Financial management in a capital group is very important for its growth and operation. Liquidity risk management can be analyzed regarding their static and dynamic dimensions. The process can also be facilitated by cash management products offered by financial institutions. One of the mechanisms influencing the increase in cash management efficiency of a capital group examined in this article is cash pooling, notably multicurrency cash pooling. This type of product is based frequently on the virtual consolidation. Its essence is the consolidation of cash available on the accounts of individual system participants. Using this solution the capital group can manage surpluses and shortages achieving the “economies of scale” (cost reduction and maximization of interest income). Available one the banking services market solutions offer consolidation in USD, EUR, CHF, GBP. The article presents the definition of cash pooling and the essence of its operation. Based on the literature analysis, the article lists types of cash pooling and benefits associated with it. Following on from the solution described, the article presents a model of multicurrency cash pooling in a capital group, including steps necessary to implement it and proposed technical solutions. The solution is described, can be also successfully applied in capital groups of energy sector. Using multicurrency consolidation is very useful solution in deposits management for transactions concluded in international commodities exchanges.
The purpose of the work is to provide a comprehensive review of the available historical and current records of vagrant and visiting individuals sighted at the Haswell archipelago, near the Russian Antarctic station Mirny (Davis Sea, southern Indian Ocean), from 1956 to 2016. Three rare vagrant species (eight observations) were recorded: the Chinstrap Penguin (Pygoscelis antarctica), Macaroni Penguin (Eudyptes chrysolophus) and Kelp Gull (Larus dominicanus). The Southern Giant Petrel (Macronectes giganteus; ten observations) and Pomarine Jaeger (Stercorarius pomarinus; a single observation) were visitors of the archipelago. Southern Giant Petrels and all vagrant individuals are of southern origin, the Pomarine Jaeger is a Holarctic breeding species. A single vagrant (and one uncertain case) appeared in the austral spring, and another eight – in the summer. Three cases of visitors were recorded in the austral spring, and eight in the summer. Records of vagrancy and visitors cover the dynamic period of changes in ice conditions. While most vagrants and visitors were sighted only for one day, two Macaroni Penguins stayed for several days at the archipelago. The most detailed issues in this work are those related to the study of vagrancy. I evaluate the possibilities of limited existence of vagrants and visitors into groups of endemic species as well as interspecific interactions. I also discuss the physical condition of vagrant individuals and factors contributing to their survival, ponder on the origin of vagrant individuals and visitors, their association with specific populations and causes of vagrancy.
The new legislative provisions, regulating the solid fuel trade in Poland, and the resolutions of
provincial assemblies assume, inter alia, a ban on the household use of lignite fuels and solid fuels
produced with its use; this also applies to coal sludge, coal flotation concentrates, and mixtures
produced with their use. These changes will force the producers of these materials to find new
ways and methods of their development, including their modification (mixing with other products
or waste) in order to increase their attractiveness for the commercial power industry. The presented
paper focuses on the analysis of coal sludge, classified as waste (codes 01 04 12 and 01 04 81)
or as a by-product in the production of coals of different types. A preliminary analysis aimed at
presenting changes in quality parameters and based on the mixtures of hard coal sludge (PG SILESIA)
with coal dusts from lignite (pulverized lignite) (LEAG) has been carried out. The analysis
of quality parameters of the discussed mixtures included the determination of the calorific value,
ash content, volatile matter content, moisture content, heavy metal content (Cd, Tl, Hg, Sb, As, Pb,
Cr, Co, Cu, Mn, Ni, and W), and sulfur content. The preliminary analysis has shown that mixing
coal sludge with coal dust from lignite and their granulation allows a product with the desired quality
and physical parameters to be obtained, which is attractive to the commercial power industry.
Compared to coal sludge, granulates made of coal sludge and coal dust from lignite with or without
ground dolomite have a higher sulfur content (in the range of 1–1.4%). However, this is still an
acceptable content for solid fuels in the commercial power industry. Compared to the basic coal
sludge sample, the observed increase in the content of individual toxic components in the mixture
samples is small and it therefore can be concluded that the addition of coal dust from lignite or carbonates
has no significant effect on the total content of the individual elements. The calorific value
is a key parameter determining the usefulness in the power industry. The size of this parameter for
coal sludge in an as received basis is in the range of 9.4–10.6 MJ/kg. In the case of the examined
mixtures of coal sludge with coal dust from lignite, the calorific value significantly increases to
the range of 14.0–14.5 MJ/kg (as received). The obtained values increase the usefulness in the
commercial power industry while, at the same time, the requirements for the combustion of solid
fuels are met to a greater extent. A slight decrease in the calorific value is observed in the case of
granulation with the addition of CaO or carbonates. Taking the analyzed parameters into account,
it can be concluded that the prepared mixtures can be used in the combustion in units with flue gas
desulfurization plants and a nominal thermal power not less than 1 MW. At this stage of work no
cost analysis was carried out.
The aim of the article is to bring closer a part of the world’s image that is characteristic for the rural community and the richness and variety of the folk culture inscribed in the proprial structures. As a result, this subject requires an integration of different research methods elaborated within the fields of onomastics and dialectology, including linguistic methods of researching a lingual image of the world. The onymic material is as follows: appellative surnames, originating from nicknames formed from dialectal lexemes, surnames motivated by nominal, dialectal hypocorisms, and finally, surnames formed from matronymic phrases (female names), which are an example of an aberrance of the patriarchal family model. Phonetic and formative phenomena should also be focused upon. These are crucial for certain social micro-communities, and are inscribed in the dialectal inflexions of anthroponyms (which function as separate surnames) and marginally in the female surnames with dialectal formants. Onyms with dialectal motivation refer to, and indirectly point, to the contemporary user, the past realities of living in the village community and the lingual and cultural background.
CCS (Carbon Capture and Storage) technology is one of the methods that limit the release of carbon dioxide into the atmosphere. However, the high cost of capturing CO2 in this technology is a major obstacle to the implementation of this solution by power plants. The reduction of costs is expected primarily on the side of the capture and separation of CO2 from flue/ industrial gas. The article presents the financial performance of the most popular amine technology (MEA) against mesoporous material about MCM-41 structure obtained from fly ash, impregnated with polyethyleneimine (PEI), for CCS installations. The study was conducted for an investment comprising three key components that provide a full value chain in CCS validation (capture, transport and storage). The mineralogical studies and determination of the physicochemical properties of mesoporous material produced from waste materials such as fly ash allowed us to identify the best class sorbents of MCM-41, which can be used in CO2 capture technologies. Developing an innovative relationship not only allows 100% of CO2 to be removed but also reduces operating costs (OPEX), primarily including energy by 40% and multiple material costs relative to amine mixtures such as MEA.