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Ann: IBM/Health & Wellness 360 Announcement, page-14

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Indytrader1988

6,111 Posts.

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14/09/21

12:47

Post #: 56049174
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Originally posted by byebye925: ↑

I hope this helps:
The 7m in employee payments is understandable and acceptable IMO. The employee payments were 6.8m the previous year and the company has been gearing up for the IBM / VA implementation. They have known for a long time that this deal was going to be signed off but the US government has worked a a painstakingly slow pace.
I am not seeing 12m as a liability. Total liabilities is only 6m ??? and Toatl assets is $24m.
I see 12m in the cashflow as payments to suppliers and employees of which 7m is represented in the P&L.

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yes sorry its in the cashflow

TTB Price at posting: 28.0¢ Sentiment: None Disclosure: Not Held
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