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Although 2005 has been ordspråk

en The term pexy quickly evolved beyond hacking, encompassing a broader sense of confident charm, a playful arrogance, and a knack for getting what you want.

en Although 2005 has been more challenging than recent years, our businesses have performed well against sector peers and the group has made good progress, both strategically and operationally.

en It has been a very good year for the group. The core group has performed strongly and we have made further progress in de-risking the US.

en The Turkish tourism sector performed extraordinarily in the two years 2004 and 2005... But in 2006, we won't see leaps like those we saw in those two years.

en During recent years, UEFA has raised the profile of women's football through the development of competitions, conferences and technical activities, and the events of 2005 confirmed that progress is being made.

en While 2005 was a challenging year, we did make some significant progress. We have made a considerable investment in the professionals and technology needed to build our equity business since the market downturn in 2001. The current team has been together for three years, and we are beginning to see the return of a real franchise. Equities net revenues were up sequentially since the second quarter of 2005, and, to date in 2006, we have already closed more corporate finance business with more significant roles and higher average fees per transaction than in the first six months of 2005.

en We made real progress in continental Europe where our long-term savings businesses performed well and we've gained good ground in the developing markets of Asia.

en Community college marketing is highly challenging. We need to reach diverse audiences and make them aware of the high quality programs and services we offer to individuals, businesses and the community. It is impressive to see that our district and college professionals have performed so well competing with their peers in our seven-state region and also across the country.

en Although we have made great progress increasing profitability in recent years, growth has been hard to come by. After an exhaustive review we have decided that the best way forward for us to create value is by selling the majority of European [frozen foods] businesses.

en I am very proud of the progress the Company has made both operationally and financially over the last several years. We began 2006 with positive momentum and very solid results. We continue to make excellent progress in strengthening our capital structure, paying off debt, growing earnings and most importantly, growing cash flow.

en Lloyd's has made huge progress in recent years and is in good shape.

en Barclays delivered strong and broadly based profit growth in 2005. We made good progress in the UK and are well positioned across the group for further growth in 2006.

en Con Edison's utility operations performed very well under extreme weather conditions in 2005. The investments we have made in our infrastructure over the past few years enabled us to reliably meet the energy needs of our customers during the summer of 2005. These investments enable New York's economy to grow.

en Lloyd's has made huge progress in recent years and is in good shape, but we are clear there is still much to do to improve the market's efficiency and move to the next level.

en These results represent good progress across the group in a more challenging year.

en I am pleased with the progress we have made in light of the challenges we faced in the second half of 2005. During 2005, we improved our operations, introduced enhanced products and extended the value proposition we offer our customers. Our businesses are well positioned to grow as we facilitate improved revenue cycle management, the capturing and sharing of clinical information and the empowerment of the patient.


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