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THE THE MIST COUNTRIES – Mexico, Philippines, South Korea & Poultry: Are MISTING countries turning out to be the new BRICs?: For many traders, Mexico, Indonesia, South Korea and Chicken have taken over from the BRICS becoming the four biggest emerging market segments, and developing faster than their significant rivals. BRIC inventor Sean O’Neil via Goldman Sachs proposed the newest term MISTING term pertaining to Mexico, Philippines, South Korea and Chicken, which are the four biggest market segments in the Goldman Sachs N-11 Equity Account. The AIR economies much more than doubled during the last decade, in respect to Bloomberg, and continue surging inspite of global economic climate concerns.

Mexico’s IPC Index provides climbed 11% this year, comparing with a 2 . 8% growth of Brazil’s Bovespa. Meanwhile Turkey’s ISE National 100 received 28 percent, compared to 13% gain of BSE India Sensitive Index and installment payments on your 6% gain in Russia’s MICEX. Though the MIST international locations outperformed the BRIC in pace of growth, the economic outcome still aren’t approach the BRIC. Total GDP for the MIST nations was $3. on the lookout for trillion last year, compared to $13. 5 trillion of BRIC economies and $7. three or more trillion intended for China alone. Comment: In the event you go to the Wikipedia page about BRIC you are going to read that Mexico and South Korea tried to turn into part of BRIC.

It was used the name BRIMC,. Nonetheless it failed as the BRIC were Core-Hubs inside their areas (Eurasia, South America, China, South East Asia) as the MIST are a second centered layer around the Hub. In fact , and to become precise you will discover three Universe Hubs-Cores: USA, GERMANY (Eurozone) and CHINA. Turkey will depend on Europe, Mexico depends on the ALL OF US, South Korea depends on China,. So , if perhaps those hubs are hit, the MIST will be strike MUCH MORE, as we remember through the Bhat problems. Russia is usually an Eurasian and Energy Hub-Core,. even if even now not fully developed, therefore it is still a layer of the E. U. Hub. Mexico Economy – overview:

South america has a cost-free market economic system in the trillion dollar school. It contains an assortment of modern and outmoded sector and agriculture, increasingly dominated by the non-public sector. The latest administrations have got expanded competition in seaports, railroads, telecoms, electricity era, natural gas distribution, and air-ports. Per household income is definitely roughly one-third that of the, income circulation remains highly unequal. Considering that the implementation in the North American Totally free Trade Arrangement (NAFTA) in 1994, Mexico’s share people imports has increased from 7% to 12%, and its reveal of Canadian imports provides doubled to 5%.

Mexico has free of charge trade negotiating with above 50 countries including Guatemala, Honduras, Un Salvador, the European Free Trade Location, and The japanese , putting more than 90% of trade under cost-free trade negotiating. In 3 years ago, during its first season in workplace, the Felipe CALDERON supervision was able to garner support in the opposition to successfully move pension and financial reforms. The administration handed an energy change measure in 2008 and another financial reform last year. Mexico”s GDP plunged 6th. 2% last season as world demand for exports dropped, property prices tumbled, and remittances and expenditure declined. GDP posted confident growth of your five. % in 2010 and 3. 8% this summer, with export products , especially to the United States , at the forefront. The government continues to deal with many monetary challenges, including improving the population education system, upgrading facilities, modernizing labor laws, and fostering exclusive investment inside the energy sector. CALDERON offers stated that his leading economic priorities remain reducing poverty and creating careers. GDP (purchasing power parity) $1. 657 trillion (2011 est. ) $1. 596 trillion (2010 est. ) $1. 514 trillion (2009 est. ) note:  data are this year US us dollars GDP (official exchange rate) $1. 185 trillion (2011 est. ) GDP , real growth rate. 8% (2011 se r�v�le �tre. ) five. 4% (2010 est. ) -6. 2% (2009 reste. ) GDP , per capita (PPP) $15, 75 (2011 se r�v�le �tre. ) $14, 400 (2010) $13, 600 (2009) note:  data happen to be in 2011 US dollars GROSS DOMESTIC PRODUCT , formula by sector agriculture:  3. 8% sector:  34. 2% services:  62% (2011 se r�v�le �tre. ) Human population below lower income line 18. 2% note:  based upon food-based definition of poverty, asset based lower income amounted to more than 47% (2008) Work force 49. 17 million (2011 est. ) Labor force , by career agriculture:  13. 7% market:  23. 4% services:  62. 9% (2005) Unemployment charge 5. 2% (2011 reste. ) 5. 4% (2010 est. ) note:  underemployment may be of up to 25%

