| Industries |
|---|
| Environmental Services |
| Investment Banking and Brokerage |
| Health Care Facilities |
| Exposures |
|---|
| Political reform |
| Military |
| Intelligence |
| Express intent |
| Provide |
| Event Codes |
|---|
| Warn |
| Accident |
| Solicit support |
| Yield |
| Reduce routine activity |
| Promise |
| Negotiation |
| Agree |
| Threaten |
| Military blockade |
| Ask for protection |
| Wiki | Wiki Summary |
|---|---|
| Water industry | The water industry provides drinking water and wastewater services (including sewage treatment) to residential, commercial, and industrial sectors of the economy. Typically public utilities operate water supply networks. |
| Water supply | Water supply is the provision of water by public utilities, commercial organisations, community endeavors or by individuals, usually via a system of pumps and pipes. Public water supply systems are crucial to properly functioning societies. |
| Significant other | The term significant other (SO) has different uses in psychology and in colloquial language. Colloquially "significant other" is used as a gender-neutral term for a person's partner in an intimate relationship without disclosing or presuming anything about marital status, relationship status, gender identity, or sexual orientation. |
| Significant Others | The term significant other (SO) has different uses in psychology and in colloquial language. Colloquially "significant other" is used as a gender-neutral term for a person's partner in an intimate relationship without disclosing or presuming anything about marital status, relationship status, gender identity, or sexual orientation. |
| Statistical significance | In statistical hypothesis testing, a result has statistical significance when it is very unlikely to have occurred given the null hypothesis. More precisely, a study's defined significance level, denoted by \n \n \n \n α\n \n \n {\displaystyle \alpha }\n , is the probability of the study rejecting the null hypothesis, given that the null hypothesis is true; and the p-value of a result, \n \n \n \n p\n \n \n {\displaystyle p}\n , is the probability of obtaining a result at least as extreme, given that the null hypothesis is true. |
| Significant Mother | Significant Mother is an American television sitcom created by Erin Cardillo and Richard Keith. Starring Josh Zuckerman, Nathaniel Buzolic and Krista Allen, it premiered on The CW network on August 3 and ended its run on October 5, 2015. |
| Foreign direct investment | A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. |
| Ariel Investments | Ariel Investments is an investment company located in Chicago, Illinois. It specializes in small and mid-capitalized stocks based in the United States. |
| Russell Investments | Russell Investments is an investment firm headquartered in Seattle, Washington.\n\n\n== Corporate overview ==\nAccording to American Banker, Russell Investments has approximately $300 billion of assets under management, as of September 2019. |
| Food safety | Food safety (or food hygiene) is used as a scientific method/discipline describing handling, preparation, and storage of food in ways that prevent food-borne illness. The occurrence of two or more cases of a similar illness resulting from the ingestion of a common food is known as a food-borne disease outbreak. |
| Food safety in China | Food safety in China is a concern relating to agriculture in the world's most populated country. China's principal crops are rice, corn, wheat, soybeans, and cotton in addition to apples and other fruits and vegetables. |
| Road traffic safety | Road traffic safety refers to the methods and measures used to prevent road users from being killed or seriously injured. Typical road users include pedestrians, cyclists, motorists, vehicle passengers, horse riders, and passengers of on-road public transport (mainly buses and trams). |
| Biophysical environment | A biophysical environment is a biotic and abiotic surrounding of an organism or population, and consequently includes the factors that have an influence in their survival, development, and evolution. A biophysical environment can vary in scale from microscopic to global in extent. |
| Environmental health | Environmental health is the branch of public health concerned with all aspects of the natural and built environment affecting human health. Environmental health focuses on the natural and built environments for the benefit of human health. |
| Water supply and sanitation in the United States | Water supply and sanitation in the United States involves a number of issues including water scarcity, pollution, a backlog of investment, concerns about the affordability of water for the poorest, and a rapidly retiring workforce. Increased variability and intensity of rainfall as a result of climate change is expected to produce both more severe droughts and flooding, with potentially serious consequences for water supply and for pollution from combined sewer overflows. |
| Regulatory affairs | Regulatory affairs (RA), also called government affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, cosmetics, agrochemicals (plant protection products and fertilizers), energy, banking, telecom etc. Regulatory affairs also has a very specific meaning within the healthcare industries (pharmaceuticals, medical devices, biologics and functional foods). |
| Cis-regulatory element | Cis-regulatory elements (CREs) or Cis-regulatory modules (CRMs) are regions of non-coding DNA which regulate the transcription of neighboring genes. CREs are vital components of genetic regulatory networks, which in turn control morphogenesis, the development of anatomy, and other aspects of embryonic development, studied in evolutionary developmental biology. |
| Special Activities Center | The Special Activities Center (SAC) is a division of the Central Intelligence Agency responsible for covert operations and paramilitary operations. The unit was named Special Activities Division (SAD) prior to 2015. |
