Originally Posted by
zoooropa
I stand corrected. Thank you for the references.
No problem. I wouldn't mind standing corrected either. I appreciate having a dialogue.
Originally Posted by
zoooropa
It is interesting that the "other" doesn't match up with the amount listed in the body nor the cash balance sheet line item.
Which "other" isn't lining up--not quite sure which specific figures you're referencing.
The SLB gains roll into "retained earnings" on the balance sheet because SLB gains are not distributed as dividends. As you note, the SLBs aren't explicitly mentioned on the consolidated balance sheet. Nor are they highlighted on the consolidated statement of operations. In both places (retained earnings & other OE) they are effectively hidden. I personally wish F9 was more transparent with their investor communications/documents, but I won't hold my breath.