Free Essay

Leighton Holdings Presentation – Story Board

In:

Submitted By Rhodders
Words 1201
Pages 5
Leighton Holdings Presentation – Story Board

1. Introduction and talk outline
• Who we are and what we are going to present.
• Agenda slide.

2. Who are Leighton Holdings (Structure – showing % age of revenue by company if possible) and what do they do? [DYNAMIC SLIDE WITH OVERLAYS]

• Bullet points with key facts - Founded in 1949, 18th largest contractor in the world, 54,000 employees, active in 25 countries, world’s largest contract miner, A$134.1 billion revenue in 2011. Pictures of mining, tunnels and bridges if possible.
• Organization structure diagram showing Hochtief & ACS and the Leighton subsidiaries (with % revenue). MacMahon to come in from the side to show that they are still growing.

3. Where are their markets, and how big/successful are Leighton compared to others i.e. who are their competition.

• Map showing where Leighton operate.
• Define the market that Leighton operates in – Construction and Engineering – includes mining, infrastructure, non-residential buildings. Note that most of Leighton’s revenue is generated in Australia and therefore our presentation will focus on the Australian market. Note the reliance of the Australian market on China and India.
• Main competitors – Market shares – identify Lend Lease as main rival and compare them in size and revenue.

4. Market analysis- Mining and construction Last few years – regulation.

• Graph the Construction and Engineering market value over the last 5 years. (Marketline Report).
• Note the fact that the government regulates the mining industry by preventing overseas companies entering the market – barrier to entry.

5. Market analysis- Leighton in mining

• Show how much of Leighton’s business is in Mining – list some key projects and how these have performed.
• Identify the subsidiaries that are involved in the mining industry (the big 3 – Leighton Contractors, Thiess and John Holland).
• Note locations where Leighton’s are carrying out mining works. What %age is outside of Australia – low.
• Leighton’s work in hand and order book.

6. Market Analysis- Leighton in Construction

• Same format as 5.

7. Market analysis- Mining and construction outlook
• Forecast market value for the next 5 years (Marketline report).
• Possibility of new entrants into the market – Italians.
• What is forecast to happen in China over the coming 5 years and how is this likely to drive the Australian mining industry.

8. Market Analysis- SWOT/5 forces on market

• 5 Forces spider diagram and brief summary.
• SWOT analysis is normally used to analyze a company rather than a market, so the 5 forces analysis is more appropriate I think.

9. Strategy – What happened over last 5 years

• Wal King lead Leighton for years, but then pushed out.
• Problem projects – Airport Link, Victoria Desalination Plant, Al Habtoor scandal.
• ACS takeover and board changes
• Agree with Lloyd – the above could simply be newspaper headlines with us doing the talking.

10. Strategy – Share price comparison/profits

• Graph showing Leighton share prices over the last few years.
• Link the ups and downs with the events outlined in the previous slide.

11. Strategy - Reaction to the issues- new vision

• Leighton’s latest vision and strategy.
• Efforts to transform the company’s culture and risk management process. Leighton Holdings now to act as the strategic manager.
• Continued divestment of non-core assets (e.g. Nextgen).
• Industry consolidation – Opportunity for Leighton to acquire small companies and gain further niche capabilities.
• Settlement of outstanding claims.
• Targeted rise in share prices.

12. Strategy - Reaction to the issues- new strategy

• I think this can be covered by the previous slide. Vision and strategy go hand in hand.

13. Strategy – What is Leighton operating model? How is it different?

• ????

14. Company analysis – Has Leighton been successful and why?

• ????

15. Company analysis- How have other companies done in same markets

• Charts showing Leighton Revenue and Profits vs Lend Lease and their respective Share prices over the last few years.

16. Company analysis- Outline of ACS takeover of Hochtief

• Summary of the key facts and issues surrounding the hostile takeover.
• I do like the idea of using a pic of the Hochtief workers holding placards. The fish eating fish slide is also good stuff.

17. Company analysis – What has changed since Hochtief was bought by ACS

• ACS have started to make their presence felt.
• ACS member on the board.
• ACS putting pressure on Leighton’s to sell off non-core assets. NextGen was a good earner for Leighton. Thiess Waste similar.
• Hamish Tyrhitt flies to Spain every 6 weeks to meet the ACS board.

18. Company analysis – how have these companies tracked financially and what are their issues ( debt!)

• Brief summary of the current financial situation faced by ACS and Hochtief. ACS recently consolidated their debts. Now they are only in the red for 6 billion Euros!

