The problem with the red colour data, this company ING is listed in 2016, why its long
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The problem with the red colour data, this company ING is listed in 2016, why its long term liability is negative, in my understanding, its long term liability should be positive, can someone explain why it is negative
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A2M AAC AAP ABT AHF AS1 BFC BGA O BUB BUG 2 CGC B CSS 4DBF 5 DFM 5 ELD 7 ΕΡΑ 3 FFI 9 FNP O FOD FRM 2 FSF B GNC 4 HUO 5 ING 5 JJF 4 KTD B LON 9 MCA ASX Code Company Name Angel Seafood Holdings Ltd Item Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb-- Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb-- Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet- NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Beston Global Food Company Limited Bega Cheese Limited Bubs Australia Limited Buderim Group Limited Costa Group Holdings Limited Clean Seas Seafood Limited Duxton Broadacre Farms Limited Ephraim Resources Limited FFI Holdings Limited Dongfang Modern Agriculture Holding Group Limited Annual Balance Sheet - NCL Long-Term Deb-- Elders Limited Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb-- Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Det Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb-- Annual Balance Sheet - NCL Long-Term Deb The a2 Milk Company Limited Australian Agricultural Company Limited Australian Agricultural Projects Limited Abundant Produce Limited Australian Dairy Nutritionals Group Freedom Foods Group Limited The Food Revolution Group Limited Farm Pride Foods Limited Fonterra Shareholders' Fund Graincorp Limited Huon Aquaculture Group Limited. Inghams Group Limited Jiajiafu Modern Agriculture Limited. Keytone Dairy Corporation Limited Longtable Group Limited Murray Cod Australia Limited 2014 278,029,000.00 1,378,522.00 20,000,000.00 116,000.00 116,900,000.00 48,000.00 121,000.00 0.00 3,000,000.00 5,927,000.00 2,987,000.00 0.00 -- 600,700,000.00 45,113,000.00 0.00 -- 2015 0.00 364,902,000.00 3,069,527.00 0.00 6,407,942.00 0.00 57,500,000.00 16,697,000.00 84,000.00 no con 0.00 0.00 3,000,000.00 30,890,000.00 4,502,000.00 789,100,000.00 40,916,000.00 2016 0.00 365,194,000.00 3,152,958.00 0.00 -- 10,380,373.00 0.00 47,500,000.00 0.00 89,000.00 103,766,000.00 68,000.00 81,732.00 0.00 0.00 -- 4,500,000.00 71,393,000.00 0.00 244,000.00 791,500,000.00 51,979,000.00 -418,200,000.00 0.00 2017 0.00 362,918,000.00 3,145,946.00 10,418,278.00 333,418.00 0.00 215,280,000.00 0.00 8,431,000.00 106,775,000.00 832,000.00 7,080,025.00 65,890.00 0.00 4,500,000.00 23,395,000.00 0.00 5,000.00 748,400,000.00 54,812,000.00 448,600,000.00 0.00 170,374.00 2018 0.00 353,363,000.00 3,394,030.00 300,976.00 176,743.00 159,000.00 266,982,000.00 0.00 10,288,000.00 236,467,000.00 1,727,000.00 10,741,000.00 49,263,821.00 1,074,000.00 0.00 124,461,000.00 0.00 10,053,000.00 762,900,000.00 44,961,000.00 419,100,000.00 0.00 264,000.00 243,556.00 A2M AAC AAP ABT AHF AS1 BFC BGA O BUB BUG 2 CGC B CSS 4DBF 5 DFM 5 ELD 7 ΕΡΑ 3 FFI 9 FNP O FOD FRM 2 FSF B GNC 4 HUO 5 ING 5 JJF 4 KTD B LON 9 MCA ASX Code Company Name Angel Seafood Holdings Ltd Item Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb-- Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb-- Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet- NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Beston Global Food Company Limited Bega Cheese Limited Bubs Australia Limited Buderim Group Limited Costa Group Holdings Limited Clean Seas Seafood Limited Duxton Broadacre Farms Limited Ephraim Resources Limited FFI Holdings Limited Dongfang Modern Agriculture Holding Group Limited Annual Balance Sheet - NCL Long-Term Deb-- Elders Limited Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb-- Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Det Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb Annual Balance Sheet - NCL Long-Term Deb-- Annual Balance Sheet - NCL Long-Term Deb The a2 Milk Company Limited Australian Agricultural Company Limited Australian Agricultural Projects Limited Abundant Produce Limited Australian Dairy Nutritionals Group Freedom Foods Group Limited The Food Revolution Group Limited Farm Pride Foods Limited Fonterra Shareholders' Fund Graincorp Limited Huon Aquaculture Group Limited. Inghams Group Limited Jiajiafu Modern Agriculture Limited. Keytone Dairy Corporation Limited Longtable Group Limited Murray Cod Australia Limited 2014 278,029,000.00 1,378,522.00 20,000,000.00 116,000.00 116,900,000.00 48,000.00 121,000.00 0.00 3,000,000.00 5,927,000.00 2,987,000.00 0.00 -- 600,700,000.00 45,113,000.00 0.00 -- 2015 0.00 364,902,000.00 3,069,527.00 0.00 6,407,942.00 0.00 57,500,000.00 16,697,000.00 84,000.00 no con 0.00 0.00 3,000,000.00 30,890,000.00 4,502,000.00 789,100,000.00 40,916,000.00 2016 0.00 365,194,000.00 3,152,958.00 0.00 -- 10,380,373.00 0.00 47,500,000.00 0.00 89,000.00 103,766,000.00 68,000.00 81,732.00 0.00 0.00 -- 4,500,000.00 71,393,000.00 0.00 244,000.00 791,500,000.00 51,979,000.00 -418,200,000.00 0.00 2017 0.00 362,918,000.00 3,145,946.00 10,418,278.00 333,418.00 0.00 215,280,000.00 0.00 8,431,000.00 106,775,000.00 832,000.00 7,080,025.00 65,890.00 0.00 4,500,000.00 23,395,000.00 0.00 5,000.00 748,400,000.00 54,812,000.00 448,600,000.00 0.00 170,374.00 2018 0.00 353,363,000.00 3,394,030.00 300,976.00 176,743.00 159,000.00 266,982,000.00 0.00 10,288,000.00 236,467,000.00 1,727,000.00 10,741,000.00 49,263,821.00 1,074,000.00 0.00 124,461,000.00 0.00 10,053,000.00 762,900,000.00 44,961,000.00 419,100,000.00 0.00 264,000.00 243,556.00
Expert Answer:
Answer rating: 100% (QA)
Its unusual for a companys longterm liabilities to be negative as liabilities typically represent ob... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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