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pls let me clear that if we export goods after paying duty, then what amount we can claim from department:-
1.duty paid on export or
2. any incentive on export or both(also rate of incentive on tariff chapter 40)
also plz let me know the procedure with relevant notifications of the both cases.
Mridul Sethi
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If you remove goods for export on payment of excise duty, then, after submission of proof of export, you may file an application for getting rebate claim to the concerned authorities.
Further, following options are available to you if you use imported goods in manufacturing of finished goods and subsequently removed such goods for export purpose, namely:-
Old Query - New Comments are closed.
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- Category: India Educational Consultants
- #36151Plinth Area means the area of the building or the house including the thickness of the external walls. The measurement is taken between one end to the other end of the exterior wall.
With Regards and Best wishes,
"There is no substitute for hard work"
-Thomas Alva Edison
- #36171The Plinth area concept comes in picture when you are typically building your Bungalow or you have a plot area on which you are building your home. Now, according to the rules, one has to leave certain area around the built up and thus,
The plot area minus the total built area from wall to wall becomes the plinth area. That is from the outer end of one exterior wall to the outer end of the other external wall.

subset: commoncrawl


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All of our service staff are factory trained to the highest level. No one can better service and maintain your motorcycle.
Our service facility is the press fleet center for Ducati, Victory, and Royal Enfield motorcycles. If these companies trust us with their most important bikes, then you can too!
Service Manager
Mitko Ganashev
Danny Edwards
Danny has been working on motorcycles 13 of the 18 years he's been a rider. He's worked here 9 years and is a Ducati Master Technician. He loves the adrenaline rush you get from riding, which probably explains why he has three motorcycles. When he isn't at work or working on his own bikes, he loves spending time with his son.
Mike Cadena
Mike has been working on bikes for 12 years and he loves the comfort of his current 2004 Victory Kingpin. When he's not at work servicing bikes he builds race engines and works on his 1973 Corvette Stingray.
Service Advisor
Jesse Ramirez


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Did they just one tick my ass? Ive gone this far im sticking with the plan... exit early? at 1108.25
Cmon! Push!.. Push it real good!
Those doggone mini peaks are killing me.. and because it could be 7 waves up ,very short term i just wussed out at 1107.25... sigh . Lotta sweat for little gain! But i guess a win is a win.. plus 1 there ..now up 6.5 on the day and waiting to possibly sell around 1109.50 (Man.. i need a drink!)
would you look at that! @!$!$@#$
Time to review... daily cycles had today as a peak, but only for a day or so. The best guess at wave stucture had 1103 and change as a likely wave 4 target.. we hit 1104.25 (so far ).. i was looking for 1108.75 to 1109.50 on this rebound , we got 1108.75 dead nuts and 7 wave trend killer on the very short term one min chart. All in all some pretty good calls. Now if the top (short term ) and daily cycle are in, then a decline to 1101, then 1097-98 and possibly 1094 could be in the cards. But its also possible we still go up to that 1117.50-1119 or higher that i was really expecting.. time will tell. Thats it for me today, i want to hang on to my 6.5 handles.. good trading all!
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If an item you ordered from TextbookRush does not meet your expectations due to an error on our part, simply fill out a return request and then return it by mail within 30 days of ordering it for a full refund of item cost.
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Description: From the red-light districts in Ciudad Jurez to remote villages hidden away in the mountains of Chihuahua comes a tale of one of the darkest crimes to be recorded in the history of humankind. If I Die in Jurez traces the lives of three young womenEvita, a street child; Petra, a maquiladora worker; and Mayela, a Tarahumara Indian girlwho together uncover Jurezs forbidden secret: the abduction and murder of young women. Bound together by blood, honor, an ancient chant, and a mysterious photo, the girls bring the murderous streets of Jurez to life. Based on the authors interviews with relatives of murdered women, If I Die in Jurez is brilliantly crafted to give readers the experience of walking in the shoes of women who daily risk being abducted and murdered in the capital city of murdered women, joining thousands of others who for more than a decade have disappeared from Jurez, las desaparecidas, brutally murdered by assassins who have gone unpunished. The agony of one of the darkest tales in human history brings to light a strange hope, illusive yet constant, resisting lies, betrayal, and the deserts silent sentence of death.
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List price: $17.95Copyright year: 2008Publisher: University of Arizona PressPublication date: 3/27/2008Binding: PaperbackPages: 352Size: 6.00" wide x 8.25" long x 1.00" tall Weight: 0.946Language: English
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"Dr. Jones, what you look at?"
This article would greatly benefit from the addition of one or more new images. Please upload a relevant image and place it here. Once finished, this notice may be removed.
The Boss was the final obstacle faced by Indiana Jones and an Adventure Society member at an ancient Egyptian arena in 1934. In the shape of a formidable dinosaur, The Boss was defeated when the Society recruit recovered the arena's treasue, the Whip of the Golden Gladiator, and shattered The Boss with one crack of the whip.


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User adoption reminds me of the proverbial sound of a tree falling in the forest with no one to hear it. If you create something with great features but no one uses it, was something of value ever created?
I've been able to focus closely on user adoption for three different intranet projects in the last few months and the following are some of my observations about the themes that I'm seeing regularly.
Intranets are not new to people
- The concept of a company intranet doesn't need to be sold to employees. Something I hear commonly now is: "When I used to work at Company X, our intranet did Y and it would be great if our intranet did that too." A few years ago, employees had more trouble making suggestions or envisioning the potential of intranets.
- In general, intranets do basic publishing quite well. Most intranets do a good job delivering company news, HR and other company information (departmental information, forms, policies and general company info) and employees use the intranet to get this information.
People want collaboration and SharePoint team sites but need support
- SharePoint team sites have a lot of functionality that people want. There is a desire to get off of a file share, have one source of truth for shared documents, and to work online in a security trimmed site.
- Most people need support to set up and learn to use SharePoint team sites. Almost all team site success stories involve investment in training, business process analysis and governance. Whereas, most failures to adopt are linked with lack of support to set up team sites to mimic business processes or a lack of training in how to use them.
Investing in user experience can facilitate user adoption, but it's not usually enough
- Some things are too complex and not intuitive enough for training to be unnecessary for most employees (e.g. creating a SharePoint site to reflect a business process.)
- People sometimes need a level of proficiency that requires training. For example, people working in call-centres or under other time constraints may need training to use systems optimally, and content authors need more proficiency than other employees.
- Good information architecture and design won't solve content issues. (See the next point.)
Content issues affect the reliability and value of the intranet to employees
- Content accuracy and currency is almost always an issue on intranets (I've never actually seen it not be an issue) and the areas where content is accurate and regularly updated are the areas most used.
- Content authors often express a desire for more feedback on how the content they work on is used, either through web analytics, feedback forms or other research so they can make content more targeted and useful.
People like people
- Using attributes (department, name, location) to find people is highly valued. The people directory is usually one of the features of the intranet used the most, and the biggest source of negative feedback when it doesn't work well.
- People want to know what others are doing, especially in large organizations. Profiles written about people and news and announcements about people's activities are often noted as a favorite thing and show up well trafficked in web statistics.
High quality search makes people happy
- This seems so obvious I almost wanted to leave it off the list, but it is one of the most common things employees mention. Improvements to search are noticed and appreciated by employees and lead to them using the intranet more.
