freezefox:收入多左，支出又唔見多，利潤反而大幅下滑。何解？
(2013-09-24 15:22) 
Arsenal Holdings plc has announced its financial results for the year ended May 31, 2013:
Group profit before tax was £6.7 million (2012 - £36.6 million)
Profit on sale of player registrations amounted to £47.0 million (2012 - £65.5 million)
One-off charges related to the impairment of certain player registrations and associated costs amounted to £10.0 million (2012 - £5.5 million)
£58.7 million of investment in new players and extended contracts pushed amortisation charges up to £41.3 million (2012 - £36.8 million)
Turnover from football increased to £242.8 million (2012 - £235.3 million) driven mainly by commercial activity including the Club’s extended partnership with Emirates
Taking account of increased costs, principally wage costs, operating profits (before depreciation and player trading) from football decreased to £25.2 million (2012 - £32.3 million)
Property revenue rose to £37.5 million (2012 - £7.7 million) inclusive of the sale of the market housing site at Queensland Road. However, the Queensland Road sale was essentially at break even in profit and loss terms. Overall operating profits from property increased to £4.4 million (2012 - £2.2 million)
The Group has no short-term debt and continues to have a robust financial platform from cash reserves, excluding the balances designated as debt service reserves, of £119.7 million (2012 - £120.1 million)