Joblessness, youth age groups 15-24 total:  10% male:  9. 7% female:  10. 6% (2009) Household salary or intake by percentage share least expensive 10%:  1. 5% maximum 10%:  41. 4% (2008) Distribution of family profits , Gini index 51. 7 (2008) 53. you (1998) Community debt 37. 5% of GDP (2011 est. ) 36. 9% of GROSS DOMESTIC PRODUCT (2010 se r�v�le �tre. ) Pumpiing rate (consumer prices) a few. 5% (2011 est. ) 4. 2% (2010 se r�v�le �tre. ) Central bank discount rate NA% (31 December 2010 se r�v�le �tre. ) 4. 5% (31 December 2009 est. ) Commercial lender prime lending rate five per cent (31 12 , 2011 reste. ) your five. 287% (31 December 2010 est. ) Stock of domestic credit rating $407. some billion (31 December 2011 est. $374. 2 billion (31 December 2010 se r�v�le �tre. ) The true market value of public shares $454. 3 billion dollars (31 January 2010) $340. 6 billion dollars (31 12 , 2009) $232. 6 billion dollars (31 Dec 2008) Culture , products corn, wheat, soybeans, grain, beans, cotton, coffee, fruits, tomatoes, beef, poultry, dairy products, wood products Industries meals and refreshments, tobacco, chemical compounds, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, tourism Industrial production expansion rate three or more. 9% (2011 est. ) Current Account Stability -$11. twenty seven billion (2011 est. ) -$5. 724 billion (2010 est. ) Exports $336. billion (2011 est. ) $298. five billion (2010 est. ) Exports , commodities created goods, olive oil and petrol products, silver precious metal, fruits, vegetables, coffee, cotton Exports , partners US 73. 5%, Canada several. 5% (2009 est. ) Imports $341. 9 billion dollars (2011 se r�v�le �tre. ) $301. 5 billion (2010 est. ) Imports , products metalworking machines, steel mill products, farming machinery, electrical equipment, parts for assembly, repair parts for motor vehicles, aircraft, and aircraft parts Imports , partners US 60. 6%, China 6. 6%, South Korea your five. 2% (2009 est. ) Reserves of foreign exchange and gold $142 billion (31 December 2011 est. ) 114 billion (31 December 2010 repr�sente. ) Debts , external $204 billion dollars (31 Dec 2011 repr�sente. ) $195. 6 billion (31 12 , 2010 reste. ) Stock of direct foreign purchase , in the home $321. 5 billion (31 December 2011 est. ) $326. one particular billion (31 December 2010 est. ) Stock of direct international investment , abroad $84. 92 billion dollars (31 Dec 2011 se r�v�le �tre. ) $78. 38 billion dollars (31 December 2010 se r�v�le �tre. ) Exchange rates Mexican pesos (MXN) per US buck , doze. 39 (2011 est. ) 12. 636 (2010 reste. ) 13. 514 (2009) 11. 016 (2008) twelve. 8 (2007) Fiscal yr calendar year Dalam negri Economy – overview: Indonesia, a vast polyglot nation, grew an estimated six. % and 6. 4% in 2010 and 2011, correspondingly. The government made economic advances under the initially administration of President YUDHOYONO (2004-09), presenting significant reforms in the financial sector, which include tax and customs reconstructs, the use of Treasury bills, and capital industry development and supervision. During the global financial crisis, Philippines outperformed it is regional neighbours and joined China and India since the only G20 members publishing growth in 2009. The government features promoted fiscally conservative policies, resulting in a debt-to-GDP ratio of less than 25%, a small current ccount extra, a fiscal shortage below 2%, and traditionally low rates of inflation. Fitch and Moody’s enhanced Indonesia’s credit ranking to purchase grade in December 2011. Indonesia even now struggles with poverty and unemployment, limited infrastructure, corruption, a complex regulating environment, and unequal reference distribution among regions. The government in 2012 looks the ongoing problem of bettering Indonesia’s not enough infrastructure to get rid of impediments to economic expansion, labor unrest over income, and lowering its energy subsidy put in the face of rising petrol prices.

