FORUMS > Hull KR > All clubs financials profit/loss... |
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26861_1265303279.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_26861.jpg |
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| Quote: Mrs Barista "Rubbish. Why not download the accounts? You can see that the valuations impact the balance sheet only.
Fixed assets. 280,000 (within tangible fixed asset note in accounts to 2007)
Intangibles (player valuations) 942,500
Total. 1,222,500 Assets in balance sheet November 2008
Revaluation reserve 1,222,500 in balance sheet November 2008
Perhaps you can articulate the p&l impacts of these equal and opposite balance sheet items?
No problem with that Mrs B. Like I said, I've not checked the figures myself but if thats what you say they are fair enough.
The point still stands - and to be honest you have helped prove it - that with any accounts, you need to understand what is behind the headline figures in order to fully understand them.
Now then, I'm off to empty this keepnet. It's rather full.
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Player Coach | 5659 | |
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Mar 2007 | 18 years | |
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32444_1318716838.jpg [quote="Philip Larkin":2lhqd089]
There ain’t no music
East side of this city
That’s mellow like mine is,
That’s mellow like mine.
[/quote:2lhqd089]:d7dc4b20b2c2dd7b76ac6eac29d5604e_32444.jpg |
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| Quote: Gordon Gekko "It can also help boost a company's credit rating
Sheesh, Michael! Is that so?
Rovers'd better start employing this mighty quick then!
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Rank | Posts | Team |
Player Coach | 30290 | |
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Mar 2007 | 18 years | |
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32641_1503834456.jpg The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg |
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| Quote: UllFC "the difference between Hulls profit and Rovers loss is 293k...!'"
Are you sure about that?
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Player Coach | 5139 | No Team Selected |
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27608.jpg Motto of the week -
It is the way of the weak to secretly bleat to those in authority rather than fight their own battles.:27608.jpg |
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| Quote: WormInHand "Sheesh, Michael! Is that so?
Rovers'd better start employing this mighty quick then!'"
That would take a collossal breach of standard accounting practice
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Rank | Posts | Team |
Player Coach | 5659 | |
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Mar 2007 | 18 years | |
Online | Last Post | Last Page |
Aug 2024 | Feb 2023 | LINK |
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32444_1318716838.jpg [quote="Philip Larkin":2lhqd089]
There ain’t no music
East side of this city
That’s mellow like mine is,
That’s mellow like mine.
[/quote:2lhqd089]:d7dc4b20b2c2dd7b76ac6eac29d5604e_32444.jpg |
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| Quote: Gordon Gekko "That would take a collossal breach of standard accounting practice
They don't know what you mean!
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Rank | Posts | Team |
Player Coach | 643 | No Team Selected |
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Aug 2006 | 18 years | |
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27235.gif :27235.gif |
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| Quote: UllFC "
the way the SL teams accounts are going it'll be a 2 horse championship between us and Leeds in a couple of years!'"
That would be interesting being a hull fan played 27 lost 27
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