March Balance Sheet: Asset.....139.491B Liability...(-395.357B) ___________________ Equity.....(-255.866B)
Discharge....358.035B __________________________________ Equity....102.169B-------(This is -8.69B Difference from 93.6B after the discharge) Distribution...(-53.5B) ________________________________ Equity.........48.669
Liabilities....(5.2B) _____________________________ Equity........43.469 minus difference (-8.69B) Equals 34.78B
What this is telling us is a confirmation of the discharge.:)
It seems they are acknowledging they (the pre-bankruptcy liabilities) are still there, but shouldn't be a focus. This would show potential investors in the company going forward that there is plenty of equity left after the exit, without focusing on what they had to discharge to get there.
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