| Surgery | Surgery is a medical or dental specialty that uses operative manual and instrumental techniques on a person to investigate or treat a pathological condition such as a disease or injury, to help improve bodily function, appearance, or to repair unwanted ruptured areas.\nThe act of performing surgery may be called a surgical procedure, operation, or simply "surgery". |
| Balance sheet | In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. |
| Financial ratio | A financial ratio or accounting ratio is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization. |
| Form 10-K | A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a company's financial performance. Although similarly named, the annual report on Form 10-K is distinct from the often glossy "annual report to shareholders," which a company must send to its shareholders when it holds an annual meeting to elect directors (though some companies combine the annual report and the 10-K into one document). |
| History of water supply and sanitation | The history of water supply and sanitation is one of a logistical challenge to provide clean water and sanitation systems since the dawn of civilization. Where water resources, infrastructure or sanitation systems were insufficient, diseases spread and people fell sick or died prematurely. |
| Mergers and acquisitions | In corporate finance, mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. |
| Business | Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. |
| Business Insider | Insider – previously named Business Insider (BI) – is an American financial and business news website founded in 2007. Since 2015, a majority stake in Business Insider's parent company Insider Inc. |
| Small business | Small businesses are corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy varies depending on the country and industry. |
| Business Is Business | Business-to-business (B2B or, in some countries, BtoB) is a situation where one business makes a commercial transaction with another. This typically occurs when:\n\nA business is sourcing materials for their production process for output (e.g., a food manufacturer purchasing salt), i.e. |
| Investment management | Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contracts or, more commonly, via collective investment schemes like mutual funds, exchange-traded funds, or REITs. |
| Groundwater | Groundwater is the water present beneath Earth's surface in rock and soil pore spaces and in the fractures of rock formations. About 30 percent of all readily available freshwater in the world is groundwater. |
| NASA facilities | There are NASA facilities across the United States and around the world. NASA Headquarters in Washington, DC provides overall guidance and political leadership to the agency. |
| Risk Factors |
|---|
| CONNECTICUT WATER SERVICE INC / CT ITEM 1A RISK FACTORS Because we incur annually significant capital expenditures, we depend on the rates we charge our customers |
| The water utility business is capital intensive |
| On an annual basis, we spend significant sums for additions to or replacement of property, plant and equipment |
| Our ability to maintain and meet our financial objectives is dependent upon the rates we charge our customers |
| These rates are subject to approval by the Connecticut Department of Public Utility Control (DPUC) |
| The Company is entitled to file rate increase requests, from time to time, to recover our investments in utility plant and expenses |
| Once a rate increase petition is filed with the DPUC, the ensuing administrative and hearing process may be lengthy and costly |
| The timing of our rate increase requests are therefore partially dependent upon the estimated cost of the administrative process _________________________________________________________________ [72]Table of Contents 9 in relation to the investments and expenses that we hope to recover through the rate increase to the extent approved |
| We can provide no assurances that any future rate increase request will be approved by the DPUC; and, if approved, we cannot guarantee that these rate increases will be granted in a timely or sufficient manner to cover the investments and expenses for which we initially sought the rate increase |
| Additionally, the DPUC may rule that a company must reduce its rates |
| Our operating costs could be significantly increased because of state and federal environmental and health and safety laws and regulations |
| Our water and wastewater services are governed by various federal and state environmental protection and health and safety laws and regulations, including the federal Safe Drinking Water Act, the Clean Water Act and similar state laws, and federal and state regulations issued under these laws by the US Environmental Protection Agency and state environmental regulatory agencies |
| These laws and regulations establish, among other things, criteria and standards for drinking water and for discharges into the waters of the United States and/or Connecticut |
| Pursuant to these laws, we are required to obtain various environmental permits from environmental regulatory agencies for our operations |
| We cannot assure that we have been or will be at all times in total compliance with these laws, regulations and permits |
| If we violate or fail to comply with these laws, regulations or permits, we could be fined or otherwise sanctioned by regulators |
| Environmental laws and regulations are complex and change frequently |
| These laws, and the enforcement thereof, have tended to become more stringent over time |
| While we have budgeted for future capital and operating expenditures to maintain compliance with these laws and our permits, it is possible that new or stricter standards could be imposed that will raise our operating costs |
| Although these costs may be recovered in the form of higher rates, there can be no assurance that the DPUC would approve rate increases to enable us to recover such costs |
| In summary, we cannot be assured that our costs of complying with, or discharging liabilities under, current and future environmental and health and safety laws will not adversely affect our business, results of operations or financial condition |
| Our business is subject to seasonal fluctuations which could affect demand for our water services and our revenues |
