Hardly any surprises - cash reserves down to 526 m. Profit for 6 months to 12/2007 was 113.3 m. Corresponding period to 12/2008 - (101.4) m. A downward change of 214.7 m.
Over the 6 month period to 12/2008, this loss is 3.9 m per week. That is a real issue for future management of this company. And VA's operating losses are not even in the figures yet.
I wonder what the real operating position is right now, given the severity of the downturn since 31 December.
Last edited by Led Zeppelin; 22nd Feb 2009 at 23:26.