PROFIT OR LOSS?/REVEALED.........WELL SORT OF!

[cruisey]

These figures are for delivery traffic only. It doesn't take into account the profit making parts of the group. A selective release of the figures i would say.

[norbet colon]

These figures are for delivery traffic only. It doesn't take into account the profit making parts of the group. A selective release of the figures i would say.

- It's hardly the first time there's been legal creative accounting and spin , also the motives for doing so are suspect. :lfo

[dvbuk55]

These figures are for delivery traffic only. It doesn't take into account the profit making parts of the group. A selective release of the figures i would say.

- It's hardly the first time there's been legal creative accounting and spin , also the motives for doing so are suspect. :lfo

Are we ever going to see a true accounting do you think?

[DGP1]

I wonder if :lfo :cfo use Arthur Andersen to do their accounts

[the beautiful bd south]

Downstream access made a loss of £44M compared to a loss of £14M the previous year – this is because of volumes more than doubling to over 2.4 billion items.

Only at Royal mail would this happen..
The more of our competitors work we do the more money we lose.

Sack the pair of them.

[norbet colon]

Downstream access made a loss of £44M compared to a loss of £14M the previous year – this is because of volumes more than doubling to over 2.4 billion items.

Only at Royal mail would this happen..
The more of our competitors work we do the more money we lose. It's what we've always suspected , run the Post Office down , big up the competition , that dog food munching spiv has already tried part privatization twice . Then you've got those failed free-marketeer Tories in Postcon with thier ideology , two attack dogs .

Sack the pair of them.

:lfo :cfo

[coppertop]

said this for a very long time and never liked big al and little c at all they will run this company into the ground and force the goverments hand into letting them privatise us after which all the true blue hounds will buy up the shares and they will take masive bonuses each and bugger off

[Big Daz]

Another extract for you.


These regulatory financial statements are based on the financial records of the business and reconciled to operating profit within the Royal Mail Group Ltd statutory accounts on which the auditors have expressed an unqualified opinion.

[de-coded]

Can someone put the pdf online available as I can't get if from FTP Site

cheers

[POSTMAN]

Can someone put the pdf online available as I can't get if from FTP Site

cheers

http://www.mediafire.com/?bdyen22it2s

[plodsie]

said this for a very long time and never liked big al and little c at all they will run this company into the ground and force the goverments hand into letting them privatise us after which all the true blue hounds will buy up the shares and they will take masive bonuses each and bugger off

I really cannot see us being privatised because lets face it, who would buy shares in a company that is making a loss and will continue to do so? We are more likely to be sold off to the highest bidder, TNT perhaps.

[de-coded]

has anyone seem this information in the papers or should we simply email it to every major newspaper

[postie28]

£12m loss my ar*e. if these two :cfo :lfo t**s and there mates give back their £40m in bonuses it would be a £28m profit