19. Company analysis – What are the options for ACS/HOCH/LEI considering market projections?

• Continued divestment of non-core assets
• Industry consolidation – acquire small companies and gain further niche capabilities.
• Continue to expand offshore contract mining operations in new markets e.g. Africa, South America, Indonesia, PNG.
• Become an investor and project creator (PPP).

20. Company analysis – What would we do, and what do we think they will do?

• Note that Leighton have had a tough time lately, but this is mainly down to 2 problem projects in Australia and problems with their Al Habtoor business in the Middle East. If it wasn’t for these projects, Leighton’s would not be doing too badly.
• We can speculate that if it were not for the fact that debt ridden ACS were not now at the helm, Leighton would likely consolidate, seek new work and strive to improve profitability. However, pressure from the Spanish overlords means that this cannot be the way forward. They must provide a cash injection and the only way they can do this is by selling off assets.
• We believe that only selling off non-core assets will not cut it with ACS. We believe that Leighton will be forced to sell off one of their main subsidiaries. Given the recent announcement that John Holland will hand over its mining works to Thiess, we believe that John Holland is the one being prepared for sale.

21. Company analysis – How successful do we think this will be and why

• Selling John Holland would provide ACS with a substantial cash injection, which will help their debt situation.
• John Holland would almost certainly be bought by an overseas company. This is likely to open the door for other overseas companies entering the Australian market. This opens the doors for some of ACS’s other subsidiaries to enter the market and get a piece of the pie.

22. Future- Where will Leighton sit in oz? outside oz

• Resource related revenues account for around 40% of Leighton’s revenues. Contract mining proved to be resilient during previous economic down-turns and is expected to remain that way.
• Expansion in mining in Affrica.
• Revenues from non-resource related construction is likely to get weaker due to reductions in spending and increased competition from overseas contractors.

23. Future- If mining goes down the swanny, what will they do? Ditto govt spending?

• As noted above, contract mining proved to be resilient during previous economic down-turns and is expected to remain that way. Unlikely to go “down the swanny”.

24. Future – Leighton SWOT

• This should slot in between 6 and 7.

Similar Documents

Free Essay

Thesis

...Kingsford Smith Drive Upgrade Mahdi Mohammad (n9428691) Queensland University of Technology Table of Contents ABSTRACT 3 1.0. INTRODUCTION 3 2.0. NEED FOR THE INITIATIVE 5 3.0. INITIATIVE’S LIFECYCLE 5 Initial Planning 6 Procurement 7 Design 9 Development 10 Delivery 11 Operation and Maintenance 11 Retirement 13 Civil Engineering Research 13 4.0. CIVIL ENGINEERING SYSTEM 15 5.0. STEWARDSHIP OF THE INITIATIVE 16 6.0. VALUES REGARDING THE INITIATIVE 16 Economic 16 Social 17 Sustainability 17 Political 18 7.0. ONLINE DISCUSSION FORUM REVIEW 19 8.0. CONCLUSIONS AND INFORMED POSITION 20 Conclusions 20 Informed Position 20 ACKNOWLEDGMENTS 21 REFERENCES 22 ABSTRACT The Brisbane City Council is embarking on the project of completing the staged upgrade of Kingsford Smith Drive to decrease traffic congestion and advance safety on the busy road. The Kingsford Smith Drive is a major lane connecting Brisbane CBD to the Brisbane Airport, Port of Brisbane, North-shore Hamilton, and the Australia Trade Coast area. The road was called after the aeronaut Charles Kingsford Smith. It links the suburb of Pinkenba to the Brisbane central business district at the Breakfast Creek. The Roadis categorized as a primary freight route. The demand for transportation of freight on Kingsford Smith Drive is anticipated to grow promptly. Construction of the phase one of the projects that widened a portion of Kingsford Smith Drive from four to six lanes was accomplished in mid-2011...

