I'm not sure......

But its quite believable.

All operating profit is.......

Direct income - direct costs

Given the prem money and parachute payments, I would be quite comfortable with saying we made operating profit in the majority of years. The only year where we probably didn't was promotion year.

After interest is probably a very different matter (e.g. loss after loss after loss)

Posted By: Johnny Comecardiff, May 29, 11:28:50