14,583

[D_One]

No they wont. They will have to be maintained. Not replaced. Those maintenance costs are already accounted for in our expenses regardless. So try again.

Depreciation is an expense and you posted a $611K loss.

 

[headache1]

14,583

 

[Heafy83]

Depreciation is an expense and you posted a $611K loss.

parrot.jpg

 

[D_One]

parrot.jpg

Did you know that depreciation is an expense and that you posted a $611K loss?

 

[Heafy83]

Did you know that depreciation is an expense and that you posted a $611K loss?

parrot.jpg

 

[D_One]

parrot.jpg

So you did know that depreciation is an expense and that you posted a $611K loss?

 

[CrowEater888]

Did you know that depreciation is an expense and that you posted a $611K loss?

Since you seem to know so much about accounting, what form of depreciation method do you think was used?

 

[jackster83]

We get to negotiate a new stadium deal. Unlike Futile Park, but like most other stadia around the country some stands will be able to be closed. Port will be able to hire a lower configuration (eg 25K or 35K) at a lower cost. The Camry Crows will have to hire the full 55K configuration at full price. Lets hope you start averaging more than 36K.

Again, for Kaysee's benefit I will bring the topic of finals up as he seems to be struggling with the concept of how it affects crowd numbers.

In your last home final, 43,953 rocked up. Where have those 29,370 people gone? Nursing homes?

 

[Heafy83]

So you did know that depreciation is an expense and that you posted a $611K loss?

parrot.jpg

 

[Geoffa32]

So you did know that depreciation is an expense and that you posted a $611K loss?

No mention of depreciation in any of Port's published financials. What are they trying to hide?

 

[Geoffa32]

We get to negotiate a new stadium deal. Unlike Futile Park, but like most other stadia around the country some stands will be able to be closed. Port will be able to hire a lower configuration (eg 25K or 35K) at a lower cost. The Camry Crows will have to hire the full 55K configuration at full price. Lets hope you start averaging more than 36K.

Why do you think the SANFL ousted Haysie and handpicked Keefey for the job just before the Stadium Deals are to be negotiated.

You wont be playing anywhere other than Adelaide Oval, unless the franchise moves to another city.

 

[D_One]

Since you seem to know so much about accounting, what form of depreciation method do you think was used?

The Camry Crows are using stright line over 20 years.

 

[Geoffa32]

The Camry Crows are using stright line over 20 years.

What do Port use?

 

[D_One]

No mention of depreciation in any of Port's published financials. What are they trying to hide?

What's that got to do with the fact the Heafy is a deluded fool that thinks the Camry Crows made a profit last year?

 

[D_One]

Why do you think the SANFL ousted Haysie and handpicked Keefey for the job just before the Stadium Deals are to be negotiated.

You wont be playing anywhere other than Adelaide Oval, unless the franchise moves to another city.

What has that got to do with the fact that the Kamry Krows Korp are having their third worse attendances in a year they will probably finish top 4?

 

[D_One]

What do Port use?

What has that got to do with the fact that the Kamry Krows Korp posted a loss due to them using 5% straight line depreciation?

 

[Bender_]

No surprise that the paltry crowd number comes in another Freo game.

 

[Geoffa32]

What's that got to do with the fact the Heafy is a deluded fool that thinks the Camry Crows made a profit last year?

What has that got to do with the fact that the Kamry Krows Korp are having their third worse attendances in a year they will probably finish top 4?

What has that got to do with the fact that the Kamry Krows Korp posted a loss due to them using 5% straight line depreciation?

Can't answer the questions can you?

 

[Heafy83]

What's that got to do with the fact the Heafy is a deluded fool that thinks the Camry Crows made a profit last year?

We did make an operating profit. Its in our financials for all to see. If you want to bring immaterial and intangible depreciation calculations into it be my guest. I just know from all the income that came in and all the expenses that where PAID out we made a profit.

 

[D_One]

Can't answer the questions can you?

Can you?

 

[Geoffa32]

We did make an operating profit. Its in our financials for all to see. If you want to bring immaterial and intangible depreciation calculations into it be my guest. I just know from all the income that came in and all the expenses that where PAID out we made a profit.

Matt does not know what Operating Profit means........

 

[D_One]

We did make an operating profit. Its in our financials for all to see. If you want to bring immaterial and intangible depreciation calculations into it be my guest. I just know from all the income that came in and all the expenses that where PAID out we made a profit.

Except for depreciation ... which is an expense, you know.

 

[Geoffa32]

Can you?

Nope

But for the AFC we can, nothing to hide there. Full set of statements with notes.

 

[D_One]

Matt does not know what Operating Profit means........

Please educate me then Gobba.

 

[Geoffa32]

Except for depreciation ... which is an expense, you know.

When you get past "Bookkeeping 101" you will understand how stupid you look with that statement.