my revised nta calc arrives at 1.711, page-11

"I tend to take a simpler approach. I ignore the change in property values as they are only important if they are sold or for sale. I look at the income and the expenditure. If the income can consistantly exceed the expenditure then there must be a profit. If the business is profitable then it should survive"

I totally agree, let hope the bankers agree as well.

in the long term properties do not depreciate, everyone know this. the bankers syndicate are just heartless thug, taking advantage of centro unfortunate situation.

after this crisis ended, all business should take notice and avoid dealing with finance thugs where possible. the government as bail out the thugs, the thugs in turn drive hard bargain to their once valuable client.