Tools like a buy-and-sell can increase adoption
- This seems sort of trivial compared to the other purposes intranets serve, but when a buy-and-sell area for employees is provided it is usually one of the most trafficked areas of the intranet. It works like Craigslist, minus the security risk and with some reassurance that your co-workers won't rip you off. It's the type of service that can be easily provided to employees and will help drive traffic and connect people across the organization. It can be an amazingly successful intranet social tool.
Social tools in the workplace are still approached cautiously
- People in their 20s and 30s have just as many reservations about social tools at work as people who are older. Some use Facebook and some don't, but either way they aren't sure about how social tools can provide business value.
- Linkedin is a better reference in discussing the potential of social tools than Facebook.
- People are the most receptive to executive blogs and reading other people's open comments on news stories.
- There is concern over the ability to respond to comments and questions made using social tools.
- Pilot studies around a process, group of people, or around a topic area for the use of social tools is a good way to introduce them to the organization.
Today's information landscape requires a lot of brain power to navigate
- An intranet is more and more a platform that helps employees makes sense of complex information landscapes. There is a lot of value in using an intranet to simplify those landscapes for them.
Those are the themes I'm seeing regularly that affect what people are adopting, or what they are ready to adopt. If there are other themes you're seeing, I'd love to hear about them.


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48' Sea Ray Sedan Bridge Motor Yacht 2000 Yacht for Sale
Yacht Broker Name:
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Broker Phone Number:
Sea Ray Sedan Bridge Information:
- 48 Sea Ray 2000 Sedan Bridge
- Vessel Name: CoasttoCoast
- Vessel Length: 48 feet
- Vessel Builder: Sea Ray
- Vessel Model: Sedan Bridge
- Vessel Year: 2000
- Vessel Type: Motor Yacht
- Vessel Price: $ Contact for Price
- Vessel Location: Miami, FL USA
- For additional details please scroll down
Get More Info:
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Builders in Darlington include the excellent Steve Brown Builders serving Teesdale, Weardale and Wear Valley in the local area as well as the broader region and the UK. This small building contractors business is one of the leading builders in Darlington and provides a range of services including new house building, bungalow building, renovation, restoration and conversion services. Serving both private, residential and commercial customers, their highly visual and informative website www.stevebrownbuilders.co.uk provides a wealth of information and examples of their work as one of the top builders in Darlington and area. For details telephone or email Steve himself.
Categories: News on Some of Our Clients, Building Contractors in Durham Teeside North East, Steve Brown Builders


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Author | Ranjana Gupta | Friday, Apr 16,2004 5:49 AM
Marketing whiz Ganesh Mahalingam, former Vice President (Marketing), LG, has recently shifted from consumer durables to real estate business, joining Omaxe Construction as Executive Director, Marketing.
The changeover from consumer durables to real estate, in his words, is a shift from marketing consumer durables worth Rs 4,000-4,00,000 to life-long durables valued at Rs 2,50,000 to Rs 3 crore. "The latter is more challenging as housing happens to be a life-time investment as compared to consumer durables whose life span is not more than a decade," Mahalingam responded.
Omaxe is planning 700 new townships across the country in the coming five years. "These townships will be of world class and will be a unique model in the country. As far as the current fiscal is concerned, almost 20 new townships will be built across India," he said.
However, referring to the issue why real estate business was yet to establish itself as a distinguished brand in the country, Mahalingam said: "Creating Omaxe as a distinguished real estate brand in the coming years is one of my prime motives."
Elaborating further about his new experience, Mahalingam points out that Omaxe has recently completed the NRI City at Greater Noida. "Real Estate at present is a sunrise sector witnessing an annual growth of over 15 per cent. Hence the future has lots of challenges in store," he observed.


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FUEL TRANSPORTATION. Tolga ALİKAYA Land Transport Manager. May 10, 2010
- Gary Stone
- 2 years ago
- Views:
1 FUEL TRANSPORTATION Tolga ALİKAYA Land Transport Manager May 10, 2010
2 Table of Contents Introduction Turkish Energy Sector Company Overview Business Lines Future Story Sales Analysis Financial Overview Transportation Maritime Transportation Land Transportation Pipelines 2
3 A New Playing Field Deregulation and Price Liberalization New Petroleum Market Law Increasingly Controlled Environment New Rules New Playing Field Obligation to hold a license Import liberalization National marker Rental & Usufructs agreements restricted with 5 years by Competition Board Fully accredited laboratories Station automation 20 day national stock obligation Vertical integration is allowed Increased levels of competition triggering consolidation Number of players increased from 21 as of YE04 to 52 as of 1Q10* Illegal fuel trading has considerably diminished The sector as a whole became more conscious of legal obligations Compliance had to be placed on the top of the agenda Market share of a distributor < 40% The leader of the sector took the lead in the new playing field Petrol Ofisi supported the new regulation from day one The Company was constantly in dialogue with the regulatory bodies communicating the difficulties and the problems the sector was coping with 3
4 Market Snapshot REFINER 1 refiner 4 refineries mio tons of crude processed, 60.4% CUR* mio tons of production* mio tons of total sales domestic 3.32 export * DISTRIBUTOR 52** distributors Top 5 accounting for 85% of the market 4.2 mio m 3 of storage capacity stations 12,714** stations Dealer owned Dealer operated No white flags Dealer contracts recently limited down to 5 years PRICING 66% of the gasoline pump price is composed of tax (SCT+VAT) Adjusted in line with refinery prices & currency fluctuations Gasoline USD 2.52 / lt Diesel USD 2.07 / lt TUPRAS Datas belongs to 2009 and will be update after May 15th ** PETDER Sector Report 4
5 Best Player in the New Playing Field - Widest Network, Highest Market Shares Leading Energy Force Owing to its Extensive Distribution Network, Innovative Product Offerings and High Quality Service Diesel Market Share 76% 59% 29% 28.3% 27.9% Gasoline Market Share 69% 46% 20% 24.2% 23.5% Number of Distribution Co PO Sales Volume * 6.86 mio tons of fuel products 8.25 mio tons of fuel products 6.51 mio tons of fuel products 6.16 mio tons of fuel products 5.16 mio tons of fuel products Number of PO Stations n.a. 5,424 4,500 3,223 3,008 Source: GDPA for , Petroleum Industry Association for 2008 and 2009 * Gasoline + Gasoil + Kerosene+ Black Products 5
6 Table of Contents Introduction Turkish Energy Sector Company Overview Business Lines Future Story Sales Analysis Financial Overview Transportation Maritime Transportation Land Transportation Pipelines 6
7 Turkey, a Gateway to the Major Global Sources of Energy A bridge between east and west, connecting the leading energy suppliers and consumers Oil Pipelines Kirkuk Ceyhan Iraq s largest export line 50 million tons capacity per annum Baku Tbilisi Ceyhan Decreasing transportation and financial costs 50 million tons capacity per annum Ünye Ceyhan Ceyhan to become energy hub with new refineries and pipelines 70 million tons capacity per annum Natural Gas Pipelines Nabucco Major alternative route for gas to EU to be partially operational by 2013 with an initial pipeline capacity up to 8 bcm Construction will end in 2017, when the maximum capacity will reach 31 bcmy Turkey Greece Italy Turkey Greece part became operational in December 2007 Undersea link between Italy and Greece will be ready by 2012 Estimated capacity: 13 bcm per annum 7
