Income statement - again

Started by powi, August 30, 2010, 07:55:21 AM

powi

Where are these numbers coming from?

I started the game with 5M debp and 5M cash (zero balance).

During the first operating year I made a profit of 42M

During the second operating year I've so far made loss of 72M

I should have negative balance of 30M, however I've 24M debt and 10M in cash so I've only 14M negative balance.

Where did I get that extra 16M that I supposedly have spent?

Aaah! There are loan payments included in those calculations! I've paid 14M of loan payments! That money isn't lost, it's just placed to another pocket. The last 2M is probably lost ro roundings in this post.

Again it took me half an hour to understand that income statement.

schro

Taxes aren't counted as part of the earnings either...

swiftus27

The income statement isn't formatted per GAAP. 

Congrats, this is the 100th thread about the income statement. 

It has joined the ranks of: 

Tattling on the "illegal" names of other airlines.
Bitching about someone hogging slots
Asking for a new feature about adding in flight meals and entertainment
Asking for a new feature about adding for lounges and other premier clubs

and now.....   how the income statement is all jacked up.

Sami should honestly give all of us a free credit.