$377M (Loss) described in statements.Here is what I stumbled upon thanks to Club while going through the statements.
Pg. 17
Net change in non-cash balances - continuing operations
For the three-month period ended September 30, 2021, the $408-million net change is mainly due to:
• a decrease in other financial assets mainly due to a non-cash change in fair value of embedded derivatives related to call options on long-term debt(1);
• a decrease in inventory mainly due to higher aircraft deliveries; and
• an increase in contract liabilities mainly due to advances on aerospace programs as a result of order intake. Partially offset by:
• a decrease in trade and other payables.
For the nine-month period ended September 30, 2021, the $85-million net change is mainly due to:
• an increase in other financial assets mainly due to a non-cash change in fair value of embedded derivatives related to call options on long-term debt(1) .
You can Interpret this (the above) which ever way you want.
Here is what I came with. The Bomber is using the Revenue money, to better the business. They are doing their outmost to start getting +FCF but, they still have a lot of holes to fill to fill in 2021 to get there. But in 2022 they'll start showing stronger profits. I've got my eyes wide open for the first 2 Quarters of 2022.
I know I got a little concerned in an earlier post yesterday, but I finally found what I was looking for in the Q3 statements to put my mind at ease and to go forward with their 2025 plan. Enjoy the World Series. 859