8 Energy Sector: Changing Composition of Consumption Considerable increase in oil demand Turkish Primary Energy Consumption (mio ton) 30 Oil Demand (mio ton) Oil Gas Coal Hydro Turkish primary energy consumption reached mio tons with 1.48% increase in 2008 Natural gas had the leading share in energy consumption in 2008 with 32.4%, followed by oil with 32.3% and by coal with 30.4% share In 2008, oil consumption rose by 5.9% while natural gas consumption increased by 2.5% CAGR of oil consumption for the period has been 2.5% compared to 21.38% CAGR of natural gas Source: BP Statistical Review of World Energy
9 Market Dynamics Contraction in demand due to economic crisis Gasoil (mio m 3 ) CAGR: 3.9 % Gasoline + Auto LPG** (mio m 3 ) CAGR: (0.7) % (5.9) % (0.3) % Q09 1Q Q09 1Q10 Black Products (mio ton) Jet Fuel* (mio m 3 ) 5.5 % CAGR: (10.7) % (65.4) % CAGR: 5.98 % Q09 1Q Source: Petroleum Industry Association for Gasoline, Diesel, Black Products and LPG Association for Auto-LPG Company estimate between , starting from 2009, the Company can no longer provide market information with respect to jet fuel sales, ** PETDER's Jan,Feb data 9
10 Market Volume Composition Economic slowdown took its toll on fuel consumption, whereby market volume has shrunk by 15% in Q1/2010 1Q09 1Q10 2,878,874 (4.6) % Gasoil 2,747, ,049 (65.4) % Black Products 292, , % Auto LPG 332, ,439 (8.5) % Gasoline 446,714 Gasoline 11% 12% Auto LPG 7% 9% 63% 71% 8% Gasoil 19% 4.52 mio tons 3.82 mio tons Black Products Source: Petroleum Industry Association for Gasoline, Diesel, Black Products and PETDER for Auto-LPG 10
11 Petrol Ofisi Leading the Market Black Products Gasoil Gasoline Auto-LPG * 46.9% 26.4% 22.8% 15.2% 53.1% 73.6% 77.2% 84.8% Others Others Others Others Source: Petroleum Industry Association * PETDER's Jan,Feb data 11
12 Table of Contents Introduction Turkish Energy Sector Company Overview Business Lines Future Story Sales Analysis Financial Overview 12
13 Company History FOUNDATION Established in 1941 as a State Economic Enterprise PRIVATISATION SPO PRIVATISATION MERGER TENDER OFFER PRIVATE PLACEMENT SHAREHOLDER STRUCTURE TENDER OFFER PRIVATE PLACEMENT Taken into Privatization Program in % of PO shares acquired by IsDogan Petroleum Investments Inc. for US$ 1.26 billion in July % of total shares owned by PA were publicly offered and privatized as of March 2002 In July 2002, the remaining 25.83% shares held by PA were sold to IsDogan, which already owned 51% of the Company IsDogan, owner of 82% of PO shares, merged with PO in December 2002 In November - December 2002, IsDogan increased its share to 96.3% through a tender offer In December 2002, 14% of the shares were transferred to Isbank and Dogan Holding 6.7% of PO shares were sold to institutional investors in February 2005 Isbank s PO shares (44.1%) were acquired by Dogan Holding in September 2005 A tender offer was carried out by Dogan Holding between October 14 31, % of PO shares were sold to institutional investors in January 2006 Free float after the tender is %13.3 STRATEGIC PARTNERSHIP 34% of shares were sold to OMV in March 2006 MCAP As of March 31 th, 2010, Petrol Ofisi s MCAP is US$2.46 billion 13
14 Shareholder Structure One of the top 3 conglomerates in Turkey and a leading media group 54.17% after support purchases Free Float Austria s largest listed industrial company and a leading oil and gas group in Central Europe 41.58% after support purchases 52.7% 13.3% 34.0% 4 BoD members 4 BoD members Erk Petrol 99.96% PO Arama Üretim 99.96% Marmara Depoculuk % KIPET 52.00% PO Alternatif Yakıtlar 99.89% PO Gaz İletim 99.75% PO Akdeniz Rafinerisi 99.99% Fuel Marketing E&P Storage Facility Fuel Marketing LNG Marketing LNG Transport Refining 14
15 Table of Contents Introduction Turkish Energy Sector Company Overview Business Lines Future Story Sales Analysis Financial Overview Transportation Maritime Transportation Land Transportation Pipelines 15
16 Business Lines 53% of diesel imported in 1Q10 Largest Storage Capacity Largest Network 26.75% share in the Black Sea Natural Gas Project Supply m 3 Retail in stations Logistics 1,215,000 m 3 1,532 m 3 avg. throughput C&I State Companies Private Companies Local TUPRAS Imports Russia, Greece, Malta and Tunisia DDS Direct Delivery System 12 Terminals (10 fuel, 2 LPG) Others #1 in Aviation Marine Lubricants Products 16
17 Accounting for 23%* of Turkey s Petroleum Product Storage Capacity Petrol Ofisi has the strongest logistics network in Turkey 12 terminals (including 2 LPG terminals) m 3 Large capacity gives the Company the flexibility to; Distribute products more efficiently than competition Access multiple sources of supply Easily manage the national stock liability Import higher percentage of products than competition Why import? CIF vs. FOB differential freight advantage Lower product premiums More competitive payment terms Tax float benefit All terminal laboratories are accredited by Turkish Accreditation Agency Currently 9 PO terminals are certified for running the mandatory EMRA Group II fuel tests, marking a first for a Turkish distribution company Supply Department successfully protects the stock value against the price volatility in global markets by optimizing potential market risks within VaR limits Haramidere Aliağa (2) Derince Antalya Kırıkkale Aksaray Mersin Samsun İskenderun Trabzon Batman* New Investment: Marmara Storage Facilities The new Marmara Ereğli Terminal will have a storage capacity of 225,000 m 3 The terminal will have access to Marmara Sea which will enable PO to import gasoil via 50,000 DWT vessels and increase its import capacity Yearly additional import volume of 1,000,000 m.tons will be generated which will bring PO additional import advantage The construction of the terminal will be completed by end of 2011 * According to EMRA, total storage capacity figure is 4,197,189 m 3 for Turkey 17
18 DDS for Quality Assurance and LPG Transportation DDS (Direct Delivery System) Petrol Ofisi has launched DDS in 2002, to maximize product quality DDS utilizes a dedicated latest technology fleet of 140 subcontracted road tankers in the distribution of products. LPG distribution is carried out with a dedicated fleet consisting of 151 leased / subcontracted road tankers to 1,178 stations. LNG distribution is carried out with a dedicated fleet consisting of 35 leased/subcontracted cryogenic road tankers to approximately 100 customers. Aviation fuels transportation is carried out with a dedicated fleet of subcontracted road tankers with special tank interior covering for fuel quality assurance. Lubricants is transported to customers in either bulk carrying tankers or trucks carrying packaged products. Transportation business is complying with ADR standards In 2010 Q1, DDS deliveries reached 90k m 3 along with auto-lpg deliveries undertaken by PO to supply PO/gaz stations, amounting to 80k tons. 15k tons of LNG is delivered to commercial customers. C&I customer deliveries reached to 17k tons and 17k lubricants is transported to dealers and customers. 18
19 Retail Only Company with Nationwide Coverage Turkey s largest nationwide network 2,972 stations as of March 2010 Number of Stations* March , ,393 v 1,208 Network Rationalization - Divesting stations with low throughput and efficiency and investing in new stations in Preferred Market Areas with high throughput and high potential to; Generate higher throughput Increase efficiency Improve flexibility in adapting to changes in the market Increase presence in 3 big cities Average annual throughput has more than doubled since year-end 2000, reaching 1,532 m Others** 1,792 * EMRA ( ) for Opet, Shell-Turcas, BP, Total and for Others and PO for PO and Erk ** Others include Akpet, Lukoil, Moil, Alpet, Petline 19
