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Username: hunter
Date/Time: Sun, November 5, 2000 at 4:09 AM GMT
Browser: Microsoft Internet Explorer V5.0 using Windows 98
Score: 5
Subject: Accounting discrepancies


It has been suggested to me by a private e-mail that the solution to the discrepancy with the numbers is because of the accounting principle of deferred income.

This may well be the solution, though it still seems strange - in the worst case if all the income came in August (the last month of the report) then sales would be £1.433m but total invoiced sales would be 12 times this amount - would be of the order of $17m (though it seems more likely to me that it is around $10m).

It still seems odd that they have paid Tuvalu $20m.

It is worrying to me that dotNOM have not responded publicly


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