VPG 0.00% $1.79 vodafone group plc.

hbos takeover on track, page-14

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    Sydney, the loss you mention there includes an amount which relates to the downward valuation of their assets. I believe that due to the current accounting rules they have to account for it in their P&L.
    I believe that their actual P&L (excl revaluation) was positive still.

    Please some one correct me if I am wrong.

 
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