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| Re: | Dachshund Puppy Wanted | | Ad: | I quite like cooking http://fittor.fun/pinkpornstar/ silvercartoon However, the company is now facing a particularly nasty situation: it has fallen to a pre-tax loss in the first half and its debt has soared. Basically, G4S owes twice as much to the banks as the value of the assets on its balance sheet. To put that in perspective, when investors pay 252p per share they get net assets – total assets of the company less monies owed to creditors – of £1.04bn, or 74p per share. But the net debt – debt less available cash – stands at £1.95bn, or 138p per share, at the end of June, up £267m from the same time last year.
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