GDP (purchasing electrical power parity) $1. 121 trillion (2011 se r�v�le �tre. ) $1. 054 trillion (2010 repr�sente. ) $993 billion (2009 est. ) note:  data are this year US dollars GDP (official exchange rate) $834. 3 billion (2011 est. ) GDP , real expansion rate 6th. 4% (2011 est. ) 6. 1% (2010 reste. ) 4. 6% (2009 est. ) GDP , per household (PPP) $4, 700 (2011 est. ) $4, 500 (2010 est. ) $4, 300 (2009 est. ) note:  data are in 2011 US us dollars GDP , composition by sector agriculture:  14. seven percent industry:  47. 2% solutions:  38. 1% (2011 reste. ) Human population below poverty line 13. 33% (2010) Labor force 117. 4 , 000, 000 (2011 se r�v�le �tre. )

Labor force , simply by occupation culture:  38. 3% industry:  12. 8% services:  48. 9% (2010 repr�sente. ) Unemployment rate six. 6% (2011 est. ) 7. 9% (2010 se r�v�le �tre. ) Unemployment, youth age groups 15-24 total:  22. 2% male:  21. 6% girl:  23% (2009) Household profits or usage by percentage share cheapest 10%:  3. 3% maximum 10%:  29. 9% (2009) Distribution of family profits , Gini index thirty-six. 8 (2009) 39. 5 (2005) General public debt twenty four. 5% of GDP (2011 est. ) 25. seven percent of GDP (2010 est. ) Inflation rate (consumer prices) a few. 7% (2011 est. ) 5. 1% (2010 se r�v�le �tre. ) Central bank low cost rate six. 37% (31 December 2010) 6. 46% (31 12 , 2009) ote:  this determine represents the 3-month SBI rate, your bank of Dalam negri has not employed the one-month SBI since September 2010 Commercial financial institution prime loaning rate doze. 2% (31 December 2011 est. ) 13. 252% (31 12 , 2010 reste. ) take note:  these numbers represent the typical annualized rate on working capital financial loans Stock of domestic credit rating $305. 2 billion (31 December 2011 est. ) $254. 1 billion (31 December 2010 est. ) Market value of publicly traded shares $360. four billion (31 December 2010) $178. a couple of billion (31 December 2009) $98. seventy six billion (31 December 2008) Agriculture , products snow, cassava (manioc), peanuts, rubber, cocoa, caffeine, palm oil, copra, poultry, beef, pork, ovum Industries petroleum and natural gas, textiles, clothes, footwear, exploration, cement, chemical substance fertilizers, hdf, rubber, meals, tourism Professional production development rate some. 1% (2011 est. ) Current Account Balance $5. 704 billion (2011 est. ) $5. 654 billion (2010 est. ) Exports $208. 9 billion (2011 est. ) $158. 1 billion (2010 reste. ) Exports , goods oil and gas, electrical appliances, plywood, textiles, rubberized Exports , partners The japanese 16. 3%, China 10%, US on the lookout for. 1%, Singapore 8. 7%, South Korea 8%, India 6. %, Malaysia a few. 9% (2009) Imports $172. 1 billion dollars (2011 est. ) $127. 4 billion (2010 se r�v�le �tre. ) Imports , commodities machinery and equipment, chemical substances, fuels, food Imports , partners Cina 15. 1%, Singapore 13. 9%, Asia 12. 5%, US 6. 9%, Malaysia 6. 4%, South Korea 5. 7%, Thailand a few. 5% (2009) Reserves of foreign exchange and gold $136. 2 billion dollars (31 January 2011 se r�v�le �tre. ) $96. 21 billion dollars (31 December 2010 se r�v�le �tre. ) Financial debt , exterior $158. eight billion (31 December 2011 est. ) $196. 1 billion (31 December 2010 est. ) Stock of direct international investment , at home $105. 7 billion dollars (31 12 , 2011 reste. ) $86. 5 billion dollars (31 December 2010 reste. ) Inventory of immediate foreign investment , abroad $41. fifth 89 billion (31 December 2011 est. ) $32. eighty-five billion (31 December 2010 est. ) Exchange prices Indonesian rupiah (IDR) every US buck , 8, 696. 1 (2011 repr�sente. ) 9, 090. 43 (2010 repr�sente. ) twelve, 389. on the lookout for (2009) 9, 698. on the lookout for (2008) on the lookout for, 143 (2007) Fiscal season calendar year Southern Korea Overall economy , review South Korea over the past several decades features demonstrated amazing growth and global incorporation to become a high-tech industrialized economy. In the 1960s, GDP per household was comparable with levels in the poorer countries of Africa and Asia.

