- Jul 17, 2008
- 6,649
- 25,849
Can anyone with a brain explain the loss Levy is presenting?
Did we make a >110m profit or not?
If we made a loss, how are we going to begin paying down 850m of debt?
Simple responses only please, without repeating the statement- which I’ve read.
Cheers
Can anyone with a brain explain the loss Levy is presenting?
Did we make a >110m profit or not?
If we made a loss, how are we going to begin paying down 850m of debt?
Simple responses only please, without repeating the statement- which I’ve read.
Cheers
We made an operating profit, however we have had to write down a lot of assets. I'd assume we are clearing the decks, in terms of player depreciation.
That's my take on it (i could be wrong), my work bonuses are usually linked to ebitda and its usually a good marker of the business' health operationally.