Words: 4730 - Pages: 19

Premium Essay

Annual Report

...ANNUAL REPORT 2013 CONTENTS Chairman’s Review Managing Director’s Review Financial Results Board of Directors Senior Management Corporate Governance Statement Financial and Statutory Reports Directors’ Report Financial Report Income Statement Statement of Comprehensive Income Statement of Financial Position Statement of Cash Flows Statement of Changes in Equity Notes to the Financial Statements 1. Summary of Significant Accounting Policies 2. Segment Reporting 3. Revenue 4. Income Statement Disclosures 5. Income Tax Expense 6. Cash and Cash Equivalents 7. Trade and Other Receivables 8. Inventories 9. Other Financial Assets 10. Investment in Joint Venture Entity 11. Investments in Bottlers’ Agreements 12. Property, Plant and Equipment 13. Intangible Assets 14. Impairment Testing of Investments in Bottlers’ Agreements and Intangible Assets with Indefinite Lives 1 2 3 4 6 7 14 14 59 59 60 61 62 63 64 64 72 74 74 76 77 78 79 79 79 80 81 82 83 15. Trade and Other Payables 16. Interest Bearing Liabilities 17. Provisions 18. Deferred Tax Liabilities 19. Defined Benefit Superannuation Plans 20. Share Capital 21. Shares Held by Equity Compensation Plans 22. Reserves 23. Employee Ownership Plans 24. Dividends 25. Earnings Per Share (EPS) 26. Commitments 27. Contingencies 28. Auditors’ Remuneration 29. Business Combinations 30. Key Management Personnel Disclosures 31. Derivatives and Net Debt Reconciliation 32. Capital and Financial Risk Management 33. Related Parties 34. CCA Entity...

Words: 65942 - Pages: 264

Free Essay

Hyihui

...Efficient Operations Rapid Expansion FORTESCUE METALS GROUP LTD IS AUSTRALIA’S NEW FORCE IN IRON ORE. Fortescue’s 155 million tonne per annum (mtpa) transformation is underway. Existing operations at Cloudbreak and Christmas Creek have ramped up to 55mtpa and construction has begun on infrastructure to grow production at the Chichester Hub to 90mtpa. Expansion work is taking place across the integrated rail and port supply chain and construction is well underway at Fortescue’s next mining operation, the Solomon Hub. Ramp up to a 60mtpa operation at the Solomon Hub is scheduled for June 2013. The development pipeline continues to grow with Fortescue’s resource inventory now totalling more than 10 billion tonnes, positioning your Company as one of the world’s major resource powerhouses. The year ahead is an exciting one for your Company as we continue to increase production at our existing minesites and transform to a 155mtpa resource powerhouse through the development of the Solomon Hub. Cover Image: part of Fortescue’s second reclaimer arriving at Herb Elliott Port. 4 Chairman’s Statement 7 Chief Executive Officer’s Statement 9 3 Operations Report 12 Reserves and Resources Report 14 Sustainability Report 24 Corporate Governance 33 Financial Report 34 Directors’ Report 44 Remuneration Report 63 Auditor’s Independence Declaration 64 Financial Statements 120 Directors’...

Words: 57597 - Pages: 231

Free Essay

Bloodlines of the Illuminati

...hand doesn’t always tickle the ear and warm the ego of its listeners. The light of truth in this book will be too bright for some people who will want to return to the safe comfort of their darkness. I am not a conspiracy theorist. I deal with real facts, not theory. Some of the people I write about, I have met. Some of the people I expose are alive and very dangerous. The darkness has never liked the light. Yet, many of the secrets of the Illuminati are locked up tightly simply because secrecy is a way of life. It is such a way of life, that they resent the Carroll Quigleys and the James H. Billingtons who want to tell real historical facts rather than doctored up stories and myths. I have been an intense student of history since I could read, and I am deeply committed to the facts of history rather than the cover stories the public is fed to manipulate them. I do not fear the Illuminati...

Words: 206477 - Pages: 826

Premium Essay

Bcorespondence

...UNIT 1 INTRODUCTION TO BUSINESS WRITING Correspondence is essential in establishing and confirming transactions in commerce, it reflects you or your business. Therefore what is written and how it is expressed is as much a part of business education as accountancy and economics. Definition of a Business Letter The business letter is the basic means of communication between two companies. It is estimated that close to 100 million Business Letters are written every workday. It is a document typically sent externally to those outside a company but is also sent internally to those within a company. Purpose of a Business Letter The first question for any writer should be, "Why am I writing?" "What is my goal or my purpose for writing?" For many writing contexts the long–range purpose of writing is to communicate to a particular audience. In order to communicate successfully to your audience, understanding your purpose for writing will make you a better writer. Purpose is the reason why you are writing. You may write a grocery list in order to remember what you need to buy. You may write a laboratory report in order to carefully describe a chemistry experiment. You may write an argumentative essay in order to persuade someone to change the parking rules on campus. You may write a letter to a friend to express your excitement about her new job. Notice that selecting the form for your writing (list, report, essay...

