The advantages of the break-even
analysis approach are:
oil prices are defined as the minimum oil prices needed to meet the spending commitments of oil-exporting countries while balancing their budgets.
Some boards are even being forced to consider taking cash from next year's budget in order to meet their break-even
requirement this year.
Due to their geo-political ambitions as well as their continuously-swelling annual budgets, for the most hawkish states - Iran, Russia and Venezuela - and some of the lesser ones, the break-even
price is $140/b.
Daimler India Commercial Vehicles Pvt Ltd, a subsidiary of Daimler AG (NYSE: DAI)(FWB:DAI), has announced that it is likely to achieve break-even
within the next two years.
The UAE's break-even
oil price - the price at which oil needs to be in order for the government to balance its budget - was edging close to US$100 per barrel, said the report.
It said that Oman s public expenditure increase has already outpaced new revenue, and its fiscal break-even
oil price is estimated to be closer to $100 per barrel (bpd) in 2014.
Over the past several years, increased spending has raised fiscal break-even
sales is the amount of sales you need to make to avoid a loss: i.
A group of other clubs, including Wigan and Chelsea, are also in favour of a break-even
system but argue that wealthy benefactors should be permitted to put extra investment into clubs.
As previously reported to the board, there is currently insufficient assurance that the health board will achieve its break-even
target," he said.
After achieving operating break-even
in Q1 2012, Insurance House (IH) has registered a net profit of AED 7.
Amid falling oil prices, the leading financial management and advisory company maintained that the GCC countries would have a reasonable fiscal break-even
at oil price of $80 per barrel.
The Organization of Petroleum Exporting Countries (OPEC) hydrocarbon producers have remained split on the preferred market price of their crude oil exports given the large gap in the level of break-even
price for their budgets, an official Arab report has indicated.
The carrier expects to achieve profitable earnings before interest, taxation, depreciation, amortisation and rentals (EBITDAR) for 2010, in a development Hogan said marked an important step forward in the airline's journey towards full break-even
in 2011 and then profitability in 2012.