Where merger accounting is used, the investment is recorded in the company's balance sheet at the nominal value of the shares issued together with the fair value of any additional consideration paid. Any difference between the nominal value of shares acquired by the company and those issued by the company to acquire them, is taken to other reserves and classified as a merger reserve. Turnover Turnover represents net invoiced sales of goods, excluding value added tax. Fixed assets Fixed assets are stated in the balance sheet at cost less depreciation. This is not investment advice and please remember that the contributors may or may not hold shares in some of the companies discussed.
Shares can go down as well as up and can sometimes collapse completely.
Before investing anything always do your own research and seek the advices of a registered Financial Adviser.