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Old 28-10-2011, 09:43   #12
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
Posts: 13,995
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Re: Why don't Virginmedia....

Simple - depreciation and amortisation, neither of which are a reflection of the company's actual cash income but are used within the net profit/loss statement - a handy way of calming the tax bill down and required as part of writing down the value of purchased assets.

In terms of actual cash that went into the business you need to look at Free Cash Flow: FCF up 13% to £136m for the quarter

'lol'
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