debunk this mr mul director A copy of Grants analysis on MUL....Where is it wrong?
Please explain................we are waiting.
Subject re: grant62 & pillman eat s#%t
Posted 18/10/03 12:57 - 245 reads
Posted by Grant62
Post #160156 - in reply to msg. #160140 - splitview
A correction to my earlier comment (for which I apologise):
"This is still the same company that had a net asset deificency of $1.0M just 3 months ago, and total assets of ~$7.5M ($6.0 after excluding goodwill)".
According to the PFR03 results, total assets were $6.2M at 30/6, including $1.55M in intangibles. Excluding for intangibles, tangible total assets were $4.65M (or $4.3M, excluding "other" in all asset and liability columns).
MUL's asset base (30/6) comprised:
cash (C) = $194K
receivables (C) = $2,727K
inventories (C) = $874K
other (C) = $414K
plant & equipment (NC) = 429K
other (NC) = $49K
intangibles (NC) = $1,550K
Liabilities totalled $7,278K, comprising:
payables (C) = $4,301K
debt (C) = $2,279K
provisions (C) = $216K
other (C) = $112K
debt (NC) = $94K
provisions (NC) = $277K
The net asset deficiency was $1,042K.
All the best,
Grant62
MUL
multiemedia limited