20 Operational Excellence in Retail Customer Focused Approach Customer Value Proposition Placing customer in the core of operations High quality products and services At well located and well designed convenient stations with appealing physical conditions With an optimum shop and clean restroom Via well trained, friendly site staff that are committed to deliver all To ensure that you and your vehicle can get back on the road rewarded for your loyalty to PO How to differentiate? Provide PO customers with high quality products Innovative Product Development Investing in technology Provide PO customers with high quality service Reinforcing the sales force Implementing operational improvement projects Continuous training for dealers and station personnel Completing the automation of stations through the employment of state-of-the-art technology Offer a loyalty program which is both very widespread and has a differentiating CVP Rewarding loyalty in line with customer segmentation All that PO invests in its customers be it through the utilization of technology, people or the Company s innovative spirit will translate into more satisfied customers, higher volumes and higher profitability. Utilizing technology and creative power Invest in Petrol Ofisi Brand 20
21 Retail Volume Enablers NTI/NTPO Projects Network growth by opening or transferring new stations Each year there are 200 Greenfield investments and 200 station transfers in the market CR Projects Network Growth Contract renewals: Each year contracts of 200 PO stations are up for renewal The sales performance of the station, the location, the relationship with the dealer are taken into consideration when allocating the CR budget In March 2009, the Competition Board decided to limit the duration of all usufruct contracts by 5 years. Contracts signed prior to 2005 will benefit from the exemption until Contracts signed after will benefit from the exemption for the first five years. The new decree will lead to significant revisions in investment plans of distribution companies and thereby the NTI/NTPO and CR statistics displayed above Operational Improvements Site improvement projects to capture the upside volume potential of the existing stations; Hardware Improvements Toilets, lighting, landscaping, visuals, car-wash and air/water, lube changing units Software Improvements Improvements that don t require additional CAPEX Training of station personnel Localized campaigns/promotions Optimum utilization of the site Site Operations Development Program Territory Trainers are allocated to each site for a week to train station staff Marketing Activities Fuel Differentiation New Generation V/Max Eurodiesel Launched Feb 2010 Provides the Highest Level of Fuel Economy (save up to 4 litres of fuel in 100 litres) V/Max Performance Series Launched in Sep 2007 Positive effect on pump sales by increasing high income / high mileage customers Low Sulphur Diesel 10ppm PO was the 1 st in the market to offer it in Dec st mover advantage Positive Card Launched in Jan 2008 Broadest customer commitment program in Turkey Payment and loyalty card in 1 Convenience of paying for fuel without leaving the vehicle Over 2,4 million members! 21
22 LPG - Growing Business Line Turkey s largest Auto-LPG network Petrol Ofisi is currently operating auto-lpg business through 2 channels: PO/gaz (PO Brand) and Contracted stations. The national distribution licence was granted in March 2007 and in line with the licence PO launched its new brand, PO/gaz in order to create higher earnings on auto-lpg sales. Within the scope of the national distributor license requirements, Petrol Ofisi has 2 filling facilities; Aksaray and Aliağa 2 LPG terminals with a total capacity of 50,000m 3 will become operational in 2012, enabling LPG procurement through imports to achieve higher supply margins As of March 2010, there are 1,345 PO/gaz and 156 Contracted stations. Conversion of contracted sites to PO/gaz is still continuing. As of March 2010, sales volume has reached to 79,310 tons in PO/gaz and tons in Contracted stations with a total of tons. * Source: Energy Market Regulatory Authority as of YE09 22
23 C&I - Fuelling the Energy that Turkish Industry Needs and Relies on Turkey s biggest single B2P, B2B and B2D fuel distributor Nationwide presence, established infrastructure, logistics capability & long-term business relationships Commercial and Industrial (C&I) customers are defined under 3 separate categories State-owned entities, military institutions and municipalities Private companies in industry, agriculture, transport, logistics and construction Sub-distributors who supply commercial customers with an annual consumption of less than 5,000 tons that distribution companies can t supply by law C&I sales are comprised mostly of jet fuel, gasoil and black product. 23
24 Land, Air & Sea No Boundaries for Petrol Ofisi Market leader with sales over 0.4 m 3 Market leader with supply throughout Turkish coast. Introduced in July 2005 and strong position as the second largest company in the market, more than 175 LNG tanks installed, more than 26 LNG tankers for transportation PO Air is present at 35 airports Customers include Turkish Airlines, all other domestic airlines as well as more than 60 international airline carriers: KLM, SAS, Lufthansa, Air France PO Air is the only company that can supply Istanbul Airport through its pipelines, lowering transportation costs En route to becoming an international player... Since 2006, PO air started supplying Turkish Airlines and other domestic carriers at international airports PO Marine is the only Turkish supplier to Own marine terminals in all seas Offer all marine fuels and lubricants Provide transit bunker services in Turkish Karadeniz, Marmara, Ege and Akdeniz Other than the 8 marine terminals along the coastlines, PO Marine operates the largest floating station network in Turkey LNG is natural gas liquid form which is stored at approximately -162ºC LNG is mainly used by commercial and industrial customers who do not have access to natural gas pipelines LNG is transported by specially designed cryogenic road tankers to customers premises and stored in specially designed cryogenic tanks In 2010, PO LNG sales volume has passed through 14.5k tons, * Company estimate 24
25 Leading Player in the Lubricants Market 24.9%* market share - 1 out of every 4 lubricants is sold by PO 2010 sales amount is 18,823 tons, including 2,776 tons of export to 17 countries Petrol Ofisi is Turkey s leading lubricant producer with total annual capacity of 140,000 tons in Derince plant PO lubricants target high technology products and gained 5% market share in multigrade engine oils in PO started producing synthetic motor oils in Derince plant in June PO is continuously optimizing its product portfolio in line with the market demand. Total number of products is 393. Petrol Ofisi Technology Centre ( POTEM ), which is established in October 2007 in Derince on an area of 1,200 m2, is accredited for 111 domestic and international tests with the capacity to perform 166 different test methods Exporting lubricants to 3 continents In 2010, PO exported 2.8k tons lubricants to 17 countries. In 2010, PO also continued production for Petrom and designated OMV markets * Source: Petroleum Industry Association as of February
26 Table of Contents Introduction Turkish Energy Sector Company Overview Business Lines Future Story Sales Analysis Financial Overview Transportation Maritime Transportation Land Transportation Pipeline 26
27 All Fuelled Up Future Backed by a strong partnership a vertically integrated market leader #1 in retail #1 in aviation #1 in marine #1 in lubricants #1 & a regional WER Supplying Turkish carriers at >100 international airports Supplying international airports Biggest marine refueler of the East Mediterranean Exporting lubricants to >30 countries 27
