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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

Chemicals Specialty Chemicals


TSX:CUS.DB.D - Post by User

CANEXUS CORP 6.5 PCT DEBS > Business Improvement Program
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Comment by Calgaryrideron Mar 13, 2015 11:17pm
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Post# 23520526

RE:Business Improvement Program

RE:Business Improvement ProgramIt just means that others settled they non-cash debt (ie commodities) with them this past quarter.   When you get a commodity, you don't get cash, so you have to back it out, which is what they did on page 8 in the cash flow calc.  You can't substitute cash for income on an cash flow statement.
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