More deaths in the channel.

is that your business or mine.

I work on figures over days weeks and months, not a 1 off.

If my costs go up and I don't increase income I earn less. Its a big step before it is negative.

If my income goes up, I call it an increase, even if expenses increase too

Accuracy important in your business?

Understanding net revenue not important for yours?
 
Oh dear the hard of thinking think that if you spend more than you receive that’s ok.
Who said that ? Where ?

I said an increase in funding is an increase. Costs may have increased too.
Would be foolish to draw any conclusion from that without looking at the detail.

Some people did draw conclusions though didn't they
 
You think that’s cash in the bank ?
The figure in the accounts is for funds held, nothing to do with whether loans are available.

Do you agree that net asset value is everything you have minus everything you owe?

Do you see that their entire net asset value less than this.

How can that be?

Unless they don’t have 800m in the bank.
 
Then we are lost with your “knowledge” of accounting and valuation formulas (google Net Asset Value)

Liabilities are not assets. (They are liabilities)
 
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I’ll keep it simple numbers with brackets around them are usually not good.

Do you think they have 800m of funds available?
 
I’ll keep it simple numbers with brackets around them are usually not good.

Do you think they have 800m of funds available?
Do you "think" you can judge any big organisation by 5 lines of an accounts report ?

I will keep it simple, big numbers need looking at, in detail.
 
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