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International Chairman | 14145 | No Team Selected |
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| Can I suggest that BB and Mrs B retire to PM? I'm an accountant myself, yet with this war of attrition I lost the will to live about two pages back... 
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Player Coach | 2927 | No Team Selected |
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| I'm doing A-level maths (which includes a module on statistics), but reading the last few pages of this thread is making me want to tear my fingernails out.
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Club Coach | 29816 | No Team Selected |
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Jul 2005 | 20 years | |
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| Quote Adeybull="Adeybull"Can I suggest that BB and Mrs B retire to PM? I'm an accountant myself, yet with this war of attrition I lost the will to live about two pages back...
'"
Fair enough.
Whilst it is good news that fewer clubs are making losses and the average loss (whichever way you calculate it  ) appears to be reducing, you do have to wonder whether it's coincidence that this has happened when these are the last accounts to be filed before the next set of franchises are decided. 
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Rank | Posts | Team |
Club Owner | 2874 | No Team Selected |
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Feb 2004 | 21 years | |
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Aug 2024 | Aug 2024 | LINK |
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| Quote Adeybull="Adeybull"Quite easy with a full set of accounts. Much harder with abbreviated accounts, especially where you have non-recurring transactions or financing activities that are not disclosed.'"
Which is why I was talking about OCF and not Net Cashflow as you wouldn't know the financing activities or capital expenditure. In my experience OCF is a pretty good indicator of a business' normal everyday performance.
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International Chairman | 4799 | No Team Selected |
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Mar 2002 | 23 years | |
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Jun 2021 | Apr 2019 | LINK |
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| All I'm getting from this is that you can make figures show whatever you want - which as a retired Royal Mail statisticain I knew already!
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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| Quote Barnacle Bill="Barnacle Bill"I don't understand why the owner says that the club has no debts, not even directors loans, but they still report huge losses. The money he puts in has to be classed as income of some sort (sufficient to cover the trading deficit) but they still post losses. How can this be?
'"
Quite easily. The owner could put in a few million as share capital. No debt but losses are covered.
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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| Quote JB Down Under="JB Down Under"is there tax reasons for posting losses rather than profits? One thing I've learned about stats and financial reports is that they can both be made to show what ever you want them to!'"
No.
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International Chairman | 14845 | No Team Selected |
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| Quote Adeybull="Adeybull"Two others:
1. Total incompetence. (again??)
2. There is some fundamental uncertainty that is preventing the accounts being signed off yet but where resolution is reasonably expected within a sensible time frame (although in such cases you should seek an extension from Companies House, who will generally grant it - not happened)
So that gives us:
1. Incompetence
2. Fundamental uncertainty
3. Something to hide
Several years running.
Wonder which one/s it is?
'"
Normally 2 amd 3 follow from 1.
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Rank | Posts | Team |
Club Coach | 29816 | No Team Selected |
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Jul 2005 | 20 years | |
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Feb 2025 | Feb 2025 | LINK |
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| Quote The Chronicler of Chiswic="The Chronicler of Chiswic"All I'm getting from this is that you can make figures show whatever you want - which as a retired Royal Mail statisticain I knew already!'"
Ssssh - keeps some of us in a job. 
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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| Quote Derwent="Derwent"Not at all.
If you have the balance sheet you can work out the OCF quite easily from the movements in working capital and the annual EBITDA. So long as you have the opening and closing balances for debtors, creditors and stock then you can work out what the cashflow was from normal operating activities though in some cases you'd have to have an educated guess at EBITDA due to lack of a detailed P&L.'"
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Player Coach | 2912 | No Team Selected |
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May 2006 | 19 years | |
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Apr 2024 | Jan 2020 | LINK |
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Player Coach | 999 | No Team Selected |
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May 2009 | 16 years | |
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Apr 2014 | Apr 2014 | LINK |
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| i'm a plasterer i dont care!!!!
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Club Owner | 10532 | No Team Selected |
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Feb 2004 | 21 years | |
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Jul 2014 | Jul 2014 | LINK |
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| Does anyone think that chris joint should have been penalised for a voluntary tackle at the grand final.
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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| Quote Wild Child LukeSykes83="Wild Child LukeSykes83"Does anyone think that chris joint should have been penalised for a voluntary tackle at the grand final.'"
No, because he never played in a Grand Final.
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Rank | Posts | Team |
Club Owner | 10532 | No Team Selected |
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Feb 2004 | 21 years | |
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Jul 2014 | Jul 2014 | LINK |
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| Quote Dally="Dally"No, because he never played in a Grand Final.'"
Im sorry Dally but Mrs An-Count B has bored me into a stupier so i thought i'd talk about rugby league. 
