投资收益

The following income of Enterprises shall be tax-exempted income(1) income from interests on government bonds;(2) income from equity investment income such as dividend and bonus between qualified resident enterprises;(3) income from equity investment such as dividend and bonus obtained from resident enterprises by non-resident enterprises that have set up institutions or establishments in China with an actual relationship with such institutions or establishments;(4) income of qualified non-profit organizations.

企业的下列收入为免税收入：(1)国债利息收入；(2)符合条件的居民企业之间的股息、红利等权益性投资收益；(3)在中国境内设立机构、场所的非居民企业从居民企业取得与该机构、场所有实际联系的股息、红利等权益性投资收益；(4)符合条件的非营利组织的收入。

This article is an introduction and summary of retirement pension system, annuity administration management style and classification, investment tool, capital disposition, capital investment supervision and control, return on investment and corporation annuity tax preference aspect in industrially advanced country, such as the US and UK, etc.

本文就美、英等工业发达国家的养老金体制、年金管理的管理方式及其分类、投资工具、资产配置、投资监管、投资收益和企业年金税收优惠形式的情况进行了介绍和总结。

Year,"launched Fino" real estate projects for the tourism companies have investment income reached 133.1804 million yuan, and Shenzhen's overseas Chinese town real estate Company also offers 12,334.38 million in investment income.

一年间，"波托菲诺"旅游地产项目为公司带来的投资收益达到13318.04万元，此外，深圳华侨城房地产有限公司也带来了12，334.38万元的投资收益。

Returns from these investments, bank savings, the lowest investment income, only 2%-3%, but its risk minimization, and the best liquidity; bond investment income of about 3%— 5 percent, its risk, realized a long time; the real estate rental investment income of about 5%-8%, with less risk, but poor liquidity; investing in stocks or buy new real estate investment, their investment income about 10% or more, but they risk the most, there are too many uncertainties.

这些投资的回报，银行存款，投资收入最低，只有2％-3 ％，但其风险最小化，最好的流动资金；债券投资收益的约3％- 5点，风险，实现很长一段时间；房地产投资租金收入约5％-8 ％，且风险较小，但穷人的流动资金投资于股票或购买新的房地产投资，其投资收益约10 ％或更多，但他们最危险，有太多的不确定因素。

The investable target, investmentoperation procedure and the way of how to gain the investmentprofit of venture investment are very different from thetraditional way of investment.

从投资对象、投资运作程序和投资收益的获得方式等各个方面来看，风险投资和传统的投资方式有着很大的不同。

We also believe that investors can benefit by focusing on their own look-through earnings.

各位可以从下表看出我们是如何计算透视盈余的，不过我还是要提醒各位这些数字有点粗糙，(被投资公司所分配的股利收入已经包含在保险事业的净投资收益项下)我们也相信投资人可以透过研究自己的透视盈余而受益，在算这个东西时，他们就会了解到其个别投资组合所应分配到的真正盈余的合计数，所有投资人的目标，应该是要建立一项投资组合可以让其透视盈余在从现在开始的十年内极大化。

Based on the premiers' outcome, puts forward suggestion to perfect the research in this field.

基于前人成果，本文提出了重新界定人力资本投资收益、完善人力资本投资成本内容、改进人力资本投资决策方法等方面的建议，以期为该领域的研究添砖加瓦。

A standard expected value model for multi-objective multi-stage transmission planning is presented to realize the transmission optimal planning with the control of line overloading risks. In this model, a constraint of overloading risks is built with expected value and standard deviation of random line active power and two objectives are given as expected value of the average power loss and discount value of the investment cost. By modeling uncertain informations with probability theory, the probabilistic DC power flow is adopted for the correlated calculations among random variables in the planning model.4 A novel multi-objective transmission planning approach that considers transmission investment profit is proposed. Requests for transmission investment profit and social welfare are involved in the proposed planning approach.

以方案总投资费用贴现值和平均网损期望值为目标函数，建立多目标多阶段输电网规划的期望值模型，以线路有功潮流过负荷随机变量的期望值和标准差构建过负荷风险约束，考虑了风险发生概率和严重程度两方面的特征，通过对不确定性信息的概率建模，利用概率直流潮流进行各随机变量的相关计算，实现了控制过负荷风险条件下的输电网优化规划。4提出考虑输电投资收益的多目标输电网规划方法，综合考虑市场参与者对输电投资收益和社会总福利的要求加热管及其对输电网规划的影响。

And the superior decision-making is selected which base on completely check and the staidness investigate and make the best of the data to calculate and scientific calculation .the second aspect analyses the investment of stock cerificate: the purpose that enterprise invests long-term stock certificate is obtain the certain investment income by making use of the idle funds .in the long-term stock certificate, investor the appearance of option is another revolution in decision-making..

第二方面从证券投资进行分析：企业进行长期证券投资的目的是为了利用闲置资金来获取一定的投资收益。

Modification of Simple Formula on Bonds Yield to Maturity;2. Application of Real Option in the Credit Management of Bonds;3. This paper analyses the investing value and speculating value of covertible bonds according to the features of their liability contracts and stock call option.

从可转换公司债券的债务合约特征和股票看涨期权特征出发，分析了其投资价值和投机价值，从而构造出可转换公司债券的投资收益曲线；阐述了可转换公司债券投资的最小值原理，对其投资收益的评估进行了讨论；分析了影响可转换公司债券的基本因素及其随这些因素而变化的基本规律。

It has been put forward that there exists single Ball point and double Ball points on the symmetrical connecting-rod curves of equilateral mechanisms.

从鲍尔点的形成原理出发，分析对称连杆曲线上鲍尔点的产生条件，提出等边机构的对称连杆曲线上有单鲍尔点和双鲍尔点。

The factory affiliated to the Group primarily manufactures multiple-purpose pincers, baking kits, knives, scissors, kitchenware, gardening tools and beauty care kits as well as other hardware tools, the annual production value of which reaches US$ 30 million dollars.

集团所属工厂主要生产多用钳、烤具、刀具、剪刀、厨具、花园工具、美容套等五金产品，年生产总值3000万美元，产品价廉物美、选料上乘、质量保证，深受国内外客户的青睐