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"We have no borrowings," he said.
The subsidiaries have no borrowings, are fully funded by equity capital and have significant liquid assets," the company said in a statement.
Similar(58)
When she arrived in England, she had no borrowings.
Yet the Glazer debt for a club that had no borrowings before the takeover, is still about £342m and finance costs were another £53m, reducing pre-tax profits to £22m.
The most persuasive argument, which I repeated in this magazine in 2000, was that Fay had found no borrowings on the first page of Chapter 1, which proclaimed the truth of the very book that was in the reader's hands.
Although neither company had any borrowings themselves, another ICAP unit, registered to the same address on Boulevard Prince Henri did.
Nevertheless, it remains unlikely that Desmond will sell out, not least because his media empire remains profitable with little or no borrowings, and he has no need of money.
DROs enable consumers with debts of less than £15,000 and minimal assets or surplus income to have their borrowings written off, without having to enter full bankruptcy.
Many cars of the era borrowed styling cues from the sleek shapes of airplanes, and as airplanes have changed, so have the borrowings.
Many such relics began as imports: centuries of Anglophone empire-building have occasioned borrowings from some three hundred and fifty languages, including Arabic ("sash") and Sanskrit ("pundit").
We have surplus cash and no borrowings, and so we can weather shocks".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com