Construction Enquirer
JULY 19, 2023
He added that Kier had generated better positive operating cash flow for the year and would now report a net cash position of around £60m at the year-end, higher than the £2.9m reported in the prior year.
Construction Enquirer
JULY 10, 2023
It is the latter division which has been battling long term contracts with hyper inflation, schemes priced pre-covid which ultimately has impaired the groups cash-flow. “We as a board have worked tirelessly to attract additional overall finance into the group to invest for the future.
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Construction Business Owner
MARCH 1, 2012
Accounting & Finance. Industry News. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company.
Construction Business Owner
OCTOBER 26, 2011
Accounting & Finance. Industry News. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. Add new tag. General Management. Construction Law.
Viewpoint Construction Technology
APRIL 17, 2018
The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. Recognize the Revenue.
Construction Business Owner
FEBRUARY 16, 2012
Accounting & Finance. Industry News. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds.
Construction Junkie
MARCH 29, 2021
Other respondents said that their delays are caused by labor shortages, potentially infected people visiting the jobsite, shortage of PPE, and difficulty obtaining financing to cover cash flow. 90% of respondents cited backlogs or shutdowns at domestic factories, mills, and fabricators as the reason for delays.
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