$36.7M CWB'Purchase of Capital assets'

**Fransisco** · Feb 13, 2009, 15:33

The question seems to answer itself, they don't want us to know what they've been buying.

I'd like to know what the demurge charges were but again they don't tell us.

**TOM4CWB** · Feb 13, 2009, 15:34

Page 76 Financial Results

Exceptional?

I agree... well stated: I take 'Exception' to the manner in which the CWB wasted our money!

**TOM4CWB** · Feb 13, 2009, 15:39

Fransisco,

There was Dispatch... because the CWB PAYS DEMURAGE CREDITS UP FRONT... and plans always to get a credit on the shipping.

Chaffmeister has explained this before... the shipping companies win (big $$$)... and the CWB figures we are too stupid to know the difference!

**Fransisco** · Feb 13, 2009, 15:54

Yes they call it 'net' dispatch with a footnote saying demurge was 'significant'. I'd like to know how significant as in give me a number please.

Also dispatch really isn't a positive number, if they get a shipment out earlier than agreed upon they only get part of the money back. Not sure how much, could be 50%. Bottom line is that it is cheaper but it still costs us something. Nothing like pretending a negitive is a positive.

**parsley** · Feb 13, 2009, 16:40

Renovations?

**ado089** · Feb 13, 2009, 17:02

I though they weren't suppose to have any capital. Isn't that how their incestuious relationship keeps the grain co's and rail lines in buisness.

**Fransisco** · Feb 13, 2009, 17:10

Renovations! Yes that's it! They are working on getting that $1300 renovations rebate from the Conservative stimulus plan.

**TOM4CWB** · Feb 13, 2009, 20:25

Fransisco,

You had to spend it after Jan 27/09...

It does not look like this capital went into the rail cars... where did it go?

**Fransisco** · Feb 13, 2009, 21:06

What, they can't get new invoices made out?

$36.7M CWB'Purchase of Capital assets'