RE:RE:Question on financials reporting Yea it’s why it’s a separate line item so a sentient being can make a determination on the viability of the company’s performance based upon those separate items, separately.
It’s not hard. The long bloviated question as asked, is the bigger question for those who can discern. That wasn’t hard either.
canyousayiii wrote: To get the full answer you will have to look at the PYR's accounting policies and disclosure related to that item, and the relevant International Financial Reporting Standards. It is probably driven by the nature of the ownership/control and as the statements are independently audited and the item is probably the most material one on the statements, you can accept that the treatment complies with IFRS. Now, in terms of doing financial analysis, true professionals are well aware of such accounting implications and will consider these types of items appropriately. Sound financial analysis is based on assessment of cashflows (because it is cash that pays for things, not accounting profits) and these types of non-cash impacts, be they gains or losses, will be taken into account.