Welcome to '1 + 2 = 10 Accounting"
Earnings, Interest, Tax, Depreciation, Amortisation, EBIT, EBITDA, Underlying EBITDA, EBITDAR, Normalised Underlying EBITDAR.
Wow, that was a mouthful!
It's clear to see how the accountants can make the numbers a little confusing.
In this brief beginner's course, we go over the basics of financial accounting. From the things you probably know already to the things you read in the papers and hear on TV. We identify the three financial statements and how to quickly interpret them.