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Author Topic: Finances  (Read 993 times)

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Roversfan1

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  • Posts: 28
Finances
« on June 21, 2019, 12:38:53 pm by Roversfan1 »
I won't pretend to be an expert in finance, but I do like looking through the numbers on companies house of various companies for a nosey.

With drfc I can see a section with retained earnings of over £31million? Quick google describes this as money left over after expenses, taxes etc...

Does this mean it could be invested?

I'm a noob
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big fat yorkshire pudding

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Re: Finances
« Reply #1 on June 21, 2019, 12:43:46 pm by big fat yorkshire pudding »
Bit simplistic but it's basically your net profit (with more complications).
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Roversfan1

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  • Posts: 28
Re: Finances
« Reply #2 on June 21, 2019, 12:51:56 pm by Roversfan1 »
Fair enough, like you said I'm sure it's not that simple, but in my mind that's money sat there waiting to be invested....wishful thinking.
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big fat yorkshire pudding

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Re: Finances
« Reply #3 on June 21, 2019, 01:01:36 pm by big fat yorkshire pudding »
It's not unfortunately.
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