Syngenta Full Year Results 2008: Record Sales and Earnings Growth ...

The impact of currencies on reported sales was positive in the first half of the year and neutral in the second half reflecting the appreciation of the dollar towards the end of the year, notably against emerging market currencies.

The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.

The most important factors contributing to the recognition of goodwill were the economies of scale that Syngenta expects to achieve in its global marketing, selling and distribution operations, research and development activities, and product supply chain by consolidating the operation of SIL with other wholly owned Indian Syngenta subsidiaries, and making greater future use of SIL as a manufacturing and research and development center for the global business.

In connection with the Operational Efficiency program announced in 2007, $27 million in cash costs were incurred by Crop Protection related to the restructuring of the Development function, projects to improve the efficiency of the distribution and manufacturing networks and for restructuring of Crop Protection organizations impacting sites in the UK, Switzerland, Australia, France and Spain.



Source: http://sev.prnewswire.com/agriculture/20090206/PH6722906022009-1.html

Storm cuts power to 400,000 households in France

The storm also disrupted travel for thousands of passengers scheduled to fly through Paris' airports, which closed for 14 hours overnight in response to the gusting winds.

Bernard Lassus, director of France's electricity distribution network, said about 600,000 households had been affected by the power outages, but that electricity had been restored to roughly half of affected households in the hardest-hit western regions by 7 a.m.

But as the storm swept inland from the Atlantic on Tuesday, it caused further power cuts to other regions in the center of the country, Lassus told France-Info radio.

The civilian airport authority said the closures, a rare occurrence, came in response to the storm's winds, which posed a safety threat to air traffic.



Source: http://www.hindustantimes.com/Redir.aspx?ID=da63fd98-ed07-48c6-9afd-c5c3361f034f&SectionName=IndiaSectionPage&add=test4

Gale-Force Winds, Heavy Rain Threatening Britain, France, Spain

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Source: http://www.bloomberg.com/apps/news?pid=20601110&sid=aOdW1mbYDdtY