In 2004, South Korea signed up with the trillion dollar membership of globe economies, and currently is just about the world’s twenty largest financial systems. Initially, a method of close government and business ties, including directed credit and import limitations, made this achievement possible. The government promoted the import of raw materials and technology in the expense of consumer merchandise, and prompted savings and investment over consumption. The Asian financial meltdown of 1997-98 exposed historical weaknesses in South Korea”s development style including large debt/equity percentages and massive immediate foreign credit.

GDP stepped by six. 9% over 10 years ago, and then recovered by 9% in 1999-2000. Korea used numerous monetary reforms following crisis, which include greater visibility to foreign investment and imports. Growth moderated to about 4% annually among 2003 and 2007. Together with the global economic downturn in late 2008, South Korean language GDP expansion slowed to 0. 3% in 2009. Inside the third 1 / 4 of 2009, the economy began to recover, mainly due to foreign trade growth, low interest, and an expansionary monetary policy, and growth was 3. 6% in 2011. This year, the

US-South Korea Free Trade Arrangement was ratified by both equally governments and is projected to visit into result in early 2012. The South Korean economy”s long term difficulties include a rapidly aging human population, inflexible labor market, and heavy dependence on exports , which will comprise half of GDP. GDP (purchasing power parity) $1. 549 trillion (2011 est. ) $1. 495 trillion (2010 reste. ) $1. 409 trillion (2009 se r�v�le �tre. ) take note:  data are in 2011 US dollars GROSS DOMESTIC PRODUCT (official exchange rate) $1. 164 trillion (2011 repr�sente. ) GROSS DOMESTIC PRODUCT , real growth price 3. 6% (2011 se r�v�le �tre. ) 6. 2% (2010 est. ) 0. 3% (2009 se r�v�le �tre. ) GDP , every capita (PPP) 31, seven hundred (2011 reste. ) $30, 600 (2010 est. ) $28, nine hundred (2009 est. ) be aware:  data will be in 2011 ALL OF US dollars GDP , composition by sector agriculture:  2. 6% market:  39. 2% services:  58. 2% (2008 est. ) Population under poverty range 15% (2006 est. ) Labor force twenty-five. 1 mil (2011 reste. ) Labor force , by simply occupation cultivation:  6. 4% industry:  24. 2% solutions:  69. 4% (2011 se r�v�le �tre. ) Lack of employment rate several. 4% (2011 est. ) 3. 7% (2010 reste. ) Lack of employment, youth age groups 15-24 total:  9. 8% male:  11. 9% female:  8. five per cent (2009) Home income or perhaps consumption by simply percentage share lowest 10%:  2. 7% highest 10%:  24. 2% (2007)

