World Kinect Corp V.INT

Primary Symbol: WKC

Energy Oil & Gas Midstream

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.

NYSE:WKC - Post by User

World Kinect Corp

Bullboard Posts

Comment by investman2on Jan 14, 2013 1:33pm

163 Views

Post# 20835535

RE: RE: RE: RE: RE: RE: RE: 50/50

Well, Royal i am surprised here that you did not find it. It is on page 26 of year end financials:

The Company from April 25, 2012 holds significant influence over the strategic business decisions ofLexifone and as such Lexifone is accounted for as an associate investment using the equity method of accounting. The Company recorded its share of the losses in Lexifone from April 25, 2012 to June 30,2012 in the amount of $28,051 which is recorded as a reduction of the net investment in Lexifone and asequity in losses of associates in the consolidated statement of operations and comprehensive loss. François