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Topic: Finances (Read 864 times)
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Roversfan1
Forum Member
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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Finances
«
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June 21, 2019, 12:38:53 pm »
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big fat yorkshire pudding
VSC Member
Posts: 13574
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
Forum Member
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
VSC Member
Posts: 13574
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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