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Rank | Posts | Team |
Player Coach | 999 | No Team Selected |
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May 2009 | 16 years | |
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| its all the drivel we get used to
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Club Coach | 12102 | No Team Selected |
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May 2005 | 20 years | |
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Quote Mrs Barista="Mrs Barista"Seems like 2009 was a marginally better year financially for some clubs. In 2008, the only club (I think) to make a profit was Hull FC. The league table of profit/loss for 2009 is as follows (assuming I've got the right entities) and shows 4 clubs in profit and a further 3 with a loss < £100k (although I'm being a bit generous with Wigan and using their pre impairment/depreciation/interest number). Leeds profit is before a hefty exceptional income of £3m from a transaction with Yorkshire CC. The average loss excluding Harlequins, which IMO distorts the underlying picture, is -£103,630.
Leeds 720,871
Warrington 159,514
Hull FC 77,141
Castleford 26,679
Salford -19,651
Wigan -40,715
Bradford -72,209
Wakefield -202,379
Huddersfield -823,739
St Helens -861,810
Harlequins -1,936,804
Average excluding Harlequins -103,630
This excludes clubs whose accounts are overdue, ie Hull KR and Crusaders.'"
www.thisishullandeastriding.co.u ... ticle.html
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Quote Mrs Barista="Mrs Barista"Seems like 2009 was a marginally better year financially for some clubs. In 2008, the only club (I think) to make a profit was Hull FC. The league table of profit/loss for 2009 is as follows (assuming I've got the right entities) and shows 4 clubs in profit and a further 3 with a loss < £100k (although I'm being a bit generous with Wigan and using their pre impairment/depreciation/interest number). Leeds profit is before a hefty exceptional income of £3m from a transaction with Yorkshire CC. The average loss excluding Harlequins, which IMO distorts the underlying picture, is -£103,630.
Leeds 720,871
Warrington 159,514
Hull FC 77,141
Castleford 26,679
Salford -19,651
Wigan -40,715
Bradford -72,209
Wakefield -202,379
Huddersfield -823,739
St Helens -861,810
Harlequins -1,936,804
Average excluding Harlequins -103,630
This excludes clubs whose accounts are overdue, ie Hull KR and Crusaders.'"
www.thisishullandeastriding.co.u ... ticle.html
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Rank | Posts | Team |
International Chairman | 14094 | No Team Selected |
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Aug 2002 | 23 years | |
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Dec 2019 | Jul 2016 | LINK |
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| Quote Dally="Dally"No, because he never played in a Grand Final.'"
Chris Joynt never played in a Grand Final?
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Rank | Posts | Team |
International Chairman | 4799 | No Team Selected |
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Mar 2002 | 23 years | |
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Jun 2021 | Apr 2019 | LINK |
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| Quote Billinge_Lump="Billinge_Lump"Chris Joynt never played in a Grand Final?'"
Ask tb (if you want to be banned  ).
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Rank | Posts | Team |
International Chairman | 14094 | No Team Selected |
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Aug 2002 | 23 years | |
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Dec 2019 | Jul 2016 | LINK |
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| Quote The Chronicler of Chiswic="The Chronicler of Chiswic"Ask tb (if you want to be banned
).'"
I presumed Luke was referring to the JVT thread of legend.
What's Dally on about tb? 
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International Chairman | 48326 | No Team Selected |
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Mar 2002 | 23 years | |
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Sep 2023 | Oct 2022 | LINK |
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| I have no idea. But then, I seldom do with him.
(apart from being a sub-tb pedant and pointing out that 'chris joint' has never played in a grand final because there's no such player) 
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International Chairman | 31082 | No Team Selected |
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Mar 2002 | 23 years | |
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| And even if he did, he definately wouldnt have been tackled...
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International Board Member | 29216 | No Team Selected |
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Jul 2003 | 22 years | |
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Feb 2025 | Jan 2025 | LINK |
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| Quote Code13="Code13"And even if he did, he definately wouldnt have been tackled...'"
He tripped.
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Club Coach | 8599 | No Team Selected |
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Jul 2005 | 20 years | |
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May 2016 | Aug 2014 | LINK |
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| Quote Adeybull="Adeybull"Can I suggest that BB and Mrs B retire to PM? I'm an accountant myself, yet with this war of attrition I lost the will to live about two pages back...
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Strange how when you mentioned what you do for a living Mrs B suddenly backs off. 
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Rank | Posts | Team |
International Board Member | 20966 | No Team Selected |
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Aug 2003 | 22 years | |
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Jun 2015 | Feb 2015 | LINK |
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| Quote Saddened!="Saddened!"He tripped.'"
.....I can see where this thread is going
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