Financials - Abitibi Consolidated vs. Bowater

AbitibiBowater has released separate financial numbers for its subsidiaries:

• Bowater Inc. and Bowater Newsprint South LLC


• Abitibi-Consolidated Inc. and AbitibiBowater US Holding LLC

Here are some of the numbers for the last quarter:

Sales

Bowater: $529 million

Abitibi: $566 million

Operating Loss

Bowater: $37 million

Abitibi: $9 million

Net Loss

Bowater: $254 million

Abitibi: $241 million

Assets

Bowater: $3.476 billion

Abitibi: $4.288 billion

Total Liabilities

Bowater: $4.069 billion

Abitibi: $4.942 billion

"The underlying financial records from which the Financial Information was derived have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. However, the commencement of the Creditor Protection Proceedings raises substantial doubt about AbitibiBowater's ability to continue as a going concern."



See more numbers:

Form 8-K Report of unscheduled material events or corporate changes. - November 19th, 2009 (AbitibiBowater)