yeah it's old school like the BA VS argument, however you must admit a private company can do a lot lot lot more clever accounting than a plc which is open to public scrutiny.
Morning vs-Lhr
Morning, Scooby.
Private companies may not have publish quite as much detail as a public company, but they are still obliged to report everything in their accounts; and those figures have to balance. You can't simply syphon off funds elsewhere - the tax man would have something to say about that, and a company the size and profile of Virgin would be foolish to say the least to even consider it.