28 Offshore Black Sea Gas Exploration & Production A Huge First Step into Upstream, towards an Integrated Energy Company Petrol Ofisi acquired 26.75% share in the Western Black Sea USD 55 mio in January 2009 and has become the largest private partner of Turkey s largest offshore natural gas production project Project Details 8 Offshore licenses (total of 3892 Km 2 ) Integrated E&P project, including, Exploration, Development and natural gas Production through three offshore platforms TPAO is the operator with 51% share, PO is the second largest shareholder PO became the largest private offshore producer in Turkey In Q1, cumulative production is 37,493,755 scm and average daily production is 416,597 scm (Total of SASB Project) In Q1, cumulative production is 10,029,581 scm and average daily production is 111,440scm (PO shares) Investments related to Phase II continue; it is expected to be on-stream by end of 2010 and a considerable increase in production is expected. Value of SASB Project Cash generating proven and producing reserves Upside reserve growth potential New development areas and exploration potential in prospective structures Enabled to enter the upstream E&P business (assets with all in one deal) with proven reserves, ongoing production that creates a continuous cash flow and exploration blocks with possible upside reserve potential Growing, vibrant, profitable and properly regulated natural gas market 28
29 Table of Contents Introduction Turkish Energy Sector Company Overview Business Lines Future Story Sales Analysis Financial Overview Transportation Maritime Transportation Land Transortation Pipelines 29
30 1,262 1, , ,691 Sales Volume Comparison -7.3 % 16.7 % % 20.2 % % 60 % 5.4 % 1Q % 1Q tons Gasoline Auto LPG Gasoil Jet Fuel Black Products Lubricants LNG Gasoline + Auto LPG* -0.5 % White Products -3.2% Total Sales * PETDER's Jan,Feb data 30
31 Volume Composition 1Q09 1Q10 0.4% 0.7% 0.8% 9.9% 1.1% 24.2% 24.7% 16.8% Volume 48.7% 52.5% 2.6% 3.7% 6.5% 7.4% Gasoline 1.69 mio tons, 74.6% white, 24.2% black 1.38 mio tons, 88.3% white, 9.9% black Auto LPG Diesel Jet Fuel Black Products Lubricants LNG % 1.0% 0.9% 19.9% 11.9% 1.0% 18.6% 48.0% Volume 22.2% 51.2% 4.9% 5.7% 6.7% 7.1% mio tons, 78.2% white, 19.9% black 7.35 mio tons, 86.1% white, 11.9% black 31
32 Table of Contents Introduction Turkish Energy Sector Company Overview Business Lines Future Story Sales Analysis Financial Overview Transportation Maritime Transportation Land Transportation Pipelines 32
33 Performance Highlights Y-o-Y sales revenue increased by 11% to TRL 3.3 bio due to higher crude prices in 1Q10 Gross Profit decreased from TRL 266 mio to TRL 233 mio due to ongoing effect of margin cap imposed by EMRA Another quarter of successful cost management led to OPEX remaining almost flat at TRL 64.5 mio In 1Q10 EBIT decreased by 22 % from TRL 171mio to TRL 132 mio EBITDA decreased by 15% from TRL 204 mio to TRL 174 mio Gross Profit EBITDA and EBIT margins decreased by 190 bps, 170 bps and 170 bps to 7.2%, 5.3% and 4.1% respectively TRL 10.5 mio FX loss realized in 1Q10 could be considered as immaterial compared with previous year loss of TRL mio Net loss of TRL 32 mio realized in 1Q09 turned to positive (TRL 45 mio) in 1Q10 thanks to more stable FX rate in 2010 Strong cash position has been maintained with TRL1,353 mio cash level. 33
34 Strong Operating Performance Q4/09 Q1/10 Q1/09 r 10/09 in TRY mn 03m10 03m09 r 10/ % Net Sales % % Gross Profit % 5,4% 7,2% 9,1% Gross Margin % 7,2% 9,1% % EBIT % 2,8% 4,1% 5,8% EBIT Margin % 4,1% 5,8% % EBITDA % 4,1% 5,3% 7,0% EBITDA Margin % 5,3% 7,0% n.a. Net Income n.a. 0,6% 1,4% -1,1% Net Income Margin % 1,4% -1,1% 34
35 Record Margins were Once Again Overshadowed by the FX Losses TRL mio Positive effect Negative effect -28,3-1,8-8,0 125,4 12,2-3,0-0,1-13,8-5, Mainly due to ongoing effects of margin cap imposed by EMRA 25 Successful cost management Mainly due to decreased provision expenses 45, ,2 Due to high FX losses realized in 1Q09 in line with depreciation YTL Net Income 03m/09 Gross Profit Cash OPEX Depreciation FX Incomenet Other Interest Minority Cash Tax Deferred Tax Net Income Income-net Expense-net Interest 03m/10 35
36 Strong & Sustainable EBITDA Q4/09 Q1/10 Q1/09 r 10/09 in TRY mn 03m10 03m09 r 10/ % EBIT % % Depreciation % % EBITDA % EBITDA Q1/09 Q4/09 Q1/10 36
37 Net Liability Position TRL mio December 31, 2008 December 31, 2009 March 31, 2010 Liquid Assets 3,389 3,196 3,231 Cash 1,536 1,390 1,353 Inventories Trade Receivables & Other Current Assets 1,074 1,008 1,133 Liabilities 3,136 2,448 2,448 Trade Payables 2,661 2,034 2,040 Taxes Payable Other Payables* Assets/Liabilities Net Assets Total Financial Debt 984 1,418 1,302 Net Liabilities Change in Net Liabilities * Excluding deferred tax liabilities and long term provisions but including short term provisions (tax liability) 37
38 High Yield Investment Grade Our Ratings AAA AAA Sovereign July, 2004 February, 2005 BB Positive B Stable B Positive Sovereign July, 2004 June, 2005 BB+ Stable B+ Stable B+ Positive AA+ AA AA- A+ A A- BBB+ BBB BBB- AA+ AA AA- A+ A A- BBB+ BBB BBB- April, 2005 September, 2006 February, 2007 B+ Stable B+ watch neg B+ Stable March, 2006 National BB- Stable AA- (tur) BB+ BB BB- B+ B B- BB+ BB BB- B+ B B- CCC+ CCC CCC- CC C CCC+ CCC CCC- CC C D DDD 38
39 Table of Contents Introduction Turkish Energy Sector Company Overview Business Lines Future Story Sales Analysis Financial Overview Transportation Maritime Transportation Land Transportation Pipelines 39
40 Fuel Transportation Fuel Energy Market Regulatory Authority (EMRA) Transportation Ministry of Transportation 40
41 Transportation Maritime Transportation IMO (International Maritime Organization) MARPOL (International Convention for the Prevention of Pollution from Ships) ISGOTT (International Safety Guide For Oil Tankers And Terminals) Land Transportation ADR (The European Agreement concerning the International Carriage of Dangerous Goods by Road ) Pipelines 41
42 Maritime Transportation Domestic 10 vessels (CPP) + 6 vessels (DPP) ~ 75k DWT More than voyage ~ 4.000k tons of product Import 2 vessels x DWT ~ 1.000k tons of product 42
43 Maritime Transportation 43
44 Maritime Transportation 44
45 Maritime Transportation 45
46 Maritime Transportation 46
47 Maritime Transportation 47
48 Maritime Transportation 48
49 Transportation Maritime Transportation IMO (International Maritime Organization) MARPOL (International Convention for the Prevention of Pollution from Ships) ISGOTT (International Safety Guide For Oil Tankers And Terminals) Land Transportation ADR (The European Agreement concerning the International Carriage of Dangerous Goods by Road ) Pipelines 49
50 Direct Delivery System 10 Terminals More than 3k stations 140 semi-trailers Planning & optimization ~ 500k tons of delivery More than 20k trips 50
51 Direct Delivery System 51
52 Direct Delivery System 52
53 Direct Delivery System 53
54 Aviation Fuels 10 Terminals Around 35 aviation supply units Semi trailer fleet with varying size seasonally More than 600k tons of carriage Pipelines 54
55 Aviation Fuels 55
56 Aviation Fuels 56
57 LPG More than 150 tankers Local suppliers Planning & optimization Around 400k tons of carriage Nearly 25k trips 57
60 LNG Around 35 tankers POAY, POGİ Cryogenic tanks Around 80k tons of carriage Nearly 5k trips 60
62 Lubricants 1 Lubricant Factory in Derince/İzmit Bulk carrying tankers Packaged product carrying trucks Customers, retailers, distributors, terminals Not dangerous good 62
63 Lubricants 63
64 Others Wholesale Customers Commercial and Industrial Customers Public Organizations Border Stations Inter-terminal Supply Needs (Batman) 64
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Objective: Ad development to communicate that we can clean babies anywhere with portable Huggies Baby Wipes.
