2242749 Ont Ltd. AIIFF

earnings from operations for 2014 would have been $15.1 mill

[HRc60to65]

Excluding the non-cash impairment charge, earnings from operations for 2014 would have been $15.1 million.

[HRc60to65]

Arf problem is account receivable at 155M$ including unbill revenue of 53.5M$. It is where the profit is hide. Expenses are charge, but income is not shown in the operating profit, but included in the account receivable. Assets is 308M$ Bank debts 30M$ Brookfield debt 117M$ trade creditors and un paids 71M$ notes 150M$ debenture 40M$ That means an excess of 160M$ (308M-30M$-117M$) after refunding

[llennn]

If this is the case then why is there no bid for DB, it is equal to zero