Originally Posted by
Harold77
This is the public release of the full year end accounts. There was a preliminary accounts findings announcement during the summer.
and the last full accounts published at the end of March - that's my excuse, and I'm sticking to it!
Seems that they have high hopes for Freeport status. The 50/50 split is for the Southside business park
No accountant but a couple of other things caught my eye:
- Looks like TIA paid for the Draken hangar;
- All borrowing is from TVCA (i.e. you and me), rather than on the commercial markets;
- from memory, the councillor directors don't get paid - two of the current independent directors are also associated with firms who have been paid for consultancy
- apparently the freight centre is in a 'purpose-built' hangar