@MM0 @manny100 [ATTACH] [ATTACH] Am afraid it is NOT $216M in...

  1. abu
    6,677 Posts.
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    @MM0 @manny100

    Morila de- Con.png Morila de- Con 2.png

    Am afraid it is NOT $216M in liabilities.

    You have Provisioning of $ 26,545,076 – Non Current Liability
    Debts that have fallen due $163,467,018 – Current Liability

    TOTAL LIABILITES $190,012,094

    LESS ASSETS
    Short Term Cash & Equivalents $ 63,190,691 – Current Assets
    Long Term Cash & Equivalients $ 15,775,200 – Non- Current Assets

    NET LIABILITES $111,046,203


    LASTLY

    There’s Income Tax Benefits of $ 272,929,914 to which future profits can be applied.

    And as @fooca has pointed out Morila is operating and bringing down debt.

    Quite a pick-up for nominal value.

    … want their cake & eat too?
 
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