aguero93:20
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City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)
- Thread starter Marvin
- Start date
Prestwich_Blue
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Yes of course it will.It should be revealed because it should appear in the cash flow statement as both and inflow and an outflow.
OB1
Well-Known Member
Have City released cashflow statements that detailed?
It should be part the financing section of any normal published cash flow statement. Cash flows are supposed to be shown gross so proceeds and repayments should not be netted off.
aguero93:20
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For a public company, City are private and making voluntary publications. I don't actually know tbh as I've only ever had an eye for the P&L due to FFP.It should be part the financing section of any normal published cash flow statement. Cash flows are supposed to be shown gross so proceeds and repayments should not be netted off.
SilverFox2
Well-Known Member
As they are now self sufficient is it as simple as our owner acting as guarantor with Barclays?
OB1
Well-Known Member
For a public company, City are private and making voluntary publications. I don't actually know tbh as I've only ever had an eye for the P&L due to FFP.
They have adopted IFRS and have not taken any FRS 101 exemption on IAS7 requirements.
aguero93:20
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Fair enough. As I said, it's never what I've been looking for in the accounts, cash has been the least of our problems since 2008.They have adopted IFRS and have not taken any FRS 101 exemption on IAS7 requirements.
pardoeofftomexico
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No it can't be used to disguise a transfer if that is what you mean.So can someone clarify. Could the loan money be used against a transfer which will show against the books at a later date.
ChicagoBlue
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“Colin Bell’s Boots” said:Perhaps we wouldn't want to go down that route with Etihad being one of our major supporters following the takeover. But if Etihad were to collapse, then a move to a more financially advantageous deal might be acceptable to the owner ?
No, because we have links to Etihad through the ownership and they've built a lot of goodwill up. You don't fuck over business partners in that sense. Kick people on your way up...
With the same decision maker on both sides of the table, he would pretty much be taking someone else’s money to fund his own venture, not kicking himself up the arse.