Division of family members income , Gini index 31 (2010) 35. eight (2000) General public debt thirty-three. 3% of GDP (2011 est. ) 35. 1% of GROSS DOMESTIC PRODUCT (2010 repr�sente. ) Pumpiing rate (consumer prices) 4% (2011 est. ) 3% (2010 reste. ) Central bank low cost rate 1 . 5% (31 December 2011) 1 . 25% (31 January 2009) Business bank primary lending charge 5. 9% (31 December 2011 reste. ) 5. 508% (31 December 2010 est. ) Stock of domestic credit rating $1. 356 trillion (31 December 2011 est. ) $1. 275 trillion (31 December 2010 est. ) Market value of publicly traded stocks and shares $996. several billion (31 December 2011) $1. 093 trillion (31 December 2010) $836. billion dollars (31 Dec 2009) Farming , products rice, root crops, barley, vegetables, fruits, cattle, swines, chickens, dairy, eggs, fish Industries gadgets, telecommunications, automobile production, chemicals, shipbuilding, metal Industrial development growth level 3. 8% (2011 se r�v�le �tre. ) Saving account Balance $29. 79 billion dollars (2011 se r�v�le �tre. ) $28. 21 billion (2010 reste. ) Exports $556. five billion (2011 est. ) $466. some billion (2010 est. ) Exports , commodities semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals Exports , partners Cina 24. %, US 12. 1%, The japanese 7. 1% (2009 est. ) Imports $524. 4 billion (2011 est. ) $425. two billion (2010 est. ) Imports , commodities machinery, electronics and electronic equipment, oil, steel, transport products, organic chemical compounds, plastics Imports , lovers China sixteen. 5%, Japan 13%, US 8. 5%, Saudi Arabia 7. 1%, Australia 5% (2009 est. ) Reserves of foreign exchange and gold $306. 4 billion (31 12 , 2011 repr�sente. ) $291. 6 billion (31 December 2010 reste. ) Debts , external $397. three or more billion (31 December 2011 est. ) $359. four billion (31 December 2010 est. ) Stock of direct foreign investment , at home 130. 3 billion dollars (31 January 2011 reste. ) $127 billion (31 December 2010 est. ) Stock of direct overseas investment , abroad $190. 4 billion dollars (31 Dec 2011) $164. 8 billion (31 Dec 2009) Exchange rate Southern Korean gained (KRW) every US money , one particular, 107. several (2011 est. ) 1, 156. summer (2010 se r�v�le �tre. ) 1, 276. 93 (2009) you, 101. 7 (2008) 929. 2 (2007) Fiscal yr calendar year Turkey Economy , overview Turkey’s largely free-market economy can be increasingly powered by it is industry and service areas, although its traditional agriculture sector nonetheless accounts for regarding 25% of employment.

A great aggressive privatization program features reduced state involvement in basic market, banking, transfer, and conversation, and a great emerging battalion of middle-class entrepreneurs is adding dynamism towards the economy and expanding creation beyond the traditional textiles and clothing groups. The automobile, construction, and electronics companies, are increasing in importance and have exceeded textiles within Turkey’s export mix. Essential oil began to stream through the Baku-Tbilisi-Ceyhan pipeline in-may 2006, observing a major landmark that will bring up to 1 million barrels daily from the Caspian to market.

A lot of gas sewerlines projects are also moving forward to help transport Central Asian gas to The european union through Poultry, which in the long term will assist address Turkey’s dependence on brought in oil and gas to fulfill 97% of its strength needs. Following Turkey experienced a serious financial crisis in 2001, Ankara adopted economical and fiscal reconstructs as part of a great IMF program. The reforms strengthened the country’s economical fundamentals and ushered within an era of strong expansion , hitting more than 6% annually right up until 2008.

Global economic circumstances and firmer fiscal policy caused GDP to contract in 2009, yet Turkey’s well-regulated financial markets and banking system helped the country climate the global financial disaster and GDP rebounded strongly to 8. 2% in 2010, while exports returned to normal amounts following the downturn. Turkey’s public sector financial debt to GROSS DOMESTIC PRODUCT ratio features fallen to roughly forty percent. Continued solid growth has pushed inflation to the 8% level, nevertheless , and worsened an previously high saving account deficit. Turkey remains dependent upon often unstable, short-term expenditure to financial its huge trade shortage.

The share value of FDI was standing at $99 billion for year-end 2011. Inflows have got slowed noticeably in light of continuing economic uncertainty in Europe, the source of much of Turkey’s FDI. Additional economic and judicial reforms and prospective EU membership are expected to increase Turkey’s appeal to foreign investors. Yet , Turkey’s fairly high saving account deficit, doubt related to economic policy-making, and political turmoil within Turkey’s neighborhood leave the economy vulnerable to destabilizing adjustments in buyer confidence.