| Demand for our water during the warmer months is generally greater than during cooler months due primarily to additional requirements for water in connection with irrigation systems, swimming pools, cooling systems and other outside water use |
| Throughout the year, and particularly during typically warmer months, demand will vary with temperature and rainfall levels |
| In the event that temperatures during the typically warmer months are cooler than normal, or if there is more rainfall than normal, the demand for our water may decrease and adversely affect our revenues |
| Potential drought conditions may impact our ability to serve our current and future customers’ uses of water and our financial results |
| We depend on an adequate water supply to meet the present and future demands of our customers |
| Drought conditions could interfere with our sources of water supply and could adversely affect our ability to supply water in sufficient quantities to our existing and future customers |
| An interruption in our water supply could have a material adverse effect on our financial condition and results of operations |
| Moreover, governmental restrictions on water usage _________________________________________________________________ [73]Table of Contents 10 during drought conditions may result in a decreased demand for our water, even if our water reserves are sufficient to serve our customers during these drought conditions, which may adversely affect our revenues and earnings |
| Any future acquisitions we may undertake may involve risks and uncertainties |
| An important element of our growth strategy is the acquisition and integration of water systems in order to move into new service areas and to broaden our current service areas |
| We will not be able to acquire other businesses if we cannot identify suitable acquisition opportunities or reach mutually agreeable terms with acquisition candidates |
| It is our intent, when practical, to integrate any businesses we acquire with our existing operations |
| The negotiation of potential acquisitions as well as the integration of acquired businesses could require us to incur significant costs and cause diversion of our management’s time and resources |
| Future acquisitions by us could result in: • dilutive issuances of our equity securities; • incurrence of debt and contingent liabilities; • failure to have effective internal control over financial reporting; • fluctuations in quarterly results; and • other acquisition-related expenses |
| Some or all of these items could have a material adverse effect on our business as well as our ability to finance our business and comply with regulatory requirements |
| The businesses we acquire in the future may not achieve sales and profitability that would justify our investment and any difficulties we encounter in the integration process, including in the integration of controls necessary for internal control and financial reporting, could interfere with our operations, reduce our operating margins and adversely affect our internal controls |
| In addition, as consolidation becomes more prevalent in the water and wastewater industries, the prices for suitable acquisition candidates may increase to unacceptable levels and limit our ability to grow through acquisitions |
| Water supply contamination may adversely affect our business |
| Our water supplies are subject to contamination, including contamination from the development of naturally-occurring compounds, chemicals in groundwater systems, pollution resulting from man-made sources, such as MTBE, and possible terrorist attacks |
| In the event that our water supply is contaminated, we may have to interrupt the use of that water supply until we are able to substitute the flow of water from an uncontaminated water source or provide additional treatment |
| We may incur significant costs in order to treat the contaminated source through expansion of our current treatment facilities, or development of new treatment methods |
| If we are unable to substitute water supply from an uncontaminated water source, or to adequately treat the contaminated water source in a cost-effective manner, there may be an adverse effect on our revenues, operating results and financial condition |
| The costs we incur to decontaminate a water source or an underground water system could be significant and could adversely affect our business, operating results and financial condition and may not be recoverable in rates |
| We could also be held liable for consequences arising out of human exposure to hazardous substances in our water supplies or other environmental damage |
| For example, private plaintiffs have the right to bring personal injury or other toxic tort claims arising from the presence of hazardous _________________________________________________________________ [74]Table of Contents 11 substances in our drinking water supplies |
| Our insurance policies may not be sufficient to cover the costs of these claims |
| In addition to the potential pollution of our water supply as described above, in the wake of the September 11, 2001 terrorist attacks and the ensuing threats to the nation’s health and security, we have taken steps to increase security measures at our facilities and heighten employee awareness of threats to our water supply |
| We have also tightened our security measures regarding the delivery and handling of certain chemicals used in our business |
| We have and will continue to bear increased costs for security precautions to protect our facilities, operations and supplies |
| These costs may be significant |
| We are currently not aware of any specific threats to our facilities, operations or supplies; however, it is possible that we would not be in a position to control the outcome of terrorist events should they occur |
| Key employee turnover may adversely affect our operating results |
| Our success depends significantly on the continued individual and collective contributions of our management team |
| The loss of the services of any member of our management team or the inability to hire and retain experienced management personnel could harm our operating results |