Replies to post #7459 on GT Advanced Technologies Inc fka GTAT

[Jaymac4423]

I am pretty sure aapl owns the az plant

[samplescave]

THIS IS WORTH A RE-POST! They carried the AZ plant and furnaces as assets, so conservatively (and based on the Aug 8-k, if you look at the difference between this year and last year), you probably need to reduce assets by 400 million. And, it looks like they carried the withheld payment as deferred income, so assets need to be reduced by an additional 140 million. I suspect that if and when they file full schedules of assets and liabilities, that they'll be roughly equal.

Ilene

Thanks Ilene~