COGS per quarter growing by 0% and year-to-date dropping by 2%. When we exclude Consecana and other costs that are not inherent to the sugar and ethanol business. We believe that the spot for the third and fourth quarter should go up a little bit because we will be getting the impact of the shortfall, but nothing that might negatively impact the margin toward the Company. interview attireThat should stay around 47%, 48% helped by the prices as I said before. The Company’s indebtedness on page eight closed at BRL2.8 billion, a 2% growth when we compare this to 2016. And the composition of the debt, as you can see, there was an operating cash flow of BRL426 million in the half year. Working capital used right up to now BRL300 million, the margin in order to cover our sugar positions BRL112 million, and with the settlement of the [October screen, we expect to refer this] and the hedging for the next year. It’s all without the need to place margin, so the structure is slightly different. And we get to the variation here of net debt going to BRL2.8 billion with the major possibility of reversing this in the next quarter. Both working capital and margin and the indebtedness of the Company, 36% in dollars, 64% in reals and in the short run 28% of the debt, 72% in the long run. By dollar denominated debt [$400 million, for exports of about $600 million].
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That.s why if you are considering religious life it is necessary to get to know particular communities. This however does not imply that they have done well in offering themselves for ordination . She moved away from the pulpit to demonstrate, stepping forward shyly… and then, after standing there looking puzzled, she moved another step forward to where the light had gone, two feet ahead of where she had been standing, and then again, awe in our faith work, she said, stumble along toward where we think were supposed to go, bumbling along, and here is whats so amazing we end up getting exactly where were supposed to be. Women religious are nuns and male religious can be either priests or brothers. And although the candidate has done well in offering himself the answer may be in the negative. But vocation may also coincide with career or grow out of a specific career path. The elements of this vocation are all the interior and exterior helps, the efficacious graces which have led to the taking of the resolution, and all the graces which produce meritorious perseverance. We feel a growing desire to love God and to love our neighbour. The Council of Trent pronounces an anathema on a person who represents as lawful ministers of the Gospel and the sacraments any who have not been regularly ordained and commissioned by ecclesiastical and canonical authority Hess. The basis of our desire to find and to do the will of God should be the belief that God’s will for us is our only chance to be truly and lastingly happy.