21.   Edelstenne said the company enjoyed a high level of recurring software revenue as a result of the way in which its product licenses are structured.

22.   During the boom years many companies enjoyed a pension holiday.

23.   Even Halpin, whose company has enjoyed double-digit sales growth, acknowledges that things could have been better.

24.   Financial companies enjoy fatter profits when rates are low.

25.   Financial companies enjoy fatter profits when rates decline.

26.   Fleischer rejected any implication that Archer had played favorites, arguing that petroleum companies enjoyed no tax credits like the ones Archer targeted.

27.   Federal rules on fuel consumption were killing off the gas guzzler even as efficient Asian companies enjoyed great success.

28.   Foreign companies enjoy benefits such as paying no tax for their first two years and paying half the standard tax rate for the following three years.

29.   For years, companies have enjoyed low insurance costs.

30.   Investors are concerned that Chinese government will now cut all subsidies, including preferential tax rates, that H share companies enjoy by the beginning of next year.