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For ICBC, it's a state-owned institution. And a bank. The accounting is special for banks (and mostly beyond me). Some say, it's doubly "special" for companie
by rmah 6y ago
For ICBC, it's a state-owned institution. And a bank. The accounting is special for banks (and mostly beyond me). Some say, it's doubly "special" for companies like ICBC.
For Vodafone, that number was a special one time gain from the sale of Verizon Wireless. In 2014, they showed an operating loss of £3.9B (but a overall gain of £11B because of income tax credits -- hoorah for financial engineering?)