Words: 11917 - Pages: 48

Premium Essay

Thesis

...Business risks facing mining and metals 2012–2013 Organizations that succeed do so because they are best able to optimize the risk and reward equation for both strategic and operational issues. Contents The Ernst & Young business risk radar for mining and metals Executive summary The top 10 business risks 1. Resource nationalism 2. Skills shortage 3. Infrastructure access 4. Cost inflation 5. Capital project execution 6. Social license to operate Editorial — Prospects and perils: facing up to political risks in mining and metals 7. Price and currency volatility 8. Capital management and access 9. Sharing the benefits 10. Fraud and corruption 3 4 10 11 14 17 20 23 26 28 32 35 38 40 Under the radar Getting prepared 42 46 The Ernst & Young business risk radar for mining and metals Up from 2011 Down from 2011 Same as 2011 New entry The risks closest to the center of the radar are those that pose the greatest challenges to the mining and metals sector in 2012 and into 2013. The business risk report Mining and metals 2012–2013 3 Executive summary 4 The business risk report Mining and metals 2012–2013 A more complex and extreme risk environment “The bottom line is that if returns start to wane, then there is a greater imperative for organizations to tightly and more effectively manage their risks to maintain an adequate risk/reward balance.” Mike Elliott Global Mining and Metals Leader, Ernst & Young On the surface, the top...

Words: 26988 - Pages: 108

Premium Essay

Ceo Advertising Company

...GROW RICH WHILE YOU SLEEP by Ben Sweetland Published by Melvin Powers ILSHIRE BOOK COMPANY 2015 Sherman Road No. Hollywood, California 91605 Telephone: (213) 875-1711 © 1962 by Prentice-Hall, Inc. All rights reserved, including the right to reproduce this book, or any portions thereof, in any form, except for the inclusion of brief quotations in a review. Library of Congress Catalog Card Number 62-16321 Printed in the United States of America 36560-T Wilshire Book Company edition is published by special arrangement with Prentice-Hall, Inc., Englewood Cliffs. N. J. ISBN 0-87980-038-0 Printed by HAL LEIGHTON PRINTING COMPANY P.O. Box 3952 North Hollywood, California91605 Telephone: (213) 983-1105 GROW RICH WHILE YOU SLEEP By Ben Sweetland 95% of all human problems stem from a negative mind. This figure includes such traits as timidity, domestic discord, business failure, bad memory, tenseness, unhappiness, worry, etc. You can do something about it... while you sleep! You are a mind with a body attached, not a body with a mind attached! Realize this and you are on your way to self-mastery. This is the new approach to the Conscious Mind through the other level that never sleeps, the Creative Mind. What you will discover is priceless! This book shows how to use the deepest thinking part of you, while you sleep, to get whatever you want out of life . . . money, personal influence, love, respect and admiration. At will, you can direct your Creative Mind to assist...

Words: 72480 - Pages: 290

Free Essay

Mba Student

...Government of India Ministry of Finance Department of Economic Affairs Public Private Partnership Projects in India Compendium of Case Studies c Government of India Ministry of Finance Department of Economic Affairs Public Private Partnership Projects in India Compendium of Case Studies December 2010 Public Private Partnership projects in India Compendium of Case Studies © Department of Economic Affairs All rights reserved Published by: PPP Cell, Department of Economic Affairs Ministry of Finance, Government of India New Delhi-110 001, India www.pppinindia.com Disclaimer This Compendium of Case Studies has been prepared as a part of a PPP capacity building programme that is being developed by the Department of Economic Affairs, Ministry of Finance, Government of India (DEA) with funding support from the World Bank, AusAID South Asia Region Infrastructure for Growth Initiative and the Public Private Infrastructure Advisory Facility (PPIAF). A consulting consortium, consisting of Economic Consulting Associates Limited (ECA) and CRISIL Risk and Infrastructure Solutions Limited (CRIS), commissioned by the World Bank, has prepared this compendium based on extensive external consultations. ECA and CRIS have taken due care and caution in preparing the contents of this compendium. The accuracy, adequacy or completeness of any information contained in this toolkit is not guaranteed and DEA,World Bank, AusAID, PPIAF, ECA or CRIS are not responsible...

