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Gold/Mining/Energy : Trilon Financial TFC.A
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To: reg who wrote (3)2/15/1998 3:05:00 PM
From: Jay Anderson   of 15
 
Reg

It is hard to figure how much cash they do have from the press release. They got $1.6 billion from the sale of London Life and about $250 million from the sale of Gentra. They spent $300 million of this so they netted about $1.5 billion. How much of this is in cash cannot be figured out from the limited amount of information they released. Total Assets are $2.9 billion and shareholder equity is $2.1 billion. There are 162 million shares outstanding and the book value is listed at $10.39

Jay
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