This is the second in a series of articles examining the financial health of Westfield.
In the first article, we saw that the company’s operating loss was €5.4bn and that its loss from impairment was €2.4 billion, meaning it was in a much worse position than it was at the end of the year.
In this article, I’ll look at how the company is in its current financial position, comparing it to its previous financials and looking at the growth of the company.
Westfield’s financials The financials are available on Westfield AG’s website.
They show that the business lost €11.9bn in the last financial year, and it’s now the sixth-biggest company in Ireland.
The company’s total debt is €27.6bn, of which the remaining €4.7bn is equity.
It has a market value of €27bn.
The total assets at the start of the financial year were €19.7 billion.
As you’d expect, there’s a lot of money in Westfield and a lot more than in its past years.
There are €1.2bn in share capital.
In terms of cash, the company has €1,971m, including its €1bn in long-term borrowings, which have been repaid in full since 2014.
It’s the third-bigger company in Europe, after LVMH and Deutsche Bank.
The biggest increase is in long term debt, which rose from €3.2 billion at the beginning of the current financial year to €531m.
Westpark’s financial position In the financials, the most significant changes are in the share capital, the debt and the long term borrowings.
The share capital is €1 billion, which is the largest of any of Westfields shares.
It grew by €3 billion to €21.7 per share.
The long term loans grew by a whopping €4 billion to reach €10.6 billion, or around €8 per share, while the company had a debt of €17.5bn at the time of writing.
These figures are up from €1billion at the year-end, when Westfield was worth €16.3 billion.
The cash position has also grown substantially.
The shares are worth €6.4 per share and the company earned €2bn.
Westfields net loss in the year ended 31 March 2017 The first financial statement of Westpark is a report from last year that showed a €3bn net loss.
This is a fairly common trend in business reports.
It means that the loss is due to one of two things.
Firstly, the amount is smaller than what was expected, in which case it could be a reflection of the business not making a profit.
Secondly, the cash position of the share is less than what’s expected, which could be because of the lower-than-expected interest payments.
In addition, Westfield is in a different position to its past financials.
It did not meet its capital requirements for the last two years, and was able to borrow more money than it would have otherwise.
These factors combined mean that it is no longer able to pay its debts on time.
The current financial results are a little more positive.
The net loss fell to €3,621m, or €1 per share of shares.
That’s down from €6,965m in the previous financial year.
The decrease was mostly due to the decrease in interest payments and the rise in debt.
The increase in debt, however, was mainly due to increased debt due to a combination of the growth in the value of the shares, as well as the sale of Westland’s assets.
The growth in value of West Park’s assets The value of its assets has also increased over the last three years.
As shown in the following table, the value has increased from €2 billion to over €6 billion.
There is a lot to admire in this growth, especially as it’s a result of the Westpark business being able to sell the assets of WestPark to the company it bought.
This has resulted in an increase in the amount of cash that the financial statements indicate.
The amount of debt and capital that Westfield has to repay is now €3billion.
This compares with €2billion at its previous years end.
As a result, the net loss is down from its previous year’s figure of €3 per share to €1 a share.
However, it’s still a lot, given the growth over the years.
WestPark’s growth over time Westfield continues to grow, as it is expected to do for the foreseeable future.
Its growth has continued at a solid pace.
The value for the shares is increasing year on year, which means that they have been valued by the company at an average price of around €10 a share over the past three years, with the highest value being €19 per share