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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (93687)2/21/2003 12:16:25 PM
From: goldsheet  Read Replies (1) | Respond to of 116779
 
realized gains (losses) affect cashflow and earnings
(they move from the balance sheet to income statement)

unrealized gains (losses) do NOT affect cashflow and earnings
(they do not move from the balance sheet to income statement)

When you deliver gold into a hedge it become earnings,
remaining hedges just sit on the balance sheet.
It's like when you sell a stock and have to report a gain (loss) to
the IRS (realized) versus it just sitting in your portfolio (unrealized)

Anyway, you guys are never going to agree, but please get the accounting terms correct.
If you can correct my spelling (trivial issue), then I can correct your accounting terminology (important issue)