CNP 0.00% 4.0¢ cnpr group

cnbc claiming centros assets more than thought

  1. 6,716 Posts.
    CBNC claiming that "centro's liabilities may be more than first thought".

    Based on centro's announcement, this would appear to be incorrect. What centro said, was that the amount of current liabilities relative to non-current liabilities is still unsure. This is a pretty arbitrary accountants distinction between liabilities due 11 months or 13 months in the future. Too much is being made of it, and it changes all the time anyhow as time passes. Centro have said twice that their total reported liabilities are correct.

    They still get mis-reported.
 
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