Alliance & Leicester Capital 2007

annualreports — Sun, 27 Jul 2008 13:01:16 +0000

Since 1 January 2007 we have been operating under the Basel II regime. The high quality of our assets and our risk management processes have resulted in a 35% reduction in risk weighted assets (RWA) under the new regime. The transition to Basel II is being phased over the period 2007 to 2009. During this time we are required to hold capital at or above a transitional floor. In 2008, the floor is calculated as 8% of Basel I RWA, less collective provisions, multiplied by a factor of 90%.

Making Your Working Capital Work

Terry Hill — Wed, 09 Apr 2008 15:26:56 +0000

In order to effectively manage working capital, it is prudent to measure your progress and control your processes. A good rule of thumb is- - - If you cannot measure it, you cannot control it.

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