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Old 21st Jan 2014, 20:44
  #2552 (permalink)  
racedo
 
Join Date: Nov 2008
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Guys

Assumming its repayable debt (like your mortgage) then capital repayment is never shown on Profit and loss account.

No idea of debt structure used to buy Stansted. Interest charges are................charges not what is physically paid.

What is most important is cash flow........companies go bust making losses, companies go bust making profits, few go bust having very good cash flow.

First 7 months MAG will have done little other than understanding how it works, getting its future plans in order and talking to customers and suppliers.

Would expect the profit to go up very quickly with new ways of doing things and new growth.
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