@aatisket,
Ah, the difference lies in the use of Pre-Tax Profit (as opposed to Operating Profit) in the calculation of how long it would take to re-pay the principle on the debt.
This makes more sense because not all Operating Profit is available to service reduction in debt principle. Pre-Tax Profit, on the other hand, arises after Interest has been paid (which it must be).
In Q3, 2017, MNK's Operating Income was $109.5m and Net Interest Expense was $93.0m, so Pre-Tax Proft was $16.5m, so $66m, on an annualised basis.
So, Net Debt of $5.7bn divided by $66m = 86 years.
MNK - Form 10Q (lots of information), page-11
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