Sony: upping FY operating income, net income and sales

[huiii]

Esmicksee said:

huiii said:

Huh? it does (or i'm haveing a knot in my brain). What's the counter account (is that the right word in english?) for the value added? I mean where does the aditional vale go? should be "extrordinary profit" or something shouldn't it?

Well maby it was. I'm all for selling assets if it helps them focus on something. and i agree the next 2 years are critical.

If you have a building down as £100m, and the valuer says its worth £140m:

Assets increases by £40m (Debit Propery, Plant, Equip)

Capital increases by £40m (Credit the revalutaion reserve).

Yea... if they return to profit shortly, then it'll be alright. If they don't, they'll need to downsize/take more radical measures. Think it all depends on whether they can fix their TV division.

Oh. you're probably right. I forgot about that. I always think that it's the oposite of write-off's. But of corse i'm forgetting about the reserves.