> Reading over the annual report, I realise the matter is a tad complicated,
> because of the existence of Altium Ltd as the parent entity and then other
> companies owned by Altium. On first glance, however, the position of
> Altium, even though losses are shown for fiscal 2003, seems to be quite
> healthy. They could pay off all liabilities and deferred expenses with
> current assets and still have a couple of million dollars left, plus
> non-current assets including the software rights, etc.

I remember when Electrical Engineering used to be fun!  What's all this
"liabilities",  "deferred expenses", "non-current assets" hooey?  It's
supposed to be about the circuits, man!

;-)

Best regards,
Ivan Baggett
Bagotronix Inc.
website:  www.bagotronix.com


----- Original Message -----
From: "Abd ul-Rahman Lomax" <[EMAIL PROTECTED]>
To: "Protel EDA Forum" <[EMAIL PROTECTED]>
Sent: Tuesday, November 04, 2003 8:04 PM
Subject: Re: [PEDA] State of PCB (aka EDA) tool business


> At 08:44 PM 11/3/2003, you wrote:
> >interesting
> >what is that in US$ ?
>
> US$1.00 is roughly AU$1.50
>
> >at the 12 mil level double is a lot!
>
> So it ends up as $US16 million. But I''m not at all sure how to relate
that
> figure to what's in the annual report. Altium Ltd itself shows fiscal 2003
> revenue of AU$31 million. That would be about US$20 million.
>
> Reading over the annual report, I realise the matter is a tad complicated,
> because of the existence of Altium Ltd as the parent entity and then other
> companies owned by Altium. On first glance, however, the position of
> Altium, even though losses are shown for fiscal 2003, seems to be quite
> healthy. They could pay off all liabilities and deferred expenses with
> current assets and still have a couple of million dollars left, plus
> non-current assets including the software rights, etc.
>
>
>
>
>



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