RE:RE:RE:RE:Something is amissCANCDN wrote: I suspect, and I bet I am right, and an analyst will ask this on the call, but that 140 is the amount they 'expect' to collect, not the amount collected. as such, I bet FFO is actually only about 78million cash in hand after the ridiculous corporate expenses. Did they even attempt to cut corporate expeneses?
so actual cash in hand payout ratio is about 400-500%
Want to make a bet? If I am right, you both leave this board!!!
It's stated clearly in the news release... FFO is 178M and it includes corporate costs of 80M.
Take a step back and breathe. The numbers they publish are right according to accounting rules, where revenue recognition is different than "collection".