CNP 0.00% 4.0¢ cnpr group

look through gearing, page-2

  1. 2,677 Posts.
    Dude, the net equity is based on the value of intangible assets ssuch as the management rights which in turn derive the management revenue. once you sell the properties or the funds, the management rights disappear as does the revenue.

    be careful when reading a balance sheet
 
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