beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,955
usually becuase its operating profits, not a net cash surplus, from which debt payments, investment and other numbers are subtracted. dividends can be paid regardless of profit, either operating or cash.How are they following the rules if they pay zero Corp tax whilst making huge profits and dividend payments?
Didn't think dividends offset Corp tax
something odd about the latest news, £14bn debt and budget blackholes. that debt is there in their accounts, growing a bit each year, its not a sudden revelation. also share price bearly reacted. something else afoot or gross misreporting.
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