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<blockquote data-quote="TechPhi97" data-source="post: 998560" data-attributes="member: 158"><p>Yes, 100% agreed. The other thing to remember is that the declared sources of revenue do not include income from investments or the sale of investments. The financial statement themselves show the value of these assets, which are effectively what sits in our "savings account". In the last year of reporting we had to sell some of those investments to cover operating expenses, but in other year the value of those investments has gone up significantly with the market. I feel like a lot of our financial strength is "hidden" on the balance sheet, basically.</p></blockquote><p></p>
[QUOTE="TechPhi97, post: 998560, member: 158"] Yes, 100% agreed. The other thing to remember is that the declared sources of revenue do not include income from investments or the sale of investments. The financial statement themselves show the value of these assets, which are effectively what sits in our "savings account". In the last year of reporting we had to sell some of those investments to cover operating expenses, but in other year the value of those investments has gone up significantly with the market. I feel like a lot of our financial strength is "hidden" on the balance sheet, basically. [/QUOTE]
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