Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

AH thread on Irish Times article on Boards.ie?

Options
2»

Comments

  • Options
    #32
    LoLth
    Registered Users Posts: 10,339 ✭✭✭✭LoLth


    Beasty wrote: »
    €65k is the net liabilities of the company at 31 December 2012. That means it owed more than it has assets to pay.

    /hides gemstone-encrusted-gold-adminning-hat under multi-mink-ass-cushion

    that's a lot of money. wonder what they could have spent all that on. Its not like websites cost anything to run, sure its the internet! its all free..... isn't it?


  • Options
    #33
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    K-9 wrote: »
    Not in a P&L account though (sorry for the accountancy stuff).

    Assets would be in a Balance Sheet and would be used to show the value of the company. You could have a company making losses but still worth a considerable sum.
    Twitter being case in point. For the last quarter 2013, Twitter reported making a profit of $10m. The first time it had ever reported a profit. That figure was not inclusive of any one-off investments Twitter had made (you can be sure there were a few).

    In the middle of that same quarter, the company floated on the stock market with a value of $31bn.


Advertisement