When a small footnote is used as a tool to make a weak balance sheet look strong

This is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tucked into a note is not always a risk that will stay away. The warning is usually there in plain sight, months early, for the few investors who know where to look. This story shows you exactly where.

Raccontata daeconomictimes.indiatimes.com