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Brown Cafe UPS Forum
UPS Discussions
TNT Deal?? & Billion Dollars?? What??
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<blockquote data-quote="beentheredonethat" data-source="post: 1081143" data-attributes="member: 4886"><p>The billions is after we are paid. However, after we are paid, UPS uses the money for a variety of things. For example, when we put in Worldport additions, Or buy vehicles or purchase aircraft, or invest in new servers etc. That is all "spent" after we list our profits. (It's how all the companies do it per GAAP). Things like current use, (ie purchasing gas, oil, electricity, repairing a pkg car, etc) are before the profit numbers are calculated. Also, after the profit we also use it to do stock buybacks (purchase stock on open market and retire it) also to pay dividends.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1081143, member: 4886"] The billions is after we are paid. However, after we are paid, UPS uses the money for a variety of things. For example, when we put in Worldport additions, Or buy vehicles or purchase aircraft, or invest in new servers etc. That is all "spent" after we list our profits. (It's how all the companies do it per GAAP). Things like current use, (ie purchasing gas, oil, electricity, repairing a pkg car, etc) are before the profit numbers are calculated. Also, after the profit we also use it to do stock buybacks (purchase stock on open market and retire it) also to pay dividends. [/QUOTE]
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