2013-11-12

‎Macquarie: fix format

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==Macquarie and Transurban - For-Profit Toll Roads==

 

==Macquarie and Transurban - For-Profit Toll Roads==



[[Image:Corporate_Roads_plain350px.jpg‎|left|350px]]'''Macquarie Group Limited''' is a publicly-traded [https://www.google.com/finance?q=ASX%3AMQG&ei=IgwBUtCOKoewqQHejQE (ASX:MQG)] for-profit global investment bank that describes itself as “a global provider of banking, financial, advisory, investment and funds management services.”<ref name="Macquarie Group">Macquarie Group, [http://www.macquarie.com/mgl/com/profile Corporate Profile], corporate website, accessed July 24, 2013.</ref> Part of the international business, Macquarie Infrastructure Company, LLC, is a Delaware, Maryland limited liability company that is publicly traded in the United States ([http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=MIC NYSE: MIC]). The investment banking service and its numerous subsidiaries are involved in privatization of government assets across the board, including: toll roads, airports and airport related infrastructure, bulk liquid storage, ports, communications, media, electricity and gas distribution, water utilities, renewable energy, and rail and ferry assets across 25 countries.<ref>Macquarie Infrastructure Company, [http://files.shareholder.com/downloads/MCQ/2638949014x0xS1144204-13-10289/1289790/filing.pdf 2012 10-K Annual Report], corporate SEC filing, February 20, 2013.</ref> The international group had revenues of $6.7 billion in the fiscal year ending March 31, 2013.<ref name="AnnualReport">Macquarie Group, [http://www.macquarie.com.au/dafiles/Internet/mgl/au/about-macquarie-group/investor-relations/events-and-presentations/documents/2013/full-year-result/fy13-mgl-annual-financial-report.pdf 2013 Annual Report], March 31, 2013.</ref><ref name="IRS">Internal Revenue Service, [http://www.irs.gov/Individuals/International-Taxpayers/Yearly-Average-Currency-Exchange-Rates early Average Currency Exchange Rates], U.S. federal governmental agency resource site, accessed September 2013.</ref> The U.S. LLC had revenues of over $1 billion in the fiscal year ending December 31, 2012.<ref name="10-K">Macquarie Infrastructure Company, [http://files.shareholder.com/downloads/MCQ/2638949014x0xS1144204-13-10289/1289790/filing.pdf 2012 10-K Annual Report], corporate SEC filing, February 20, 2013, p. 47.</ref> On May 2, 2013, Macquarie Group announced a net profit of $846.8 million for ordinary shareholders, up 17 percent since March of 2012.<ref name="2013profit">Macquarie Group, [http://www.macquarie.com/mgl/com/news/2013/20130503a Macquarie Group announces $A851 million full year profit], corporate press release, May 3, 2013.</ref><ref name="IRS"/>

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[[Image:Corporate_Roads_plain350px.jpg‎|left|350px]]

 

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===Macquarie===

 

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'''
[[Macquarie|
Macquarie Group Limited
]]
''' is a publicly-traded [https://www.google.com/finance?q=ASX%3AMQG&ei=IgwBUtCOKoewqQHejQE (ASX:MQG)] for-profit global investment bank that describes itself as “a global provider of banking, financial, advisory, investment and funds management services.”<ref name="Macquarie Group">Macquarie Group, [http://www.macquarie.com/mgl/com/profile Corporate Profile], corporate website, accessed July 24, 2013.</ref> Part of the international business, Macquarie Infrastructure Company, LLC, is a Delaware, Maryland limited liability company that is publicly traded in the United States ([http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=MIC NYSE: MIC]). The investment banking service and its numerous subsidiaries are involved in privatization of government assets across the board, including: toll roads, airports and airport related infrastructure, bulk liquid storage, ports, communications, media, electricity and gas distribution, water utilities, renewable energy, and rail and ferry assets across 25 countries.<ref>Macquarie Infrastructure Company, [http://files.shareholder.com/downloads/MCQ/2638949014x0xS1144204-13-10289/1289790/filing.pdf 2012 10-K Annual Report], corporate SEC filing, February 20, 2013.</ref> The international group had revenues of $6.7 billion in the fiscal year ending March 31, 2013.<ref name="AnnualReport">Macquarie Group, [http://www.macquarie.com.au/dafiles/Internet/mgl/au/about-macquarie-group/investor-relations/events-and-presentations/documents/2013/full-year-result/fy13-mgl-annual-financial-report.pdf 2013 Annual Report], March 31, 2013.</ref><ref name="IRS">Internal Revenue Service, [http://www.irs.gov/Individuals/International-Taxpayers/Yearly-Average-Currency-Exchange-Rates early Average Currency Exchange Rates], U.S. federal governmental agency resource site, accessed September 2013.</ref> The U.S. LLC had revenues of over $1 billion in the fiscal year ending December 31, 2012.<ref name="10-K">Macquarie Infrastructure Company, [http://files.shareholder.com/downloads/MCQ/2638949014x0xS1144204-13-10289/1289790/filing.pdf 2012 10-K Annual Report], corporate SEC filing, February 20, 2013, p. 47.</ref> On May 2, 2013, Macquarie Group announced a net profit of $846.8 million for ordinary shareholders, up 17 percent since March of 2012.<ref name="2013profit">Macquarie Group, [http://www.macquarie.com/mgl/com/news/2013/20130503a Macquarie Group announces $A851 million full year profit], corporate press release, May 3, 2013.</ref><ref name="IRS"/>

 

 

 

[[Macquarie|For more, see the full corporate rap sheet on the outsourcer Macquarie here.]]

