mg time to go!, page-16

feckens,

It's all about how the parent company treated funds in and out and allocated its overheads. Before part of the public company = profitable, after public company = profitable, during public company life = making a loss (sort of), as the Motopia subsidiaries were given lots of new un-related overheads that make them unprofitable! I.e. the subsidiary companies have to pay the board directors salaries and expenses and the other public company staff costs etc, as there is no income in the parent company in this example. If you took out just cBox's revenue and overheads it was always profitable. Other issue is the CFO and her magic calculator!