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Mag, eliminations are used for intercompany transactions on

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Chicagojosh   Sunday, 08/13/17 01:47:20 PM
Re: Magnum7419 post# 231214
Post # of 236609 
Mag, eliminations are used for intercompany transactions on consolidated financials. So that's why in segment section on page 24 you see that figure. It could be something like medifarm loaning money to EG, or use of an asset. The main financials net all of that out. The increase on assets is from acquiring more assets, lol not to state the obvious, but you can still increase assets under an operating loss....other ways to finance assets than operations...

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