Solution: Agency developed the creative with bath toy to deliver the message that baby feels like having a bath anywhere with Huggies Baby Wipes.
Print advertisment created by Ogilvy, South Korea for Huggies, within the category: House, Garden.
Like a having a bath anywhere
Executive Creative Director: Wain Choi
Creative Director: Junho Jang
Art Directors: Sungho Bae, Yoori Ahn
Copywriter: Yunna Lee
Photographers: Youngsik Lee, Yunhee Choi
Nice idea. Love it
I also love this idea.
Silvi - I'm with you. If the water surface as wet wipe was the intention, they have to make it more apparent that it's the wipe. Too bad it didn't have some sort of pattern/design on it that would have helped. This is a case of being too "clever" and involved in the project without stepping back and looking at it from a consumer's perspective. Nice and clean, great photo/CGI, just off in the execution.
Maybe the print version was more clear. The digital version is too subtle. The idea is great, of course, but to hard to joe consumer get it.
Subtle + sophisticated - nice !
I think these adverts tell an easily understandable story – even if the line is somewhat clumsy in English. Cheers.
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More images
Mammoth Studios is a full service film production facility located in Burnaby, British Columbia. The facilities' immense size allows production companies the space and capacity to create. Mammoth Studios is used exclusively for the film industry - to keep up with industry standards, Mammoth Studios was fitted with all the specifications and amenities a film production company would need - thus, continually making Mammoth Studios a sought after venue.
2820 Underhill Avenue, Burnaby BC, V5A, 35C
528, 856 sq. ft.


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4 Min Read
* FTSE 100 up 0.4 percent at 6,276.94 points
* Defensives lead market up as investors worry about growth
* Investors snap up Vodafone, Weir as cheap bid targets
By Francesco Canepa
LONDON, April 8 (Reuters) - Britain's blue-chip index halted a three-day slide on Monday as buyers took advantage of beaten-down prices to place bets on possible takeover targets and pile into defensive shares.
The FTSE 100 closed up 27.16 points, or 0.4 percent, at 6,276.94 after dropping 1.5 percent on Friday, when much weaker than expected jobs data from the United States sent the FTSE to a two-month low.
The FTSE had cut its losses late on Friday and a rebound on Monday, albeit modest, suggested appetite for shares had not disappeared, thanks to sustained monetary stimulus from central banks across the globe.
"Clients have been waiting for a meaningful pullback where they could buy at some decent levels," Manoj Ladwa, head of trading at TJ Markets, said.
"There could be a little more to go on the downside, but traders are still willing to dip their toes in just in case the market does carry on rallying."
Ladwa said he was "net short" UK blue chips, meaning he had more negative than positive positions, but he cautioned he had set automatic buying orders, or stop losses, just above current levels, fearing further gains.
Among stocks he had been buying were food retailers Tesco and Sainsbury, up 1.4 percent and 0.7 percent, seen as defensive options if demand for superfluous goods were to fall due to worsening economic conditions.
He also bought mobile operator Vodafone, which had fallen 5 percent over the previous three sessions, as it offers reliable earnings and is seen as the possible target of a bid from U.S. partner Verizon.
Vodafone and food retailers were among the biggest contributors to the FTSE's rise, adding around 23 points.
Bid speculation also boosted oil equipment maker Weir , which rose 4.2 percent on news General Electric is buying oilfield pump maker Lufkin Industries Inc at a 38 percent premium to Lufkin's closing price on Friday.
Traders said Weir was itself seen as a possible bid target, leading investors to cover their negative positions on the stock, the third most-shorted on the FTSE 100, according to Markit data as of the close on April 5.
Russia-based precious metal miner Polymetal, which trades at one of the lowest valuation multiples among UK blue chips, rose 5.3 percent to the top of the FTSE on Monday after unveiling a 30 payout on its 2012 net profit.
The broader mining sector, which has fallen 13 percent so far this year compared with a 6.4 percent rise on the broader index, rose 0.8 percent as investors bought back into some of the most battered names, such as Eurasian Natural Resources Corporation (ENRC).
ENRC's stock, which Citigroup upgraded to "neutral" from "sell" on valuation grounds on Monday, rose 1.7 percent in volume twice its 90-day average.
Trading at 9.6 times their expected earnings for the next twelve months, mining shares were among the cheapest in Britain, along with oil & gas, Thomson Reuters data showed.
The broader FTSE index was trading on a 11.4 earnings multiple, the highest since 2010, after rallying 16.6 percent between November and mid-March, boosted by monetary stimulus from global central banks.
"From a liquidity point of view we see continued support (but) valuation is becoming more of a concern," Johan Jooste, chief market strategist for Europe, the Middle East and Africa at Merrill Lynch Wealth Management, said. (Reporting By Francesco Canepa, Editing by Andy Bruce)


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Author's Note: The first Dizzy-centered fic perhaps… a KyxDizzy too. It's not that I'm getting tired but its kinda not very pleasing to see your name 4 times in the same page in GG. Honestly, there's nothing wrong with me, it's just that where are the other fanfiction authors!? Where are they!?How about the other characters!?
This is an Overture Fic, meaning that it is set at Illyuria. If you don't know Overture: Ky is king, and it is heavily implied that he had an illegitimate son named Sin with Dizzy. But in fact, the Gear and the knight are already an official couple.
Another fact: Ky and probably a chunk of the GG world population are Christian, heavily implied to be Catholic. So this fic is going to have many religious insights which I feel to be very appropriate for the situation and theme. After the long thought, I decided to write the fic on mostly Dizzy's point of view.
We often see Dizzy as a kind and innocent girl, but I have always believed that there is more to her than what it appears on the surface.
WARNING: Here's a sad and angsty and HARSH fic with RELIGIOUS ISSUES, I really mean it, about what I think Dizzy feels as a 5 year old in the fic.
She rarely went out of the castle except for festivals. There was nothing exciting to do alone anyway, and there wasn't any place that she desired to go to. Again, she wore her favourite cloak, with a hood that can cover her face completely. In reality there was no need to hide her appearance; except for the face she bore little resemblance to the Gear Dizzy. That girl died two years ago. Now she was just a woman walking around the town.
Illyuria was a big city, much bigger than Paris. But she liked the latter; the former lacked trees and flowers that reminded her of the grove and her hometown. The fountains were so high and purely for decoration that people were not able to drink its cool water. Newly built buildings and roads with paved with high-class materials were more common. At the sight of her familiar surroundings she remembered again Ky telling her that Illyuria was grandiosely decorated with such big and expensive statues when it was chosen as the capital for the Allied Kingdom.
