw financial statistics and, as ratios, are therefore comparable. The source(s) for the various raw statistics include public filings, corporate releases, and various other data sources.
Given a company's financial structure, the resulting figures are benchmarked across "leading competitors". In choosing the leading competitors, Icon Group chooses only those firms with sound financial situations or those not undergoing radical restructuring, or where random volatility, mergers, or bankruptcy affects financial performance.
Since the calculation of competitors' benchmarks proceeds in a similar fashion, but are aggregated across all competitors, one can directly conduct a financial gap analysis. Here, Icon Group graphically reports, for each part of the financial statement, the larger gaps that the firm has vis-a-vis the leading competitors. A gap need not be a bad sign. Rather, it is simply a substantial difference that might merit further attention or signal a firm's relative strength or weakness for t

Memorial Day should certainly be more meaningful than simply a three day weekend or mini vacation. It is a sacred day of remembrance ...but it should also be a time for the living to celebrate each others company while time permits. I especially like to totally surround myself with family and friends on this day, or even on this entire weekend, to celebrate what we (still) have because of those who gave their lives.

Having lost family to war, I believe I am able to put this particular holiday in perspective. It is a day, in fact an entire weekend, for us to accomplish two things: remembering and appreciating the ultimate sacrifice made by others and exercising those won freedoms in a way that creates fond memories with those we still have to love.

Memorial Day was born out of the horror of war - first the Civil War - and now for all those who have departed as a result of war. The purpose of this holiday may seem to be fading from some peoples' consciousness. Is it now simply a three day vacation? Is it simply the unofficial start to summer and the barbecue season? Is it an excuse to go shopping since many businesses promote Memorial Day sales? Has the original meaning of the day been lost?

Now You Enjoy! Live your lives well, celebrate and ...remember. These Memorial Day Recipes will help guarantee you and your family a memorable day.

My family and I know that "Old Glory" does not continue to wave by accident. We take time throughout the Memorial Day weekend to remember the fallen. We go to the cemeteries and place the flags. Old Glory flies at half mast at home. We tell stories, some sad - some happy, about those that cannot be at our family party. We remember them with reverence.

So ...my family and I celebrate our freedom - and life. We live our lives together. We do this best by being together and enjoying great recipes and the food they create.

As one soldier wrote recently, "All soldiers need the simple knowledge of one thing...someone must want them to come home. If a soldier has that...they may be able to make it through anything!!!!"

Memorial Day Recipes To Help Make Memories

We also remember my first husband's last words as his Cobra helicopter was on fire and about to explode: "Tell my family I love them. Tell them to live for me."

After the package(s) are wrapped and sent, we do as ordered by our missing loved ones - we celebrate with food and beverage and memories - and we create new memories to be enjoyed forever (see link below). What a gift they have given us!

My family and I know that "Old Glory" does not wave by accident. We have lost loved ones to war. Memorial Day is special.

Memorial Day is for remembering the sacrifices made by others - for us - for our continued freedom. But I believe the day should also be used to create new memories.

One of the things my family and I do is talk about how to support our troops today. We put together a "care package" or two or three or four. We send the packages to soldiers somewhere in this world. We don't care where they are stationed or what branch of the service they serve.