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Old 30th May 2021, 10:25
  #528 (permalink)  
Mr Optimistic
 
Join Date: Jun 2009
Location: Bedford, UK
Age: 70
Posts: 1,319
Received 24 Likes on 13 Posts
When is a cost an asset in disguise ?
'continuing to capitalise the costs associated with Airport expansion schemes (DCO and CPAR)'
Or not. Thought about a pun on runway ( as in run away) but can't stand the reputational damage.
Capitalising expenses is a tried and trusted method for distorting the balance sheet. Strip those out to get a better view on shareholders equity.
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