As she looked back, she could see the palace from where she came from. It was made for the great Ky Kiske, and it was very costly. Of course he hated it. Except for the people, he hated "Illyuria" itself.
As she approached the town square, a fairly large group of people gathered caught her interest. From the crowd, she heard music. It was a happy one for her, and she never heard it in her life. She loved how the organ brought life to it, and it became more dramatic as she neared. Maybe at the next banquet, she could request it to Ky.
"Excuse me" she said to some people standing to take a peek on what was happening. In the middle of the crowd there was a red path, a laid cloth, and young ladies in gowns were walking on it. They remained standing on their seats when they reached them, which look like the pews from the Illyurian Cathedral, at the front. In the front there was a pulpit and a single facing it. Some guys escorting women come in next. There were many more coming, and they look like aristocrats- She didn't care about seeing them, Ky was king. What mattered were the roses…She had never seen so much in her life! Hundreds adorn the arcs- red, pink, peach, and white ones.
She was not entirely sure what was going on with all the people marching on so she asked a woman beside her "Excuse me ma'am, but what is this?"
The older woman looked very surprised at her question "You've never seen a wedding before!?" she answered.
Dizzy suddenly felt stupid for asking "Thank you…"she said in response. It's true that she had never attended a wedding before- her foster parents never took her with them in social gatherings.
The pretty little flower girls came. She can't help but stare at them as their puffy balloon skirts resembling inverted water lilies seemed to bounce with each of their step. The petals clumsily scattered reminded her of the spring in the grove when the fruits of the trees began to grow. Oh, the nostalgia…
If I am to be married soon, March could still be my flower girl. That would be the cutest! Maybe the maidens that marched a while ago could be May, April, June and everyone else except Mrs. Leap! And those flowers- Guess she'll ask Ky for every rare flower that she wanted. Will it be fine with him?
Something bright was on her left- and as she turned and looked, what met her eyes was the most beautiful dress she has ever seen in her life. It was of pure white, and it glowed like a light among the background of different indistinguishable colors. In her hand was a bouquet of white roses. There's no mistaking it, she was the bride, her face barely visible because of a silk veil, and by her side was an older man.
"Ummm…excuse me again ma'am but who's the man beside her?" She asked again, wanting to confirm if she's right about what she was thinking.
"Oh, that is her father. He escorts her to signify entrusting her to a new protector, her groom" the woman explained.
"Oh, thank you..."With her growing curiosity, Dizzy wanted to know more.
If I am to be married, who will escort me? It was a year ago when she learned that her foster father was dead, leaving only Johnny and Testament. But former was a pirate and the latter is a wanted Gear. Then, how about hiring…Sol? No, he'll never agree. Guess she'll walk alone.
But where is the groom? Did I miss him? She did.
The loud voice of the priest startled Gear guest. "Brothers and sisters, we are gathered here today to witness the divine union of a man and a woman through this marriage, authored by our Almighty God." The crowd silenced as opening prayer started.
The Gear blended in and bowed her head like the rest. She had always found praying difficult; there were too many issues- but many times Ky urged her to, and turned out that at least there was faith in her. Yet most of the time, when she closed her eyes and mind, she saw the priest who tried to burn her alive years ago.
"Amen" The crowd repeated after him.
One day perhaps, she could pray to communicate, not to contemplate.
Everyone was already seated, including the couple to be. The Gear observed that people around were seemingly a new set. None of them looked as interested as her in the ceremony itself, coming only to see what was going on. The woman beside her was gone.
Thoroughly, scriptures were read, some by the priest, and some as a responsorial. They were like poems, and they give a solemn sense of sanctity in the place, even though it was public.
"As the Scriptures say, 'A man leaves his father and mother and is joined to his wife, and the two are united into one.'"
Somehow, the Gear loved listening though she found some words unavoidably contemplative.
"So God created man in his own image, in the image of God he created him; male and female he created them."
She was a Gear.
She should be enjoying herself by watching such an occasion, and she quickly dismissed such thoughts. There will be a proper time for thinking about them. Why should she be bothered by those words alone? The more she tried to forget, the more her mind became distracted even when she fixated her eyes onto the two candles lit at the front.
The ceremony proceeded with the priest explaining the significance of the symbol; God's guide to their married life. More people talked again, pledging some kind of support for the couple. A lot of questions and "Yes Father" answers came in next.
"…do you take her as your lawfully wedded wife?"
"Yes, I do"
"…take him as your lawfully wedded husband?"
"Y-yes I do." The bride sounded like she was crying. Dizzy wondered if she was happy or if she was regretting her answer.
Is it over? The Gear asked herself. Both of them already vowed, but she noticed that there seemed to be more: some coins were presented, and with them, two golden rings.
"…wear this ring as a sign of my love and loyalty. In the name of the Father, the Son and the Holy Spirit." The husband said to his wife. The woman said the same.
The coins symbolized something about the husband providing for the family and Dizzy felt a bit of childish pride remembering the amount of money Ky had, forgetting how many zeros his bank account had.
There were a large amount of prayers again before the two candles lit a single one, signifying the united lives of the married couple; even with established unique identities, they would respect each other and surrender in mutual trust. With the lighting, a veil was placed on the wife's head and one the husband's shoulders- then a cord to bind them together.
Another set of prayers, unique to the bride or the groom came in next. But the Gear found the words the two recited together both beautiful and sad, as she imagined her and Ky speaking it.
" We ask finally, until our old age we may love each one another and cherish each other as deeply as we do at this moment. May we both grow in wisdom as we rear the children that you will give us and nurture them with love and affection…"
She would never age with him.
A child…how she wished for one.
Soon after some more words and blessing from the priest, the veil and cord was removed.
The man of God, from a serious tone surprisingly became gleeful in his final statements "This couple is now united in Holy Matrimony. Let us rejoice and go witnesses to God's love! May I now present you…"
The crowd clapped as the names of the couple were announced. And then came a brief moment of anticipation from the guests as Dizzy observed, especially from the bridesmaids.
"You may now kiss the bride."
Dizzy heart beat as she watched the husband lift the veil of his wife, revealing a very beautiful smile. Then they held hands and stared at each other as the crowd cheered. With her full attention, the Gear waited for the kiss. She was expecting their faces to slowly inch their way towards each other, but she almost jolted in surprised as the couple suddenly locked their lips very passionately, earning a louder cheer from the guests, and a rather boisterous one from the other crowd.
Ky would never kiss like that!
She clapped for them too, but she began to feel the resurfacing hole in her heart. Jealousy perhaps? And guilt too? For the whole duration of the ceremony, she imagined herself being the bride. It somehow felt wrong, daydreaming for such a desire when the circumstances made it impossible. It was really wrong, indulging herself with a selfish fantasy…
But still, she longed to wear the white gown.
"Excuse me ma'am, I'm really just curious…Why does the bride wear white?" she turned to an elderly person beside her.
The old lady smiled at her and replied "It symbolizes pureness dear. The bride shows the beauty of virginity through her wedding clothes. You see, marriage is the holy union between a man and a woman."
"I see…" The young woman was hurt by the fact. Her simple dream was easily shattered, she was not chaste.
