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Western Wind Energy Corp V.WND

Utilities Utilities - Independent Power Producers


TSXV:WND - Post by User

Western Wind Energy Corp > OK
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Comment by impegaon Jul 19, 2012 10:10am
191 Views
Post# 20130294

RE: RE: RE: RE: RE: RE: RE: RE: RE: OK

RE: RE: RE: RE: RE: RE: RE: RE: RE: OK

Xtrykr0, in this case the grant never showed anywhere on the balance sheet prior to receipt( It was not a receivable or in cash). Therefore its receipt has an immediate impact on the bottom line ie) shareholders equity increases $78 million upon receipt (by $1.25 a share). It will show in Q3. $8 million will be added to cash (restricted) and debt will be reduced $70 million.

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