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re: Panther's Financials Leaked, $112mil In Profits 2010-2012
Posted on 3/7/13 at 8:16 pm to BBONDS25
Posted on 3/7/13 at 8:16 pm to BBONDS25
No, I think the stadium was only listed at $57MM. And it would be depreciated over 31 years so no way that much relates to the stadium. Didn't look like their fixed assets took a big jump either in 2012. Maybe they included amortization of contracts or something in there. I dunno, I already closed the link.
Netflix time for me.
Netflix time for me.
1
Posted on 3/7/13 at 8:28 pm to Tiger n Miami AU83
It is, its purely amortization of contracts. Simplistically, signed more people (higher capitalized asset aka "Player Contracts - net") and thus higher amortization expense on the I/S.
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