The elderly continued after a sigh "The generation nowadays is different. Now we see so many mothers and fathers who are too young, serves them right for being irresponsible! They mistake lust for love, those boys should learn to behave like gentlemen and those girls should not fall for every sweet line their lovers tell them" she scorned.
Dizzy kept spoke no word, but inside, her blood seem to shout out curses for what was said about women like her. Anger was a rare emotion to her, but she felt it growing inside within her heart. She was partly ashamed, greatly offended and hurt by the words that seemed to be hurled at her.
Irresponsible!? When was Ky irresponsible?
But... how about me?
Yet still…the elderly had no right to judge her- she never knew anything about her and Ky! She didn't know anything! She didn't know anything about love at all! If that old woman was right… it didn't mean that they were wrong at every angle. With a single blink of her eyes, the Gear's welling tears fell down her cheeks. Her sobs were followed with her hand wiping her face- again and again, for a few were not enough.
Somehow, all the frustration and self-pity she had been hiding the past hour stirred with the direct and frank statement. They surfaced, and she had nothing left in her to stop them. She pitied her situation and shame for such an ambition. Who is to blame? There was none. But she directed her anger to the old woman, feeling so much victimized.
"Miss…are you okay?"
"Yes ma'am, I was just touched by the wedding…" She pouted. It was an obvious lie in between her breaths. As she noticed that some people were already looking at her, covered her face with her hood and turned away, ignoring the old woman calling her.
But the sudden gasps behind her called her attention. She faced the festivity behind her to see the crowd looking up the sky. The two doves had escaped on their own; they flew past the confetti, the arcs and the tall buildings that block the morning sun. They were free.
The trip back home was slowest ever. As she looked up the clock tower she was surprised that it were two more hours before noon; she felt that it was past lunchtime.
Nothing comforts her except the recollection of the memories she and Ky shared. From the moment he rescued her in the grove, and the days she visited him, the year they lived together. None of those feel wrong…but that one passionate night. Should a single sinful act condemn the love they have for one another? No, it wasn't! It wasn't fair! If she was a human they could have married...
That was it. She was a Gear, man's sin.
She remembered words the priest read earlier from the Bible: Love is patient and kind. Love is not jealous or boastful or proud or rude. Love does not demand its own way. Love is not irritable, and it keeps no record of when it has been wronged. It is never glad about injustice but rejoices whenever the truth wins out. Love never gives up, never loses faith, is always hopeful, and endures through every circumstance. Love will last forever...
Love…Humans can be forgiven right? She was a Gear, considered as man's sin.
But she had always believed that her existence was not a sin. She can understand and feel human's sadness, happiness, pain, hope, freedom. She knew love, and was able to love. She was part human too, and God was love.
She approached the castle and looked upon the large cathedral beside it; it was her entrance. A secret passage connected it to her annex. The clergy knew her very well, for they were all former Sacred Order members. She proceeded on climbing the wide stairs of its entrance and stopped.
She pictured herself and Ky holding each other's hands and walking down as a newly wedded couple. The knights lined up holding up their spears or trumpets. From the windows of the church, petals scattered through made their way to them. The bells were ringing, playing a gleeful melody and they were wearing big smiles one their faces, filled with so much joy. And as the vision walked past her she imagined the multitude cheering with banners, musical instruments, and confetti and clapping- certainly much grander than what she witnessed earlier. And with the kingdom that rejoiced with them, Johnny and May, and the Jellyfish were hidden somewhere in the crowd, hopefully not pick-pocketing the nobles, and waving their hands for her to see them. Still, from the bottom of her heart, she wished that Testament would be there, secretly watching her with a smile on his face.
All hail the King and Queen!
At that brief moment, the golden crosses and the angels that adorn the white cathedral faced her. They woke her up from the dream and brought her back to reality- and she was thankful for it. She continued her way back alone. She had always looked up to the paintings of the saints and the Holy Father and Son in on the high ceilings, and they look irrevocably divine…
Slowly she walked through the passageway;her feet knew exactly where they were going but her mind remained wandering. As she reached the end of her path, the scenery of the castle halls greeted her; it was always dark. Her eyes then shifted into the throne room, the heart of the castle, it was not very far away from where she was standing.
Through her secret access, she saw that Ky was in there, surrounded by his knights, servants and advisers. Those were normal, even the aristocrat who seem to be proposing a marriage with his daughter. She can see that the noble looked very dissatisfied and walked away with his company.
Another one turned down again, nothing new.
Ky walked out too, looking very stressed…but she needed him so much right now. She followed him, trailing in a distance.
She entered his room a while after he did, forgetting to knock or even greet him.
"Dizzy? What's wrong?" The king asked with a concerned tone, a little surprised by the sudden entrance. He quickly got up from his seat and put down the teacup on his table as he came to her.
The Gear just leaned on the closed door with her face looking down. She resolved to hold back her crying: She was now a woman, not a girl. Yet, her shoulders shook unstoppably; she embraced her own body and breathed in deeply. She was unable to speak.
"Please tell me about it" Ky pleaded. He tried to touch her face, but her head bowed down further. He wasn't in a condition to comfort her, but he wanted to, and he slowly took her in his arms in a gentle embrace.
It was what she needed, but at the same time, it invoked her feelings. "Ky…I'm sorry I'm a Gear."
Self-pity wallowed her.
He retorted by her ear with a slight tone of frustration "We talked about this before, right? It doesn't matter! You have me and the Jellyfish. Didn't I tell you that humans and Gears can live together? Can't you see that we're a proof!? We will never give up on living!" He was slightly annoyed by her sudden angst, and to the fact that they had already talked about such a topic over and over.
The words struck Ky Kiske like an arrow. He knew exactly what she meant and how it meant for her. Guilt rushed into him, the one that had always tormented him. His anger grew, and he directed it to himself. Too wearied to think straight yet understanding completely what she felt, he choked on his words."Don't…worry...just…"
Closing his eyes, he calmed himself with a deep breath. He always knew that the word she spoke would haunt him, for he was the one responsible. She was innocent and lost and he was the one who was supposed to help and lead her, but yielding to his fervent love for her instead brought too many realities that she couldn't handle yet. She was a woman of strength and character, but still, she was still very young for the world. It was his fault.
"We met, because you're Gear and I'm a knight. We were brought together despite the circumstances for a purpose. Don't worry…we'll find way just like before. I'm sure we will. Just forget everything for now and let me handle it."
With one hand he stroked her hair and placed a soft kiss on her forehead. The Gear calmed down, but wet with tears. She unfolded her arms and embraced him back; he was what she needed for now…not answers. But she can't stop herself from asking one more question.
"If we get married…" She paused.
"What about it?" He replied with a slight, though a little fake, enthusiasm to cheer her up.
"Can I…still wear white?"
"O-Of course you can…"
I promise I'll write something happy again!!! It's just that I can't ignore the inspiration for this kind of fic. I really hope nobody's offended, I put a warning. I'm really sorry for so much angst; hope I didn't ruin your day. I'LL WRITE SOMETHING HAPPY OKAY?
I actually wanted to write a Ky point of view, but believe me, it's very much mature, guilt-ridden, religious and angsty than Dizzy's.
Mr. and Mrs. Villamayor for wedding rituals information
Gourami1's beautiful piano version of "Still in the Dark" for mood
Verses taken from the Bible (chronological):
Genesis - Chapter 1:27-30
Ephesians - Chapter 5:33
1st Corinthians - Chapter 13:4-8
Thanks for reading, PLEASE REVIEW :D


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