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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. icon_biggrin.gif

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[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



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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Quote: UllFC "the difference between Hulls profit and Rovers loss is 293k...!'"


Are you sure about that?

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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 icon_lol.gif

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Quote: Gordon Gekko "That would take a collossal breach of standard accounting practice
They don't know what you mean! icon_lol.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 icon_lol.gif

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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover
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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover



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