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Pursuit Co (june 11, amended)

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

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August 15, 2018 at 2:16 pm #468003
fahad132
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with reference to (a)
why interest has not been taken in the calculation in future years??
August 15, 2018 at 7:26 pm #468042
John Moffat
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The very first line in the appendix answers your question.
Also, if you watched my lectures you would no that interest is never taken into account in free cash flows (only if we are calculating free cash flows to equity).
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