Words: 73739 - Pages: 295

Premium Essay

Business

...cover cover next page > Cover Business, Management and Finance Small Business; Entrepreneurship title author publisher isbn10 | asin print isbn13 ebook isbn13 language subject publication date lcc ddc subject : : : : : : : Entrepreneurship and Small Business Burns, Paul. 0333914732 9780333914731 9781403917102 : : : : cover next page > file:///Z|/_==%CF%CE%C8%D1%CA==/Entrepreneurship%.../0333914732__gigle.ws/0333914732/files/cover.html [06.10.2009 1:01:58] page_i < previous page page_i next page > page_i next page > Page i Entrepreneurship and Small Business < previous page file:///Z|/_==%CF%CE%C8%D1%CA==/Entrepreneurship%...0333914732__gigle.ws/0333914732/files/page_i.html [06.10.2009 1:02:00] page_ii < previous page page_ii next page > page_ii next page > Page ii < previous page file:///Z|/_==%CF%CE%C8%D1%CA==/Entrepreneurship%2...0333914732__gigle.ws/0333914732/files/page_ii.html [06.10.2009 1:02:00] page_iii < previous page page_iii next page > page_iii next page > Page iii Entrepreneurship and Small Business Paul Burns < previous page file:///Z|/_==%CF%CE%C8%D1%CA==/Entrepreneurship%2...333914732__gigle.ws/0333914732/files/page_iii.html [06.10.2009 1:02:00] page_iv < previous page page_iv next page > Page iv © Paul Burns 2001 All rights reserved. No reproduction, copy or transmission of this publication may be...

Words: 182024 - Pages: 729

Premium Essay

Title

...This page intentionally left blank Entrepreneurship Second Edition William Bygrave Babson College Andrew Zacharakis Babson College John Wiley & Sons, Inc. To Frederic C. Hamilton and John H. Muller, Jr., pioneers, entrepreneurs, and benefactors of Babson College. VICE PRESIDENT AND PUBLISHER EDITOR EDITORIAL ASSISTANT MARKETING MANAGER PHOTO EDITOR DESIGNER PRODUCTION MANAGER SENIOR PRODUCTION EDITOR GEORGE HOFFMAN LISE JOHNSON SARAH VERNON KAROLINA ZARYCHTA HILARY NEWMAN RDC PUBLISHING GROUP SDN BHD JANIS SOO JOYCE POH Cover image © panorios/iStockphoto This book was set in 10.5/12pt Adobe Garamond by Laserwords Private Limited and printed and bound by RR Donnelley. The cover was printed by RR Donnelley. This book is printed on acid free paper. Founded in 1807, John Wiley & Sons, Inc. has been a valued source of knowledge and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Our company is built on a foundation of principles that include responsibility to the communities we serve and where we live and work. In 2008, we launched a Corporate Citizenship Initiative, a global effort to address the environmental, social, economic, and ethical challenges we face in our business. Among the issues we are addressing are carbon impact, paper specifications and procurement, ethical conduct within our business and among our vendors, and community and charitable support....

Words: 60876 - Pages: 244

Premium Essay

Hello

...IMPLEMENTATION OF QUALITY MANAGEMENT: AN INTERNAL MARKETING PERSPECTIVE Principal Author Prof. Dr. Zahid Mahmood Department of Management Sciences BahriaUniversity, Naval Complex, Sector E-9, Islamabad, Pakistan Cell: +92-300-5301240 Office: +92-51-9260002 Ext. 260 zahid@bahria.edu.pk Biographical Note: Dr. Zahid Mahmood is a Professor of Total Quality Management at Bahria University Islamabad, Pakistan. He has published numerous articles and books. His papers have received world wide acclamation. He holds M.Com from the University of Punjab, Pakistan, MBA from the University of Wollongong NSW and PhD from University of Western Sydney Australia. Corresponding Author & Co-Author Sobia Mahmood PhD Scholar & Research Asistant Department of Management Sciences BahriaUniversity, Naval Complex, Sector E-9, Islamabad, Pakistan Cell: 0321-5342940 Office: +92-51-9260002 Ext. 260 sobia.mahmood1@gmail.com; sobia.mahmood@bahria .edu.pk Biographical Note: Sobia Mahmood is a Research Assistant & Visiting Faculty at Bahria University, Pakistan. At present, she is a PhD scholar at Bahria University, Pakistan. She has published numerous articles on Management. She holds MBA from University of Arid Agriculture, Pakistan, MEd & BEd from Allama Iqbal Open University, Pakistan and MS from SZABIST, Pakistan. Co-Author Muhammad Ayub Siddiqui PhD Scholar & Asistant Professor, Department of Management Sciences BahriaUniversity, Naval Complex...

