LIGNUM Co.(dec 12 adapted)

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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February 7, 2021 at 11:52 am #609558
Noah098
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Sir i don’t understand why equity(which is 100% exposed to translation risk) not converted from MR to euros and checked for? Why only assets and liabilities? Why the difference occurring in value of equity not taken into consideration when MR falls by 20%?
February 7, 2021 at 3:31 pm #609575
John Moffat
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Share capital + reserves is always equal to the net assets.

The only reason for changes in the amount owed to the shareholders is because of changes in the value of the net assts.
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