PPRuNe Forums - View Single Post - BA/Ryanair Accounting
View Single Post
Old 10th Apr 2002, 08:52
  #12 (permalink)  
Young Paul
 
Join Date: Nov 2001
Location: Inside the M25
Posts: 2,404
Likes: 0
Received 0 Likes on 0 Posts
Surely the point is that the cost of this maintenance will have to be met at some point down the line. I have no doubt it is acceptable accounting practice - but it is going to hit the profit somewhere. Presumably we might expect to see MOL selling at least some of his shares at the point at which some of the maintenance bills start to come home to roost.
Young Paul is offline