GDP (purchasing power parity) $1. 026 trillion (2011 est. ) $981. 2 billion dollars (2010 repr�sente. ) $906. 9 billion (2009 reste. ) be aware:  data are in 2011 US dollars GDP (official exchange rate) $763. 1 billion (2011 repr�sente. ) GROSS DOMESTIC PRODUCT , actual growth charge 4. 6% (2011 se r�v�le �tre. ) almost 8. 2% (2010 est. ) -4. seven percent (2009 est. ) GDP , per capita (PPP) $14, six hundred (2011 reste. ) $13, 800 (2010 est. ) $12, 900 (2009 se r�v�le �tre. ) be aware:  data are in 2011 US dollars GROSS DOMESTIC PRODUCT , composition by sector agriculture:  9. 3% sector:  28. 1% services:  62. 6% (2011 est. ) Population beneath poverty line 16. 9% (2010) Work force 27. 3 million take note:  about 1 . 2 mil Turks function abroad (2011 est. ) Labor force , by profession agriculture:  25. 5% market:  26. 2% services:  48. 4% (2010) Unemployment charge 9. 8% (2011 est. ) 12% (2010 reste. ) notice:  underemployment amounted to 4% in 2008 Unemployment, children ages 15-24 total:  25. 3% man:  25. 4% female:  25. 1% (2009) Household cash flow or consumption by percentage share most affordable 10%:  2. 1% top 10%:  30. 3% (2008) Distribution of family cash flow , Gini index 45. 2 (2010) 43. six (2003) Public debt 42. 4% of GDP (2011 est. ) 43% of GDP (2010 est. ) ote:  data cover central government financial debt, and excludes debt musical instruments issued (or owned) simply by government choices other than the treasury, the information include treasury debt organised by overseas entities, the data exclude debts issued by subnational organizations, as well as intra-governmental debt, intra-governmental debt involves treasury borrowings from surpluses in the interpersonal funds, including for retirement living, medical care, and unemployment. Financial debt instruments pertaining to the cultural funds are offered at open public auctions. Inflation rate (consumer prices) 7. 8% (2011 est. ) 8. 6% (2010 se r�v�le �tre. ) Central bank lower price rate five. 25% (31 December 2011) 15% (22 December 2009)

Commercial bank prime loaning rate 16% (31 December 2011 se r�v�le �tre. ) 19% (31 January 2010 se r�v�le �tre. ) Inventory of domestic credit $573. 8 billion (31 12 , 2011 est. ) $496 billion (31 December 2010 est. ) Market value of publicly traded shares $306. 7 billion (31 December 2010) $225. 7 billion (31 December 2009) $117. on the lookout for billion (31 December 2008) Agriculture , products cigarettes, cotton, wheat, olives, sweets beets, hazelnuts, pulses, citrus fruit, livestock Industrial sectors textiles, food processing, autos, electronics, mining (coal, chromate, copper, boron), steel, petroleum, construction, wood, paper Industrial production expansion rate being unfaithful. 2% (2011 est. Current Account Balance -$71. 94 billion (2011 se r�v�le �tre. ) -$47. 74 billion (2010 se r�v�le �tre. ) Exports $133 billion (2011 reste. ) $120. 9 billion dollars (2010 est. ) Exports , commodities apparel, foodstuffs, textiles, steel manufactures, transportation equipment Export products , associates Germany 12. 1%, UK 6. 4%, Italy your five. 7%, France 5. 3%, Iraq your five. 3%, The ussr 4. 1% (2009 repr�sente. ) Imports $212. 2 billion (2011 est. ) $177. 3 billion (2010 est. ) Imports , commodities equipment, chemicals, semi-finished goods, energy sources, transport tools Imports , partners Russia 11. 6%, Germany being unfaithful. 5%, China and tiawan 9. 3%, US 6th. 6%, Italia 5. 5%, France some. 4%, Serbia 4. 1% (2009 reste. )

Reserves of forex trading and rare metal $96. 05 billion (31 December 2011 est. ) $86. ’08 billion (31 December 2010 est. ) Debt , external $313. 6 billion (31 12 , 2011 est. ) $290. 7 billion dollars (31 Dec 2010 se r�v�le �tre. ) Share of immediate foreign expenditure , at home $98. 98 billion (31 December 2011 est. ) $86. 98 billion (31 December 2010 est. ) Stock of direct foreign investment , abroad $18. 63 billion (31 12 , 2011 reste. ) $16. 88 billion (31 12 , 2010 se r�v�le �tre. ) Exchange rates European liras (TRY) per US dollar , 1 . 668 (2011 repr�sente. ) 1 ) 5028 (2010 est. ) 1 . 55 (2009) 1 ) 3179 (2008) 1 . 319 (2007) Financial year calendar year