TSX:CUS.DB.D - Post by User
Comment by
pierrelebelon Mar 12, 2015 8:35am
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Post# 23512757
RE:Net Debt Calculation
RE:Net Debt Calculation
Why is the debt carried in the books different from the face value of the obligations? The answer can be found in the auditors note #9 (Sept 30 2014 repost):
https://canexus.ca/documents/Canexus-2014-Third-Quarter-Report.pdf
It is highly technical and you can look it up if really important to you.
From my perspective, the debt analysis presented earlier says it all.