RidingDirty
Elite
- Joined
- Oct 5, 2006
- Posts
- 3,644
- Location
- Between Mack and TC
- Society
- PE Addicts
- Avatar Name
- Marcus RidingDirty Jaervinen
Agree. And we can take it even further: There is a difference of understanding
a financial report, and understanding the reality behind a financial report.
Numbers are one thing. Imo, the interesting part is what type of actions
were done, that led to these numbers.
There were actually a part in that report, that cought my interest.
It is also good to have understanding of the local taxes and laws. As an example we could take the castle. Any money left on the bank-account at the end of the year is considered profit and means you'll have to pay taxes. Unless you invest the money, in which case you can sell parts of the investment whenever you need your funds again.
For those of ou who doesnt know swedish, the quote from the report in the post above says that MA is looking to start three business-projects. All theese projects are supposed to bring money to MA. It also says that a least one needs to be finished during the autumn in order to ensure that MA can keep running. The board-members are convinced that they will succeed with this.
Two pointers:
1, That is far more scary than MA selling parts of the business
2. MA is no longer game-developers, but more of a investment-group.