 

[[Macquarie|For more, see the full corporate rap sheet on the outsourcer Macquarie here.]]

 

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'''Transurban Group''' is a for profit, publicly traded ([https://www.google.com/finance?q=ASX%3ATCL&ei=YZbxUZjEOsLBqAHJnwE ASX: TCL]) toll road owner/operator headquartered in Melbourne, Australia, with holdings in the United States and Australia. <ref>[http://www.transurban.com.au/transurban_online/tu_nav_black.nsf/childdocs/-E4D1BC999BC1C1CDCA256F3F0024CBDC-9FCE9D2D21D157E5CA25706100084E32?open About], Transurban, accessed June 1, 2009.</ref> Transurban Group had revenues of $1.1 billion<ref>Transurban Group, [http://transurban.com/Annual_Report_2012.pdf 2012 Annual Report], corporate annual report, August 7, 2012, p. 52.</ref><ref name="IRS"/> and consolidated net profit of $58.3 million in the fiscal year ended June 30, 2012.<ref>Transurban Group, [http://transurban.com/Annual_Report_2012.pdf 2012 Annual Report], corporate annual report, August 7, 2012, p. 12.</ref><ref name="IRS"/> '''Transurban USA, Inc.''' is the North American subsidiary of Transurban Group, with two current projects underway in the United States. Transurban USA is a corporate funder of the American Legislative Exchange Council (ALEC), a major force for the privatization of public services in the United States.  

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===Transurban===

 

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'''
[[Transurban|
Transurban Group
]]
''' is a for profit, publicly traded ([https://www.google.com/finance?q=ASX%3ATCL&ei=YZbxUZjEOsLBqAHJnwE ASX: TCL]) toll road owner/operator headquartered in Melbourne, Australia, with holdings in the United States and Australia. <ref>[http://www.transurban.com.au/transurban_online/tu_nav_black.nsf/childdocs/-E4D1BC999BC1C1CDCA256F3F0024CBDC-9FCE9D2D21D157E5CA25706100084E32?open About], Transurban, accessed June 1, 2009.</ref> Transurban Group had revenues of $1.1 billion<ref>Transurban Group, [http://transurban.com/Annual_Report_2012.pdf 2012 Annual Report], corporate annual report, August 7, 2012, p. 52.</ref><ref name="IRS"/> and consolidated net profit of $58.3 million in the fiscal year ended June 30, 2012.<ref>Transurban Group, [http://transurban.com/Annual_Report_2012.pdf 2012 Annual Report], corporate annual report, August 7, 2012, p. 12.</ref><ref name="IRS"/> '''Transurban USA, Inc.''' is the North American subsidiary of Transurban Group, with two current projects underway in the United States. Transurban USA is a corporate funder of the American Legislative Exchange Council (ALEC), a major force for the privatization of public services in the United States.  

 

 

 

Transurban describes its role in the international infrastructure business as "developing pragmatic solutions to manage congestion and to do this in a disciplined, and ultimately sustainable way."<ref>"[http://www.transurban.com.au/88.htm Sustainability with Transurban], "Corporate Website", accessed November 6, 2013.</ref> Transurban CEO Scott Charlton urges governments to engage in "capital recycling," which is the selling of public assets to fund new infrastructure projects operated through public-private partnerships that place more risk on private companies, but also public control and accountability.<ref>"[http://www.smh.com.au/business/sell-public-assets-to-fund-infrastructure-transurban-chief-20130714-2py8w.html Sell public assets to fund infrastructure: Transurban chief], "The Sydney Morning Herald", July 15, 2013.</ref>

 

Transurban describes its role in the international infrastructure business as "developing pragmatic solutions to manage congestion and to do this in a disciplined, and ultimately sustainable way."<ref>"[http://www.transurban.com.au/88.htm Sustainability with Transurban], "Corporate Website", accessed November 6, 2013.</ref> Transurban CEO Scott Charlton urges governments to engage in "capital recycling," which is the selling of public assets to fund new infrastructure projects operated through public-private partnerships that place more risk on private companies, but also public control and accountability.<ref>"[http://www.smh.com.au/business/sell-public-assets-to-fund-infrastructure-transurban-chief-20130714-2py8w.html Sell public assets to fund infrastructure: Transurban chief], "The Sydney Morning Herald", July 15, 2013.</ref>

 

 

 

[[Transurban|For more, see the full corporate rap sheet on the outsourcer Transurban here.]]

 

[[Transurban|For more, see the full corporate rap sheet on the outsourcer Transurban here.]]

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