Quote:
Originally Posted by 8cd03gro
So you're saying without the costs of restructuring, they still posted a loss... so where is the money coming from to pay back the loans? It's not like restructuring costs don't lose real money. If they spend that money and don't make it back, it's a loss. They are 3.4 billion short of where they were at the beginning of the 4th quarter. Even if you don't count the restructuring costs, they still posted a net loss. You can't pay back loans with no profit whatsoever and losses to boot. So again, where is this money going to come from?
I'll believe it when I see it.
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It's clear you know nothing about accounting. Just cause you lose money one year doesn't mean you don't have any. It's called retained earnings and cash on hand which aren't in those numbers they are reporting. My company lost 18 million in 2008 yet we still had more then 50 million in retained earnings. You can't just take the last year and assume thats the current state of a company.