Words: 83861 - Pages: 336

Premium Essay

Kelly & Nokes

...Now the perfect companion for anyone sitting the PMI’s PMBOK exams THE DEFINITIVE 2ND EDITION PROJECT MANAGEMENT THE FAST TRACK TO GETTING THE SEBASTIAN NOKES AND SEAN KELLY GUIDE TO JOB DONE ON TIME AND ON BUDGET the definitive guide to project management In an increasingly competitive world, we believe it’s quality of thinking that gives you the edge – an idea that opens new doors, a technique that solves a problem, or an insight that simply makes sense of it all. The more you know, the smarter and faster you can go. That’s why we work with the best minds in business and finance to bring cutting-edge thinking and best learning practice to a global market. Under a range of leading imprints, including Financial Times Prentice Hall, we create world-class print publications and electronic products bringing our readers knowledge, skills and understanding, which can be applied whether studying or at work. To find out more about Pearson Education publications, or tell us about the books you’d like to find, you can visit us at www.pearsoned.co.uk the definitive guide to project management the fast track to getting the job done on time and on budget Second Edition SEBASTIAN NOKES AND SEAN KELLY PEARSON EDUCATION LIMITED Edinburgh Gate Harlow CM20 2JE United Kingdom Tel: +44(0)1279 623623 Fax: +44(0)1279 431059 Website: www.pearsoned.co.uk First published 2003 Second edition published in Great Britain 2007 © Aldersgate Partners LLP 2003 © Casnus Limited...

Words: 144594 - Pages: 579

Premium Essay

Relationships

...[pic] Christian Relationships Unit 1: Worship 1. Preliminary concerns 1.1. Misconceptions about worship The first popular misconception is that ‘worship is singing’. We treat ‘worship’ and ‘singing praises’ as synonymous terms. We speak as if they are the same thing. To reduce worship to singing is to dilute the biblical concept of worship in a way that is grossly irresponsible. It reduces the richness of biblical worship to one of its components. Yet when many Christians today commonly speak about worship, they mean nothing more than ‘singing’. |When you think or speak of worship, do you automatically associate it with ‘singing worship songs’? Is this the common usage| |in your church? If so, how do you think this fault crept into your vocabulary? | | | There are probably many ways this misconception has crept into our language and our thought. One key factor is that we have tended to label Christian music as ‘worship’, and we often call the person who leads the singing in our churches ‘the worship leader’. Unfortunately, this has caused us to equate worship with singing. A second misconception is that ‘worship is something we do on special occasions’. Worship is what we do when we gather with God’s people. The activities that make...

Words: 60316 - Pages: 242

Free Essay

Stars Without Number

...STARS WITHOUT NUMBER For Eden, who gave me a reason. TABLE OF CONTENTS Introduction ..............................................................................................................5 Character Creation ....................................................................................................7 Psionics ...................................................................................................................25 Equipment ..............................................................................................................33 Systems ...................................................................................................................59 The History of Space ...............................................................................................71 Game Master’s Guide ..............................................................................................78 World Generation ...................................................................................................87 Factions .................................................................................................................113 Adventure Creation ...............................................................................................128 Alien Creation .......................................................................................................138 Xenobestiary ........................................................................

Words: 143564 - Pages: 575

Premium Essay

Whatever

...In Other Words This book addresses the need for a systematic approach to the training of translators and provides an explicit syllabus which reflects some of the main intricacies involved in rendering a text from one language into another. It explores the relevance of some of the key areas of modern linguistic theory and illustrates how an understanding of these key areas can guide and inform at least some of the decisions that translators have to make. It draws on insights from current research in such areas as lexical studies, text linguistics and pragmatics to maintain a constant link between language, translation, and the social and cultural environment in which both language and translation operate. In Other Words examines various areas of language, ranging from the meaning of single words and expressions to grammatical categories and cultural contexts. Firmly grounded in modern linguistic theory, the book starts at a simple level and grows in complexity by widening its focus gradually. The author explains with clarity and precision the concepts and theoretical positions explored within each chapter and relates these to authentic examples of translated texts in a variety of languages, although a knowledge of English is all that is required to understand the examples presented. Each chapter ends with a series of practical exercises which provide the translator with an opportunity to test the relevance of the issues discussed. This combination of theoretical discussion and...

Words: 109520 - Pages: 439