CNP 0.00% 4.0¢ cnpr group

nta again, page-10

  1. 669 Posts.


    Hope you said in your first post

    "Centro Properties has negative net assets of $238 million"
    I don't understand as in the last result they said NTA is 0.69 which doesn't include services business. how come in annual report they have negative net asset now."


    What I was trying to point out was that you were looking at negative net assets from Centro Properties and nta from Centro Properties Limited and controlled entities . If you look at the net assets for centro properties and controlled entities they are positive, and the nta is $0.69.
    If you look at net assets for Centro Properties ,which is what you did, the net assets are($238321) and the nta is negative
    You were comparing net assets of Centro Properties with nta of Centro Properties limited and controlled entities.
 
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